RAVENGLASS RAILWAY MUSEUM TRUST
Museum Operation & Other Charitable Purposes
Objects
The income of the Trust Fund shall be applied in such manner as the Trustees in their absolute discretion from time to time think fit for the following purposes for the educational benefit of students researchers and the public namely:-(a) The foundation and maintenance of a Railway Museum at Ravenglass(b) The conservation and control of flora and fauna in Ravenglass and Eskdale and their neighbourhood(c) The advancement of educationIn furtherance of the above objects but not otherwise the power:To arrange lectures, exhibitions, shows and similar functionsTo print publish and make available to the public by sale or otherwise of literature reproductions photographs and the likeTo make grants of money for the provisions of scholarships for study and research
Financial health, per its FY2025 accounts
The accounts state that the Trust achieved an unrestricted operating surplus of £4,849 for the year, driven by increased income from Pullman camping coaches. Unrestricted reserves stood at £43,769, with free reserves of £15,069, which the Trustees note are below their stated policy target of one year's operating costs (approximately £30,000).
What the accounts disclose
“Income from Pullman Coaches 2 17,191 - - 17,191 13,814” — page 5
“Unrestricted reserves at 31 December 2025 amounted to £43,769 and, of those, free reserves were £15,069. The Trustees have agreed that the Trust needs to hold unrestricted free reserves of at least one year’s operating costs which amount to approximately £30,000”
“The Ravenglass & Eskdale Railway Company owns the freehold of the land on which the Museum stands and part of the building. The Trust pays a rent of £3500 pa to the Company.” — page 11
“Two Trustees made purchases on behalf of the Trust totalling £331 for which they were reimbursed (2024: £405).” — page 11
“The Ravenglass & Eskdale Railway Company owns the freehold of the land on which the Museum stands and part of the building. The Trust pays a rent of £3500 pa to the Company.” — page 11
“Two Trustees made purchases on behalf of the Trust totalling £331 for which they were reimbursed (2024: £405).” — page 11
“The Ravenglass & Eskdale Railway Company owns the freehold of the land on which the Museum stands and part of the building. The Trust pays a rent of £3500 pa to the Company.” — page 11
“Two Trustees made purchases on behalf of the Trust totalling £331 for which they were reimbursed (2024: £405).” — page 11
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Volunteer management
Funders the charity credits
- Heritage Lottery Fund
Trustees
- PETER RICHARD WAVELL HENSMANchair
- David Jonathan Rounce
- David Simpson
- Dr Robert George Peter Tebb
- Georgina Townsend
- Jacqueline Ann Pharaoh
- Matthew David Ellis
- Peter van Zeller
- STUART HARRISON
- Trevor Stockton
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £41k | £55k |
| 31/12/2024 | £37k | £37k |
| 31/12/2023 | £33k | £66k |
| 31/12/2022 | £39k | £61k |
| 31/12/2021 | £80k | £94k |
Common questions
Is RAVENGLASS RAILWAY MUSEUM TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the Trust achieved an unrestricted operating surplus of £4,849 for the year, driven by increased income from Pullman camping coaches. Unrestricted reserves stood at £43,769, with free reserves of £15,069, which the Trustees note are below their stated policy target of one year's operating costs (approximately £30,000). Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 28/11/2019 | £250k | "Restoration of historic Pullman Camping Coaches to create accredited holiday accommodation" |
| The National Lottery Heritage Fund | 17/06/2014 | £496k | "Museum Renovation, Extension and Volunteer and Events programme" |