Registered number. 02141756
Charlty number: 297585
CROSSNESS ENGINES TRUST
(A Company Limited by Guarante•)
UNAUDITED
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025

CROSSNESS ENGINES TRUST
(A Company Llmltod by Guarantee)
CONTENTS
Page
Referénce and administratlvg dgtails of th• Charlty. Its Trust•e8 and advlsers
Chalrman's stat•ment
Trustees, report
Ind•pgnd•nt examinerfs report
Statement ol flnan¢lal actmtles
10
Balance sheet
Notss to the financial statements
12-22

CROSSNESS ENGINES TRUST
IA Company Limited by Guarants•l
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY. ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 OCTOBER 2025
Trustses
M Jones
K M Rldley
F K Gemianus-Kunda Iresigngd 6 April 20261
C Chin (resigned 1 Octobgr 2025)
S Beacock, Chair
E Jepson Iresigned 9 April 20261
R Fleming Ir8sign8d 1 October 20251
A Seba (appointed 18 February 20251
S James (resigned 25 January 20261
J Greenaway lappoinled 6 July 2026)
K Jamian lappc4nted 25 March 20261
A Lewis {appointed 16 March 20261
N Springhall lappointed 25 March 2026)
A StrKl& lappointed 6 July 20261
Company r¢gl8tor•d
number
02141756
Charity rngist•r•d
number
297585
Rgglstered offlc•
The Old Works
Thame5 Water S6wage Treatment Works
Bazalgette Way
London
SE2 9AQ
Company S￿rOtary
M Jong$
Accountsnts
Hedley Dunk Limited Va Xeinadin
Accounlanls
Trinity House
3 Bullacg Lane
Dartlord
Kent
DA1 1BB
Page 1

CROSSNESS ENGINES TRUST
(A Company Limited by Guarantwl
CHAIR'S STATEMENT
FOR THE YEAR ENDED 31 OCTOBER 2025
The chair presents her $tstement for the year.
Introductlon
This report formally presents the accounts and a ￿port of 8Ctivilie$ for the last complete finanaal year io
October 2025.
In general. the Trust is continuing in a positive financiol position and in its development as a museum and visitor
attraction. The effort lo rèach new audlènces continues resulting in income growth. Alongside this slrMg
pgrformancg from Gafé and shop is increasing the per capila spend per visitor. A highlight of the year was our
1601h annivèrsary weekend thich saw three events over the first weekend of April to celebrate Ihe openwy of
Crossness In 1865.
Trust Organl$atlon and Operatlons
Sarah Beacock look over the Chair in April 2025 and work continued by the board on updatr'ng the governance
and preparing for our appli¢atK)n for Museum Accreditation IMA). Having developed or updated a number of
documents required for MA we also identified a number of skills gaps across the board so began a recruilment
process to strengthen our museum-related skills. We had slrorbg support from our MA mentor. John Freeman
OBE of the CLqyThills Pumping Slalion in Burton on Trent which enabled us to get our application in shortly
before the end of OUT financial year. Two trustees, Ray Flemlng and Colin Chin, stoc*J down during the year and
we rewrd our thanks for Iheir input.
Volunt••rs
We continue to see ex￿lIent value delive¥8d by our volunteers - both Tggular and occash)nal. During the yeai
we attended varfous volunteer racruitmenl and other local events to focus on attracting new recruit5. In
recognition of the fact that wruilmenl of younger volunteers is key lo our fvture success w8 b8gan the process
to recruit a part-time Volunteer Managér.
During the year we had 49 expressions of interest from potential volunteers, of whom 19 161.2Yol be¢8me
volunteers. Of the 30138.81JA} that didn't, many didn't respond to an invitstion lo visit and 4 withdrew for various
reasons.
However, our visitors, appreciation of our helpful, infommtive and knowledgeable volunteers remains undimmed.
Volunteer Invofvemanl was essential lo the growth of OUT public Programme. From April 2025. volunteer leams
were coordinated across sleamlng days. guided tours and special events. while a¢Jdttional volunteers were
gncouraged and supported lo tske on fronl-of-house and guiding roles. particularty for the new Sunday tour
programme.
Regular communication and practical support helped volunteers contribute effectively during an exceptionally
busy year. Planning also began for refreshed induction arrangements. clearer volunteer information and more
¢onsislent training and devolopment opportunities.
Corporate and community voluntÈ8r days continued to add valuable capaaly. Support from Network Rail, AWE
and Ford enablèd the rai￿¥aY team to renew three sections of track safely. alongside wider work to improve the
site and visitor exper6ence.
Wg continued to strengthen links wlh other induslrial heritage organisabons. induding Wamhamslow
Pumphouse, Markfield Beam Engbnes, Kempton, the London Museum of Water and Steam and Claymblls. These
r8lationships cre21ed opportunllies to &xch8nge knowledge, share experience and supput the development of
specialist skills.
We 8re very sad lo report the death of two long serving volunteers, Paul Watson and Tony ￿￿rn, during this
financial year.
Page 2

