REGISTERED CHARITY NUMBER: 1167872
REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
FOR
TRANSPORT MUSEUM WYTHALL
Cooper Adams Ltd 12 Payton Street Stratford upon Avon Warwickshire CV37 6UA
TRANSPORT MUSEUM WYTHALL
CONTENTS OF THE FINANCIAL STATEMENTS for the Year Ended 31 December 2024
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 7 |
| Independent Examiner's Report | 8 | ||
| Statement of Financial Activities | 9 | ||
| Balance Sheet | 10 | ||
| Notes to the Financial Statements | 11 | to | 14 |
| Detailed Statement of Financial Activities | 15 | to | 16 |
TRANSPORT MUSEUM WYTHALL
REPORT OF THE TRUSTEES for the Year Ended 31 December 2024
The trustees present their report with the financial statements of the charity for the year ended 31 December 2024. The trustees have adopted the provisions of 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) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The Trust's objective is "To collect, restore and preserve buses, coaches and battery electric road vehicles of Midlands operators and builders, and demonstrate road public transport across the twentieth century by exhibiting and operating them for the public. Additionally to create comprehensive archives of builders and operators, e.g. photographs, cine and video, book library, manufacturers' technical catalogues and manuals, engineering drawings, publicity and point of sale material, ticket machines, timetables, destination blinds, uniforms, bus stops and other roadside furniture. To make available information to others wishing to further their knowledge, by specific project or otherwise."
Significant activities
The TMW operates at two levels. To collect and restore vehicles operated or built in the Midlands and to display and operate where possible these vehicles to the general public and enthusiasts alike.
Collecting is done in accordance with our collections policy that focuses on both buses and nationwide battery electric vehicles that are restored and where possible operated. As a museum, we provide educational tours and school and group focused events and the general public can visit at weekends and Wednesdays during school holidays between March and November.
We have a large collection of photographs, drawings and relevant small items from the end of the 19th Century and again, this archive is available to individuals and organisations to examine.
Public benefit
A high proportion of the Museum's vehicles and all its artefacts are owned by the Trust itself. A limited number of buses are owned by individuals and pay a rent which helps to support the Museum's activities. All buses at the Museum under this arrangement fall within the Museum's collecting policy and, in addition to the rent payable, owners are required to contribute time and expertise to the running of the Museum.
Grants and Exhibits
Relevant grant funding has been thin on the ground this year. We applied for 2 grants, the designation scheme for the battery electric collection and a successful pre-qualification for potential research money to develop the BEV history.
In addition we successfully bid for the Autonomous Aurrigo bus which will be formally launched in 2025.
Volunteers
All Trustees are volunteers and no payment is made for their service as Trustees. All 'staff' involved with day to day operation of the Trust and Museum are volunteers.
Occasional work requiring specialist skills and/or knowledge is contracted out and, on occasion, Trustees or Trust members have received payment for their services.
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TRANSPORT MUSEUM WYTHALL
REPORT OF THE TRUSTEES for the Year Ended 31 December 2024
ACHIEVEMENT AND PERFORMANCE Charitable activities
Restorations
The ambitious in-house repaint programme continued with Stratford Blue 33 and Barton 473. 33 was inspected for MOT and work completed by the team to allow operation towards the end of 2024. However, both vehicles require reupholstery work, which is currently well underway.
Walsall Fleetline 116 was spray painted by an external contractor and returned to Wythall for lining out and superbly applied handwritten adverts/signwriting completed by Steve Evans.
On-site, progress continues on the Harpers 27, Walsall 815 and BMMO 4871, the latter two having been long standing residents of the workshop. This is something that the team are acutely aware of, as we look to push those two long standing members of the collection on.
Our external contractor restoration work continues, the Ford Transit minibus is now nearing the end of an extensive lower body and chassis rebuild/replacement.
BMMO D7 - 4482 full body overhaul continues to progress, although fundraising needs to continue. It is hoped completion will come in 2025, with excellent pace to date.
