GLOUCESTERSHIRE WARWICKSHIRE RAILWAY TRUST
The formation,management and maintenance of a musuem of Railway Memorabilia for the benefit of the public and for the educational and research purposes.
Financial health, per its FY2025 accounts
The accounts state that the charity made a deficit of £84,491 for the year ended 31 January 2025, resulting in a decrease in unrestricted reserves to £585,056. The trustees' report notes that the charity aims to maintain reserves equivalent to approximately three months of unrestricted charitable expenditure, a target which the current unrestricted reserves exceed. The independent auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.
What the accounts disclose
“The Trustees aim to maintain enough reserves in unrestricted funds at a level which equates to approximately 3 months of unrestricted charitable expenditure.” — page 4
Structured financials (annual return, FY ending 31/01/2026)
Trustees
- Alexander Andrew Caulfield
- Andrew James Smith
- Bryony Exton
- David Eric Burch
- Ian Charles Mitchell
- James Anthony Edwards
- John Edward Forkes
- Prof Adrian James Palmer
- RICHARD SCOTT
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/01/2026 | £733k | £177k |
| 31/01/2025 | £457k | £541k |
| 31/01/2024 | £714k | £811k |
| 31/01/2023 | £539k | £710k |
| 31/01/2022 | £965k | £207k |
Common questions
Is GLOUCESTERSHIRE WARWICKSHIRE RAILWAY TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity made a deficit of £84,491 for the year ended 31 January 2025, resulting in a decrease in unrestricted reserves to £585,056. The trustees' report notes that the charity aims to maintain reserves equivalent to approximately three months of unrestricted charitable expenditure, a target which the current unrestricted reserves exceed. The independent auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2025 accounts were audited by Ormerod Rutter Limited.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 20/09/2012 | £10k | GWRT database, lists, memeberships etc.. |