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Keighley & Worth Valley Railway Preservation Society Limited

RegisteredRegistered charity number 1136853West YorkshireEnvironment and conservation
Income£4.2m2025-12-30
Spending£4.4msame year
Spent / received93%5-year average
Size in its cause98th pctEnvironment and conservation
Registered2010Charitable company
Employees61latest return

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

£0£1.1m£2.2m£3.3m£4.4m2021 Income: £2,237,4462021 Spending: £1,867,43120212022 Income: £2,494,0982022 Spending: £2,358,71720222023 Income: £3,448,4592023 Spending: £3,149,62720232024 Income: £4,238,5462024 Spending: £3,685,72620242025 Income: £4,215,6382025 Spending: £4,415,3372025
IncomeSpending

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

CharityLocationIncome
Conserve GlobalLondon£4.2m
Yorkshire Dales Railway Museum Trust (Holdings) LimitedNorth Yorkshire£4.2m
Groundwork West MidlandsTipton Shopping Centre£4.1m
Sea Life Trust LimitedLondon£4.2m