Wolverhampton Guy SUK3 extensive body rebuild has progressed well, although work has paused for a short time while 4482 progresses and funds are raised. It is hoped work on SUK3 will continue prior to this summer.
Museum Audience
Visitor numbers were stagnant at 17,394 against 17,200 for 2023, though price increases did show a 6.6% increase in admission takings. Of more interest was the reduction in adult visitors over 2023 and increase in children, helped by the Halloween event.
| Visitors | Visitors | |||
|---|---|---|---|---|
| 2023 | 2024 | Difference | % | |
| Adults | 12,116 | 11,749 | (367) | (3.0%) |
| Children | 5,084 | 5,645 | 561 | 11.0% |
| Total | 17,200 | 17,394 | 194 | 1.1% |
The above figures identify an opportunity to focus efforts on increasing adult visitor numbers for 2025. However, one conclusion that could be drawn is that admissions, doing what we do today, may have levelled out based on current space, facilities, events and displays. This was a hot debate at the 2025 Trustee off-site meeting.
In 2024, public access to the collection was available on approximately 70 days annually, with at least 6 of these being "special event" days. The site is open to visitors from March to November. Additionally, information is made available in response to public enquiries whether verbally, by post, or by electronically mailed requests.
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TRANSPORT MUSEUM WYTHALL
REPORT OF THE TRUSTEES for the Year Ended 31 December 2024
2024 Initiatives
It is important to recognise that the museum operates with a 100% voluntary labour force and the following details what was achieved in 2024 as part of continuing development and maintenance of the site and sustainability of the organisation.
Young Trustees
The Young Trustee movement in the UK has been gathering pace. The key objects are (a) to develop the next generation of Trustees within the charity sector, (b) to provide training and support, especially from a business management perspective to those young people involved and (c) to address sustainability. At Wythall, we embraced this idea and were pleased to announce the appointment of Adam Marsden and Tom Kelly at the end of the year.
Volunteer led events
The senior management were approached by key volunteers to consider a Halloween event. Discussions confirmed that this had potential and the team was right. Even with 'kids go free' we had a very profitable and enjoyable day. This will be done again in 2025 along with a least one other volunteer led event.
2024 Member's Survey
The member's survey was a success in that we received a good number of responses and these have been summarised in a document supplied with this report. The Trustees would like to thank all those for responding.
Trustee Focus Reorganisation
After various discussions with members, it became apparent that there was confusion between the Trustee role and senior management roles. This is largely due to Trustees being senior managers along with others in similar roles. We have taken the opportunity to address this by separating the activities, with Trustee meeting now focused on health & safety, financial implications and long term planning. Senior managers are now responsible for implementing the actions and this has been successfully applied with specific session, for example, the Engineering meetings led by Jim Munro.
Site Development
We have been supported throughout 2024 through our community links with Datos who provide rehabilitation programmes. They have made improvements to the grounds under our volunteer guidance.
Health & Safety
Work continues to develop our approach to health and safety with support from Primed, our H&S contractors. The accident reporting system has been updated to reflect the requirements of GDPR and is obviously being used as we had four entries this year for minor incidents. Please remember that when at the museum, there are hazards with moving vehicles and workshops with machinery that should only be operated by trained personnel.
Whilst we have a wide range of processes, procedures and work instructions available for volunteers who work on site, our oversight needed increasing. Consequently, Primed, who initially completed a detailed survey and now act as consultants to support us has given us a plan to work towards continuous improvements.
Education
Our education team goes from strength to strength under the direction of the group manager. We received regular positive messages from teachers and hopefully, some of the children will be future members. We had 26 schools visit in 2024 and a further 11 group visits.
