---
title: "Watercress Line Heritage Railway T… rating | CharityCompare"
description: "Watercress Line Heritage Railway Trust Limited scores 46/100 (Poor). Latest accounts 2025: income £3.7m · 10% on charitable activities. Reg 284406."
source: https://www.charitycompare.org.uk/charity/watercress-line-heritage-railway-trust-limited
retrieved: 2026-08-18T02:08:42.066Z
license: "Charity data © Crown copyright, Open Government Licence v3.0"
---

Quick answer

## Is Watercress Line Heritage Railway Trust Limited a good charity?

Watercress Line Heritage Railway Trust Limited scores 46/100 (2 stars, Poor) on CharityCompare's Clarity Score, calculated from its UK regulator filings. Its latest accounts year is 2025 (£3.7m total income, 10% of spending on charitable activities). This reflects financial transparency and stewardship on paper — not the real-world impact of its programmes. See the full breakdown.

Southampton · SO24 9JG |
Reg [284406](https://www.charitycompare.org.uk/charity/watercress-line-heritage-railway-trust-limited) | Registered charity | [Official website](https://www.watercressline.co.uk/) | [Charity Commission register](https://register-of-charities.charitycommission.gov.uk/en/charity-search/-/charity-details/284406)

Donate

## How can you give to Watercress Line Heritage Railway Trust Limited?

You leave CharityCompare to complete a donation on the official Watercress Line Heritage Railway Trust Limited form. We do not process payments or take commission. Opens their official online donation form.

[Donate](https://www.watercressline.co.uk/?utm_source=charitycompare&utm_medium=referral&utm_campaign=donate&utm_content=284406)

## What does Watercress Line Heritage Railway Trust Limited do?

Watercress Line Heritage Railway Trust Limited is a registered charity (no. 284406) working in heritage in Southampton · SO24 9JG. Its latest Charity Commission filing directs 10% of spending to charitable activities, though its recent accounts were filed late. Reported income has been broadly stable over recent years. CharityCompare's Clarity Score rates the organisation only from public Charity Commission accounts — accountability, financial health, efficiency and community support — not the quality or impact of its programmes.

Summarised from public filings — Watercress Line Heritage Railway Trust Limited hasn't added its own description yet. [Work here? Add it free →](https://www.charitycompare.org.uk/claim?charity=watercress-line-heritage-railway-trust-limited)

**In short:** Watercress Line Heritage Railway Trust Limited scores 46 out of 100 (2 stars). 10% average program spend (3-year average). Review the pillar breakdown below.

## What is Watercress Line Heritage Railway Trust Limited?

Watercress Line Heritage Railway Trust Limited has a Clarity Score of 46 out of 100 on CharityCompare (2 stars, Poor). Charity Commission registration number 284406. Status: Registered. Primary cause area: Heritage. Latest accounts year 2025: total income £3.7m, with 10% of expenditure on charitable activities. Accounts filing: late. 2 filing concern(s) noted on this profile. Scores are independent and based on official filings — not a donation recommendation.

Data from [Charity Commission register](https://register-of-charities.charitycommission.gov.uk/), last updated 17 July 2026.

Overall score

46/100

2★ · Poor

Cause spend

10%

3-yr avg · charitable activities

Accountability

75/100

Finance beacon

Income

£3.7m

Latest year 2025

Reserves

—

Months of running costs

Accounts filing

Late

Check register

£1.1 raised per £1 fundraising (3-yr avg) ·
92% overhead · Website on register ·
Confidence: medium

## How does Watercress Line Heritage Railway Trust Limited compare?

Clarity Score percentile against similar UK charities — the share of peers Watercress Line Heritage Railway Trust Limited scores higher than.

Income band (£1m–£5m)2ndpercentile

**Scores higher than 2% of 2,776 charities in its income band** · 46/100 vs 78 peer average (marker).

Heritage charities2ndpercentile

**Scores higher than 2% of 151 charities in this cause** · 46/100 vs 77 peer average (marker).

## How reliable is Watercress Line Heritage Railway Trust Limited's data?

Source

Charity Commission (England & Wales)

Accounts year

2025

Filing date

24 June 2026

Profile reviewed

17 July 2026

Medium confidence — some data missing or late

Scores reflect the latest annual accounts on the register. Clarity Score measures how clearly the charity accounts for money in those filings — not programme impact.

Contains public sector information licensed under the Open Government Licence v3.0. Sources:
[Charity Commission for England and Wales](https://register-of-charities.charitycommission.gov.uk/),
[Office of the Scottish Charity Regulator](https://www.oscr.org.uk/) and
[Charity Commission for Northern Ireland](https://www.charitycommissionni.org.uk/).
[Open Government Licence v3.0](https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/).

