## **Trustees’ Annual Report for the period** **From: 01.01.2024 Period start date To: 31.12.2024 Period end date** ## **Charity name: Cardiff Transport Preservation Group** ## **Charity registration number: 1063157** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|To**inspire, educate, and engage**the
community by bringing the unique history of
our area's transport to life, ensuring this
vital heritage is**accessible and valued**by
future generations.| |Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.|Para 1.17 and
1.19|To**collect, restore, and share**the buses,
records, and memorabilia that tell the story
of transport in**South East Wales and the**
**Valleys**thereby**safeguarding**this vital
part of our social and industrial history and
providing accessible resources for**public**
**enjoyment, education, **| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|The Trustees confirm that all activities and
events are held with due regard for Section
17(5) of the Charities (Reports and
Accounts) Regulations 2008, ensuring they
provide**demonstrable public benefit**. Our
commitment to accessibility is
demonstrated by**free admission**to the
collection at the former bus garage in Barry
and**free entry**to all public events,
including opportunities to travel on our
historic vehicles. This policy, supported by
**extensive local publicity**, enables
substantial visitor numbers of**all ages**to
participateinand enjoy our heritage.| ## **Additional information (optional)** You may choose to include further statements where relevant about: ||SORP reference|| |---|---|---| |||n/a| ||Para 1.38|| |Policy on grant making||| |||n/a| |Policy on social investment|Para 1.38|| |including program related||| |investment||| |Contribution made by
volunteers|Para 1.38|**CTPG operates entirely without paid staff**,
relying instead on a dedicated team of
**volunteers**who donate their time and skills to
maintain and restore our large bus collection.
This ensures the collection is impeccably
presented for the public to view and enjoy.
These volunteers are also the force behind all
supporting activities, including**archive**
**management**and**public outreach**to increase
awareness of our heritage.| |---|---|---| |Other||| ## **Achievements and Performance** ||SORP reference|| |---|---|---| |Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|
**Flagship Event:**The**Barry**
**Festival of Transport**continued,
jointly hosted at the**Depot**and a
large static event at**Barry Island**. It
featured the group's collection plus
visiting vehicles (buses, lorries,
cars, motorcycles).

**Public Transport:** **CTPG**provided
**free bus trips**between the Island
and the Depot, with the**open-**
**toppers**being particularly popular.

**Other Running Days:**They
organized three other running
events: a**Spring**running day
(April), an**Autumn**running day
(September), and a new**Twilight**
running day (October), which
offered a unique evening
experience with their historic
collection. All events were
considered successful.

**Community and Outreach:**The
group supported the community and
promoted their charitable work by
attending**local events and**
**schools**.

