THE TERRIER TRUST CIO
Our activities are focused, but not exclusively, on keeping the two Terrier locomotives which we own or part-own in active service for the public benefit. The locomotives are based on the Kent & East Sussex Railway that operates public train services.
Financial health, per its FY2026 accounts
The accounts state that unrestricted reserves stood at £451,944, which exceeds the trustees' stated policy target of £50,000. The charity reported a net income increase driven by a significant legacy, while maintaining a positive cash balance across its bank and investment accounts.
What the accounts disclose
“All trustees are members of the Kent & East Sussex Railway Company Ltd (K&ESR). Matthew Hyner was and remains a trustee of the K&ESR and David Nibloe was a K&ESR trustee until 8th November 2025.” — page 3
Register events
- Received assets from another charity (01/08/2018)
Trustees
- THOMAS WILLIAM WHITEchair
- David John Nibloe
- Graham Edward Hukins
- Matthew John Hyner
- Patrick Adrian Favell
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/01/2026 | £40k | £4k |
| 31/01/2025 | £16k | £2k |
| 31/01/2024 | £6k | £10k |
| 31/01/2023 | £21k | £24k |
| 31/01/2022 | £20k | £13k |
Common questions
Is THE TERRIER TRUST CIO financially healthy?
Per its FY2026 accounts: The accounts state that unrestricted reserves stood at £451,944, which exceeds the trustees' stated policy target of £50,000. The charity reported a net income increase driven by a significant legacy, while maintaining a positive cash balance across its bank and investment accounts. Its FY2026 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 12/05/2021 | £33k | "The Terrier Poplar Education Project" |