THE LEEDS TRANSPORT HISTORICAL SOCIETY (A CIO)
Charity No 1160446
## **TRUSTEES’ REPORT FOR YEAR ENDING 31[st] DECEMBER 2022**
**THE OBJECTS OF THE SOCIETY** : To promote for the benefit of the nation the preservation of public transport vehicles and items of allied transport interest which are of historic and educational value. Also, the education of the general public of the history of public transport in the Leeds area. Further details are given in the Society’s constitution, a copy of which may be obtained by application to the Hon. Secretary.
## **THE TRUSTEES** :
M. Reuben (Chairman),
J. M. Hindes (Vice Chairman),
J. B. Holmes (Secretary),
A. Cowell (Treasurer) until 30[th] April 2022, also resigned off the Committee.
S. Reuben (Acting Treasurer) from the 1[st] May 2022)
M. J. Waring,
C. Walker (Membership Secretary),
The Trustees were elected at the Annual General Meeting held on 11th April 2022 and form the Society’s Committee. All Trustees serve in an honorary capacity, without receiving any expenses, and are elected annually. Eleven meetings of the Committee were held during the year.
**INCOME AND EXPENDITURE:** This came from a variety of sources including the sale of the Society’s books and photographs, models, DVDs, and donated second-hand transport books. Items were sold through the internet, society meetings, and at transport-related events.
Copies of the audited accounts for the Society are available from the Secretary at the registered address.
**SALES STANDS:** We attended seven events where we had sales stands, these were at Pudsey Civic Hall in April and October 2022, the Grammar School at Leeds, in October 2022, at the Dewsbury Bus Museum in May & November 2022, Middleton Railway Model Railway Show in July 2022, and finally at the Otley Transport Extravaganza in September 2022.
**PUBLICATIONS:** The Society did not publish any new books this year, although it has two works in preparation, which were started by the late Jim Soper and are being completed by members of the Committee. Book sales were reasonably good with books. Sold through the Societies Website, and also through the Sales Stand as above.
**RESTORATION WORK:** The Society has no major project ongoing; Leeds Horse Tram 107, presently owned by the LTHS, is on display at the National Tramway Museum at Crich, awaiting modifications to allow the tram to be used for heritage services at the museum.
**GENERAL ACTIVITIES:** During the year the Society held ten face-to-face general meetings at our regular meeting place at Kirkstall, from January to December 2022 except for July and August. The meetings were varied including talks on Tramways, Buses, and Railways, with talks conducted by members of the Society and outside speakers.
**VISITS:** A Society coach trip was held to the Beamish Open Air Museum, near Stanley, County Durham in June 2022. The visit was attended by 32 members of the LTHS and included some volunteers from Middleton Railway Trust. The trip included a guided tour around the Tram and Trolley Bus Depot.
**Tony Cowell:** Tony did not attend our Annual General Meeting this year due to illness, he decided that the Treasurers position was becoming too much for him. Tony has been Treasurer for at least twenty years. The Committee decided that Tony having been a member of the Society for over fifty years, to offer him the post of Honorary President.
John B Holmes Hon. Secretary.
