NORTH YORKSHIRE MOORS RAILWAY TRUST

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

1. NORTH YORKSHIRE MOORS RAILWAY TRUST 2022-04-28 → present
2. NORTH YORKSHIRE MOORS RAILWAY TRUST LIMITED 2022-04-13 → 2022-04-28
3. NORTH YORK MOORS HISTORICAL RAILWAY TRUST LIMITED 1971-12-31 → 2022-04-13

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

Consolidated group

Auditor

BHP LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Recognising the challenges and uncertainties that the railway faces, the Trustees believe that with continued support from the bank, the actions already implemented, and continued scrutiny by the Trustee Board, the Group and parent charitable company will continue as a going concern. The Trustees therefore continue to adopt the going concern basis of preparation for these financial statements.”

Group structure

1. NORTH YORKSHIRE MOORS RAILWAY TRUST · parent
   1. NYMR Plc 100% · North Yorkshire · Railway operations

Significant events

• “2024/25 has been a challenging year for the NYMR with a perfect storm of post Covid impacts, cost increases, the cost of living crisis and one-off events on and off the railway conspiring to test staff and volunteers.”
• “Overall, income has grown 21% since 2019, however we have not maintained this growth rate in the 24/25 year, with traffic income down 4% in 2024/25 against 2023/24. Secondary spend was down 5% over the same period.”
• “The NYMR's primary response to the tightness of financial conditions has been to introduce 'Operation Blastpipe' a programme of cost savings and efficiency improvements, alongside a positive approach to expanding our visitor offer to encourage further income generation.”
• “Work started in 2024 on an innovative project to convert locomotive 2253 'Omaha' to burn oil fuel instead of coal.”

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

Filings

10

last 12 months

Capital events

0

last 24 months

Officers appointed

5

last 12 months

Officers resigned

3

last 12 months

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

• Turnover

  -4%

  £7,956,748 → £7,638,057

• Cash

  +31.5%

  £778,199 → £1,023,386

• Net assets

  +4.2%

  £17,521,559 → £18,249,587

• Employees

  -6.7%

  150 → 140

• Wages

  -15.2%

  £3,568,511 → £3,025,524

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