PHYLLIS RAMPTON NARROW GAUGE RAILWAY TRUST
Financial health, per its FY2022 accounts
The accounts state that the charity reported a significant net income of £9,995,391 for the year ended 31 December 2022, driven primarily by donations and legacies totaling over £10 million. Total unrestricted funds increased to £20,593,705, while the charity maintains a reserves policy to keep restricted funds at a level sufficient to cover management and administration costs. The trustees confirmed adequate resources for the foreseeable future with no material uncertainties regarding going concern.
What the accounts disclose
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- MR N ACOMBchair
- Llyr ap Iolo
- MR S LANGER
- Simon Paul Moriarty
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £2.3m | £2.0m |
| 31/12/2023 | £4.5m | £1.9m |
| 31/12/2022 | £11.4m | £1.5m |
| 31/12/2021 | £2.0m | £885k |
| 31/12/2020 | £429k | £488k |
Common questions
Is PHYLLIS RAMPTON NARROW GAUGE RAILWAY TRUST financially healthy?
The accounts state that the charity reported a significant net income of £9,995,391 for the year ended 31 December 2022, driven primarily by donations and legacies totaling over £10 million. Total unrestricted funds increased to £20,593,705, while the charity maintains a reserves policy to keep restricted funds at a level sufficient to cover management and administration costs. The trustees confirmed adequate resources for the foreseeable future with no material uncertainties regarding going concern. Its FY2022 accounts were audited by MMO Chartered Accountants.