Vale of Rheidol Railway Limited
What it does
The principal activity is operation of a narrow guage railway line as a working museum.
Its charitable purposes
“(i) To advance the education of the public and to promote research (including the publication of the useful results of such research) in matters concerning narrow gauge railways including, but not limited to, the narrow gauge railway in the County of Cardigan and which extends from Aberystwyth to Devils Bridge and is known as the Vale of Rheidol Railway and of other railways or tramways which are or may be worked or operated in conjunction or connection therewith and (without prejudice to the generality of the foregoing) matters concerning the history, buildings, tramways, rolling stock, machinery and equipment, the historical operation, the restoration and the current operation of the Vale of Rheidol Railway; (ii) For the public benefit to provide or assist in the provision of facilities for the recreation and other leisure time operation in the interest of social welfare and with the object of improving conditions of life including, but not limited to, the provision of facilities connected with the Vale of Rheidol Railway, its restoration, maintenance and operation and facilities for pedestrian access to the countryside through which the Vale of Rheidol runs; and(iii) The establishment maintenance and support of museums or other institutions partly or wholly devoted to the preservation and public display of railway equipment and relics of historic educational or operational interest.”
Causes
- What it works on
- Environment, conservation and heritage
- Who it helps
- The general public
- How it works
- Provides buildings, facilities or open space
Where it works
- In Wales
- Ceredigion
Area of benefit in its governing document: Ceredigion (old County Cardiganshire)
Income and spending
In the year ending 31 December 2025, it had income of £7,552,789 and spent £2,581,698.
| Year ending | Income | Spending | Paid staff | Volunteers |
|---|---|---|---|---|
| 31 December 2025 | £7,552,789 | £2,581,698 | 33 | 7 |
| 31 December 2024 | £2,064,740 | £1,931,271 | 35 | 5 |
| 31 December 2023 | £2,371,692 | £1,871,092 | 37 | Not reported |
| 31 December 2022 | £11,136,279 | £1,306,685 | 40 | Not reported |
| 31 December 2021 | £1,634,355 | £824,817 | 40 | Not reported |
Financial position
Separate measures from the charity's own returns and accounts, each with its year. Read them together: no single measure says how well a charity is run.
- Income over time
- Up 362%, from £1,634,355 in the year to 31 December 2021 to £7,552,789 in the year to 31 December 2025.
- Spending against income
- It spent 34% of its income in the year to 31 December 2025. It spent less than its income in each of the 5 years shown.
- Largest funder
- Phyllis Rampton Narrow Gauge Railway Trust gave £5,354,799 in the year to 31 December 2025, 71% of that year's income.
Government funding, as the charity reported it
Government grants in the year ending 31 December 2025: Not reported. Government contracts: Not reported.
| Year ending | Government grants | Government contracts |
|---|---|---|
| 31 December 2025 | Not reported | Not reported |
| 31 December 2024 | Not reported | Not reported |
| 31 December 2023 | Not reported | Not reported |
Where its income came from in the year ending 31 December 2025
- Donations and legacies£190,699
- Charitable activities, including grants and contracts for its work£6,536,760
- Trading and fundraising£651,855
- Investments£168,975
- Other£4,500
Who funds it, according to its accounts
In its accounts for the year ending 31 December 2025, the charity named 1 funder who gave £5,354,799. £0 of that came from public bodies.
These figures were read from the accounts the charity filed with the Charity Commission by Claude, an AI model, in OpenEconomy's accounts reader. AI can misread a table, so check the accounts on the register before relying on a figure.
| Funder | Type | Dec 2025 | Dec 2023 |
|---|---|---|---|
| Phyllis Rampton Narrow Gauge Railway Trust | Trust, company or other | £5,354,799 | |
| Visit Wales | Other public body | £194,249 | |
| Railway Heritage Trust | Trust, company or other | £105,000 | |
| Coastal Community Grant | Trust, company or other | £100,000 |
Grants awarded to it, published on 360Giving
Funders that publish to 360Giving list 1 grant to this charity, worth £5,000, awarded in 2016.
| Awarded | Grant | Amount |
|---|---|---|
| 13 Oct 2016 | The National Lottery Community Fund | £5,000 |
Payments from public bodies, from their spending data
Public bodies' published spending shows 7 payments to this charity worth £1,431,198 between 11 August 2021 and 11 January 2023.
| Public body | Paid | Payments | Financial years |
|---|---|---|---|
| Welsh Government | £1,431,198 | 7 | 2021/22, 2022/23 |
In the Senedd and Welsh Government
Senedd and Welsh Government records that name this charity, gathered by OpenSenedd. Newest first.
8 March 2024
Named in a written question from Gareth Davies
Addressed to the Minister for Economy.
…sing campaign, Awydd Antur, which has had TV, digital and social media coverage. The Visit Wales social media team recently filmed at the Vale of Rheidol Railway and published it to channels with over 1.2 million subscribers. We also publish dedicated railway content on the Visit Wales website: Heri…
Trustees
4 trustees run the charity.
- Dr Clive Richard Higgs
- Jonathan Nichol McKie
- Patrick Keef
- Philip John Neville Ellis
Filing record
Of the last 5 annual returns that were due, 5 arrived by the deadline.
| Year ending | Due | Annual return | Accounts |
|---|---|---|---|
| 31 December 2025 | 31 October 2026 | Received 13 October 2026, 18 days early | Received 13 October 2026 |
| 31 December 2024 | 31 October 2025 | Received 8 October 2025, 23 days early | Received 8 October 2025 |
| 31 December 2023 | 31 October 2024 | Received 15 October 2024, 16 days early | Received 15 October 2024 |
| 31 December 2022 | 31 October 2023 | Received 26 October 2023, 5 days early | Received 26 October 2023 |
| 31 December 2021 | 31 October 2022 | Received 26 September 2022, 35 days early | Received 26 September 2022 |
About this charity
- Charity number
- 1076037
- Status
- Registered
- Registered with the Commission
- 16 June 1999
- Governing document
- MEMORANDUM AND ARTICLES OF ASSOCIATION INCORPORATED 4 NOVEMBER 1987AS AMENDED BY SPECIAL RESOLUTIONS DATED 10 OCTOBER 1997, 22 JANUARY 1988, 3 JUNE 1988, 28 APRIL 1999 AND 4 APRIL 2005 as amended on 06 Jan 2024 as amended on 06 Jun 2025
- Company number
- 02188631This company on OpenEconomyThis company on Companies House
- Website
- www.rheidolrailway.co.uk
- Council area of its contact address
- Ceredigion
Sources
- Register details, income, spending, trustees and filing dates: Charity Commission for England and Wales, register of charities. Loaded by OpenEconomy on 2 November 2026.
- Funding from accounts: the charity's filed accounts, read by OpenEconomy's AI accounts reader on 1 November 2026.
- Grants awarded: 360Giving open grants data, from funders that publish there. Loaded by OpenEconomy on 2 November 2026.
- Payments from public bodies: each body's own published spending data, matched to the charity by OpenEconomy. 5 public bodies' data is included so far.
- In the Senedd and Welsh Government: records gathered by OpenSenedd and matched to the charity by OpenEconomy on 5 November 2026.