Company registration number 03105760 (England and Wales) Charity registration number 1049895 (England and Wales)
SOUTH YORKSHIRE TRANSPORT MUSEUM LTD
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
SOUTH YORKSHIRE TRANSPORT MUSEUM LTD
LEGAL AND ADMINISTRATIVE INFORMATION
| Trustees | Mr D Ellis | (Appointed 30 August 2025) |
|---|---|---|
| Mr T A Ding | (Appointed 20 September | |
| 2025) | ||
| Mr K Hague | ||
| Mr H D Osborne | ||
| Mr M Ritchie | (Appointed 5 April 2025) | |
| Mr D Stretton | ||
| Country of incorporation | United Kingdom | 03105760 |
| (England and Wales) | ||
| Charity registration | England and Wales | 1049895 |
| Principal address | Unit 9 | |
| Waddington Way | ||
| Rotherham | ||
| South Yorkshire | ||
| S65 3SH | ||
| Registered office | Unit 9 | |
| Waddington Way | ||
| Rotherham | ||
| South Yorkshire | ||
| S65 3SH | ||
| Independent examiner | Brearley & Co Accountants Limited | |
| 39/43 Bridge Street | ||
| Swinton | ||
| Mexborough | ||
| South Yorkshire | ||
| S64 8AP | ||
| Bankers | TSB Bank | |
| PO Box 453 | ||
| Mitcheldean | ||
| GL14 9LR |
SOUTH YORKSHIRE TRANSPORT MUSEUM LTD
CONTENTS
| Page | |
|---|---|
| Report Of The Trustees report | 1 - 2 |
| Independent examiner's report | 3 |
| Statement of financial activities | 4 |
| Balance sheet | 5 |
| Notes to the financial statements | 6 - 14 |
SOUTH YORKSHIRE TRANSPORT MUSEUM LTD
REPORT OF THE TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 DECEMBER 2025
The trustees present their annual report and financial statements for the year ended 31 December 2025.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)".
Objectives and activities
Objective and aims
The charitable objectives per the governing documents are to advance public education by establishing a permanent display of historic commercial and public carriage vehicles at a museum in South Yorkshire and for like purpose to promote a permanent preservation of all historic commercial and public carriage vehicles. The museum also aims to exhibit any such vehicles and items, as aforesaid, to the public.
The trustees have referred to the guidance in the Charity Commission's general guidance on public benefit when reviewing aims and objectives and in planning future activities.
Public benefit
The activities undertaken for the public benefit include the permanent display of historic vehicles and general items of transport interest. The museum is open to all members of the public, schools visits are arranged to show the pupils the historic, commercial and public carriage vehicles and visits by care in the community organisations are actively encouraged.
Achievements and performance
Significant activities and achievements against objectives
Charitable activities
During the year there has been a steady growth in visitor numbers and a substantial growth in our media exposure. Demand for display space remains strong.
Financial review
Financial Position
During the year, the museum had an increase in funds of £440,772 (2024: £27,929) this increase in funds is largely due to the revaluation of museum owned assets. If it wasn't for the revaluation of the museum owned assets there would've been a reduction in funds of £35,873.
Going concern
In the opinion of the Trustees there are no issues regarding going concern for the medium term.
Reserves policy
The South Yorkshire Transport Museum reserves policy is to ensure that the bank balance does not fall below the amount required to comply with the terms of our PSV operators license. This being £11,600.
At the year end the museum held unrestricted funds and total reserves of £660,012 (2024: £219,240).
Reserves are significantly higher than the reserves policy target due to large legacies in recent years.
Structure, governance and management
Governing document
The company is registered as a company limited by guarantee, without share capital. Its governing instrument is its Memorandum and Articles of Association.
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SOUTH YORKSHIRE TRANSPORT MUSEUM LTD
REPORT OF THE TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:
Mr D C Tummon (Resigned 1 November 2025) Mr D Ellis (Appointed 30 August 2025) Mr T A Ding (Appointed 20 September 2025) Mr K Hague Mr H D Osborne Mr M Ritchie (Appointed 5 April 2025) Mr D Stretton Mr D J Casey (Resigned 20 September 2025) Mr A Tyler (Resigned 30 August 2025)
Recruitment and appointment of trustees
Trustees are appointed for a period of 2 years. Members of the charity are asked for nominations for trustees who are standing down or standing for re-election. Members can submit a postal vote or attend the AGM to vote for those standing.
