SEVERN VALLEY RAILWAY COMPANY LIMITED

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Folkes Worton LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Significant events

• “2024 saw an upturn in visitors compared with the previous year due to the many and varied special events continuing to be put on throughout the year.”
• “During 2024 we financially supported thirteen volunteer led projects, amounting to approximately £32,000 in total.”
• “The SVR Resilience Fund in May which raised well over £90,000 in its first few months, massively exceeding our expectations.”
• “Recruitment has been healthy with over 150 new volunteers and more applications being processed during 2024.”
• “Plans are in process for changes to the structure of the organisation of the Railway. The members of SVRH will be asked at its Annual General Meeting to approve its conversion to a Charitable Community Benefit Society, after which it is intended that it will acquire this company's business.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +4.2%

  £179,760 → £187,349

• Cash

  +54.5%

  £136,241 → £210,556

• Net assets

  +2.1%

  £2,061,077 → £2,104,249

• Employees

  0%

  1 → 1

• Profit before tax

  +100.6%

  £51,400 → £103,126

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers