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Registered charity · Derbyshire

Midland Railway Trust Limited

Midland Railway Trust Limited is a registered charity (number 502278) based in Derbyshire, governed by 7 trustees and chaired by Richard John Ward since 2014. Latest income £509k (2024). Source: Charity Commission register, updated 4th October 2026.

Also known as Midland Railway - Butterley (Charity Commission)

To advance the knowledge and understanding of the role played by the Midland Railway Company and its successors in technological and social development, both regionally and nationally, together with its links with communities and industry, for the...

  • 7 trustees
  • Income £509k (2024)
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Official record Charity Commission · updated 4th October 2026 · Sources

Network

The large node is Midland Railway Trust Limited. Red nodes are organisations, white nodes are people. Sign in free to explore further.

Who leads it

Current trustees as listed by the Charity Commission, which does not publish previous trustees.

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About

What it does
Education/training, Environment/conservation/heritage
Where
Derbyshire
Website
midlandrailway-butterley.co.uk (opens in a new tab)
Linked company
Midland Railway Trust Limited
Registered
1973

Income and spending

  • YearIncomeSpending
  • 2024£509k£513k
  • 2023£555k£870k
  • 2022£454k£591k
Earlier years
  • 2021£433k£490k
  • 2020£523k£551k

Income trend, 2020 to 2024.

Income source mix, 2023: Government grants under 1%. From the charity's annual return.

Charitable objects

To advance the knowledge and understanding of the role played by the Midland Railway Company and its successors in technological and social development, both regionally and nationally, together with its links with communities and industry, for the benefit of the public, by the establishment and maintenance of a working museum and associated estate."Midland Railway Company and its successors" means the Midland Railway Company and its constituent companies, the London Midland and Scottish Railway and its constituent companies, British Railways Midland Region, subsequent companies operating trains on former Midland Railway lines and the continuing tradition of train building in Derby and Derbyshire;

Grants received

4 grants · £269,700 total

360Giving data, published by funders. Coverage only includes funders who publish their grants to 360Giving, so these figures are a floor, not a complete picture.

Top funders

  • The National Lottery Heritage Fund · £189,700 (3 grants)
  • The National Lottery Community Fund · £80,000

Most recent

  • The National Lottery Heritage Fund £104,4002020-08-24
  • The National Lottery Heritage Fund £35,5002016-06-22
  • The National Lottery Community Fund £80,0002007-11-27
  • The National Lottery Heritage Fund £49,8002002-09-13
Board analysis

Board DNA

How this board is put together, from Charity Commission trustee records and Companies House - deterministic, no AI.iBoard compositionCounted from the dated Charity Commission trustee register: the current board only, past trustees excluded.

7 trustees on the board

5.9y median 5y
average tenure
12y
longest tenure

Trustees past 6 years

13.2y
average years in governance

First-time vs portfolio trustees

First-time (7)

7
company-linked trustees

Sector coverage iSector coverageThe charitable fields this board's trustees govern in elsewhere, by Charity Commission classification. Excludes this charity.

Education/training 7Environment/conservation/heritage 7

Commercial experience iCommercial experienceThe industries this board's members are company directors in, by Companies House SIC code. Excludes this organisation's own company.

Arts and leisure 8Manufacturing 2Retail and trade 2

Gaps to watch

  • Narrow spread of causes across the board

Succession forecast iSuccession forecastThe number of board seats likely to open in the next twelve months - summed across the board from each dated trustee’s tenure - and the profile worth recruiting next. From the filed record, deterministic.

🔒 Succession forecast is a Pro feature - the board seats likely to open in the next year and the ideal next trustee. Explore Pro →

Health of the organisation facts side by side - the conclusion is yours

Income v spending, filed accountsiIncome v spendingTotal gross income and expenditure from filed annual returns, Charity Commission, last 5 years.
2020
2021
2022
2023
2024
incomespending£509k latest income · spending exceeded income in 2023 and 2024
ReservesiReserves12 x free reserves / annual expenditure, from the Part B annual return. The sector median is computed across all Part B filers in the same income band.

7.1 months of spending held in free reserves · median for charities its size: 4.0 months · was 5.0 in 2020

4 from 13 in 2020
EmployeesiEmployeesHeadcount as filed in Part B annual returns, per financial year. Shown exactly as filed; year-on-year figures may be filed on different bases, so a comparison is only shown when the filings are plausibly comparable.
Qualified
Auditor's opinioniAuditor's opinionThe accounts_qualified flag on the latest filed annual return is True - the auditor qualified their opinion. A register flag, shown as filed.

Sources

Official record from the Charity Commission register for England and Wales. Governance Register calculates the connections.

Record details
Registered charity number
502278
Status
Registered
Governing document
MEMORANDUM AND ARTICLES OF ASSOCIATION INCORPORATED 20 FEBRUARY 1973 AS AMENDED 5 NOVEMBER 1976 AND 11 JULY 1997. as amended on 20 Jul 2018 as amended on 06 Sep 2019 as amended on 06 Sep 2019 as amended on 06 Sep 2019
Companies House
Company number 01097382 · Active
Contact on the register
01536760315 · Enquiries@midlandrailway-butterley.co.uk
Edition
Register edition compiled 4th October 2026
Labels
Official record from the register · Calculated derived by Governance Register. Anything added by an organisation or person is labelled as provided by them.

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