Organisational structure
There are currently 6 elected trustees who take responsibility for the day to day operation of the Charity.
Mike Ritchie
Mike Ritchie (Jul 27, 2026, 9:56am)
Mr M Ritchie
Trustee
27 July 2026
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SOUTH YORKSHIRE TRANSPORT MUSEUM LTD
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF SOUTH YORKSHIRE TRANSPORT MUSEUM LTD
I report to the trustees on my examination of the financial statements of South Yorkshire Transport Museum Ltd (the charity) for the year ended 31 December 2025.
Responsibilities and basis of report
As the trustees of the charity (and also its directors for the purposes of company law), you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006.
Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the Companies Act 2006 and are eligible for independent examination, I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
1 accounting records were not kept in respect of the charity as required by section 386 of the Companies Act 2006.
-
2 the financial statements do not accord with those records; or
-
3 the financial statements do not comply with the accounting requirements of section 396 of the Companies Act 2006 other than any requirement that the financial statements give a true and fair view, which is not a matter considered as part of an independent examination; or
-
4 the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.
Brearley & Co
Steven Millerchip (Jul 27, 2026, 10:09am) Brearley & Co Accountants Limited 39/43 Bridge Street Swinton Mexborough South Yorkshire S64 8AP 27 July 2026
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SOUTH YORKSHIRE TRANSPORT MUSEUM LTD
STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2025
| Unrestricted Restricted funds funds 2025 2025 Notes £ £ Income from: Donations and legacies 3 23,443 - Museum of transport 4 77,809 6,866 Investments 5 204 - Total income 101,456 6,866 Expenditure on: Museum of transport 6 28,863 5,866 Charitable activities 7 98,906 1,000 Other expenditure 12 9,560 - Total expenditure 137,329 6,866 Net expenditure (35,873) - Other recognised gains and losses: Revaluation of tangible fixed assets 476,645 - Net movement in funds 9 440,772 - Reconciliation of funds: Fund balances at 1 January 2025 219,240 - Fund balances at 31 December 2025 660,012 - |
Total Unrestricted funds 2025 2024 £ £ 23,443 2,335 84,675 112,620 204 - 108,322 114,955 34,729 50,404 99,906 92,480 9,560 - 144,195 142,884 (35,873) (27,929) 476,645 - 440,772 (27,929) 219,240 247,169 660,012 219,240 |
|---|---|
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
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SOUTH YORKSHIRE TRANSPORT MUSEUM LTD
BALANCE SHEET
AS AT 31 DECEMBER 2025
| Notes Fixed assets Tangible assets 14 Heritage assets 15 Current assets Stocks 16 Debtors 17 Cash at bank and in hand Creditors: amounts falling due within one year 18 Net current assets Total assets less current liabilities The funds of the charity Unrestricted funds 19 |
2025 £ 2,164 11,727 125,459 139,350 (4,422) |
£ 6,584 518,500 525,084 134,928 660,012 660,012 660,012 |
2024 £ 100 13,013 159,484 172,597 (2,794) |
£ 7,582 41,855 |
|---|---|---|---|---|
| 49,437 169,803 |
||||
| 219,240 | ||||
| 219,240 | ||||
| 219,240 |
The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 December 2025.
The trustees acknowledge their responsibilities for:
(a) ensuring that the charitable company keeps accounting records that comply with Sections 389 and 387 of the Companies Act 2006 and
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the trustees on 27 July 2026
Mike Ritchie
Mr M RitchieMike Ritchie (Jul 27, 2026, 9:56am) Trustee
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SOUTH YORKSHIRE TRANSPORT MUSEUM LTD
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
1 Accounting policies
Charity information
South Yorkshire Transport Museum Ltd is a private charitable company, limited by guarantee, registered in England and Wales. The company's registered number and registered office address can be found in the Report of the Trustees.
The charity is a public benefit entity.
1.1 Basis of preparation
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FROS 102) (effective 1 January 2019)'. Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of heritage assets and certain financial instruments at fair value. The principal accounting policies adopted are set out below.
1.2 Going concern
At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.
1.4 Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Receipt of a legacy is recognised when evidence of entitlement has been established and it is probable that it will be received. Receipt is normally probable when there has been a grant of probate. The executors have established that there are sufficient assets in the estate, after settling any liabilities to pay the legacy, and any conditions attached to the legacy are either within the control of the charity or have been met.
