Keighley & Worth Valley Railway Preservation Society Limited
Analysis
Keighley & Worth Valley Railway Preservation Society Limited is a registered charity in England and Wales, based in West Yorkshire. It was registered in July 2010, 16 years ago. Its declared purposes cover education/training, environment/conservation/heritage and economic/community development/employment, which this site groups under environment and conservation. Legally it is a charitable company (Companies House number 07135945). It says it makes grants to organisations, provides other finance and provides human resources.
In the financial year ending December 2025, Keighley & Worth Valley Railway Preservation Society Limited reported income of £4.2m and spending of £4.4m, spending 105% of its income. Across the 5 years on record, from December 2021 to December 2025, income grew from £2.2m to £4.2m (+88%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 38%. Over the whole period it spent 93% of the income it received.
Among 4,574 England and Wales charities whose main cause is environment and conservation and that reported income, Keighley & Worth Valley Railway Preservation Society Limited sits at the 98th percentile: it is larger than about 98% of them. Against every charity in England and Wales with reported income it ranks in the 98th percentile. Charities of a similar size with the same main cause include Conserve Global (£4.2m), Yorkshire Dales Railway Museum Trust (Holdings) Limited (£4.2m) and Groundwork West Midlands (£4.1m).
In its latest detailed accounts, income came from charitable activities 54%, trading 28% and donations and legacies 17%. Gifts in wills alone brought in £250k. Charitable activities took 74% of spending and raising funds 23%. Grants to other organisations totalled £250k. Reserves of £5.8m would cover about 16 months of spending at that rate. It employed 61 people.
Income and spending
Where the income comes from
- Donations 12%
- Legacies 5.9%
- Charitable activities 54%
- Trading 28%
- Investments 0.6%
In the charity's own words
The core activities of the railway is operating public train services on all weekends during the year and on weekdays during school holidays and a shoulder summer season. In addition the railway offers supporting activities to both generate additional funds and offer the public opportunities to experience different aspects of the railway.
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Conserve Global | London | £4.2m |
| Yorkshire Dales Railway Museum Trust (Holdings) Limited | North Yorkshire | £4.2m |
| Groundwork West Midlands | Tipton Shopping Centre | £4.1m |
| Sea Life Trust Limited | London | £4.2m |