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TRANSPORT MUSEUM WYTHALL
REPORT OF THE TRUSTEES for the Year Ended 31 December 2024
Statfold Barn
The Statfold Barn Railway relationship in Tamworth is going from strength to strength. We have continued to promote TMW and continue playing a huge role at Statfold during their events. We supported 14 events in 2024, totalling 23 days. This was a reduction to 2023 as some of the events such as Half Term openings were found not to be as successful and removed from the calendar. The events we did assist saw an increase in bus usage, especially during the Enthusiast Weekends. 69% of the events operated were using museum and members vehicles. The remaining were solely volunteer vehicles, WDA 700T and EEH 902Y. Warley event in October saw the assistance from South Staffs Coaches alongside WDA 700T.
We have had a Sales Stand at 7 events, totalling 12 days. Huge thanks go to John James with assisting with the overseeing of this operation and managing Statfold and Wythall. The advantage of the Sale Stand has allowed the museum to sell some of the Railway memorabilia donated to raise funds for the museum.
Statfold have continued treating all volunteers of TMW like their own, with discount cards being issued to each operational vehicle for volunteers to use on site, free entry for family members assisting during these events and non-participating events, as well as various other offerings. Facilities are always available for any preparation, maintenance and safe storing of vehicles and apparatus.
Wythall Site
Below is a summary of what has been going on in 2024.
o Boundary Fences replaced.
o Additional signs designed and erected on the Power Hall & Workshop.
o New motorised shutter door on Workshop as the previous unit was deemed beyond repair. This required extra 3 phase connection and note; we have budgeted an annual replacement of the other doors.
o Wi-Fi and phone connections into the messroom were restored following rodent damage to cables requiring new armoured cables running under the yard from the workshop.
o Outside cleaned up and the main gate by kiosk painted.
o Workshop continues to be improved with more racking.
o Roof repaired on Power Hall to prevent further storm damage to AV room.
o Roof repaired on Shop following a leak into the counter area.
o Hot water systems for all the visitor toilets replaced and fully working.
o Arranged with Kithead for the 30,000 Midland Red drawings to pass into their archive.
o Pathways added to both picnic areas.
o Level Crossing gates repaired.
o Wildlife Pond now operational.
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TRANSPORT MUSEUM WYTHALL
REPORT OF THE TRUSTEES for the Year Ended 31 December 2024
FINANCIAL REVIEW
Financial position
We set an operational budget for 2024 that assumed little growth in income over 2023's results and would be similar. Our unaudited accounts confirmed this was an accurate estimate. 'Operations' is defined as the costs to run the operation as a museum and excludes restorations and large infrastructure items, where applicable.
The 2024 operational performance is summarised below:
| 2023 | 2024 | Difference | % | |||||
|---|---|---|---|---|---|---|---|---|
| Admissions | £ | 97,552.20 | £ | 103,991.46 | £ 6,439.46 | 6.6% | ||
| Catering | £ | 40,146.12 | £ | 45,210.74 | £ 5,064.62 | 12.6% | ||
| Shop | £ | 49,989.16 | £ | 45,135.86 | (£ 4,853.30) | ( 9.7%) | ||
| Other | £ | 19,318.09 | £ | 24,150.52 | £ 4,832.43 | 25.0% | ||
| Total | ||||||||
| (Income) | £ | 207,005.57 | £ | 218,488.78 | £ 11,843.21 | 5.5% |
We had budgeted to spend £212K during 2024 but actually spent £243k, an overspend of £21k. This was explained by cost increases in insurances, and investment in the site & buildings. However, from an operational standpoint, we budgeted a loss of £25k assuming these changes but this was reduced to £20k as our income improved.
Restoration Finance
If we look at the restorations, generally funded by donations including gift aid and grants, we received £113k mostly as part of the D7 grant and kind donations for SUK3 from Malcolm Keeley and actually reduced our expenditure on restorations whilst achieving some significant progress. The table below shows the restoration spends and income total from grants and donations.
| 2023 | 2024 | Difference | |||
|---|---|---|---|---|---|
| Income | £ | 65,917.13 | £ | 113,220.62 | £ 47,303.49 |
| Expenditure | £ | 102,144.53 | £ | 97,073.32 | (£ 5,071.21) |
All in all, a satisfactory performance for 2024. There are more financial details on the separate sheets circulated with this report.
