THE PONTYPOOL AND BLAENAVON RAILWAY COMPANY (1983) LIMITED
The Railway Company exists to operate the heritage railway including restoration and maintenance of railway diesel and steam locomotives, railway carriages, railway wagons, buildings and infrastructure. This is for the benefit, pleasure and education of members and visitors to the railway.
Objects
TO ADVANCE THE EDUCATION OF THE PUBLIC IN THE HISTOR AND DEVELOPMENT OF RAILWAY LOCOMOTION BY THE RESTORING TO WORKING ORDER, OPERATING AND MAINTAINING THE HISTORIC RAILWAY LINE OR ANY PART OR PARTS THEREOF BETWEEN PONTYPOOLAND BLAENAVON IN THE COUNTY OF GWENT AND TO PRESERVE ANY BUILDINGS, STRUCTURES OR AMENITIES NECESSARY TO PROTECT AND PRESERVE THE CHARACTER AND AMENITIES OF THE SAID RAILLWAY LINE. (FOR FURTHER DETAILS SEE CLAUSE 3 OF THE MEMORANDUM)
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net expenditure of £9,528 for the year, resulting in a decrease in total unrestricted funds from £420,422 to £410,894. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. The charity's reserves policy targets sufficient unrestricted funds to cover three months of anticipated expenditure.
What the accounts disclose
“The objective is that unrestricted funds not committed or invested in tangible assets held by the charity should be sufficient to cover anticipated expenditure on a rolling three month period.”
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
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee expenses policy and procedures
Property (HM Land Registry)
Register events
- Received assets from another charity (14/04/2016)
Trustees
- ALEX SPENCER GOURLAY
- Christopher Barnes
- Gareth Ravenhill
- MR ALEX HINSHELWOOD
- Michael Annenberg
- Robert Potts
- Shakira Mahabir
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £234k | £243k |
| 31/12/2023 | £242k | £268k |
| 31/12/2022 | £216k | £212k |
| 31/12/2021 | £272k | £190k |
| 31/12/2020 | £72k | £126k |
Common questions
Is THE PONTYPOOL AND BLAENAVON RAILWAY COMPANY (1983) LIMITED financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net expenditure of £9,528 for the year, resulting in a decrease in total unrestricted funds from £420,422 to £410,894. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. The charity's reserves policy targets sufficient unrestricted funds to cover three months of anticipated expenditure. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE MICHAEL MARSH CHARITABLE TRUST | 1 | £5k |
| GOWLING WLG (UK) CHARITABLE TRUST | 1 | £2k |
Charities like this
- CHINNOR AND PRINCES RISBOROUGH RAILWAY ASSOCIATION LIMITED
- CYMDEITHAS RHEILFFORDD ERYRI
- WELSHPOOL AND LLANFAIR LIGHT RAILWAY PRESERVATION CO. LIMITED
- THE BLUEBELL RAILWAY TRUST
- OSWESTRY STATION BUILDING TRUST LIMITED
- VINTAGE TRAINS CHARITABLE TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE PONTYPOOL AND BLAENAVON RAILWAY COMPANY (1983) LIMITED | £234k | — | 0 | unclear | — | no doubt |
| CHINNOR AND PRINCES RISBOROUGH RAILWAY ASSOCIATION LIMITED | £200k | — | 0 | above | — | no doubt |
| CYMDEITHAS RHEILFFORDD ERYRI | £147k | — | 0 | above | — | no doubt |
| WELSHPOOL AND LLANFAIR LIGHT RAILWAY PRESERVATION CO. LIMITED | £1.2m | — | 0 | above | — | no doubt |
| THE BLUEBELL RAILWAY TRUST | £1.5m | — | 0 | unclear | — | no doubt |
| OSWESTRY STATION BUILDING TRUST LIMITED | £337k | — | 0 | above | — | no doubt |