THE SETTLE AND CARLISLE RAILWAY TRUST

Registered charity 702724 · accounts filings on the Charity Commission register

(1) Restoration and preservation of historic buildings and structures on railway lines - Carlisle/Settle/Leeds and Bradford/Blackburn/Hellifield. (2) Education re above.

Objects

(A) THE PRESERVATION, RESTORATION, MAINTENANCE AND PROTECTION OF SUCH OF THE STRUCTURES, BUILDINGS, PLANT AND EQUIPMENT, ON OR ADJACENT TO OR CONNECTED WITH THE LINES AS ARE OF HISTORIC, CULTURAL, ARCHITECTURAL CONSTRUCTIONAL OR SCIENTIFIC INTEREST OR EXHIBIT CRAFTSMANSHIP WORTHY OF PRESERVATION. (B) THE PROMOTION OF PUBLIC ACCESS TO THE STRUCTURES AND PLANT AND PUBLIC KNOWLEDGE, APPRECIATION AND UNDERSTANDING OF THE ARCHITECTURAL CONSTRUCTIONAL SCIENTIFIC AND CRAFTS FEATURES THEROEF (C) THE PROMOTION OF PUBLIC KNOWLEDGE, APPRECIATION AND UNDERSTANDING OF THE HISTORICAL AND CULTURAL ASPECTS OF THE LINES AND THE AREA THROUGH WHICH THEY RUN; (D) SUCH OTHER CHARITABLE PURPOSES FOR THE ADVANCEMENT OF EDUCATION ASSOCIATED WITH THE LINES AND THE SURROUNDING AREA AS THE TRUSTEES SHALL THINK FIT.

Area of benefit: NOT DEFINED

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Education/training · Environment/conservation/heritage · Get email alerts

Latest income
£77k
Latest spending
£66k
Registered
1990
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that unrestricted free reserves amounted to £169,387 as at 31 December 2024, with total funds carried forward of £182,280. The trustees report that net expenditure of £62,868 was incurred, which was in line with expectations. Per the trustees' report, they have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Grants (41% of income)
“During the year the Trust has received income of £12,920 from donations, £11,180 from legacies and £52,868 of grants relating to the conversion at Horton In Ribblesdale Station.”
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: an appropriate level of free reserves should be maintained (held: £169k)
“The review concluded that to allow the Trust to be managed efficiently and to provide a buffer for uninterrupted services, an appropriate level of free reserves should be maintained.”
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Loan to subsidiary
“Expenditure on charitable activities amounts to £56,435 with an additional £10,000 being paid out as a loan to Settle & Carlisle Railway Properties Company Ltd”
“The cost of purchasing indemnity insurance has been paid by the subsidiary company.”
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Indemnity insurance paid by subsidiary
“Expenditure on charitable activities amounts to £56,435 with an additional £10,000 being paid out as a loan to Settle & Carlisle Railway Properties Company Ltd”
“The cost of purchasing indemnity insurance has been paid by the subsidiary company.”
Per its FY2024 accounts as filed with the Charity Commission.
Trading subsidiary: Settle & Carlisle Railway Properties Limited
“The Trust has a subsidiary undertaking, Settle & Carlisle Railway Properties Limited, whose principal activity is to acquire and hold properties at the request of and for the purposes of the Trust.”
Per its FY2024 accounts as filed with the Charity Commission.

Discloses 3 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Bradford City · Cumbria · Kirklees · Lancashire · Leeds City · North Yorkshire

Income and spending

Financial year endIncomeSpending
31/12/2024£77k£66k
31/12/2023£36k£84k
31/12/2022£3k£8k
31/12/2021£174k£19k
31/12/2020£2k£60k

Common questions

Is THE SETTLE AND CARLISLE RAILWAY TRUST financially healthy?

Per its FY2024 accounts: The accounts state that unrestricted free reserves amounted to £169,387 as at 31 December 2024, with total funds carried forward of £182,280. The trustees report that net expenditure of £62,868 was incurred, which was in line with expectations. Per the trustees' report, they have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future.