THE BAHAMAS LOCOMOTIVE SOCIETY LIMITED
The Society operates the Ingrow Loco museum and maintains and operates its collection of steam locomotives and other railway related artefacts.
Financial health, per its FY2024 accounts
The accounts state that unrestricted funds amounted to £551,051, with free reserves of £470,414, which the trustees consider adequate. The charity reported a net movement in funds of £344,364 for the year, resulting in total fund balances of £1,091,831. The independent examiner confirmed that no matters came to their attention requiring further disclosure.
What the accounts disclose
Property (HM Land Registry)
Trustees
- KEITH ARTHUR WHITMOREchair
- David James Guest
- FRANCIS PATRICK GALVIN
- GARRY HOWARD
- GEORGE CHARLES BOWLER
- JON MARK WINDERBANK
- PETER WILLIAM SKELLON
- Peter William Smith
- STEPHEN CHRISTOPHER ALLSOP
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £396k | £69k |
| 31/12/2023 | £132k | £59k |
| 31/12/2022 | £74k | £50k |
| 31/12/2021 | £126k | £49k |
| 31/12/2020 | £91k | £45k |
Common questions
Is THE BAHAMAS LOCOMOTIVE SOCIETY LIMITED financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted funds amounted to £551,051, with free reserves of £470,414, which the trustees consider adequate. The charity reported a net movement in funds of £344,364 for the year, resulting in total fund balances of £1,091,831. The independent examiner confirmed that no matters came to their attention requiring further disclosure. Its FY2024 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 03/08/2020 | £62k | "COVID19: Bahamas Locomotive Society Ltd" |
| The National Lottery Heritage Fund | 26/09/2012 | £781k | "'Jubilee' class steam locomotive - 45596 Bahamas" |
| The National Lottery Heritage Fund | 08/06/2004 | £154k | "Steam Locomotive - LNWR 'Coal Tank' No 1054" |
| The National Lottery Heritage Fund | 13/08/1996 | £88k | "Ingrow Railway Museum" |