THE 762 CLUB
TO BUILD, PRESERVE, OPERATE AND EXHIBIT FOR THE PUBLIC BENEFIT, FOR EDUCATIONAL BENEFIT, AND INSTRUCTIONAL PURPOSES LOCOMOTIVES OF HISTORICAL IMPORTANCE, IN PARTICULAR A BALDWIN 2-4-2 TANK ENGINE TO BE NAMED "LYN"
Financial health, per its FY2025 accounts
The accounts state that the charity generated a net income of £64,663 for the year ended 31 December 2025, bringing total unrestricted funds to £1,173,819. The trustees note that while the charity's free cash reserves are currently insufficient to complete the construction of sister locomotives, they are optimistic that further fundraising will be successful. The charity aims to maintain sufficient free reserves to cover the ongoing maintenance costs of its operational locomotive, LYN.
What the accounts disclose
“The charity aims to keep sufficient free reserves to cover the ongoing maintenance costs of LYN.” — page 5
Trustees
- JON PAINchair
- MARTIN SWAINSON
- PETER MILES
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £69k | £4k |
| 31/12/2024 | £58k | £4k |
| 31/12/2023 | £58k | £4k |
| 31/12/2022 | £57k | £3k |
| 31/12/2021 | £70k | £3k |
Common questions
Is THE 762 CLUB financially healthy?
Per its FY2025 accounts: The accounts state that the charity generated a net income of £64,663 for the year ended 31 December 2025, bringing total unrestricted funds to £1,173,819. The trustees note that while the charity's free cash reserves are currently insufficient to complete the construction of sister locomotives, they are optimistic that further fundraising will be successful. The charity aims to maintain sufficient free reserves to cover the ongoing maintenance costs of its operational locomotive, LYN. Its FY2025 accounts were independently examined.