THE CORRIS RAILWAY SOCIETY
Promoting public interest in the Corris Railway and the area it served through operation of the Corris Railway Museum, researching and publishing historical information on the railway and district, and supporting the revival of the railway.
Objects
The objects of the Society are to advance the education of the general public by encouraging and promoting the public interest of the former Corris Railway and in particular but without limitation to restore, maintain and operate the railway alongside collecting and exhibiting to the public (at a charge to be fixed from time to time by the charity trustees) all historical and educational relics connected with the Railway which the Society may be able to acquire, together with all other items of local interest; e.g. historical, industrial and natural items.
Financial health, per its FY2024 accounts
The accounts state that the charity is wholly run by volunteers with no paid employees, resulting in minimal governance costs and no pension liabilities. The trustees report adequate resources for the foreseeable future, maintaining a reserves policy target of one year's operating costs (£14,000) against a General Fund balance of £14,000. Total unrestricted and designated reserves stood at £269,358, significantly exceeding the stated policy target.
What the accounts disclose
“The Trustees have reviewed the Society's Reserves Policy, and resolved to retain the equivalent of one year's operating costs in the General Fund” — page 9
“The Society holds a controlling interest in the Corris Railway Company Limited and the Corris Tattoo Locomotive Company Limited. Both companies are non-profit distributing.” — page 8
“The Corris Railway Company Ltd, company registration number 1284837, operates as the Society's trading company.” — page 4
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Funders the charity credits
- Heritage Lottery Fund
Trustees
- Richard William Hamilton-Foynchair
- DAVID KEITH COLEMAN
- Graeme David Jolley
- Patrick Jonathon Jolley
- RICHARD STUART GREENHOUGH
- Richard Charles Shipman
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £166k | £902k |
| 31/12/2023 | £147k | £8k |
| 31/12/2022 | £257k | £7k |
| 31/12/2021 | £135k | £6k |
| 31/12/2020 | £105k | £7k |
Common questions
Is THE CORRIS RAILWAY SOCIETY financially healthy?
Per its FY2024 accounts: The accounts state that the charity is wholly run by volunteers with no paid employees, resulting in minimal governance costs and no pension liabilities. The trustees report adequate resources for the foreseeable future, maintaining a reserves policy target of one year's operating costs (£14,000) against a General Fund balance of £14,000. Total unrestricted and designated reserves stood at £269,358, significantly exceeding the stated policy target. Its FY2024 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 15/06/2012 | £27k | "ReRoofing of Maespoeth Sheds" |