## **THE LEEDS TRANSPORT HISTORICAL SOCIETY**
**(CHARITABLE INCORPORATED ORGANISATION)**
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Statement of Financial Activities - Year to 31st December 2022
2022 2021
Unrestricted Restricted Total Unrestricted Restricted Total
Funds Funds 2022 Funds Funds 2021
£ £ £ £ £ £
INCOMING RESOURCES
Charitable Trading Activities :-
Sales - Books 2135.56 2135.56 1892.91 1892.91
- Others 994.38 994.38 360.63 360.63
Members Subscriptions 675.03 675.03 325.00 325.00
Donations 303.86 303.86 159.91 159.91
Building Society Interest 15.76 15.76 15.27 15.27
Gift Aid 0.00 0.00 0.00 0.00
Royalties 0.00 0.00 0.00 0.00
Other 1449.82 1449.82 302.49 302.49
Total Incoming Resources 5574.41 0.00 5574.41 3056.21 0.00 3056.21
RESOURCES EXPENDED
Direct Charitable Expenditure :-
Cost of books sold 0.00 0.00 0.00 0.00
Book Stock adjustments 2500.00 2500.00 349.64 349.64
Despatch Costs & Publicity 218.26 218.26 0.00 0.00
Cost of other sales 0.00 0.00 40.00 40.00
Sales stock revaluation 0.00 0.00 0.00 0.00
Postage & Stationery 10.75 10.75 0.00 0.00
Newsletter costs 124.88 124.88 184.13 184.13
Miscellaneous 2453.46 2453.46 1200.86 1200.86
Purchase of Equipment 330.38 330.38 0.00 0.00
Storage Rent 275.00 275.00 700.00 700.00
Donations 0.00 0.00 0.00 0.00
Materials 0.00 0.00 0.00 0.00
Total Resources Expended 5912.73 5912.73 2474.63 2474.63
NET EXPENDITURE/INCOME -338.32 0.00 -338.32 £581.58 0.00 581.58
Fund balances brought forward 31493.29 8593.20 40086.49 30911.71 8593.20 39504.91
Total funds 31,154.97 8,593.20 39,748.17 31493.29 8593.20 40086.49
Transfer between funds
FUND BALANCES CARRIED FORWARD 31,154.97 8,593.20 39,748.17 31493.29 8593.20 40086.49
THE LEEDS TRANSPORT HISTORICAL SOCIETY
(CHARITABLE INCORPOATED ORGANISATION}
Balance Sheet for the year ending 31st December 2022
2022 2021
£ £
CURRENT ASSETS
Stock - Books 2552.36 5052.36
- Others 40.00 40.00
Balance at Bank 5589.14 4443.22
Balance at Building Society 31566.67 30550.91
CURRENT LIABILITIES
Creditors, payable within one year
NET ASSETS EMPLOYED 39748.17 40086.49
REPRESENTED BY :
Unrestricted Income Fund 31154.97 31493.29
Restricted Fund 8593.20 8593.20
TOTAL FUNDS 39748.17 40086.49
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These accounts were approved by the Trustees of the CIO on 17th April 2023 and signed on their behalf by:
Signed …John B. Holmes J Holmes Hon Secretary
Signed … Melvyn Reuben M. Reuben Hon Chairman
Notes to the Accounts - Year ending 31st December 2022
Accounting Policies and other information.
1. Basis of Preparation
The financial statements have been prepared on the historical cost basis of accounting
in accordance with the Charities Act 2011 and applicable accounting standards.
2. Fundraising and Publicity.
No expenditure on fundraising and publicity has been incurred during the year.
3. Management and Administration of the Charity.
No expenditure on management and administration has been incurred during the year.
4. Trustees Remuneration and Expenses
No remuneration directly or indirectly out of the funds of the charity was paid or payable for
the year to any trustee or to any person known to be connected with any of them.
5. Restricted Fund
The fund is to be used for future unspecified projects.
6. Society Status.
Under the provisions of the Charities Act 2011 a Charitable Incorporated Organisation (CIO) with the same title was registered
on the 11th February 2015 and all the assets and liabilities of the old charity were transferred to the CIO on 17th April 2015
following a resolution to close the old charity being passed at the Annual General Meeting on 13th April 2015.
7. Trustees' Responsibilities
The Charities Act 2011 requires the trustees to prepare financial statements for each financial period which give a true
and fair view of the state of affairs of the trust and of the surplus or deficit of the trust for that period. In preparation
those financial statements the trustees are required to:
a- select accounting policies and apply them consistantly
b- make judgements and estimates that are reasonable and prudent;
c- prepare financial statements on the going concern basis unless it is inappropriate to presume that the trust
will continue in existence;
d- state whether applicable accounting standards and statements of recommended practice have been followed,
subject to any material departures disclosed and explained in the financial statements.
The trustees are responsible for keepIing proper accounting records, which disclose with reasonable accuracy at any time the financial
position of the trust. They are also responsible for safeguarding the assets of the trust and hence for taking reasonable steps for the
prevention of fraud and other irregularities.
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