Trustworthy, administrator
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Donations made Income to the Trust in its annual returns in the years ending March 20162015-18 totalled around £20019 was £16,825 and spending £410,105.<ref>[http://beta.charitycommission.gov.uk/charity-details/?regid=1039409&subid=0 The Charity Commission]</ref>
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Its Trustees include Dr Pete Waterman OBE DL.<ref>[http://apps.charitycommission.gov.uk/Showcharity/RegisterOfCharities/CharityWithoutPartB.aspx?RegisteredCharityNumber=1039409&SubsidiaryNumber=0 The Charity Commission]</ref> In 2016 Dr Waterman became a vice-president of the Transport Trust, a UK charity dedicated to the preservation of the nation's transport heritage.<ref>[http://www.transportengineer.org.uk/transport-engineer-news/pete-waterman-steams-into-transport-trust/149911/ The Transport Engineer 9 January 2017] (Retrieved 2 February 2017)</ref> In 2018 he became President of Peak Rail plc.<ref>Steam Railway Magazine, 27 April 2018</ref> Dr Waterman auctioned around a tenth of his collection of railway models in April 2015 for more than £600,000, in order to “raise enough money to secure the future of the Waterman Railway Heritage Trust.”<ref>[http://www.bbc.co.uk/news/uk-england-coventry-warwickshire-32331602 BBC 16 April 2015]</ref>
In 2016 the Trust sold the unrestored 7027 Thornbury Castle.<ref>[http://www.railwaymagazine.co.uk/castle-no-7027-thornbury-castle-sold-and-to-be-restored-for-mainline/ Railway Magazine 1 August 2016]</ref>