CROSSNESS ENGINES TRUST
(A Company Llmltsd by Guarants¢)
CHAIR'S STATEMENT ICONTINUEDI
FOR THE YEAR ENDED 31 OCTOBER 2025
Health and Safety
other than ongoing training {as outline above). there have been no slgnSflcanl health and safety issues
experlenced during Ihe year.
Conservation
Conservation and restoration work on the engine Victoria has been ongoing during the year. More generally il
has become clear that conservatr'on and ongoing maintenance of building fabric across the 5iie will require
significant financial antl other resources and some preliminary planning has been undertaken to address this
challenge.
Colle¢tlon$
Achtevements 202412025
Archive Tours continued to be popular with 401 attendees.
Eight rosearchers ￿nsulted archive material.
Thè organisation. rehousing. cataloguing and adding lo Modes. of the CET administrative papers.
IncludiNJ Board and Committee Minutes. has been accessioned and will now be updated by the futur8 minutes.
25 artefacts were added to the collection including a sel of five rock cups donated by Tideway, 3 bedpans
donated by the Florence Nightingale Museum and a maquettg of the Sir Joseph Bazalgette statue which is
installed al Aclon (being the we51ern exlenl of the Tideway Super Sgwerl donated by Sir Peler Bazaigette
Th8 art&fact index card catalogue is continuing lo be added to Modès_
Th8 daughter of a sadly deceased Crossness volunteer kindty donated his large colleclion of Crossness
paperworklbooks whlch has been sorted and accessioned. where approprlale.
The Collections D8velopmont Pollcy was updated and approved by the Board.
Our archivist and Archives team lewjer Alexandra Sullivan stood down as a volunteer in earfy 2026 to pursue
other opportun￿eS and we were sad lo say goodbye lo someone who contrib￿ed so much lo the strong basis on
which the Archives and Colledions al Crossness now stands. The board expresses ils thanks lo h8r for this
contributi￿.
Royal Arsenal Narrow Gaug• Railway
During the cakndar year 2025. RANG In¢re8sed the number of trips operated by 50.kn to 2488 or 618 miles,
quivalenl to a trip from London lo the Scottlsh border and back. The locomotivé and COBch8s had a 100%
mechanical reliab￿lty record but ￿th th8 engine now 40 yèars old, an adve search for a suitable back-up
locomots.ve contlnues - so far without su¢cgss givgn the low numbers of suitable bcomollves being put up f
sale elsewhere.
RANG conllnue(I to adhere to Ils planned priorltisation of improving the visitor experience. Anecdotal evidence
from visitors suggèsts that the availability ol a Irain-ride enhances the enjoyment of the experience of Crossnes5
as a whole.
The mo$1 $ignificanl infrastructure job linked to visilor-experience improvement during the year involved the
relaying ol the Crossness Lower railway platform. Following a realisalion that the Eddie's Rest platform surface
was becorning unsuitable for wheelchairs and children's buggi8s. r6s0urc6s h8ve now been put in pla¢8 to relay
the Eddie's Rest plaffom lo a similar high standard. Elsewhere. major work has beèn un¢Jert8ken on refurbishing
the Memorial Garden and the Eddie's Rest growing-ar8as including the refurbishment of life-expSred equipment
donated by third partles. Community Volunteer Days offered by Ne￿ork Rail. AWE and Ford enablèd thè railway
to safely renew three track pan81s.
In the year ending 31 Odober 2025, delivery ol tr10 40. second-hand shipping wnlainors and the removal of a
wall behind the roller shutter enabled the team to signifrcanty ¢lean-LJP the loco shed and sU￿oUnd1ngs. Further
plans involve moving the third coach insidè the shed enabling a start lo be made on restoration. Space is also
teing freed up within the shed for a small exhibit*)n on the histcry of rallw8ys at Crossness.
Page 3

CROSSNESS ENGINES TRUST
IA Company Llmlt•d by Guarant••l
CHAIR'S STATEMENT {CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
Lgarnlng and Engaggment
Our Leaming and Inlerpratslion Manager, Laura, led 23 visits from s¢hiK)Is and other organised groups of
childr8n. including Scouting Groups and the local Children's Cent￿, ranging in ages from 5 to 18. Over 650
children and young people visited in total, touring the site and participating in activities includlng testing water
fillers, building electric circuils. and handling Victorian artefacls. There were also 19 visits from FE colleges and
universities, totalling over 300 students from a diverse range of subjects including pbJmbing. engineerlng, public
health and urban sustainability.
Crossn&ss hosted fiva wort 8xperi&nc8 students from four drfferenl schools, who were given th8 opportunity to
gain experience in 8ngin8ering, marketing. event planning and curation. Laura also vislled three primary schools
to run leaming sesslons about Crossness os part of the Children's Universty.
In March 2025 the digital guide lo Crossness was launched on the Bloomberg Connects App, wtth a wide rango
of contsnl includSng an audio lour about thg opening day ceremony. This lour was recognised by the team at
Bloomberg Conne¢ts as being of a very high standard, and Laura was invited lo be a guest on a webinar on how
to create engaging content. To date the guide has been downloaded by over 4.500 u5er5 and opened over
7,000 times. Laura also appeared as a guest on an episode of the National Trusvs 'Back When. podcast about
the Great Slink. and as a panellist for arb undergr8duatg project on sewage syEtems for the UCL Engineerir
Department.
In October 2025 Crossnèss Pumping Station was transformed into Cro$snes$ Pumpkin Ststhon for 8 speckql
children's Halloween event. with a ghost train staffed by zombies and spooky stories in the Beam Engine House.
Thls event attracted around 100 family visitors, and along wllh events such as Live History and the Thames
Festival, opened up the sile to a differerrt demographic than our regular opening days.
Alongslde working lo grow the number of educational vi51ts, Laura Is develq)Ing further content for the digital
guiée, and leading the Exhibitions Group to update and refresh our current exhibitions and cr88te ones.
particularty around Ihe s￿181 history of Crossness.
Vl$lior Servlces
Visitor development and public engagement grew strongty durfng 2024-25. alongside a major focus on achieving
Arts Council England Museum Accreditation. The Accreditation submission was delivered in October 2025,
bringing lo98ther accoss plannlng. audience development work. govemance material and core policies. Thls
process has significantly Strengthenod Crossngss's organlsational framework and sel clearer priorities for future
visitor experience, collections managewnent, inlerpretallon and public programming.
Visitor numbers reached 12.750. a 16% increase on the previous year, supported ty a b￿ader events
programme. improved visitor communications and the development of rewlar Sunday guided tours.
The year's programme included the 160th Anniversary weekend, Thame5 Water Cownmunily Day. Mhairi Vari's
Soulhem Outfall. Live History, Totally Thames Festival events and the children's Halloween event. Outreach
and partnership activity includèd Th8mesmead Festival taster tours, Thames Water community engagement.
phologTaphy walks wlth Amanda Ea￿ell, and continued work with organisations including Thames Fast￿1
Tnjst, Bow Arts, Thames Water and other industrial heritage sites.
Visitor experience improvements included improvetl visltor communlcations, updated online content and stronger
Use ￿ visitor feedback to Sha￿ a¢¢ess and audience devèlopment planning. This wotl( helped move Crossness
towards a more evidence-led approach to welcomlng vlsilors. idenlity'ng baniers and planning future
improvements.
Opefabonal improv8mgnts included the implementation of the Visisoft ticketing and POS syEt8m, improving the
b¢x)king process, reporting and Girt compliance, alongside more professional and Consistent marketing
maleri81s and digit81 content.
Page 4