## What is Watercress Line Heritage Railway Trust Limited's Beacon report?

Detailed accountability and finance metrics from UK regulator filings — structured for transparency in our four-beacon report.

### Accountability & Transparency

Baseline trust from filing discipline, board oversight, and declared governance policies.

75/100
| Metric | Score | Value |
| --- | --- | --- |
| Filing history (5 years) 100% on-time over five years = 15 pts · one late filing = 5 pts · two or more = 0 pts. | 33% | 5/15 pts |
| Trustee oversight Three or more trustees on the register = 15 pts, scaled down for fewer (governance red flag below three). | 100% | 5 trustees · 15/15 pts |
| Declared policies Safeguarding (4) · conflict of interest (3) · volunteer management (3) — from Charity Commission annual return. | 100% | 10/10 pts |

### Financial Health

Stability and solvency — reserves, revenue trend, and debt from Charity Commission accounts.

20/100
| Metric | Score | Value |
| --- | --- | --- |
| Reserves (months of cash) 3–24 months = full marks, tapering on both sides · 0 months or 4+ years (hoarding) = 0 pts. | 0% | Not stated · 0/15 pts |
| Income stability / growth +20% or more over the window = 10 pts · flat = 5 pts · −20% or worse = 0 pts, scaled between. | 30% | 3/10 pts · 3-year average |
| Liabilities to assets 0% liabilities-to-assets = 5 pts, scaling down to 0 pts at 60%+ debt. | 60% | 23% · 3/5 pts |

### Financial Efficiency

How efficiently funds reach the cause — program spend and fundraising cost ratios.

0/100
| Metric | Score | Value |
| --- | --- | --- |
| Program expense ratio 90%+ on charitable activities = full marks, scaling down to 0 pts at 50% or below. | 0% | 10% · 0/10 pts (3-year average) |
| Fundraising efficiency ≤10p to raise £1 = full marks, scaling down to 0 pts at 40p or above (fundraising cost ÷ income). | 0% | 94p per £1 income · 0/10 pts (3-year average) |

### Community Support

Grassroots backing from Charity Commission workforce data — volunteers vs paid staff.

100/100
| Metric | Score | Value |
| --- | --- | --- |
| Volunteer-to-staff ratio Volunteers at 2x staff or more = full marks · no volunteers = 0 pts, scaled between. | 100% | 750 volunteers / 44 staff · 10/10 pts |

[How we calculate beacon scores →](https://www.charitycompare.org.uk/methodology)

## What is Watercress Line Heritage Railway Trust Limited's Clarity Score?

46/100 total · Poor · 2 of 5 stars

Four pillars (40 + 30 + 20 + 10 points) from Charity Commission filings — see methodology for full weightings.

75/100

Accountability & Transparency

20/100

Financial Health

0/100

Financial Efficiency

100/100

Community Support

### Accountability & Transparency

Baseline trust from filing discipline, board oversight, and declared governance policies.

75/100

Filing history (5 years)5/15 pts

Trustee oversight5 trustees · 15/15 pts

Declared policies10/10 pts

### Financial Health

Stability and solvency — reserves, revenue trend, and debt from Charity Commission accounts.

20/100

Reserves (months of cash)Not stated · 0/15 pts

Income stability / growth3/10 pts · 3-year average

Liabilities to assets23% · 3/5 pts

### Financial Efficiency

How efficiently funds reach the cause — program spend and fundraising cost ratios.

0/100

Program expense ratio10% · 0/10 pts (3-year average)

Fundraising efficiency94p per £1 income · 0/10 pts (3-year average)

### Community Support

Grassroots backing from Charity Commission workforce data — volunteers vs paid staff.

100/100

Volunteer-to-staff ratio750 volunteers / 44 staff · 10/10 pts

## How much does Watercress Line Heritage Railway Trust Limited raise and spend?

Latest filed year 2025 · Source: Charity Commission filings
| Category | Amount | % of spend |
| --- | --- | --- |
| Total income | £3.7m | — |
| Total expenditure | £3.8m | — |
| Charitable activities | £292k | 8% |
| Fundraising | £3.5m | 92% |
| Governance & admin | £223k | 6% |

8%On charitable activities

## Where does the money go?

Latest accounts (2025) · £3.8m spent

- Charitable activities8% · £292k
- Fundraising92% · £3.5m
- Governance6% · £223k

## What trust indicators does Watercress Line Heritage Railway Trust Limited have?

Pulled from the Charity Commission register — filing behaviour, board size, and workforce where reported.

