LNWR GEORGE THE FIFTH STEAM LOCOMOTIVE TRUST
Construction of full size steam locomotive 'Prince George' for use on both the main rail nrtwork of the UK and heritage railways A heritage and education project.
Objects
(A) TO BUILD, PRESERVE, OPERATE, MAINTAIN AND EXHIBIT FOR EDUCATIONAL AND INSTRUCTIONAL PURPOSES LOCOMOTIVES OF HISTORIC OR SCIENTIFIC IMPORTANCE BUILT BY, ACQUIRED BY OR LEASED OR OTHERWISE MADE AVAILABLE TO THE CHARITY AND IN PARTICULAR A LONDON AND NORTHWESTERN RAILWAY 'GEORGE THE FIFTH' CLASS EXPRESS PASSENGER LOCOMOTIVE.(B) TO USE THE CHARITY'S PROPERTY TO PROMOTE PUBLIC KNOWLEDGE, APPRECIATION AND UNDERSTANDING OF THE HISTORICAL, EDUCATIONAL, SCIENTIFIC AND CULTURAL ASPECTS OF THE CHARITY'S PROPERTY, WITH PARTICULAR REGARD TO ITS HISTORICAL SIGNIFICANCE, FOR THE BENEFIT OF THE PUBLIC.
Financial health, per its FY2026 accounts
The accounts state that the charity's financial position remains secure with unrestricted funds of £61,080.53 held in cash at the end of the financial year. The trustees note that regular income from donors comfortably covers ongoing costs, although some funds are committed to asset construction.
What the accounts disclose
“It is therefore our ongoing plan to hold reasonable reserves for emergencies and to maintain the charitable fund in credit at all times.”
Policies the charity declares
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Risk management
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Corporate structure
- Registered company of the charity Companies House 07898301
- Equity: £197k
Company officers (Companies House)
- BUCKLES, Derek Thomas on trustee list
- HUNT, Nigel Thomas
- MCMENAMIN, James Terence
Trustees
- DEREK BUCKLES
- David Costello
- James Terence McMenamin
- Nigel Thomas Hunt
- Timothy James Spiers
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/01/2026 | £94k | £64k |
| 31/01/2025 | £47k | £21k |
| 31/01/2024 | £28k | £46k |
| 31/01/2023 | £10k | £5k |
| 31/01/2022 | £11k | £12k |
Common questions
Is LNWR GEORGE THE FIFTH STEAM LOCOMOTIVE TRUST financially healthy?
Per its FY2026 accounts: The accounts state that the charity's financial position remains secure with unrestricted funds of £61,080.53 held in cash at the end of the financial year. The trustees note that regular income from donors comfortably covers ongoing costs, although some funds are committed to asset construction. Its FY2026 accounts were independently examined.