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SOUTH YORKSHIRE TRANSPORT MUSEUM LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025
1 Accounting policies
(Continued)
Assets for distribution are recognised only when distributed. Assets given for use by the charity are recognised when receivable. Stocks of undistributed donated goods are not valued for balance sheet purposes.
Grants are recognised using the performance model.
Income is not recognised for volunteer time. However the museum has no staff, so is totally dependent on the services of volunteers for all functions.
1.5 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.
Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.
1.6 Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery 10% on reducing balance Computers equipment 33% on reducing balance
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.
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SOUTH YORKSHIRE TRANSPORT MUSEUM LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025
1 Accounting policies
(Continued)
1.7 Heritage assets
The heritage assets held by the charitable company are classic vehicles used for private hire and as a tourist attraction in a museum.
The charitable company acquires heritage assets based on relevant subjects or theme, periods of time and geographic areas which are decided by the board. For example, the board's expressed policy since 2007 has been to increase the proportion of non-bus vehicles.
The charitable company does not own any heritage assets which are not appropriate. The asset would be disposed of should it become inappropriate. This first disposal option to be considered would be to offer it to another museum. If this course is not successful, sale or private gift would be considered. Destruction of the asset would be considered the final option.
Heritage assets are managed and preserved in accordance with the charitable company's Collections Care and Conservation Plan.
The charitable company's Collections Development Policy details the number and type of classic vehicle held.
Heritage assets are held at a revalued amount and are regularly maintained, so are considered to have indefinite useful lives and are therefore not depreciated.
Heritage assets whose fair value can be measured reliably are held under the revaluation model and are carried at a revalued amount. The fair value of the heritage assets is usually considered to be their market value.
Revaluation gains and losses are recognised in other recognised gains and losses and accumulated in equity, except to the extent that a revaluation gain reverses a revaluation loss previously recognised in net income/ (expenditure) or a revaluation loss exceeds the accumulated revaluation gains recognised in equity; such gains and loss are recognised in net income/(expenditure) for the year.
1.8 Impairment of fixed assets
At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).
1.9 Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
1.10 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
1.11 Financial instruments
The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
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SOUTH YORKSHIRE TRANSPORT MUSEUM LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025
1 Accounting policies
(Continued)
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
Basic financial liabilities
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
1.12 Taxation
The charity is exempt from corporation tax on its charitable activities.
1.13 Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
2 Critical accounting estimates and judgements
In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
3 Income from donations and legacies
| Unrestricted | Unrestricted | |
|---|---|---|
| funds | funds | |
| 2025 | 2024 | |
| £ | £ | |
| Donations and gifts | 23,443 | 2,335 |
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SOUTH YORKSHIRE TRANSPORT MUSEUM LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025
4 Income from charitable activities
| Unrestricted Restricted funds funds 2025 2025 £ £ Activity Performance related grants - 6,866 Activity Rent received 18,792 - Exhibit sponsorship 11,211 - Member fees & lottery 1,467 - Fleet hire 1,700 - Open days & visits 11,800 - Other 32,839 - 77,809 6,866 |
Total Unrestricted Restricted funds funds 2025 2024 2024 £ £ £ 6,866 - - 18,792 39,575 - 11,211 7,852 - 1,467 3,489 - 1,700 3,360 - 11,800 2,361 - 32,839 55,983 - 84,675 112,620 - |
Total 2024 £ - 39,575 7,852 3,489 3,360 2,361 55,983 |
|---|---|---|
| 112,620 |
5 Income from investments
| Interest receivable Expenditure on museum of transport Unrestricted Restricted funds funds 2025 2025 £ £ Fundraising and publicity Exhibition costs 3,071 - Heritage buses 15,292 5,866 Advertising 10,500 - 28,863 5,866 |
