NENE VALLEY RAILWAY
Registered charity 263617 · accounts filings on the Charity Commission register · also known as NENE VALLEY RAILWAY LIMITED, NVR
The charity promotes the permanent preservation of lines, locomotives, rolling stock, buildings and equipment of railway interest of actual or potential historic or scientific importance and educational value. These items to be exhibited to members of the public and, where possible, operated to demonstrate the working and operation of railways in general and some aspects in particular.
Causes: Education/training · Arts/culture/heritage/science · Environment/conservation/heritage · website · Get email alerts
Financial health, per its FY2025 accounts
The accounts state that the charity achieved a net surplus of £232,901 for the year ended 31 January 2025, a significant improvement from the previous year's deficit. The trustees report that the charity has been less reliant on reserves and banking facilities, having restored some reserves, although they note the economic outlook remains challenging. Per the trustees' report, the charity continues to aim for sustained surplus through firm cost control and increased revenue generation.
Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.
What the accounts disclose
Reserves policy: unclear (held: £1.9m)
“A public appeal was launched to raise funds to keep NVR running. A total of £300,000 was targeted in order to rebuild the reserves of the railway and to ensure that we would be in a position to cope with any major infrastructure or rolling stock failures.” — page 7
Per its FY2025 accounts as filed with the Charity Commission.
Payments to trustees: One trustee, A Galtress, received gross remuneration of £390.75 for temporary employment unrelated to their trustee role.
“One trustee, A Galtress, was temporarily employed by the charity during the year in a staff capacity, unrelated to their role as a trustee. The trustee received gross remuneration of £390.75 for their work, which was carried out under a formal employment contract.” — page 33
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Expenses paid to Roythornes Limited, a company in which a trustee is a partner and shareholder.
“During the year, expenses totalling £Nil (2024: £600) were paid to Roythornes Limited, a company in which a trustee of the charity is a partner and shareholder.” — page 46
“During the year, expenses totalling £Nil (2024: £13,543) were paid to a business wholly owned by a trustee of the charity for services and repairs. The transactions were undertaken at market value rates following a tender process.” — page 46
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Expenses paid to a business wholly owned by a trustee for services and repairs.
“During the year, expenses totalling £Nil (2024: £600) were paid to Roythornes Limited, a company in which a trustee of the charity is a partner and shareholder.” — page 46
“During the year, expenses totalling £Nil (2024: £13,543) were paid to a business wholly owned by a trustee of the charity for services and repairs. The transactions were undertaken at market value rates following a tender process.” — page 46
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Trustees purchased tickets, memberships or cafe items from the charity at standard public pricing.
“During the year, expenses totalling £Nil (2024: £600) were paid to Roythornes Limited, a company in which a trustee of the charity is a partner and shareholder.” — page 46
“During the year, expenses totalling £Nil (2024: £13,543) were paid to a business wholly owned by a trustee of the charity for services and repairs. The transactions were undertaken at market value rates following a tender process.” — page 46
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Nene Valley Railway Enterprises Limited
“The company has a wholly owned subsidiary Nene Valley Railway Enterprises Limited which is not a charity and has its own board and accounts.” — page 9
Per its FY2025 accounts as filed with the Charity Commission.
Accounts audited by Price Bailey LLP. Discloses 5 of 6 completeness components.
Property (HM Land Registry)
15 registered titles in England and Wales held by the charity’s company or corporate body (12 freehold); recorded price paid £50k. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.
Structured financials (annual return, FY ending 31/01/2025)
Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).
Per its annual return, largest income source: Charitable activities (79% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.
Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (5.2%) (benchmarks).
Trustee list from the Charity Commission register (current, not historical).
Operates in: Cambridgeshire
Income and spending
Common questions
Is NENE VALLEY RAILWAY financially healthy?
Per its FY2025 accounts: The accounts state that the charity achieved a net surplus of £232,901 for the year ended 31 January 2025, a significant improvement from the previous year's deficit. The trustees report that the charity has been less reliant on reserves and banking facilities, having restored some reserves, although they note the economic outlook remains challenging. Per the trustees' report, the charity continues to aim for sustained surplus through firm cost control and increased revenue generation. Its FY2025 accounts were audited by Price Bailey LLP.
Who funds NENE VALLEY RAILWAY?
Funders whose own accounts filings name NENE VALLEY RAILWAY as a grant recipient include GRANTSCAPE, THE EARL FITZWILLIAM CHARITABLE TRUST.
Known funders
Grants to this charity found in funders’ own accounts filings.
Government & lottery funding
Grants to this charity published as open data by government and lottery funders (360Giving).
Funders of similar charities
Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.
Charities like this
Semantically similar by activities and financial character, from our analysed corpus. Compare with CHINNOR AND PRINCES RISBOROUGH RAILWAY ASSOCIATION LIMITED.
Side by side with its peers
Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.