Ferryhill Railway Heritage Trust SCIO
Latest income
£233k
Latest spending
£343k
Accounts read
FY2024
Financial health, per FY2024 accounts
The accounts state that the charity reported a net deficit of £110,519 for the year ended 31 December 2024, driven by a significant shortfall in restricted funds. The trustees' report notes that limited train visits and the lack of turntable usage had a significant impact on general fundraising efforts, prompting increased community outreach. Despite the deficit, the charity completed major infrastructure projects, including the rebuilding of an office block and the installation of a water tank, while maintaining its operations as a heritage centre.