Finance Score: 4
Governance Score: -2
Support Score: 0
  • Liabilities <10%: +3
  • Accounts filed more than 5 days late: -2 times
  • Strong growth: +2
  • Deficit latest year: -2
  • Fundraising costs low: +3
  • Narrow trustee age band: -2
  • Dynamic board: +3
  • All male board: -3
  • No supporters identified
Overall GiG Score: 2 ?

LLANGOLLEN RAILWAY TRUST LIMITED

To support the restoration and preservation of the heritage of Llangollen Railway for the benefit of the public.
Analysis by Giving is Great

Positives:

  • This charity has a robust balance sheet
  • There has been strong growth in spending over the last 5 years
  • Fundraising costs are unusually low relative to funds raised
  • A significant proportion of recent income was derived from major grant makers including the Government
  • The Board appears to be dynamic in terms of composition

Regulatory & Governance issues to consider:

  • The Board is completely male
  • The Board has little diversity in terms of age

Financial issues to consider:

  • Accounts have been filed late on 2 occasions over the last 5 years and the current period appears to have been extended
  • Income was lower than spending in the latest year

Financial Data ?

Income & Spending ?
Sources of Income ?
Y/E Income
£k
Spending
£k
Surplus/
Deficit £k
Fundraising
Cost £k
Total
Funds £k
Unrestricted
Funds £k
Mths
Rsrvs
Staff Volun-
teers
31/12/23£1,328£1,580£-253£2£2,611£1,41910.820250
31/12/22£1,246£1,202£44£1£2,864£9839.818347
31/12/21*£1,116£484£632£108£2,820£724185347
31/12/20£469£476£-7n/an/an/an/an/an/a
31/12/19*£173£181£-9n/an/an/an/an/an/a
31/12/18£146£183£-37n/an/an/an/an/an/a
31/12/17£234£184£50n/an/an/an/an/an/a
31/12/16£152£174£-23n/an/an/an/an/an/a
31/12/15£196£154£42n/an/an/an/an/an/a
31/12/14£341£113£228n/an/an/an/an/an/a
31/12/13£177£103£74n/an/an/an/an/an/a
31/12/12£284£83£200n/an/an/an/an/an/a
31/12/11£472£90£382n/an/an/an/an/an/a
31/12/10£63£97£-34n/an/an/an/an/an/a
31/12/09£102£221£-120n/an/an/an/an/an/a
31/12/08£131£67£64n/an/an/an/an/an/a
31/12/07?£240£55£185n/an/an/an/an/an/a
31/10/06*£270£53£217n/an/an/an/an/an/a

Financial Ratios
Fundraising Costs/Relevant Income: 0.2%
Fundraising Costs/Total Spending: 0.2%
Highest pay band: Less than £60,000
Liabilities/Assets: 10%
Liabilities/Income: 21%
Unrestricted Funds/Total Funds: 54%
Reserves/Spending: 10.8 months
Net Current Assets/Spending: 3 months
Quick Ratio: 1.7
Asset Split ?
Balance Sheet History
Established: 29 years

www.llangollen-railway.co.uk

trustmanager@llangollen-railway.co.uk

01978860979

Charity Commission for England and WalesCompanies House
UN SDGs
?
Listed activities
  • Arts/Culture/Heritage/Science
  • Economic/Community Development/Employment
  • Environment/Conservation/Heritage
GiG Classification
  • Museums, parks, historical sites
How it operates
  • Provides buildings/facilities/open space
Where it operates
  • Denbighshire,
Who it helps
  • The General Public/Mankind

Who supports them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (6)
Current Trustees appointed
Gender Split

Age Range of Trustees: 57-71
  • PETER JAMES EDWARDS Appointed: 2020, Occupation: It Manager
  • PETER READ BREWER Appointed: 2023, Occupation: Company Director
  • PHILIP HENRY FREETH Appointed: 2020, Occupation: Retired
  • PHILIP JOHN COLES Appointed: 2020, Occupation: Retired Electrician
  • ROBERT JOHN CREASEY Appointed: 2020, Occupation: Retired Business Analyst
  • RONALD THOMAS ERIC CARTER Appointed: 2024, Occupation: Lawyer
Legal constitution
  • Charitable company registered in England & Wales on 22/05/1995, number: 1046614
  • Registered at Companies House on 31/03/1995, number: 03040336
Gift Aid
  • Registered with HMRC for Gift Aid
Policies in force
  • Bullying and harassment policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • Conflicting interests
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Investing charity funds 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
Filing Record
18 returns made; AR21: 25 days late, AR19: 18 days late, AR06: 186 days late,
Main office

THE STATION
ABBEY ROAD
LLANGOLLEN
DENBIGHSHIRE
LL20 8SN

Objectives

THE RESTORATION, PRESERVATION AND OPERATION OF THE LLANGOLLEN RAILWAY FOR THE BENEFIT OF THE PUBLIC

Defined Area of Benefit:

IN PRACTICE DEE VALLEY AREA, CLWYD, N.WALES

Data Sources

Charity Commission for England and Wales

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