The Railway Community Homes
Operation of convalescent care centre in Devon for use by employees or former employees of the railway.
Objects
4. FOR THE RELIEF OF NEED WHETHER BY REASON OF AGE, ILL-HEALTH, DISABILITY, POVERTY, FINANCIAL HARDSHIP OR OTHER DISADVANTAGE INCLUDING BUT NOT LIMITED TO BY THE PROVISION OF: 4(1) ACCOMMODATION INCLUDING BUT NOT LIMITED TO THE PROVISION OF SOCIAL HOUSING IN THE FORM OF ALMSHOUSES AND OTHER INDEPENDENT LIVING ACCOMMODATION; AND 4(2) GRANTSTO PERSONS OF THE FOLLOWING CLASSES AND IN THE FOLLOWING ORDER OF PRIORITY:(A) PERSONS WHO ARE OR WHO HAVE BEEN EMPLOYEES OF CURRENT OR FORMER NATIONALISED OR FORMERLY NATIONALISED RAILWAY UNDERTAKINGS;(B) PERSONS WHO ARE EMPLOYEES OF ANY NATIONALISED OR FORMERLY NATIONALISED TRANSPORT UNDERTAKINGS IN THE UNITED KINGDOM AND ANY NATIONALISED OR FORMERLY NATIONALISED UNDERTAKINGS AUXILIARY OR SUBSIDIARY THERETO;(C) PERSONS WHO HAVE BEEN EMPLOYEES OF ANY NATIONALISED OR FORMERLY NATIONALISED TRANSPORT UNDERTAKINGS IN THE UNITED KINGDOM AND ANY NATIONALISED OR FORMERLY NATIONALISED UNDERTAKINGS AUXILIARY OR SUBSIDIARY THERETO;(D) PERSONS WHO ARE OR HAVE BEEN EMPLOYEES OF ANY PUBLIC OR FORMERLY PUBLIC TRANSPORT UNDERTAKINGS IN THE REPUBLIC OF IRELAND AND ANY PUBLIC OR FORMERLY PUBLIC UNDERTAKINGS AUXILIARY OR SUBSIDIARY THERETO WHICH OPERATE OR HAVE OPERATED IN CONJUNCTION WITH ANY NATIONALISED OR FORMERLY NATIONALISED TRANSPORT UNDERTAKINGS IN THE UNITED KINGDOM OR WITH ANY NATIONALISED OR FORMERLY NATIONALISED UNDERTAKINGS AUXILIARY OR SUBSIDIARY THERETO; AND(E) PERSONS WHO ARE THE SPOUSE OR OTHER DEPENDENTS OF THE ABOVEMENTIONED CLASSES.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £39,047, which is significantly below the trustees' stated policy target of maintaining three to six months of expenditure. Despite a net outflow of funds before investment gains, the charity remains a going concern supported by substantial investment assets and rental income.
What the accounts disclose
“The most significant income source for the Charity is from Investments and rent.”
“It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at e level equivalent to between three and six month's expenditure.” — page 6
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints handling
- Complaints policy and procedures
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- 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
Register events
- Received assets from another charity (21/03/2013)
Trustees
- Stephen Brookchair
- Barbara Jill Davenport
- CHRISTOPHER DONOVAN
- COLIN MILLS
- David Robert Crome
- Graham Paul Isom
- John Collins
- Luke Elliot Farley
- Mary O'Neil
- PETER CHRISTOPHER MOAKES
- PHIL O'HARE
- Rachel Stoneham
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £309k | £410k |
| 31/12/2024 | £316k | £584k |
| 31/12/2023 | £304k | £430k |
| 31/12/2022 | £303k | £292k |
| 31/12/2021 | £309k | £269k |
Common questions
Is The Railway Community Homes financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £39,047, which is significantly below the trustees' stated policy target of maintaining three to six months of expenditure. Despite a net outflow of funds before investment gains, the charity remains a going concern supported by substantial investment assets and rental income. Its FY2025 accounts were audited by bk plus Audit Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| MASONIC SAMARITAN FUND | 1 | £6.9m |
| THE VIRGIN MONEY FOUNDATION | 1 | £30k |
| THE GROCERS' CHARITY | 1 | £5k |
| THE HASLUCK CHARITABLE TRUST | 1 | £4k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. EDMUND,ALLESTREE | 1 | £2k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CAMBRIDGE ST. BARNABAS | 1 | £426 |
Charities like this
- THE RAILWAY MISSION
- SUTTON AND CHEAM ELDERLY PEOPLE'S HOUSING ASSOCIATION
- THE ROYAL MASONIC BENEVOLENT INSTITUTION CARE COMPANY
- THE PONTYPOOL AND BLAENAVON RAILWAY COMPANY (1983) LIMITED
- RAILWAY PATHS LIMITED
- CHINNOR AND PRINCES RISBOROUGH RAILWAY ASSOCIATION LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| The Railway Community Homes | £309k | — | 0 | unclear | — | no doubt |
| THE RAILWAY MISSION | £635k | — | 0 | above | — | no doubt |
| SUTTON AND CHEAM ELDERLY PEOPLE'S HOUSING ASSOCIATION | £1.5m | — | 0 | above | — | no doubt |
| THE ROYAL MASONIC BENEVOLENT INSTITUTION CARE COMPANY | £64.6m | — | — | unclear | — | no doubt |
| THE PONTYPOOL AND BLAENAVON RAILWAY COMPANY (1983) LIMITED | £234k | — | 0 | unclear | — | no doubt |
| RAILWAY PATHS LIMITED | £1.1m | £60,001 - £70,000 | 3 | unclear | — | no doubt |