THE GCR 567 LOCOMOTIVE GROUP
To build a brand new 1890s Victorian Mainline Express Locomotive, GCR 567, to haul vintage carriages on the preserved railways of Britain to recreate the sights, sounds and smells of Victorian Express travel.The group shall aquire technical data, generate drawings, refurbish donor parts, manufacture components, construct and commission the locomotive whilst explaining the history and engineering
Financial health, per its FY2025 accounts
The accounts state that the charity reported total receipts of £29,943 against expenditure of £68,231, resulting in a planned reduction of unrestricted reserves from £97,224 to £58,936. The trustees confirm the group remains in a strong funding position with reserves significantly greater than its stated policy target of retaining £1,000 plus funds for procurement commitments.
What the accounts disclose
“The group will ensure that £1,000 is retained in the current account at any time in reserves to allow the group to function. The group shall also retain funds to cover any procurement commitments” — page 6
Trustees
- ANDREW HORROCKS-TAYLOR C-ENGchair
- Owen Phillip Emmanuel O'Connor
- Simon Burton
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £30k | £68k |
| 31/07/2024 | £17k | £10k |
| 31/07/2023 | £17k | £8k |
| 31/07/2022 | £13k | £1k |
| 31/07/2021 | £29k | £32k |
Common questions
Is THE GCR 567 LOCOMOTIVE GROUP financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported total receipts of £29,943 against expenditure of £68,231, resulting in a planned reduction of unrestricted reserves from £97,224 to £58,936. The trustees confirm the group remains in a strong funding position with reserves significantly greater than its stated policy target of retaining £1,000 plus funds for procurement commitments.