LANCASHIRE AND YORKSHIRE RAILWAY TRUST
Formed on 15 May 2014 to take over the work of an unincorporated charity of same name number 1002627, wound up from 14 October 2014 and all assets and liabilities transferred to the CIO.The CIO has continued to preserve, restore and maintain its locomotives and rolling stock for public operation and education, providing opportunities for learning and skills development for those involved.
Financial health, per its FY2025 accounts
The accounts state that the charity had incoming resources of £25,324.94 and resources expended of £5,349.83 for the period ended 31 March 2025. The trustees' report notes that an unexpected legacy was received from a long-term supporter. The document does not disclose specific unrestricted reserves figures or a formal reserves policy target amount.
What the accounts disclose
“The Statement of Financial Activity for the period ended 31 March 2025 shows incoming resources of £25324.94 and resources expended of £5349.83.” — page 1
“The reserves policy is to retain sufficient funds to meet the ongoing liabilities of the charity together with funds required to further the object of the charity.” — page 1
Register events
- Received assets from another charity (25/03/2015)
Trustees
- Daniel Winters
- ERIC GEORGE RING
- IAN GEORGE HOLT
- John Sagar
- Liam Barnes
- MR ROBIN HIGGINS
- Matthew Hainsworth
- PETER EASTHAM
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £25k | £5k |
| 31/03/2024 | £39k | £15k |
| 31/03/2023 | £35k | £33k |
| 31/03/2022 | £24k | £40k |
| 31/03/2021 | £15k | £20k |
Common questions
Is LANCASHIRE AND YORKSHIRE RAILWAY TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity had incoming resources of £25,324.94 and resources expended of £5,349.83 for the period ended 31 March 2025. The trustees' report notes that an unexpected legacy was received from a long-term supporter. The document does not disclose specific unrestricted reserves figures or a formal reserves policy target amount.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 13/08/1996 | £95k | "Steam Locomotive No 752 Restoration" |