Finance Summary
We have £165,389.54 in the bank with £33,929.16 allocated to restorations and £40,000 as treasurers reserve leaving £91,460.38 as a free final balance. This is well within expectations and poses no risk for 2025. We review performance at an off-site meeting held each January and have not identified any potential risks to the financial stability of the museum.
Whilst these issues have been thrown at us, the team have reacted swiftly to ensure these jobs don't stack up. We hope to see 5656 back in operation later this year.
Museum audience
Market research has indicated the Museum draws its audience from a wide geographical area, generations and interests. The proximity of the Caravan Club of Great Britain site encourages tourists but the Museum also appeals to local residents. Transport enthusiasts come from all parts of the country and, occasionally, abroad. The Museum appeals to all ages, ranging from the elderly who revel in the nostalgia down to youngsters who particularly like the bus and miniature railway rides and who are our potential future volunteers. A growing proportion of Museum visitors are family parties' accompanied by parents or grandparents.
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TRANSPORT MUSEUM WYTHALL
REPORT OF THE TRUSTEES for the Year Ended 31 December 2024
FINANCIAL REVIEW Admission Times & Pricing
Admission prises in 2024 are as below, noting various family, carer and other discounts as publicised on our website.
| Adult | Child | |
|---|---|---|
| Non-event days | £8.00 | £4.00 |
| Special event days | £12.00 | £6.00 |
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The Transport Museum Wythall is a Foundation Charitable Incorporated Organisation (CIO). The CIO is held to account through the objectives laid out in its Constitution.
Recruitment and appointment of new trustees
Apart from the first charity trustees, every trustee must be appointed for a term of three years by a resolution passed at a properly convened meeting of the charity trustees.
Organisational structure
This year we made some adjustments to our Board Membership and Senior Management level, making a clearer distinction between the two areas. It was clear that as Trustees also hold some of the senior management positions, Trustee meetings were tending to develop into prolongated management meetings.
In addition, Mr. P. Ireland retired from the board and we felt it was time to again look at sustainability of the board and thus elected. After interviews, two 'young trustees'. Both positions terminate on the individuals 24th birthdays but can be elected to permanent position should they wish to nominate themselves and meet the criteria.
Once again, the Volunteers and Trustees have worked very hard to continue to develop Wythall, keeping it one of the highest quality transport museums in the UK.
In addition, we would like to thank all our members for their continued support for the Museum.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
1167872
Principal address
Chapel Lane Wythall Worcestershire B47 6JX
Trustees
S Amos Chairperson D Taylor Deputy Chair D Potts Treasurer P Ireland (resigned 13.1.25) J Munro D R Chick T Kelly (appointed 1.11.24) A Marsden (appointed 1.11.24)
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TrANSPORT MUSEUM LL REPORT OF THE TRUSTEES for the Year Ended 31 December 2024 REFERENCE AND ADMINISTrATIVE DETAILS Independent Examlner David Cooper Cooper Adams Ltd 12 Payton Street Strafford upon Avon Warwickshire CV37 6UA Approved by order of the board of trustees on 31 August 2025 and signed on ts behalf by: S Amos. Trustee Page 7
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF TRANSPORT MUSEUM WYTHALL
Independent examiner's report to the trustees of Transport Museum Wythall
I report to the charity trustees on my examination of the accounts of Transport Museum Wythall (the Trust) for the year ended 31 December 2024.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance 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 Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
Independent examiner's statement
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or 2. the accounts do not accord with those records; or
-
the accounts do not comply with the applicable requirements concerning the form 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 fair view which is not a matter considered as part of an independent examination.
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 accounts to be reached.