CROSSNESS ENGINES TRUST
IA Company Limit•d by Guarantw)
CHAIR'S STATEMENT ICONTINUEDI
FOR THE YEAR ENDED 31 OCTOBER 2025
Flnancg
Financial performance has continued to improve with income from open dayE, group visits. guided tours and
events organised for photography groups and filming hire shows continuing growth.
In terms of expenditure the highest oullays have been on building maintenance, Insurance, IT and telephony and
the purchase of shop slod(.
Res8rv•s Policy
.As part of a general review of polides in the ￿ntext of progressing towards Museum Accredltatlon we are
currently implementing an annual revlew of our reserves policy and what it should cover. The current vlèw is that
we should aim to hold sufficlenl funds to cover..
Routin& rnnning Costs lor six months.,
unplanned essential repairs.,
redundancy pa￿￿ents.
For 2025 this figure amounted to around £97,000
Membershlp
Whi19 we are ahvays pleased lo welcome new members, those we10se by non-renewal are always a matter of
regret. As bfjfore. the majority are for understandable ￿aSOnS - illness, death and loss of int8rest by moving
8way, into r@s￿6n11a1 care or the escalating health needs of famity wEmbers or, for some. a ￿tUrn lo paid work.
A further reason is the loss of contact through changes of postal or email address and phone numbers, despits
follow-ups by all avall8bl8 rneans.
During the year ¢urrenlly under review, we attracted 40 naw members but sadty. lost 58 of whom 28 merely did
not renèw their membership.
Curront m•mbfrrshlp (as at July 2026)
TYPE OF MEMBERSHIP
Honorary Lrfe
Life
Individual
Family
Senior Cit12en
Sènior Life
Unwaged
Student
Reciprocal organisalions
TOTALS
Children lunder 16) (free)
GRAND TOTALS
of aduli membership
2.41
2.63
14.25
10.09
43.86
22.59
0.89
0.43
2.85
100
11
12
65
46
200
103
13
456
462
Page 5

CROSSNESS ENGINES TRUST
(A Company Llmllod by Guaran1••)
CHAIR'S STATEMENT {CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
Communlutlons and mark•tlng
CommunicalK)ns and marketing supported a broader and more varied public programme during the yeaT. We
St￿ ngthened websile and pre-visit informotion. maintained regular social media promotion and produced more
consistent posters, flyers, videos and other mal8rials for open days. guided tours and special events.
Major comrnunicatlons projects included promotional VKleos for the Victorian summer event a￿1 Halloween
famity day. a bcoklet marking the 160th anniversary of Crossness. and content for tho new Bloomberg Connects
digital guide. Bloomberg also provided us wth bts of marketing rnaterial Iposlors, postcards. bookmarks, etcl
which helped us markot the museum more eff8Ctivety alongside their app. The introduction of the Visisoft
licketSng system also improved online evènt information, booking. Gift Aid administration and reportlng.
Community engagement
Communlty ewagement focused on building stronger links with local residents and partner organisations.
ActNity included free taster tours at the Thamesmead Festival, support for the Thames Water Community Day
and photography walks delwered with a10¢81 photographer through the Thamesmead Community Fund.
Parbiership working also helped Crossness reach new audiences through ￿ events with the Thames Festival
Twst.. A Very Vi¢￿an Outing by the River and the Conduit jazz performance in the Beam Engine House. Both
demonslraled the potential of combining the $ile's irKlustrial heritage with cultural programming.
We also Continued to develop relationships with organisations inckjding Peabody, Bow Arts. Th8me8 Water, the
Thames Festival Trusl and other Industrial herflage sites, while beginning discussions with the London Fèstival
of Architecture. These Connections supported outreach. shared leaming and the development of future events
arKI collaborations.
Future plan$
A number of key octivilies have been identified as part of the goveman¢e work for thg futurg. In short th8se are..
Complgte th& rgview of the membership for implementation of the new scheme in the next financial year.
Undertake a complete condition survey of the main three bulldlngs wllh a vlew to preparing for major
funding tids.
Conslder ways to increase the museum's opening hours and reach to the local community.
Bggln to Consult with Historic England arHI othw funders over future grant applications.
Identify new specialist Irusle8 skills. particularly around heakh and safety.
Sarah Beawck
Chair of Trustees
Date: 28 August 2026
Page 6