- — Accounts filed on time

Filing status: late

- ✓ Trustee board size (3–12)

5 trustees on the Charity Commission register

- ✓ Workforce on register

44 employees · 750 volunteers (17:1 volunteer-to-staff)

Fundraising Regulator

Status not yet checked

Separate from our financial scores — shows whether the charity follows the Code of Fundraising Practice.

[Check Fundraising Regulator →](https://www.fundraisingregulator.org.uk/members/)

Official register

Reg 284406

Full trustee list, accounts, and regulatory history on the Charity Commission.

[View on Charity Commission →](https://register-of-charities.charitycommission.gov.uk/en/charity-search/-/charity-details/284406)

### Trustees & officers

- Stephen Nicholas Evans since 2018
- Gregory Hamilton Watson since 2018
- Jonathan Charles Robert Morris since 2024
- Sabrina Lee-Anne Marsden since 2026
- Baron Michael Edward David de Styrcea since 2026

100
How we score charities
+The Clarity Score is a 100-point rating from UK regulator filings (Charity Commission for England and Wales, OSCR and CCNI). Four pillars — Accountability & Transparency (40), Financial Health (30), Financial Efficiency (20), and Community Support (10) — each scored on a continuous scale, not pass/fail cutoffs. A statutory inquiry sets the score to 0 automatically.

[Full methodology →](https://www.charitycompare.org.uk/methodology)

Accountability & Transparency

Scored from filings

40 points — filing history (15), trustee oversight (15, scaling up to a board of three or more), declared policies (10).

Financial Health

Scored from filings

30 points — reserves (15, full marks 3–24 months, tapering on both sides), income stability (10), liabilities to assets (5, scaling down as debt rises).

Financial Efficiency

Scored from filings

20 points — program expense ratio and fundraising cost, each on a graduated scale (not a single cutoff). Kept at 20% of the total: financial-ratio scoring alone is not a reliable effectiveness signal (see "why not just an overhead ratio?" below).

Community Support

Scored from filings

10 points — volunteer-to-staff ratio from Charity Commission workforce data, scaling continuously up to a 2:1 ratio.

Overall score

Sum of all pillar points. Display stars use the same bands as the labels: 90–100 → 5★ Exceptional; 75–89 → 4★ Good; 60–74 → 3★ Needs improvement; 1–59 → 2★ Poor; 0 → not rated.

## How have Watercress Line Heritage Railway Trust Limited's finances changed over five years?

- Income
- Spending
- Cause spend

Values in £ thousands · Cause spend plotted only when the filing discloses a split · Source: Charity Commission accounts

## What are the key facts about Watercress Line Heritage Railway Trust Limited?

Overall score

46/100 (2★)

Income

£3.7m

Cause spend

10% of expenditure

Reg number

284406

Scope

Local (southampton)

Reserves

—

Trustees

5

Accounts year

2025

Filing

late

## How does Watercress Line Heritage Railway Trust Limited compare, and where else can you look?

[Compare Watercress Line Heritage Railway Trust Limited with others](https://www.charitycompare.org.uk/compare-charities?ids=watercress-line-heritage-railway-trust-limited) [More heritage charities](https://www.charitycompare.org.uk/browse/heritage) [How we score charities](https://www.charitycompare.org.uk/methodology)

### Where Watercress Line Heritage Railway Trust Limited sits

The causes this charity is classified under, and other charities working nearby.

- [heritage charities](https://www.charitycompare.org.uk/browse/heritage)
- [environment charities](https://www.charitycompare.org.uk/browse/environment)
- [arts charities](https://www.charitycompare.org.uk/browse/arts)
- [education charities](https://www.charitycompare.org.uk/browse/education)
- [Charities in Southampton](https://www.charitycompare.org.uk/cities/southampton)

### Similar heritage charities

Top-rated peers by CharityCompare score

- [HARTLEBURY CASTLE PRESERVATION TRUST](https://www.charitycompare.org.uk/charity/hartlebury-castle-preservation-trust) 100/100 · £612k
- [ST BARTHOLOMEW'S HERITAGE](https://www.charitycompare.org.uk/charity/st-bartholomew-s-heritage) 99/100 · £5.7m
- [JANE AUSTEN'S HOUSE MUSEUM](https://www.charitycompare.org.uk/charity/jane-austen-s-house-museum) 98/100 · £2.0m
- [MILTON KEYNES MUSEUM TRUST LIMITED](https://www.charitycompare.org.uk/charity/milton-keynes-museum-trust-limited) 98/100 · £763k

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## What red flags does Watercress Line Heritage Railway Trust Limited have?

