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.
Objects
4. The charity’s objects (“Objects”) are specifically restricted to the following:To support and/or maintain the Gloucestershire Warwickshire Railway as a living museum for the benefit of the public.
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
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investment
- Risk management
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
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.. |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| LONDON TRANSPORT MUSEUM FRIENDS | 1 | £822k |
| KUSUMA TRUST UK | 1 | £130k |
| THE FINNIS SCOTT FOUNDATION | 1 | £750 |
Charities like this
- LONDON TRANSPORT MUSEUM LIMITED
- CHINNOR AND PRINCES RISBOROUGH RAILWAY ASSOCIATION LIMITED
- WESTERN LOCOMOTIVE ASSOCIATION LIMITED
- STATFOLD NARROW GAUGE MUSEUM TRUST LTD
- OSWESTRY STATION BUILDING TRUST LIMITED
- VALE OF RHEIDOL RAILWAY LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| GLOUCESTERSHIRE WARWICKSHIRE RAILWAY TRUST | £733k | — | 0 | unclear | — | no doubt |
| LONDON TRANSPORT MUSEUM LIMITED | £19.9m | — | — | unclear | — | no doubt |
| CHINNOR AND PRINCES RISBOROUGH RAILWAY ASSOCIATION LIMITED | £200k | — | 0 | above | — | no doubt |
| WESTERN LOCOMOTIVE ASSOCIATION LIMITED | £191k | — | 0 | unclear | — | no doubt |
| STATFOLD NARROW GAUGE MUSEUM TRUST LTD | £3.2m | — | 0 | unclear | — | noted |
| OSWESTRY STATION BUILDING TRUST LIMITED | £337k | — | 0 | above | — | no doubt |