**Depot Activity:**The depot is**open**
**most days**, with volunteers working
on the collection, and is often visited
by both**planned and spontaneous**
**visitors**.| ## **Additional information (optional)** You may choose to include further statements where relevant about: |Achievements against
objectives set|Para 1.41|As the**largest custodian**of historic public
transport in the region, the**Cardiff**
**Transport Preservation Group (CTPG)**
remains dedicated to its core objective:
**preserving a representative collection of**
**buses that operated in South East Wales**
and making this heritage accessible to the
wider community.
We are proud to confirm that we continue
to meet this mission through robust
community engagement at our own events
and external functions.
This year has been especially successful
for our workshops, with a number of
vehicles**returned to the road**and publicly
displayed in their**fully restored condition**
for the very first time. This ongoing
restoration work is key to keeping the
history of South East Wales' transport alive
and running!| |---|---|---| |Performance of fundraising
activities against objectives
set|Para 1.41|Our strong and diversified income, sourced
from**events, generous donations,**
**membership support, and rental income**,
ensures**financial stability and**
**sustainability**, allowing us to fully fund our
preservation and public outreach activities.| |Investment performance
against objectives|Para 1.41|As above| |Other||Our success continues to be underpinned
by a**strong and cooperative working**
**relationship**with the**Vale of Glamorgan**
**Council**and all**major bus operators**in
the area. These partnerships are crucial for
securing access, visibility, and ongoing
operationalsupportforour heritagework.| ## **Financial Review** |**Financial Review**||| |---|---|---| |Review of the charity’s
financial position at the end
of the period|Para 1.21|A successful year, as the Group broke
even and made a small profit for the first
time in 2 years due to costs associated with
Llandow start up.| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|CTPGs policy is to retain reserves of
£4,000 to £5,000 in its bank account as a
contingency for unexpected expenditure.
In addition, it has a policy of increasing its
reserves where possible with a view to
eventually owning its own premises.| |Amount of reserves held|Para 1.22|Bank balances at the end of 2024 stood at
£95,414.| |Reasons for holding zero
reserves|Para 1.22|n/a| |Details of fund materially in
deficit|Para 1.24|n/a| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|None| **Additional information (optional)** You may choose to include further statements where relevant about: |||| |---|---|---| |The charity’s principal
sources of funds (including
any fundraising)|Para 1.47|Our**largest and most reliable source of**
**funds**is**rental income**generated by
garaging other heritage vehicles on our
premises. This arrangement creates a
powerful synergy: in exchange for funding
our operations, these vehicles often remain
available for public viewing,**significantly**
**enhancing the overall visitor experience**.
This core income is robustly supplemented
by diverse sources, including**donations**,
annual**member subscriptions**, and
revenue from the sale of transport-related
**books, models, and memorabilia**not
required for our core collection.| |Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|Our investment policy prioritizes the
**careful expenditure**of funds across three
strategic areas:**collection enhancement**,
**infrastructure security**, and**volunteer**
**safety.**This includes:-**Acquisition and**
**Restoration**of new collection items and
the materials required for the ongoing
maintenance of the existing collection,
**directly enhancing the visitor**
**experience.**-**Infrastructure Maintenance**
to ensure the buildings that house our
collectionare secure and **safeguarded for **| |||**the future.**-**Tool and Equipment**
**Management**for the essential
maintenance, repair, and replacement of
gear, ensuring the**safety and operational**
**efficiency**of our dedicated volunteers.| |---|---|---| |A description of the principal
risks facing the charity|Para 1.46|**1. Property Affordability and Security**
Our most significant long-term financial risk
is securing**affordable, permanent**
**premises**to house the collection. While
there is no immediate threat, our long-term
goal remains to**purchase a property**
when funds allow, which would provide the
greatest financial security and stability for
the Charity.
**2. Operational Viability and Fuel Supply**
The long-term availability of fossil fuels,
driven by environmental concerns, poses a
risk to our ability to fully achieve our
mission. This directly affects our capacity to
offer**public rides**and transport vehicles to
**external events**, which are crucial for
increasing awareness and engagement
outside our main premises.| |Other||| ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document
(trust deed,royalcharter)|
Para 1.25|Constitution| |How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|Association or Group| |Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|By the General Body of Members at the
AGM| ## **Additional information (optional)** You may choose to include further statements where relevant about: Social media policy Policies and procedures adopted for the induction Para 1.51 and training of trustees |The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|Beyond the**Annual General Meeting**and
formal**Trustees' Meetings**held throughout
2024, Trustees ensure continuous
management and discussion of the charity's
business through**regular and effective**
**email correspondence.**| |---|---|---| |Relationship with any
related parties|Para 1.51|The Charity maintains important affiliations
with two leading national bodies to ensure
best practice and access to expert
guidance:
1.**National Association of Road**
**Transport Museums (NARTM):**
We are guided by NARTM's
standards for the safe and
successful organisation of our
**public events**and for the
management of**visitor access**to
our premises.
2.**Federation of British Historic**
**Vehicle Clubs (FBHVC):**As an
affiliated member, CTPG benefits
from access to the FBHVC's
expertise and advice on crucial
matters related to**historic vehicle**
**preservation**and industry
developments.| |Other||| ## **Reference and Administrative details** |Charityname|Cardiff TransportPreservationGroup| |---|---| |Other name the charity uses|CTPG| |Registered charitynumber|1063157| |Charity’s principal address|24 Warren Drive
CAERPHILLY
CF83 1HQ| ## **Names of the charity trustees who manage the charity** |1
2
3|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee(if any)**| |---|---|---|---|---| ||Mike Taylor|Chair & Membership||CTPG| ||Carl Wren|Secretary||CTPG| ||Richard Johnson|Treasurer||CTPG| Depot Supervisor CTPG 4 Martyn Evans – Corporate trustees names of the directors at the date the report was approved **Director name N/A** Name of trustees holding title to property belonging to the charity **Trustee name Dates acted if not for whole year N/A** ## **Funds held as custodian trustees on behalf of others** Description of the assets N/A held in this capacity Name and objects of the N/A charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for N/A safe custody and segregation of such assets from the charity’s own assets ## **Additional information (optional)** ## **Names and addresses of advisers (Optional information)** **Type of Name Address adviser N/A** **Name of chief executive or names of senior staff members (Optional information)** **N/A** ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details **N/A** ## **Other optional information** **N/A** ## **Declarations** **The trustees declare that they have approved the trustees’ report above.** **Date** 21/10/25 ## **Cardiff Transport Preservation Group** ## **Income & Expenditure for year end 31st December 2024** |**INCOME**|**2024 £**|**_2023 £_**||**EXPENDITURE**|**2024 £**|**_2023 £_**| |---|---|---|---|---|---|---| |Rents Received
Members' Subscriptions/ Donations
Members Donations to specific vehicles
Donations
Monthly Meeting Collections
**Sub Total**
**Event Income**
CTPG Events
Income from Other Events
**Events Total**
**Other Income**
Other Sales /income
Gift Aid
Sales of Scrap
Interest
Refunds on Insurance
**Sub Total Other income**|50,026
5,920
1,607
4,813
484
**62,850**
11,301
496
**11,797**
2,797
3,120
201
2,536
-
**8,655**|_44,565_
_5,490_
_1,467_
_6,800_
_259_
**_58,581_**
_10,191_
_309_
**_10,500_**
_3,609_
_2,280_
_281_
_818_
_151_
**_7,139_**||**Assets**
Asset Purchase - Vehicles
Asset Purchase -- Power tools, higher valu
Asset Purchase -- collectables
Asset Purchase Rally stall Stock
**Sub Total Assets**
**General Expenditure**
Professional Subscriptions
Hire of Room (includes catering)
Bustler Magazine
Miscellaneous & petty cash
**Sub Total General Expenditure**
**Event Expenditure**
Printing
Advertising
Fuel
Other Event costs
**Sub Total Event Expenditure**
**Vehicle costs**
Vehicles -Excise Duty
Less Refunds
Vehicle consumables
Vehicles -Parts and Repairs
Vehicles Repairs Restoration and External
Vehicles- Transportation/ recovery
Vehicles fuel
Vehicles-Insurance
**Sub Total Vehicle costs**
**Depot costs**
Llandow costs
Public Liability Insurance
Depot -Rent
Depot-Consumables
Depot's-Electricity
Depot -Water
Depot - Building Repairs & Asset Maintena
**Sub Total Depot Costs**
**Total Expenditure**
**Surplus (loss)**|800

