DEAN FOREST RAILWAY SOCIETY

Registered charity 1183538 · accounts filings on the Charity Commission register · also known as DFR SOCIETY, DFRS

Latest income
£118k
Latest spending
£71k
Registered
2019
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that turnover decreased to £118,550 in 2024 from £131,740 in 2023, while expenditure increased to £71,343. Consequently, retained earnings reduced to £46,732, though the charity maintains a general reserve of £60,000 and reports no material uncertainties regarding its future operations.

What the accounts disclose

Reserves policy: £10,000 of unrestricted income per annum is set aside into a General Reserve fund (held: £60k)
A reserve policy was introduced in 2019 following the incorporation of the DFRS as a CIO; £10,000 of unrestricted income per annum is set aside into a General Reserve fund, which will be invested when appropriate to provide a long-term source of income through interest.
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: The charity works closely with Forest of Dean Railway Limited, a not-for-profit company which owns the Dean Forest Railway. The charity is a ‘Person with significant control’ within the company, as it owns over 25% of the issued shares.
The charity works closely with Forest of Dean Railway Limited, a not-for-profit company which owns the Dean Forest Railway. The charity is a ‘Person with significant control’ within the company, as it owns over 25% of the issued shares. We have a Memorandum of Understanding with the company which covers how we work together on delivering the Charity’s aims.
Per its FY2024 accounts as filed with the Charity Commission.
Trading subsidiary: Forest of Dean Railway Limited
The charity works closely with Forest of Dean Railway Limited, a not-for-profit company which owns the Dean Forest Railway. The charity is a ‘Person with significant control’ within the company, as it owns over 25% of the issued shares.
Per its FY2024 accounts as filed with the Charity Commission.

Public fundraising profile: JustGiving — Dean Forest Railway Society (matched by registered charity number).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Gloucestershire

Income and spending

Financial year endIncomeSpending
31/12/2024£118k£71k
31/12/2023£132k£63k
31/12/2022£164k£68k
31/12/2021£139k£88k
31/12/2020£136k£46k

Common questions

Is DEAN FOREST RAILWAY SOCIETY financially healthy?

The accounts state that turnover decreased to £118,550 in 2024 from £131,740 in 2023, while expenditure increased to £71,343. Consequently, retained earnings reduced to £46,732, though the charity maintains a general reserve of £60,000 and reports no material uncertainties regarding its future operations.

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