THE SETTLE AND CARLISLE RAILWAY TRUST
(1) Restoration and preservation of historic buildings and structures on railway lines - Carlisle/Settle/Leeds and Bradford/Blackburn/Hellifield. (2) Education re above.
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.
What the accounts disclose
“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.”
“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.”
“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.”
“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.”
“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.”
Trustees
- ADRIAN QUINE
- Allison Cosgrove
- Christopher William Bray
- David Fletcher Sides
- Donald George Jary
- Dr Bryan Gray CBE DL
- John Ingham
- John Smith
- Jonathan Henry Tomlinson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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.