THE HEAVY TRACTOR GROUP 37714
The preservation of a Class 37 diesel locomotive 37714 and Custodians of the National Railway Museums Class 37 D6700
Financial health, per its FY2025 accounts
The accounts state that total unrestricted funds increased to £70,033, up from £42,767 in the prior year, driven by a net income of £27,266. The trustees' report indicates a reserves policy aiming for £1,500 in the bank account after committed costs, a target significantly exceeded by the current reserves. The charity operates on a volunteer basis with no employees and maintains strong relationships with heritage railways and engineering partners.
What the accounts disclose
“The aim is for the bank account to always have £1500 in credit after allowing for any committed costs.” — page 4
“Other loans - A Gillett 3,600”
“Membership fees/donations received in the year from group members totalled £360” — page 13
“Other loans - A Gillett 3,600”
“Membership fees/donations received in the year from group members totalled £360” — page 13
Trustees
- Andy Gillett MBEchair
- John Michael Johnson
- Nigel Ernest Ball
- Rory Charles Capell
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/01/2025 | £101k | £73k |
| 30/01/2024 | £26k | £19k |
| 30/01/2023 | £19k | £23k |
| 30/01/2022 | £12k | £11k |
Common questions
Is THE HEAVY TRACTOR GROUP 37714 financially healthy?
Per its FY2025 accounts: The accounts state that total unrestricted funds increased to £70,033, up from £42,767 in the prior year, driven by a net income of £27,266. The trustees' report indicates a reserves policy aiming for £1,500 in the bank account after committed costs, a target significantly exceeded by the current reserves. The charity operates on a volunteer basis with no employees and maintains strong relationships with heritage railways and engineering partners. Its FY2025 accounts were independently examined.