CROSSNESS ENGINES TRUST
{A Company Limit•d by Guarant••>
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 OCTOBER 2025
The Tnjslees present thelr annual report together wilh the financial statements of the Chartty for the 1 November
2023 to 31 October 2024. The Annual Report serves the purposes of both a TTuslees' report and a diTeclors'
report under company law. The Trustees confirm that the Annual Report and financlal ststom¢nts of th
charitsble company comply wilh th8 current stslutory requirements, the rgquiremenls of the charitable eompanls
goveming document and the provisions of the Statement of Rècommended Practi￿ {SORPI applicable to
charikn'es preparing their accounts in accordance ￿th the Flnancial Reporting Slandard applicable in the UK and
Republic of Ireland {FRS102) (effective 1 January 2019).
Since the Charfty qualrfies a$ $mall under section 382 of the Companies Act 2006, the Strategic Report required
of medium and large companies untler the Companies Ad 2006 (Strategic Report and Directots, Report}
Regulations 2013 has been omitted.
• Polkl¢s and obl•¢tlv•s
The prindpal obSecllve of the company is to conserve, maintain. document. interpret and explaln, for the benefft
of the public, the buildings, engines and suThounding land of the Southern Ourfall of the Victorian sewer system
developed by Sir Joseph Bazalgette.
In setling objectives and planning for aclivrhes, the Trustees have given due ¢￿Sideration to general guidance
published by the Charity Commission relaling to publlc benefit, Sncludkng the gutdance 'Public benfrfft.. running
charfty IPB21
Golng concèrn
After making appropriate ènquiries, the Trustees have 8 reasonable expectation that the Charity has adequate
resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt
the going Concern basis in preparing the financial staltsments. Further details regarding the a(knplion of the going
¢0￿M basis can b8 found in the aC￿￿ntIng policies.
Structure. goveman¢e and management
• Constftutlon
Cr055ness Engines Twst is registered os a charitable company limited by guarantee and was set up by a
Memorandum of Assoclalion on 22 June 1987 and subsequently amended on 06 June 1999.
Method$ of appolntmont or •l¢¢tlon of Tru$tses
The management of the Charity is tho responsibility of the Trustees who are eleded and co-opted under th6
terms of the Memorandum of Association.
Page 7

CROSSNESS ENGINES TRUST
(A Company Llmllod by Guaranlge)
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
statomonl of Tru$t90$' rg$ponslbllStl•$
The Trustees (who are also the direclors of Ihe Charity for the purposes of company18w) are responslble for
preparing the Trustees, Report and thè financial statements in accordance wf(h applicab￿ law 8Th1 United
Kingdom Accounting Standards Iunited Ki'ngdom Generally Accepted Accounting Practice).
Ct)mpany law requires Ihg Trusloes to prepare financial slalements for each financial . UrKler company law, the
Trustees must not approve the financial statements unless they are satisfied that they glve a true and fair view of
th8 State of affairs of the Charity and of tts incoming resources and application of resources. including ils income
and expenditure, for that period. In proparing these financial stslernents, the Trustees are required to-.
select suitable accounting policies and then apply thom ￿SIS1en11￿.
obsewve the methods and principlos of the Charitios SORP IFRS 102)-
mak8 judgments and accountlng eslimales that are reasonable aml prudent.,
state whèther applicable UK Accounting Stsndords IFRS 1021 have been followed, subject to any material
departures disclosed and explained in the financial statements.
prepare the financial statements on tho going concern basis unless it is inapproprrate to prèsume that the
Charity will continue in business.
The Trustees are responslblè for keeplng adequate accounllng records that are sufflclenl to show and explaln
the CharFtys transadions an4 disclose with r8asonabl8 accuracy al any lime the financial position of the Charity
and enable them to ensur8 Ihat the financlal stalem8nts comply wlh the Comp8niès Act 2006. They are also
responsible for safeguarding the assets of Ihe Charity and hence lor takiro reasonable steps for the preven￿ft
and detection of fraud and other irregularilies.
Approved by order of the member8 of the board of Trustees and signed on thelr behalf by.
Sarah 8oa¢ock
Chair of Trustees
Date: 26 August 2026
Page 8