Unrestricted Unrestricted funds funds 2025 2024 £ £ 204 - Total Unrestricted Restricted Total funds funds 2025 2024 2024 2024 £ £ £ £ 3,071 8,178 - 8,178 21,158 28,206 - 28,206 10,500 14,020 - 14,020 34,729 50,404 - 50,404 |
Unrestricted Unrestricted funds funds 2025 2024 £ £ 204 - Total Unrestricted Restricted Total funds funds 2025 2024 2024 2024 £ £ £ £ 3,071 8,178 - 8,178 21,158 28,206 - 28,206 10,500 14,020 - 14,020 34,729 50,404 - 50,404 |
|---|---|---|
| Total 2024 £ 8,178 28,206 14,020 |
||
| 50,404 |
6 Expenditure on museum of transport
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SOUTH YORKSHIRE TRANSPORT MUSEUM LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025
7 Expenditure on charitable activities
| Direct costs | Direct costs | ||
|---|---|---|---|
| 2025 | 2024 | ||
| £ | £ | ||
| Direct costs | |||
| Depreciation and impairment | 998 | 1,240 | |
| Property expenditure | 14,224 | 11,616 | |
| Sundry expenses | 8,498 | 8,179 | |
| Bank charges | 80 | - | |
| Rent | 70,583 | 70,001 | |
| 94,383 | 91,036 | ||
| Share of support and governance costs (see note 8) | |||
| Governance | 5,523 | 1,444 | |
| 99,906 | 92,480 | ||
| Analysis by fund | |||
| Unrestricted funds | 98,906 | 92,480 | |
| Restricted funds | 1,000 | - | |
| 99,906 | 92,480 | ||
| 8 | Support costs allocated to activities | ||
| 2025 | 2024 | ||
| £ | £ | ||
| Governance costs | 5,523 | 1,444 | |
| Analysed between: | |||
| Direct costs | 5,523 | 1,444 | |
| 9 | Net movement in funds | 2025 | 2024 |
| £ | £ | ||
| The net movement in funds is stated after charging/(crediting): | |||
| Fees payable for the independent examination of the charity's financial | |||
| statements | 1,750 | 1,600 | |
| Depreciation of owned tangible fixed assets | 998 | 1,240 |
10 Trustees
None of the trustees (or any persons connected with them) received any remuneration during the year, but 3 of them were reimbursed a total of £1,341 in property expenditure, parts and other miscellaneous purchases required for the operations of the charity. (2024 - 0 were reimbursed £0).
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SOUTH YORKSHIRE TRANSPORT MUSEUM LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025
11 Employees
| 2025 | 2024 | |
|---|---|---|
| Number | Number | |
| Total | - | - |
There were no employees whose annual remuneration was more than £60,000.
Remuneration of key management personnel
12 Other expenditure
| Unrestricted | Unrestricted | |
|---|---|---|
| funds | funds | |
| 2025 | 2024 | |
| £ | £ | |
| Other expenditure | 9,560 | - |
13 Taxation
The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.
14 Tangible fixed assets
| Plant and machinery Computers equipment £ £ Cost At 1 January 2025 19,578 7,870 At 31 December 2025 19,578 7,870 Depreciation and impairment At 1 January 2025 13,038 6,828 Depreciation charged in the year 654 344 At 31 December 2025 13,692 7,172 Carrying amount At 31 December 2025 5,886 698 At 31 December 2024 6,540 1,042 |
Total £ 27,448 |
|---|---|
| 27,448 | |
| 19,866 998 |
|
| 20,864 | |
| 6,584 | |
| 7,582 |
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SOUTH YORKSHIRE TRANSPORT MUSEUM LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025
15 Heritage assets
| At 1 January 2025 Revaluation At 31 December 2025 |
£ 41,855 476,645 |
|---|---|
| 518,500 |
Heritage assets include buses and other classic vehicles held for private hire and as a tourist attraction in a museum. Further information is detailed in the objectives and activities paragraph of the report of the trustees.
There have been no additions, disposals, donations or impairments of heritage assets during the last 5 years.
| 16 Stocks Unused parts purchased held as stock 17 Debtors Amounts falling due within one year: Trade debtors Other debtors Prepayments and accrued income 18 Creditors: amounts falling due within one year Trade creditors Other creditors Accruals and deferred income |
2025 £ 2,164 2025 £ 352 4,565 6,810 11,727 2025 £ 157 1,043 3,222 4,422 |
2024 £ 100 |
|---|---|---|
| 2024 £ - 5,044 7,969 |
||
| 13,013 | ||
| 2024 £ 758 - 2,036 |
||
| 2,794 |
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SOUTH YORKSHIRE TRANSPORT MUSEUM LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025
19 Unrestricted funds
The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.
| At 1 General funds Revaluation reserve Previous year: At 1 General funds |
January 2025 Incoming resources Resources expended At 31 December 2025 £ £ £ £ 219,240 101,456 (137,329) 183,367 - - - 476,645 January 2024 Incoming resources Resources expended At 31 December 2024 £ £ £ £ 247,169 114,955 (142,884) 219,240 |
|---|---|
20 Operating lease commitments
Lessee
Minimum lease payments under non-cancellable operating leases fall due as follows:
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Within one year | 70,000 | 70,000 |
21 Related party transactions
There were no disclosable related party transactions in either of the years.
