READING SOCIETY OF MODEL ENGINEERS
The charity provides facilities including a clubhouse and workshop for individuals with an interest in transport, model engineering and and model making to meet socially and share their interests. Also meet to work on maintaining the charity's facilities.We also encorage aged young people 12-16, to learn basic engineering, and train them to help operate the 'Prospect Park Railway'
Financial health, per its FY2025 accounts
The charity reports unrestricted funds of £48,427 against a reserves policy target of £10,000–£15,000, indicating reserves are significantly above the stated policy. The accounts state there were no liabilities outstanding as of 31 March 2025, and the independent examiner reported no material issues with the accounts.
What the accounts disclose
“The Trustees, as part of their Reserves Policy, have agreed to aim to hold at between £10,000 and £15,000 in reserves at the year end.” — page 14
Trustees
- John Billardchair
- Daniel Sebastian Stephen Rees
- Donald George Pickett
- JAMES BROWN
- MIKE CHALMERS
- NIGEL AUBREY PENFORD
- PETER MICHAEL CULHAM
- STUART KIDD
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £30k | £26k |
| 31/03/2024 | £33k | £27k |
| 31/03/2023 | £28k | £24k |
| 31/03/2022 | £18k | £15k |
| 31/03/2021 | £11k | £20k |
Common questions
Is READING SOCIETY OF MODEL ENGINEERS financially healthy?
Per its FY2025 accounts: The charity reports unrestricted funds of £48,427 against a reserves policy target of £10,000–£15,000, indicating reserves are significantly above the stated policy. The accounts state there were no liabilities outstanding as of 31 March 2025, and the independent examiner reported no material issues with the accounts. Its FY2025 accounts were independently examined.