THE NARROW GAUGE RAILWAY MUSEUM TRUST
THE ADVANCEMENT OF THE EDUCATION OF THE PUBLIC BY SECURING THE PRESERVATION,RESTORATION, IMPROVEMENT, MAINTENANCE, RECORDING AND OPERATION OF FEATURESAND OBJECTS OF INDUSTRIAL ENGINEERING, SCIENTIFIC, SOCIAL AND HISTORICAL INTERESTRELATING TO NARROW GAUGE RAILWAYS (BEING RAILWAYS HAVING A GAUGE BETWEEN THERAILS OF LESS THAN 1432 MILLIMETRES) INCLUDING THE PROVISION OF MUSEUMS ANDVISITOR
Financial health, per its FY2025 accounts
The accounts state that the charity holds substantial unrestricted reserves of £139,488.00, comprising £95,063.82 in general funds and £44,424.18 in designated insurance reserves. The trustees report that normal net receipts were in line with the previous year, reflecting an overall stable financial position despite a decline in railway passenger numbers.
What the accounts disclose
“The Trust occupies its premises on very beneficial terms from its landlord the Talyllyn Railway, and could face substantially higher costs if changing circumstances caused the Railway to alter its terms.” — page 7
Trustees
- CHARLES KEITH THEOBALDchair
- Dr John Dominic Olsen PhD
- Dr Robert Morgan
- Dr Shirley Atkinson SFHEA
- Frank Richard Nolan
- IAN PHILIP EVANS
- MALCOLM PHILLIPS
- MRFS XXX BD BSc
- William Apps
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/01/2025 | £141k | £2k |
| 31/01/2024 | £0 | £0 |
Common questions
Is THE NARROW GAUGE RAILWAY MUSEUM TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds substantial unrestricted reserves of £139,488.00, comprising £95,063.82 in general funds and £44,424.18 in designated insurance reserves. The trustees report that normal net receipts were in line with the previous year, reflecting an overall stable financial position despite a decline in railway passenger numbers. Its FY2025 accounts were independently examined.