CROSSNESS ENGINES TRUST
(A Company Llmltfjd by Guaranto•1
INDEPENDENT EXAAIINER'S REPORT
FOR THE YEAR ENDED 31 OCTOBER 2025
Indopendent •xamln*s report to the Tru$tg9s of Crossness Englnos Tru$t1lho Charity'l
We report to the chanty Trustees on our examination of the accounts of the Charity for the year ended 31
October 2025.
Rosponslbllltles and ba$1$ of roport
As the Trustees of the Charity land its directors for Ihe purposes of company lawl you are responsible for the
prepara￿On of the at￿unIS in accordance wth the requirements of the Companies Act 20061'the 2006 Acf l.
Having satisfied ourselves that thè accounts of tho Charity ar8 not requlred lo be audrt8d under Part 16 of the
2006 A¢1 and are eligible for independent examination, we report in respect of our examination of the Charivs
accounts carried out under sectSon 145 of the Charities Act 2011 I'lhe 2011 Act'}. In carrwng out our examination
we have followed the DireclKJns glven by the Charity Commission under section 145{5llbl of the 2011 Act.
Independent exarnlnerfs 8tattment
Since the Chariws gross income exceeded £250,OOD your examiner musl be a member of a body listed in
section 145 of the 2011 Act. We confirm that we are qualrfied to undertake the examination because we are a
member of The Insliluts of Chartered A￿)untantS in England & Wales. whlch Is one of the Ilsled bodles.
We have completed our examination. We confirm that no matters have corne to our attention in connection with
the examination giving u5 cause lo believe..
accounting recor(Js were rK)t kept in respect of the Charlty as r8qulred by sectSon 386 of Ihe 2006 Art or
the accounts flo not accLYd with those records,. or
thg accounts do not compty wKh the accounting requirements of $8ctior1 396 of the 2006 Act other than
any requirement that tho accounts givfy a Iru& and fair. view which is not a matter consideretl as part of
an independent examinalK)n- or
the accoun15 have not been prepared in a¢¢ordance wlh the m8thods and principles of the Ststement of
Recommended Practice for a¢counth"ng and rÈpO￿n9 by charitiès lapplicable to charities preparlng their
accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of
Irel8nd {FRS 10211.
We have no con¢gms and have ￿me across no olh8r matters in connection with the examlnation lo which
attention shoukl be drawn in this report in order lo enable a proper urbderslanding of the accounts to be reached.
Signed. SW
Stephen M Fryer
Hedley Dunk Llmltsd Va X•inadin
Accountants
Dated". 17 I#*1￿>
FCA
Page 9

CROSSNESS ENGINES TRUST
{A Ct)mpany Limitod by Guarant••)
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOIAE AND EXPENDITURE ACCOUNn
FOR THE YEAR ENDED 31 OCTOBER 2025
Unr•gtricted
funds Restricted funds
2025
2025
Totsl
funds
2025
Total
nds
2024
Note
Incomè from:
Donations and legacies
Charitable activities
Other trading activlties
Investments
46.983
294.099
29.745
3.465
2,000
48,983
294,099
29,745
3.465
44.837
230,693
26,561
2,264
Total in¢om•
374.292
2,000
376,292
304.355
Expèndlturn on:
Ch8ritable aetivities
255.988
50.422
306,410
239,785
Total expenditure
255.988
50.422
306.410
239,785
Net movement In funds
118.304
148.4221
69,882
64,570
Reconciliation Df funds:
Total funds brought fornard
Net movement in funds
310.217
118.304
1.441.729
148.4221
1.751.946
69.882
1.687.376
64.570
Tolal fvnd$ urrled forward
428,521
1,393,307
1,821.828
1,751,946
The Statement of financi81 aclivllies inclutles all gains and losses recognised in the year.
The note$ on pages 12 to 22 form part of Ihesg financial stat8monts.
Page 10

CROSSNESS ENGINES TRUST
(A Company Llmlted by Guarantee)
REGISTERED NUMBER: 02141756
BALANCE SHEET
AS AT 31 OCTOBER 2025
2025
2024
Note
Fixed assets
Tangible a$sels
13
t,453,607
1.491,423
1.453.607
1.491.423
Current assets
Stocks
Debtors
Cash at bank and in hand
14
15
38,394
49.860
298.937
32.752
18,808
228,249
387.191
279,809
Curr•nt liabilities
Creditors.. amounts falling du8 within one
year
16
{18,970)
{19,2861
Net curTent assets
368,221
260,523
Total assets less current Ilabllltles
1,821,828
1.751,946
Net assèts ex¢ludlng ponslon asset
1.821.828
1,751,946
Totsl n•t assets
1,821.828
1.751,946
Charfty funds
Reslrlcted funds
Unrestricted frjnds
18
18
1.393,307
428,521
1,441,729
310.217
Total funds
1,821,828
1,751,946
The Charty wds entitled to exemption from audit under section 477 of th8 Companies Act 2006.
The memb8rs have not required the company to obtain an audit for the year In question in a￿ordanCe with
section 476 of Companies Act 2006.
The TTUStee$ acknowledge their responsibilities for complying wlh the reqU1￿ments of the Act with respect to
accounting records and preparation of financial 8tatemenl8.
The financial statements have been Prepared in accordance wFth the provisions applicabl8 to entili&s subj8Ct to
the small companies regi￿.
The financl81 ststements were approved and authorised for issue by the Trustees on 26 August 2026 and signed
on their behalf by..
S Beacock
Chalr of Trustees
The notes on pages 12 to 22 form part of these financial slatements.
Page 11