462
185
1,111
**2,557**
50
240
791
-
**1,081**
1,276
336
1,468
1,527
**4,606**
924
(226)
2,152
6,791

2,648
400
1,589
4,279
**18,557**
46,658
4,328
2,000
1,936
379
516
300
**56,117**
**82,918**
**384**|_5,650_
_2,729_
_68_
_-_
**_8,447_**
_25_
_120_
_409_
_26_
**_580_**
_680_
_480_
_736_
_972_
**_2,868_**
_1,526_
_(269)_
_1,989_
_11,719_
_4,205_
_-_
_1,196_
_3,405_
**_23,771_**
_41,153_
_4,130_
_2,000_
_1,835_
_1,473_
_450_
_495_
**_51,536_**
**_87,202_**
**_(10,982)_**| |**Total Income**|**83,301**|**_76,220_**||**Total**|**83,301**|**_76,220_**| * I CHARITY COMMISSION , Independent examiner's report on the J FOR ENGLAND ANO WALES accounts Section A Independent Examinetrs Report Reportto the trustsesl mombors of Cardiff Transport Preservation Group On accounts for the year ended 31 December 2024 Charity no (if any) 1063157 Set out on pages I report to Ihe trustees on my examination of the accounts of the above charity ("the Trust.) for the year ended Responsibilities and basis of report As the charity's trustees, you are responsible for the preparation of the accounts in accordan￿ with the requirements of the Charities Act 2011 ("the Act") I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. Independent trhe charity's gross income exceeded £250,000 and l am qualified to examiner's statement undertake the examination by being a qualified member of [insert name of applicable lisled body]]. Delete [ ] if not applicable. I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination (other than that disclosed below ") which gives me cause to believe that in, any material respect.. the accounting records were not kept in accordance with section 130 of the Charities Act., or the accounts did not accord with the accounting records., or the accounts did not comply with the applicable requirements concerning the fonn and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fairf view which is not a matter considered as part of an independent examination. I have no concems 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 accounts to be reached. Please delete the Wo￿lS in the bTrckets if they do not apply. Signed: Date: 05 August 2025 Name: Emlyn Huish Relevant professional qualification(s) or body Associate of the Chartered Institute of Bankers IER Oct 2018