THE MID-NORFOLK RAILWAY PRESERVATION TRUST

• ◆

  4 officer resignations in last 12 months

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

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

• Turnover

  -6.8%

  £2,704,933 → £2,520,303

• Cash

  +39%

  £879,457 → £1,222,748

• Net assets

  +4.2%

  £4,163,938 → £4,338,905

• Employees

  +16.7%

  12 → 14

• Operating profit

  -73.3%

  £592,519 → £157,964

• Profit before tax

  -70.5%

  £592,629 → £174,967

• Wages

  +28.1%

  £227,997 → £292,040

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

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

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

Larking Gowen LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Closing cash reserves as at 31 December 2024 were more than £1.2m. Given the security of Polar income through to 2028, other income from trading activities, memberships, donations and legacies, the Trustees have a reasonable expectation that the Group and the Charity have adequate resources to continue in operational existence for the foreseeable future.”

Group structure

1. THE MID-NORFOLK RAILWAY PRESERVATION TRUST · parent
   1. The Mid-Norfolk Railway (Trading) Ltd 100% · UK · Trading
   2. Mid-Norfolk Railway (Infrastructure & Engineering) Limited 100% · UK · Infrastructure & Engineering

Significant events

• “Major capital expenditure in 2024 included the acquisition of diesel locos 47580 and 47596 for a combined sum of £160,000 from Stratford 47 and major refurbishment of the Crownthorpe bridge which has enabled the reopening of the section through to Wymondham.”
• “We also upgraded our IT systems, introduced a new membership system and carried out improvements to the platform at Dereham.”
• “The trust has recruited a new General Manager who joins the railway on August 4th.”

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

Filings

9

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

4

last 12 months

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