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EAST SOMERSET RAILWAY CO LTD

Registered charity 271589 · accounts filings on the Charity Commission register

Preservation and operation of a heritage steam railway.

Causes: Education/training · Environment/conservation/heritage · website · Get email alerts

Latest income
£570k
Latest spending
£517k
Registered
1976
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that unrestricted reserves stood at £151,771, a decrease from £184,436 in the prior year, while total net assets increased to £760,337. The trustees report that sufficient funds have been generated from operations to support improvements and confirm the charity is a going concern with adequate resources for the foreseeable future.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Related-party transaction: Facilities costs recharged to subsidiary
“Facilities costs recharged of £25,872 (2023:£24,702) were payable by Cranmore Railway Company in the year. At year end, £42,682 (2023:£24,317) was due from subsidiary Cranmore Railway Company.” — page 24
“Trustee S Masters is an employee of the Dartmouth Steam Railway and Riverboat Company. During the year £1,073 (2023:£nil) was received from Dartmouth Steam Railway and Riverboat Company for services, which was invoiced under normal market conditions.” — page 24
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Payment to trustee-connected entity
“Facilities costs recharged of £25,872 (2023:£24,702) were payable by Cranmore Railway Company in the year. At year end, £42,682 (2023:£24,317) was due from subsidiary Cranmore Railway Company.” — page 24
“Trustee S Masters is an employee of the Dartmouth Steam Railway and Riverboat Company. During the year £1,073 (2023:£nil) was received from Dartmouth Steam Railway and Riverboat Company for services, which was invoiced under normal market conditions.” — page 24
Per its FY2024 accounts as filed with the Charity Commission.
Trading subsidiary: Cranmore Railway Company Limited
“The wholly owned subsidiary compary, Cranmore Railway Company Limited, operates a retail shop and a restaurant. It also runs a carriage overhaul and repair business, Cranmore Train Maintenance Services.” — page 4
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Public profiles (found on the charity’s own website): facebook

Structured financials (annual return, FY ending 31/12/2024)

Total income
£611k
Total spending
£517k
Cost of raising funds
£24k
Reserves (reported)
£172k
Employees
5

Reported reserves equal ~4.0 months of spending — below the median for charities its size (median 5.2 months; benchmarks).

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Somerset

Income and spending

Financial year endIncomeSpending
31/12/2024£570k£517k
31/12/2023£628k£537k
31/12/2022£481k£525k
31/12/2021£551k£392k
31/12/2020£323k£322k

Common questions

Is EAST SOMERSET RAILWAY CO LTD financially healthy?

Per its FY2024 accounts: The accounts state that unrestricted reserves stood at £151,771, a decrease from £184,436 in the prior year, while total net assets increased to £760,337. The trustees report that sufficient funds have been generated from operations to support improvements and confirm the charity is a going concern with adequate resources for the foreseeable future. Its FY2024 accounts were independently examined.

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
The National Lottery Heritage Fund07/08/2019£59k"Cranmore Station Dementia Friendly Heritage Project"
The National Lottery Heritage Fund10/01/2018£47k"Cranmore Station Heritage Project"