THE NORTHERN MILL ENGINE SOCIETY LIMITED
Primarily to encourage interest in Industrial Heritage, particularly the stationary steam engine as widely used in the textile industry throughout the north of England. The Society has developed a museum at the Bolton Steam Museum where its collection of some 29 steam engines can be seen working in steam by the public on regular Open Days.
Financial health, per its FY2025 accounts
The accounts state that the charity held unrestricted reserves of £153,078 at year-end, which exceeds its stated prudent target of covering one year's normal running costs of £25,000. Per the trustees' report, the charity generated a surplus of £18,374 and has no employees, relying entirely on volunteers to operate the museum.
What the accounts disclose
“The trustees consider it prudent to hold reserves to cover a years normal running costs of £25,000 together with a reserve to enable future development of its museum and the possible purchase of heritage assets as they may arise.” — page 4
Property (HM Land Registry)
Trustees
- NEIL CARNEYchair
- Alan Ratcliffe
- DENNIS VICTOR RAFFE
- JOHN LEIFER
- JOHN PHILLP
- Mark Bray
- Steven Dimuantes
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £37k | £19k |
| 31/12/2024 | £36k | £24k |
| 31/12/2023 | £30k | £23k |
| 31/12/2022 | £27k | £15k |
| 31/12/2021 | £16k | £12k |
Common questions
Is THE NORTHERN MILL ENGINE SOCIETY LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity held unrestricted reserves of £153,078 at year-end, which exceeds its stated prudent target of covering one year's normal running costs of £25,000. Per the trustees' report, the charity generated a surplus of £18,374 and has no employees, relying entirely on volunteers to operate the museum. Its FY2025 accounts were independently examined.