Vale of Rheidol Railway Limited

Analysis

Vale of Rheidol Railway Limited is a registered charity in England and Wales, based in Dyfed. It was registered in June 1999, 27 years ago. Its declared purposes cover environment/conservation/heritage, which this site groups under environment and conservation. Legally it is a charitable company (Companies House number 02188631). It says it provides buildings/facilities/open space.

In the financial year ending December 2025, Vale of Rheidol Railway Limited reported income of £7.6m and spending of £2.6m, leaving 66% of income unspent that year. Across the 5 years on record, from December 2021 to December 2025, income grew from £1.6m to £7.6m (+362%), an average of +47% a year. The sharpest change came in the year to December 2022, when income rose by 581%. Over the whole period it spent 34% of the income it received.

Among 4,574 England and Wales charities whose main cause is environment and conservation and that reported income, Vale of Rheidol Railway Limited sits at the 99th percentile: it is larger than about 98% of them. Against every charity in England and Wales with reported income it ranks in the 99th percentile. Charities of a similar size with the same main cause include Devon Wildlife Trust (£7.5m), Heart of England Forest (£7.6m) and The Surrey Wildlife Trust Limited (£7.5m).

In its latest detailed accounts, income came from charitable activities 87%, trading 8.6%, donations and legacies 2.5% and investments 2.2%. Charitable activities took 82% of spending and raising funds 17%. It employed 33 people.