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Watercress Line Heritage Railway Trust Limited

Also known as: Mid-Hants Railway Preservation Society Limited, Watercress Line

The Charity's objects are to preserve, restore, maintain, operate, exhibit, educate, instruct, stimulate, promote and encourage interest in heritage railways, locomotives, rolling stock, buildings, artifacts and equipment and to foster and support railway preservation. It provides strategic direction to its subsidiary, Mid-Hants Railway Ltd, which operates the Watercress Line.

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Activities & Mission

The Charity's objects are to preserve, restore, maintain, operate, exhibit, educate, instruct, stimulate, promote and encourage interest in heritage railways, locomotives, rolling stock, buildings, artifacts and equipment and to foster and support railway preservation. It provides strategic direction to its subsidiary, Mid-Hants Railway Ltd, which operates the Watercress Line.

Areas of Operation

Where this charity is registered to operate, as self-declared to the Charity Commission. These are regulatory classifications, not a list of active programmes, and don't necessarily indicate fundraising activity in each location.

Financial Information

Latest Income
£3,658,953
Latest Expenditure
£3,811,954

Financial Efficiency

Program Ratio 8.0%
% of income going directly to charitable activities

Higher than 6% of UK Heritage charities with income £1M to £10M (sample: 344). How is this calculated?

Overall Efficiency 7.7%
% of expenditure going to programs (vs overhead)

Higher than 3% of UK Heritage charities with income £1M to £10M. How is this calculated?

Administrative Ratio 98.2%
Overhead (fundraising + governance) as % of total expenditure

Lower overhead than 1% of UK Heritage charities with income £1M to £10M. (Lower overhead is generally read as more efficient.) How is this calculated?

Latest Financial Breakdown

Income Sources

Donations & Legacies £606,721
Charitable Activities £36,185
Other Trading £2,955,253
Investments £20,984
Other Income £39,810

Expenditure Categories

Charitable Expenditure £292,135
Raising Funds £3,519,819
Governance £222,817
Grants to Institutions £0
Other Expenditure £0

Financial Trend

Annual Returns

As filed with the Charity Commission for England and Wales. Most recent filing covers the financial year ending 2025.

Financial YearIncomeExpenditureCharitable SpendingNet AssetsReservesStaff
2025
£3,658,953
£3,811,954£292,135£6,465,384£044 / 750
2024
£3,846,638
£3,418,544£141,491£9,009,557£042 / 600
2023
£3,914,320
£4,911,080£936,448£8,547,276£044 / 450
2022
£4,643,677
£3,778,111£109,734£9,543,901£045 / 450
2021
£3,102,562
£2,708,740£100,818£8,674,562£045 / 450

Staff column shows: Employees / Volunteers

Frequently asked questions about Watercress Line Heritage Railway Trust Limited

What does Watercress Line Heritage Railway Trust Limited do?

The Charity's objects are to preserve, restore, maintain, operate, exhibit, educate, instruct, stimulate, promote and encourage interest in heritage railways, locomotives, rolling stock, buildings, artifacts and equipment and to foster and support railway preservation. It provides strategic direction to its subsidiary, Mid-Hants Railway Ltd, which operates the Watercress Line.

How much income did Watercress Line Heritage Railway Trust Limited report in 2025?

Watercress Line Heritage Railway Trust Limited reported total income of £3.66m and reported expenditure of £3.81m for the financial year ending 2025, based on the most recent annual return filed with the Charity Commission.

How efficient is Watercress Line Heritage Railway Trust Limited?

Watercress Line Heritage Railway Trust Limited has a program ratio of 8.0%, meaning that share of its income goes directly to charitable activities. This is higher than 6% of UK Heritage charities with income £1M to £10M (sample of 344 charities). See our methodology for how this is calculated.

When was Watercress Line Heritage Railway Trust Limited registered as a charity?

Watercress Line Heritage Railway Trust Limited was registered with the Charity Commission for England and Wales on 25 May 1982 as charity number 284406. It has been registered for 44 years.

Who runs Watercress Line Heritage Railway Trust Limited?

Watercress Line Heritage Railway Trust Limited is governed by a board of 5 trustees. Trustees are legally responsible for the charity's governance and are listed in full on its profile.

Where does Watercress Line Heritage Railway Trust Limited operate?

Watercress Line Heritage Railway Trust Limited operates across 5 areas, including Hampshire, Portsmouth City, Southampton City and 2 others. The full list is shown on its profile.

Is Watercress Line Heritage Railway Trust Limited a registered charity?

Yes — Watercress Line Heritage Railway Trust Limited is a registered charity in England and Wales, charity number 284406.

Details

Address
Watercress Line
HerItage Railway Trust Ltd
Alresford Station
Station Road
Alresford
SO24 9JG
Registration Date
25 May 1982
Status
Registered

Registry Information

Organisation Number
284406
Charity Number
284406

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Trustees

Baron Michael Edward David de Styrcea
Gregory Hamilton Watson
Jonathan Charles Robert Morris
Sabrina Lee-Anne Marsden
Stephen Nicholas Evans

Sectors & Classifications

Also Known As

  • Mid-Hants Railway Preservation Society Limited
  • Watercress Line

Data & trust

Register data refreshed
14 May 2026
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