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.
Objects
The Objects are: to advance education/learning; encourage and promote public interest in; and promote the preservation of steam and other railway locomotives, rolling stock, railway machinery and equipment of historical interest including (but not exclusively) by:1.1 the restoration, preservation and operation of heritage locomotives, rolling stock, and other items of railway infrastructure;1.2 the establishment and maintenance of a museum; and1.3 the provision of an education/learning programme for schools and the general public.
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
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Property (HM Land Registry)
Trustees
- KEITH ARTHUR WHITMOREchair
- Clifford Geoffrey Howell
- 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" |