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Issuer
Issuer Brearley & Co Accountants Document generated Mon, 27th Jul 2026 9:39:45 BST Document fingerprint cd282c198e985c11ac838bd4e6c4c3e4
Parties involved with this document
Document processed
Party + Fingerprint
| Document processed | Party + Fingerprint |
|---|---|
| Mon, 27th Jul 2026 9:56:58 BST | Mike Ritchie - Signer (d38b6c0675a3d5375458d7fd2bc88449) |
| Mon, 27th Jul 2026 10:09:08 BST | Steven Millerchip - Signer (66493f0bb8914b0a1a52579231c249e0) |
| Audit history log | |
| Date | Action |
| Mon, 27th Jul 2026 9:39:45 BST | Envelope generated with fingerprint bbf2ba7367cb1bf2fcc87b469e0cc391 |
| by biancacorvers@brearleyandco.co.uk (51.140.141.107) | |
| Mon, 27th Jul 2026 9:39:51 BST | Document generated with fingerprint |
| 0112ae6e8c255452d6794612bb414b18 (51.140.141.107) | |
| Mon, 27th Jul 2026 9:39:51 BST | Document generated with fingerprint |
| cd282c198e985c11ac838bd4e6c4c3e4 (51.140.141.107) | |
| Mon, 27th Jul 2026 9:39:51 BST | Document generated with fingerprint |
| 66b78eef051a65582659c1f48e6b2950 (51.140.141.107) | |
| Mon, 27th Jul 2026 9:41:23 BST | Mike Ritchie has been assigned to this envelope. (51.140.141.107) |
| Mon, 27th Jul 2026 9:41:23 BST | Steven Millerchip has been assigned to this envelope. (51.140.141.107) |
| Mon, 27th Jul 2026 9:41:50 BST | Sent the envelope to Mike Ritchie (mdrsalesandconsultancy@outlook.com) |
| for signing (51.140.141.107) | |
| Mon, 27th Jul 2026 9:41:59 BST | Document emailed to mdrsalesandconsultancy@outlook.com |
| Mon, 27th Jul 2026 9:50:41 BST | Mike Ritchie opened the document email. (188.240.185.11) |
| Mon, 27th Jul 2026 9:50:42 BST | Mike Ritchie opened the document email. (188.240.185.11) |
| Mon, 27th Jul 2026 9:51:45 BST | Mike Ritchie viewed the envelope (188.240.185.11) |
| Mon, 27th Jul 2026 9:56:58 BST | Mike Ritchie signed the envelope (188.240.185.11) |
| Mon, 27th Jul 2026 9:56:58 BST | Sent the envelope to Steven Millerchip |
| (stevenmillerchip@brearleyandco.co.uk) for signing (188.240.185.11) | |
| Mon, 27th Jul 2026 9:57:00 BST | Document emailed to stevenmillerchip@brearleyandco.co.uk |
| Mon, 27th Jul 2026 9:57:19 BST | Steven Millerchip opened the document email. (85.210.241.14) |
| Mon, 27th Jul 2026 10:08:58 BST | Steven Millerchip viewed the envelope (51.140.141.107) |
Mon, 27th Jul 2026 10:09:08 BST Steven Millerchip signed the envelope (51.140.141.107) Mon, 27th Jul 2026 10:09:08 BST This envelope has been signed by all parties (51.140.141.107) Mon, 27th Jul 2026 10:09:08 BST Signed document confirmation emailed to mdrsalesandconsultancy@outlook.com (51.140.141.107) Mon, 27th Jul 2026 10:09:08 BST Signed document confirmation emailed to stevenmillerchip@brearleyandco.co.uk (51.140.141.107) Mon, 27th Jul 2026 10:09:08 BST Signed document confirmation emails have been sent to all parties (51.140.141.107)