CROSSNESS ENGINES TRUST
IA Company Limit•d by Guarant•o>
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025
Gonoral Inft*m)atlon
The Crossness En9ines Trust is a charitsble Gompany limitgd by guarantee registered and domiciled In
the UK. Il's principal place of business is the same as its registered office and Is shown in the company
Informallon. The principal objective of the company is lo conserve, maintain, document, inlerpret and
expbain, for the benefit of the public, the buildings, èngines and surrounding land of the Southem Outfall of
the Victorian sewer system developed by Sir Joseph Bazalgette.
A¢countlng poll¢le$
2.1 Basis of prep4r•tlon of flnan¢lal st•t•m•nts
The financial slalements have been prepared In accordance wllh the Charflies SORP IFRS 1021-
Accounling and Reporting by Charities.. Statement of Recommended Practice applicable to chariti8S
preparing their accounts in accordanc8 with thè Financial Reporting Standard applicablè in the UK
and Republic of Ireland {FRS 1021 (effective 1 January 2015}, the Financial Reporting Standard
applicable in the UK and Republlc of Ireland IFRS 1021 and the Companles Ad 2006.
The Crossness Engines Trust meets the definition of a public benefit enthty under FRS 102. Assets
and liabilities are initially r¥cognised at historical cost or transaction value unless otheMis8 stated li
the relevant accounling policy.
2.2 Income
All income is recognised once the Charity has entitlement lo the income, it is probable that the
income will be received and the amount of income receivable can be measured reliabty-
The rècognltion of income from 18ga¢ies is dependent on ostablishing 8ntrttBment. the probabllity of
recelpt and the ability to estimate with sufficienl accuracy the amount receivable. Evidenc8 of
entitlement to a legacy exists when the Charity has sufficient evid8n¢e that a gift has been left lo
them (through knowledge of the existence of 8 valid wll and the death of the benefactor) and the
executor is satisfied that the propety in question will not be ￿qUired lo satisfy clalms in the estate.
Receipt of a legacy must be recognised when il is probable that it will be re￿iVed and the fair value
of the amount receivable. which will generally be the expected cash amount lo be distributed to the
Charity. can be reliably measured.
Grants are included in the Statement of Financial Activities on a receivable basis. The balance of
incomo receivgd for specific purposes but not expended during the period is shovm in the relevant
funds on the Balance Shget. Where income is received In advance of enlidemenl of recelpt. Its
recognition is deferred and Sncluded In Grgdilors as deferred ineomo. Where entluemenl occurs
before income Is recelved, the income is accnJ8d.
Income tax recoverable in relation lo Investment income Is recosmised al the time the imiestfflenl
income is ￿ceivable.
2.3 Expendilurn
Expenditure is recognised once the￿ is a legal or conslruclive obligation to transfer economic b￿￿fit
to a third party, il is probable that a Iransfer of economic benefrts will be required in settlement and
the amount of the obligation can bo measured reliably. Expenditure is classified by activity. The costs
of each activity are rwbade up of the total of dir8ct costs and shared costs, induding support costs
involved in undertaking each activity. Direct costs attributable to a single activity are allocat8d direcuy
trj that activity. Shared costs whlch contribute to more than one activity and support costs whlch are
not attributable lo a single activity are apportioned be￿een those aclivilios on a basis consistent with
the use of resources. Central staff costs are allocated on the basls of time spent, and depreciation
chaiy&s allocaled on the portion of the asset's use.
Page 12

CROSSNESS ENGINES TRUST
(A Company Lirnitod by Guarantt61
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025
Accountlng pollcles (continued)
2.3 Expendlture {¢ontlnued)
Expenditure on charitable a¢tNities is incurred on dire¢Uy undertaking the activrlies whKh further the
Charitys objectives. as well as any 88so¢ialed 8UPPOrt costs.
All expendliure is in¢lu$ivo of itrecoverable VAT.
2.4 Tangible flxed •$sets ¥nd deprèelatlon
Tangible fixed as5els are inltially recognisèd at cost. After recognllion, under the cost model, tangible
rLxed assets are measured at cost loss a¢¢umulated depreciation and any accumLTrlaled Impaim)enl
bsses. All costs incurred lo bring a tangiblo fix&d asset into its intended working condition should be
included in the measurement of cost.
DeprecSalion is charged so as lo allocate the cost of tangible fixed assels less thelr resldual value
over their esllm8ted usgful lives.
Depreciation is provided on the following basis:
Long-teTm leasehold propety
Plant and machinery
2% straight line
at varying rates lo renect asset's useful
gconomic life from 5- 20%
2.5 stocks
Slo¢ks are valued at the lower of cost and net realisable value after making due allowance for
L*>solete and slow-moviThJ stocks. Cost in¢ludes all dired costs and an appropriate proporknon of fixed
and variable overheads.
2.6 Dobtors
Trade and other debtors are recognised at the settlement amount after any trade discount offered.
Prepayments ar8 valued al the amount prepaid nel of any trade discounts due.
2.7 Cash at bank and In hand
Cash al bank and in hand inclLKles cash and short-lem highly liquid investmenls with a short maturity
of three months or less from the date of acquisition or opening of the deposit or similar account.
2.8 Llabllllles and provl$lons
Liabilities are reGognised when thera is an obligation al the Balance Sheet dale as a ￿$￿It of 8 P8St
event, it is probable that a Ir8nsfer of eo)nomi¢ benefit will ￿ required in settlement. and the amunl
of the settlement can be estbmated relSably.
LiabilIt￿S are recognised at the amount that the Charity anticipates It will pay to settl8 thg debt or the
ount it has recetved as advanced payments for the goods or services il must provid8.
Prov(sSons are measured at the best estimate of the amounts required lo setue the obligation. Where
the effecl of the time valu8 ol mon8y is material. the provision is based on the present value of IIKJse
amounts, discounted at the pre4ax discount rate that reflects the risks specific lo the liability. The
unwindiro of the discount is recognised in the Statement of Finarbcial Activities a3 a finance wsl.
Page 13

