North Yorkshire Moors Railway Trust

Charity number: 501388
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

A living museum providing educational experiences of operating UK railway heritage, preservation and access to historic steam and diesel locomotives, carriages, structures, artefacts and archives, with the welfare benefits of volunteering opportunities and conservation of its species rich lineside environment in a National Park.

Income and expenditure

Data for financial year ending 29 February 2024

Total income:
£9,638,007

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Donations and legacies £1.67m
Charitable activities £4.70m
Other trading activities £3.25m
Investments £12.49k
Other £0

Total expenditure:
£10,114,902

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Raising funds £346.11k
Charitable activities £7.61m
Other £2.16m

£0 investments gains (losses)

Total income includes £464,067 from 4 government grant(s)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

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Raising funds and other expenditure £2.50m
Charitable expenditure £7.61m

People

150 Employee(s)

10 Trustee(s)

1029 Volunteer(s)

Employees with total benefits over £60,000

Number of employees
£60k to £70k 2

Fundraising

No information available

Trading

One or more trustees are also directors of the subsidiaries

Trustee payments

No trustees receive any remuneration, payments or benefits from the charity.

What, who, how, where

What the charity does:
  • Education/training
  • Environment/conservation/heritage
Who the charity helps:
  • Children/young People
  • Elderly/old People
  • People With Disabilities
  • The General Public/mankind
How the charity helps:
  • Provides Buildings/facilities/open Space
  • Other Charitable Activities
Where the charity operates:
  • North Yorkshire

Governance

Registration history:
  • 14 February 1972: Standard registration
Organisation type:
Charitable company
Other names:
  • NORTH YORKSHIRE MOORS RAILWAY (Working name)
  • NORTH YORK MOORS HISTORICAL RAILWAY TRUST LIMITED (Previous name)
Company number:
01036704 Open in new window
Gift aid:
Recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Bullying and harassment policy and procedures
  • Complaints policy and procedures
  • Conflicting interests
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Investment
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Serious incident reporting policy and procedures
  • Social media policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
  • Volunteer management
Land and property:
This charity owns and/or leases land or property

Trustees

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service

10 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Jeremy Swift Chair 28 November 2020
National Transport Trust
Received: On time
NATIONAL RAILWAY HERITAGE AWARDS
Received: On time
Andrew David Mead Trustee 09 August 2024
BURLINGTON PRE-SCHOOL
Received: On time
COLIN MARTIN Trustee 07 October 2023
None on record
David James Slack Trustee 22 May 2023
ROTHER VALLEY RAILWAY HERITAGE TRUST
Received: On time
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF WEST BUCKROSE IN THE DIOCESE OF YORK
Recently registered
TAMMIE McGEE Trustee 20 January 2023
None on record
TUUKKA LAAKSO Trustee 31 March 2022
None on record
KATHERINE FRANCES AURELIE DODDS Trustee 31 March 2022
None on record
JOHN PHILIP CURETON BAILEY Trustee 21 June 2014
None on record
JOHN BRUCE Trustee
None on record
Andrew John Scott Trustee
YORK CIVIC TRUST
Received: On time

Financial history

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Financial period end date

Income / Expenditure 29/02/2020 28/02/2021 28/02/2022 28/02/2023 29/02/2024
Total gross income £8.86m £9.91m £9.61m £7.87m £9.64m
Total expenditure £7.61m £5.54m £7.20m £8.39m £10.11m
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants £1.07m £2.60m £979.13k £351.88k £464.07k
Income - Donations and legacies £2.26m £7.10m £3.45m £1.42m £1.67m
Income - Other trading activities £2.56m £906.31k £2.60m £2.63m £3.25m
Income - Charitable activities £4.03m £1.07m £3.36m £3.79m £4.70m
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £12.56k £3.72k £10.99k £22.58k £12.49k
Income - Other £0 £817.87k £186.44k £732 £0
Income - Legacies £885.75k £539.10k £462.39k £548.54k £571.61k
Expenditure - Charitable activities £5.77m £4.04m £5.40m £6.21m £7.61m
Expenditure - Raising funds £1.84m £246.06k £230.66k £307.45k £346.11k
Expenditure - Governance £24.38k £17.82k £22.04k £24.74k £29.62k
Expenditure - Grants institution £0 £0 £0 £0 £0
Expenditure - Investment management £0 £0 £0 £0 £0
Expenditure - Other £0 £1.26m £1.57m £1.87m £2.16m

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

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Asset / Liability 29/02/2020 28/02/2021 28/02/2022 28/02/2023 29/02/2024
Own use assets £11.97m £15.78m £18.51m £18.00m £19.57m
Long-term investments £0 £0 £0 £0 £0
Other assets £4.08m £5.34m £5.64m £2.50m £1.75m
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £4.31m £5.01m £5.63m £2.50m £3.79m

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 29 February 2024 29 October 2024 On Time
Accounts and TAR 29 February 2024 29 October 2024 On Time Download Open in new window
Annual return 28 February 2023 22 December 2023 On Time
Accounts and TAR 28 February 2023 22 December 2023 On Time Download Open in new window
Annual return 28 February 2022 09 October 2022 On Time
Accounts and TAR 28 February 2022 09 October 2022 On Time Download Open in new window
Annual return 28 February 2021 10 October 2021 On Time
Accounts and TAR 28 February 2021 10 October 2021 On Time Download Open in new window
Annual return 29 February 2020 26 December 2020 On Time
Accounts and TAR 29 February 2020 26 December 2020 On Time Download Open in new window
Submit annual return Open in new window

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

MEMORANDUM AND ARTICLES INCORPORATED 31/12/1971 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 17/02/1973 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 07/06/1990 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 18/05/1996 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 17/01/1998 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 16/05/1998 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 18/05/2002 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 20/06/2009 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 10/03/2012 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 17 SEP 2016 as amended on 31 Mar 2022 as amended on 28 Apr 2022 as amended on 31 Mar 2022 as amended on 31 Mar 2022

Charitable objects

2.1 The Charity's objects are. (a) The education of people of all backgrounds through the operation of a living museum demonstrating the impact of the coal-powered steam railway as a catalyst for the rapid expansion of the Industrial Revolution and a foundation of modern societies and economies. (b) The advancement of heritage by the preservation and operation for the public benefit of the historical railway line across the North York Moors between Grosmont and Pickering, North Yorkshire including the preservation, conservation, maintenance, repair and demonstration of: (i) heritage locomotives and rolling stock; (ii) heritage railway buildings, bridges and other historic railway structures; (iii) heritage signalling systems; and (iv) railway archives historical records and artefacts and the operation of heritage steam and diesel trains over the railway and other third party owned or controlled lines. (c) The advancement of citizenship, community development and individual wellbeing for all ages, backgrounds and ethnicities through the promotion of volunteering, learning and training including training and development in at-risk heritage skills. (d) The advancement of conservation of the flora, fauna and species within the Charity’s lineside estate, adjacent to and within the North York Moors National Park, including designated areas of special scientific interest forming part of that estate.

Area of benefit

The area the charity can operate in, as set out in its governing document.

NOT DEFINED

Contact information

Address:
North Yorkshire Moors Railway Trust
12 Park Street
PICKERING
North Yorkshire
YO18 7AJ
Phone:
01751 473799
Email:
admin@nymr.co.uk
Website:

www.nymr.co.uk Open in new window