## Frequently asked questions

Common questions about Watercress Line Heritage Railway Trust Limited's rating, finances, and Charity Commission status.

Is Watercress Line Heritage Railway Trust Limited a good charity? + Watercress Line Heritage Railway Trust Limited scores 46 out of 100 (2 stars — Poor) on CharityCompare's Clarity Score, our independent read of its UK regulator filings. Around 10% of its spending goes to charitable activities and its accounts are late. That reflects how transparent and financially healthy it looks on paper — it does not measure the real-world impact of its work, so treat it as one factor alongside the cause you care about. CharityCompare never tells you where to donate.

Is Watercress Line Heritage Railway Trust Limited a legitimate charity? + Yes — Watercress Line Heritage Railway Trust Limited is a legitimate registered charity (charity number 284406). Verify it on the official register: https://register-of-charities.charitycommission.gov.uk/en/charity-search/-/charity-details/284406. Registration proves status; Clarity Score then summarises filing transparency on paper, not programme impact.

What is Watercress Line Heritage Railway Trust Limited's charity number? + Watercress Line Heritage Railway Trust Limited's charity number is 284406. Check that number on the official register (Charity Commission, OSCR or CCNI) or this CharityCompare profile before you donate — scammers sometimes reuse real numbers on fake appeals.

What is Watercress Line Heritage Railway Trust Limited's charity rating? + Watercress Line Heritage Railway Trust Limited scores 46 out of 100 on CharityCompare (2 stars — Poor). The Clarity Score V1 sums four pillars from UK regulator filings: Accountability & Transparency (40 pts), Financial Health (30), Financial Efficiency (20), and Community Support (10). Stars use the same bands as those labels — 90+ is 5★ Exceptional. It is not an impact ranking.

Does Watercress Line Heritage Railway Trust Limited have reviews and complaints? + CharityCompare does not host public user reviews for Watercress Line Heritage Railway Trust Limited. Instead you get a filing-based Clarity Score, cause spend, reserves and red flags such as late accounts (2 filing concern(s) noted on this profile). For formal complaints about a charity, contact the Charity Commission, OSCR, CCNI or the Fundraising Regulator as appropriate.

How much of my donation reaches Watercress Line Heritage Railway Trust Limited? + According to its 2025 regulator filing, 10% of Watercress Line Heritage Railway Trust Limited's total spending went to charitable activities (3-yr avg across disclosed years). That is the closest official figure to "how much of your donation reaches the cause" — it is an average across all spending in the filing, not a pound-by-pound breakdown of an individual gift.

What are Watercress Line Heritage Railway Trust Limited's overheads? + According to its 2025 regulator filing, fundraising costs were about 90% of total expenditure and combined overheads (fundraising plus governance) were about 92% of total expenditure at Watercress Line Heritage Railway Trust Limited. The filings CharityCompare uses do not publish CEO or senior-staff pay, so we cannot say what Watercress Line Heritage Railway Trust Limited's chief executive is paid — where disclosure rules apply, senior pay appears in the trustees' annual report on the Charity Commission register.

How much income does Watercress Line Heritage Railway Trust Limited receive? + Watercress Line Heritage Railway Trust Limited reported £3.7m total income in its 2025 accounts, based on UK regulator filings. Five-year trend: stable.

Are Watercress Line Heritage Railway Trust Limited's accounts up to date? + Filing status: late (last filing 2026-06-24). CharityCompare flags late or missing accounts separately from the financial score.

Where is Watercress Line Heritage Railway Trust Limited based? + Watercress Line Heritage Railway Trust Limited is listed at Southampton · SO24 9JG, focused on heritage.

How does CharityCompare score Watercress Line Heritage Railway Trust Limited? + We calculate a Clarity Score of 0–100 from four pillars in Watercress Line Heritage Railway Trust Limited's regulator filings: Accountability & Transparency (40 points — filing history, trustees, policies), Financial Health (30 — reserves, income trend, debt), Financial Efficiency (20 — cause spend and fundraising cost, on a graduated scale) and Community Support (10 — volunteer-to-staff ratio). An open statutory inquiry scores 0. The score measures reporting on paper, not programme impact. CharityCompare is free for donors, takes no commission on donations, and scores cannot be bought.

How often is this page updated? + This profile was last updated on 17 July 2026 from the latest UK regulator data available to CharityCompare, and Watercress Line Heritage Railway Trust Limited's most recent accounts cover 2025. Scores and figures refresh whenever we re-ingest the register, so the page reflects our latest data pull rather than a one-off review.