CROSSNESS ENGINES TRUST
IA Company Llmltèd by Guarantso}
NOTES TO THE FINANCIAL STATEPAENTS
FOR THE YEAR ENDED 31 OCTOBER 2025
Accounting policies {continuedl
2.9 Flnan¢lal instrumènts
The Charfty only has financial assets and finanGial liabilities of a kind that qualify as basic financial
inslrurnents. Basic financial instruments are initially re¢ognisod al transaction value and subsequently
measured al their settlement value with the exception of bank loans which are subsequently
measured al amortised cost using the effective interest Method.
2.10 Pensions
The ChaFity operates a defined contdbullon pension schemè and Ihe pension charg8 r8pres8nts the
amounts payable by the Charity to the fund in respect of the year.
2.11 Fund accountlng
General funds are unreslricled funds whith aTe available for use al the discretion of the Trustges in
furtherance of the general objeth'ves of the Charity and which have not been design3t8d for other
purposes.
Restricted funds are funds which are lo be used in accordance with specific restrictions imposed by
donors or which have been raised by the Charity for parts¢ular purposes. The costs of raising and
administering such funds are charged against the spectfic fund. The aim and usa of 8ach r8slricted
fund Is sgt out in th8 notgs lo the financial slatemènls.
Investrnent Income. gains and losses are allocated to the appropriate lund.
In¢¢mg from donations and legacies
Unre51ricted
funds
2025
Re$tri¢te¢J
funds
2025
Total
futvjs
2025
Totsl
funds
2024
Donations
46,983
46,983
27,730
17,107
L￿aCleS
Grants
2,000
2,000
Total 2025
46.983
2,000
48,983
44,837
Incom• from ¢harftabl? actlvltlos
Unrestricted
funds
2025
Totsl
funds
2025
Total
fvnds
2024
Restoration and maintenance of building and engines
294.099
294,099
230,693
Page 14

CROSSNESS ENGINES TRUST
IA Compèry Llmlted by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025
In￿Stmant Incom•
Unre8trir*ed
funds
2025
TotAI
funds
2025
Total
funds
2024
Bank Interest received
3.465
3,465
2,264
Anaty$S$ of exPendI￿re on charltable actlvltles
Summary byfund typ•
Vnre$tri¢ted
funds
2025
Re5trited
funds
202S
Total
2025
Total
2024
Restoration and maintenance of building and
englnes
255,988
50,422
306,410
239,785
Analysis of •xpenditure by a¢tlvltles
Activities
undertakon
directly Support costs
2025
2025
Ttsial
fvnds
2025
Total
funds
2024
Reslordtion and malntenance of bulldlng ond
ngines
300.278
6,132
306.410
239,785
Page 15

CROSSNESS ENGINES TRUST
IA Company Limited by Guarant••)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025
Analysls ol expendlture by activitios (continu•dl
Analysi5 of dlrocl costs
Restoration
and
m8lntenance
of building 8nd
engin8s
Tolal
fund¥
2025
Total
funds
2024
2025
Staff o)sls
Depreciation
Purchases
Site tscililies and operational costs
Health and safely costs
Office costs
Le9al fees
Marketing and publicity
48.432
59.398
45.297
112,000
8,708
24,905
1.510
48.432
59.398
45.297
112,000
8,708
24,￿5
1,510
25,151
56,495
4S,972
88,400
2.526
14.489
1,259
873
Totsl 2025
300,278
300,278
235.165
Analysis of support ¢o$ts
Restoration
8nd
mainlenan¢e
of buikling and
engines
Total
lunds
2025
Totsl
fund5
2024
2025
Other professional feès
6,132
6,132
4,620
Total 2024
4,620
4.620
Independent examinorf¥ remuneration
The intlependenl examiner's remuneratlon amounts lo an Independent examiner fee of £4.62D {2024
£4.2001.
Page 16

CROSSNESS EMGINES TRUST
IA Company Llmltsd by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025
Staff costs
2025
2024
Wages and salaries
ContribLrtion lo definèd contribulion pension schemes
47.385
1,047
24.733
418
48,432
25,151
The avgrage number of person5 emphjyed by the Charity during tho year was as follows..
202S
2024
No.
Staff
No employee recewed remuneration amounting lo more than £60,000 in either year.
10.
Pension commitm•nts
The company operates a defined contributions pension scheme. The assets of the stheme are hehj
separately from thos8 of the company in an independently administered fund. The pension cost charg•
represents contributions payable by the Company to the fund and amounted to £1,047 {2024 £4181}.
ContribulK>ns tolalling £290 {2024 - £270) were payable lo the fund at the balance sh661 dat8 and are
Incluéed in creditors.
11. Operating lease commitments
At 31 October 2025 the Charity had commitments to make future minlmum lease pa￿nents Ur￿er non-
canc8llable operaling loasos as follows..
2025
2024
Not later than 1 year
Later than 1 year an(J not later than 5 years
1,560
2,340
3,357
9,620
3,900
12.977
Page 17

