Charity Accounts Intelreading the accounts so you don’t have to

NATIONAL TRACTION ENGINE TRUST

Registered charity 291578 · accounts filings on the Charity Commission register

To encourage and promote public interest in the preservation of historical steam powered road vehicles, fairground and agricultural equipment and to promote safe operation, maintenance, repair and exhibition of such equipment by organising training programmes, publication of books and codes of practice and by supporting skills development programmes for youngsters and adults.

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

Latest income
£105k
Latest spending
£112k
Registered
1985
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that unrestricted funds totalled £220,493, which is above the stated reserves policy target of three to six months of expenditure. The charity reported a net deficit of £7,326 for the year, primarily driven by restricted fund spending, while unrestricted activities generated a surplus.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Subscriptions (43% of income)
“The principal funding source of the Trust is subscriptions paid by members which amounted to £50,690” — page 3
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: three to six months of resources expended (held: £220k)
“the unrestricted funds not committed or invested in tangible fixed assets (the free reserves) held by the charity should be between 3 and 6 months of resources expended.” — page 3
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

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

Trustees · trustee networks

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

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/03/2025£105k£112k
31/03/2024£234k£96k
31/03/2023£139k£94k
31/03/2022£66k£56k
31/03/2021£62k£57k

Common questions

Is NATIONAL TRACTION ENGINE TRUST financially healthy?

Per its FY2025 accounts: The accounts state that unrestricted funds totalled £220,493, which is above the stated reserves policy target of three to six months of expenditure. The charity reported a net deficit of £7,326 for the year, primarily driven by restricted fund spending, while unrestricted activities generated a surplus. Its FY2025 accounts were independently examined.

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.

FunderSimilar charities fundedAmount to them
THE ARMIGER FOUNDATION1£186k
THE MICHAEL MARSH CHARITABLE TRUST1£5k
GOWLING WLG (UK) CHARITABLE TRUST1£500

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with VINTAGE TRAINS CHARITABLE TRUST.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
NATIONAL TRACTION ENGINE TRUST£105k—0above—no doubt
VINTAGE TRAINS CHARITABLE TRUST FY2025£3.6m——below—no doubt
THE A1 STEAM LOCOMOTIVE TRUST FY2025£1.2m—0unclear—no doubt
FEDERATION SKILLS TRUST FY2024£175k—0unclear—no doubt
BRITISH MOTOR SPORTS TRAINING TRUST FY2025£122k—0unclear—no doubt
CHINNOR AND PRINCES RISBOROUGH RAILWAY ASSOCIATION LIMITED FY2025£200k—0above—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.