GREAT WESTERN SOCIETY LIMITED
1) To preserve, restore and operate as a permanent public exhibition and museum, steam and other railway locomotives, rolling stock and equipment, both for historical and educational purposes, and2) To make available for public reference the history, equipment and operation all with reference to both the former Great Western Railway and its successors since nationalisation on 1 January 1948
Financial health, per its FY2025 accounts
The accounts state that unrestricted funds increased to £3,912,379, with free reserves of £276,442 meeting the policy target of three to six months' expenditure. The charity received a significant seven-figure legacy, resulting in a large surplus, though the Directors note that future multi-million pound projects require diligent financial management.
What the accounts disclose
“This compares with actual three to six months expenditure of approximately £300,000 based on the current year’s expenditure.”
Corporate structure
- Registered company of the charity Companies House 00899248
Company officers (Companies House)
- FISHER, Hayley on trustee list
- HERON, Robert Jeremy on trustee list
- PLANT, John on trustee list
- CROUCH, John Bertram on trustee list
- KHAN, Mokbul on trustee list
- DONALDSON, Laura Suzanne on trustee list
- VARLEY, Richard John on trustee list
- MIDDLETON, Marita Ann
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/01/2025)
Register events
- Received assets from another charity (03/08/2026)
Trustees
- Richard John Varleychair
- Hayley Fisher
- John Bertram Crouch
- John Plant
- Laura Suzanne Donaldson
- Marita Ann Middleton
- Mokbul Khan
- RICHARD ALAN PRESTON
- Robert Heron
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/01/2025 | £3.9m | £2.1m |
| 31/01/2024 | £2.2m | £1.8m |
| 31/01/2023 | £1.7m | £2.4m |
| 31/01/2022 | £1.5m | £1.5m |
| 31/01/2021 | £1.3m | £1.4m |
Common questions
Is GREAT WESTERN SOCIETY LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted funds increased to £3,912,379, with free reserves of £276,442 meeting the policy target of three to six months' expenditure. The charity received a significant seven-figure legacy, resulting in a large surplus, though the Directors note that future multi-million pound projects require diligent financial management. Its FY2025 accounts were audited by Wellers.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 11/03/2025 | £245k | "Didcot's Historic Engine Shed" |
| The National Lottery Heritage Fund | 08/06/2022 | £6k | "An Introduction to Engineering - Reading GirlsÂ’ School STEM Project" |
| The National Lottery Heritage Fund | 26/05/2020 | £17k | "COVID19 Great Western Society" |
| The National Lottery Heritage Fund | 17/07/2017 | £9k | "Rails on the Western Front" |
| The National Lottery Heritage Fund | 14/06/2007 | £1.1m | "GWR Steam Railmotor & Auto Trailer Restoration" |
| The National Lottery Community Fund | 22/04/2005 | £1k | Education centre project - Science and Engineering |
| The National Lottery Heritage Fund | 22/04/2005 | £1k | "The Club Will Expand Its Selection Of Hands On Educational Equipment By Providing Three Model Bridges. The Bridges Will Be Used To Demonstra" |
| The National Lottery Heritage Fund | 03/09/2003 | £710 | "This Charity Operates A Public Exhibition And Museum For Historical Education Of Steam And Other Railway Locomotives, With Particular Refere" |
| The National Lottery Heritage Fund | 27/06/2002 | £1k | "This Charity Operates A Public Exhibition And Museum For Historical Education Of Steam And Other Railway Locomotives With Particular Referen" |
| The National Lottery Heritage Fund | 15/03/2000 | £37k | "Steam Locomotive Pendennis Castle" |
Charities like this
- THE GREAT WESTERN TRUST
- WESTERN LOCOMOTIVE ASSOCIATION LIMITED
- CHINNOR AND PRINCES RISBOROUGH RAILWAY ASSOCIATION LIMITED
- WELSHPOOL AND LLANFAIR LIGHT RAILWAY PRESERVATION CO. LIMITED
- GLOUCESTERSHIRE WARWICKSHIRE RAILWAY TRUST
- WEST SOMERSET RAILWAY HERITAGE TRUST LTD
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| GREAT WESTERN SOCIETY LIMITED | £3.9m | — | 0 | below | — | no doubt |
| THE GREAT WESTERN TRUST | £413k | — | 0 | above | — | no doubt |
| WESTERN LOCOMOTIVE ASSOCIATION LIMITED | £191k | — | 0 | unclear | — | no doubt |
| CHINNOR AND PRINCES RISBOROUGH RAILWAY ASSOCIATION LIMITED | £200k | — | 0 | above | — | no doubt |
| WELSHPOOL AND LLANFAIR LIGHT RAILWAY PRESERVATION CO. LIMITED | £1.2m | — | 0 | above | — | no doubt |
| GLOUCESTERSHIRE WARWICKSHIRE RAILWAY TRUST | £733k | — | 0 | unclear | — | no doubt |