CROSSNESS ENGINES TRUST
(A Company Llmlted by Guarant••l
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025
12. Trustees. remun•ratlon and oxpens
During the year, no Trustees rèceived any rtsmuneratlon or other benefits (2024 - £NIL).
During the year ended 31 October 2025, expenses were reimbursed or paid directly to 6 Trustees12024 -
to 4 TTUStee5} broken dovffl as follows:
2025
2024
Catering
Health and safety costs
General office expgns9S
5.090
1.066
3.395
5,526
1.257
4,140
9.551
10.923
13. T•nglblg flx•d ass•ts
Long-lerm
leasehold
property
Plant and
machin8ry
Tolal
Cost or valuation
At 1 November 2024
Additions
1.983.047
387.351
21.582
2.370,398
21,582
At 31 October 2025
1.983.047
408.933
2.391.980
Deprèeiation
At 1 November 2024
Charge for the year
584,822
39.661
294,153
19,737
878,975
59,398
Al 31 October 2025
624.483
313.890
938,373
N•t book value
At 31 October 2025
1.358.564
95.043
1.453,607
At 31 October 2024
1.398,225
93.198
1.491.423
14. Stocks
2025
2024
Finished gwds and goods for resale
38,394
32,752
Page 18

CROSSNESS ENGINES TRUST
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025
15. Debtors
2025
2024
Du• within on• yoar
Trade debtors
17,937
13.683
3,625
1,500
Prepayments and accrued Income
Tax recoverable
28.688
49.860
18,808
16. Cr•dltors: Amounts falling due wtthin one year
2025
2024
Trade creditors
Other taxation and Sodal secur6ty
Pension fund loan payable
Accruals and deferred Income
11,648
900
290
14,396
270
6,132
4,620
18.970
19,286
17. Corrtingent liabilities
The Heritage Lottery Fund grante¢J monies for resloration works. Temis of the grant included a charge
over the leasehold propety. The charge remains foi 25 years from 13 Jun8 2008. under the temis of the
charge all or part of the grant can becoma repayable.
Pag8 19

CROSSNESS ENGINES TRUST
(A Company Llmlted by Guarantse}
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 34 OCTOBER 2025
18. Ststemont of funds
statement of funds - current year
Balance at 1
November
2024
Balance al
31 October
2025
Income Expendilur&
Unrestricted funds
Gen8rn1 Funds
310,217
374,292
1255,9881
428,521
Restrlcted fund8
Low Carbon Programmè
Restoration Proj8Ct
Cory Communlty Fund
43,504
1,398.225
(9.2391
34,265
139,6611 1,358,564
11.5221
478
2,000
1,441,729
2,000
{50,4221
1,393,307
Total ol funds
1,751,946
376,292
1306,4101 1.821,828
Low Carbon Pro ramme
Instsllation of a biomass boiler lo provide healing and hot water in rnain buildings.
NLHF COVID Emer
enc
Support for the Trust through the Cowd pandemic Irom the National Lottery Heritage Fund. Programm8
Jmpleled wllhln the grant amount and residug retsingd by NLHF.
Lgarnin
and Outreach Fund
Provision of improved audio-vi8ual facillies.
Co Communil Fund
Promslon of Improved audlo-vlsual faclllbes.
Restoration Pro
A major project lo improve visitor facilities, undertake essential building maintenance, Install an exhibltSon
and undertake some landscaping work.
Thls Heritage Lottery Fund-supported capital project is ￿Mplete. The balance on the restricted fund doès
not represent grant cash remaining to be spent. It r8pr8sents the n8t book value of the caytsl
improvernents lo the lèasehoKI Property originally funded through the ￿$triCted project. The balance is
reduced as depreciation is charged over the useful economic life of the asset. At 31 October 2025 the
Restoration Project furbd of £1.358,564 12024 £1.398,2251 was represented entirely by the nel book
value of the long-term leasehold property. The grant remains subject lo a charge over the leasehold
property for 25 years from 13 June 2008.
Page 20

CROSSNESS ENGINES TRUST
IA Company Llmlted by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025
18. Statement of fund$ (¢ontinutdl
Statement of funds- prlor year
Balanc£ at
1 November
2023
Balance al
31 Octobèr
2024
Transfers
inlout
Income Expenditure
Unrestricted funds
General Funds
153.961
304,355
1162,6441
14,545
310,217
Reslrlcted funds
Low Carbon Programme
Restoration Project
NLHF COVID Emergency
Learning and Outreach Fund
52.748
1,466,122
13.045
1.500
{9,244)
167,8971
43,504
1.398,225
113.0451
(1,5001
1,533,415
177,1411
(14,5451 1,441,729
Totsl of lunds
1.687.376
304.355
1239.785}
1.751,946
19. Summary offunds
Summary of funds . curront ￿ar
Balance at 1
November
2024
Balance al
31 October
2025
Income Exwditure
General fun(J5
Restricled funds
310,217
1.441,729
374.292
2.000
1255,988)
428,521
150.422> 1,393,307
1,751,946
376.292
{306,410}
1.821,82B
Page 21

CROSSNESS ENGINES TRUST
(A Company Llmltsd by Guarantee>
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025
19. Summary of funds (continued)
Summary of funds - prlor year
Balan￿ at
1 November
2023
Balan￿ at
31 October
2024
Transfers
inlout
Income Expenditure
General funds
Restricted funds
153.961
1.533.415
304.355
1162,6441
177,1411
14,545
310.217
114.5451 1,441,729
1,687,376
304,355
1239,7851
1,751,946
20. Related party transactions
The Charity has not entered into any ￿lated paty transaction during the year. nor are there any
outstanding balances owing belween related parties and the Charity al 31 October 2025.
Pag8 22