==> picture [87 x 42] intentionally omitted <==
David Cooper
Cooper Adams Ltd 12 Payton Street Stratford upon Avon Warwickshire CV37 6UA
31 August 2025
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TRANSPORT MUSEUM WYTHALL
STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 December 2024
| Notes INCOME AND ENDOWMENTS FROM Donations and legacies Other charitable activities 2 Investment income 3 Other income Total EXPENDITURE ON Charitable activities Vehicle costs Support costs Property costs Total NET INCOME/(EXPENDITURE) Other recognised gains/(losses) Gains on revaluation of fixed assets Net movement in funds RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD |
Unrestricted fund £ 43,492 208,891 9,599 2,200 264,182 253,309 12,606 5,660 271,575 (7,393) 62,991 55,598 1,025,309 1,080,907 |
Restricted funds £ 69,725 - - - 69,725 71,202 - - 71,202 (1,477) 550 (927) 38,720 37,793 |
2024 Total funds £ 113,217 208,891 9,599 2,200 333,907 324,511 12,606 5,660 342,777 (8,870) 63,541 54,671 1,064,029 1,118,700 |
2023 Total funds £ 64,768 197,561 9,444 150 271,923 310,773 12,048 36,840 359,661 (87,738) 7,000 (80,738) 1,144,767 1,064,029 |
|---|---|---|---|---|
The notes form part of these financial statements
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TRANSPORT MUSEUM WYTHALL BALANCE SHEET 31 December 2024 2024 Total nds 2023 Total funds Unrestricted Restrthd fvnd funds Notes FIXED ASSETS Heritage assets Investsnent propety 819,791 55,000 11,550 831,341 55,000 767,800 55,000 874,791 11.550 886,341 822,800 CURRENT ASSErs Stocks Cash at bank 70,500 139,456 70,500 165,699 70,500 174,449 26.243 209,956 26,243 236,199 244,949 CREDrroRS Amounts falling due within one year (3,840) {3,8401 (3,720) NET CURRENT ASSErs 206,116 26,243 232,359 241,229 TOTAL ASSEfs LESS CURRENT LIABILITIES 1,080,gJ)7 37.793 1,118,700 1,064,029 NET ASSETS 1,080,907 37,793 1,118,700 1.064,029 FUNDS Unrestricted fvnds Restricted lunds 1,080,907 37,793 1,025,309 38,720 TOTAL FUNDS 1,118,700 1,064,029 The financA81 statements were approved by the Board of Trustees and authorised for issue on J1 August 2025 and were signed on its behaff by: S Amos- Trustee The notes fonn part of these financial stateffents Page 10
TRANSPORT MUSEUM WYTHALL
NOTES TO THE FINANCIAL STATEMENTS for the Year Ended 31 December 2024
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, 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 (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention, as modified by the revaluation of certain assets.
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.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, 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 accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Heritage assets
Heritage assets are recognised as an asset of the charity and separate from other tangible fixed assets on the balance sheet and are measured initially at either cost or valuation if donated.
All heritage assets are carried at fair value determined annually by the trustees of the charity.
Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in the Statement of Financial Activities.
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Taxation
The charity is exempt from tax on its charitable activities.
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.
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TRANSPORT MUSEUM WYTHALL
NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2024
2. OTHER CHARITABLE ACTIVITIES
| Shop income Catering Other income Subscriptions Admissions Private hire 3. INVESTMENT INCOME Rents received Deposit account interest |
2024 £ 45,136 45,211 8,921 5,453 103,992 178 208,891 2024 £ 7,740 1,859 9,599 |
2023 £ 45,830 40,146 6,647 7,053 97,552 333 |
2023 £ 45,830 40,146 6,647 7,053 97,552 333 |
|---|---|---|---|
| 197,561 | |||
| 2023 £ 7,320 2,124 |
|||
| 9,444 |
4. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 December 2024 nor for the year ended 31 December 2023.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 December 2024 nor for the year ended 31 December 2023.
5. HERITAGE ASSETS
| MARKET VALUE At 1 January 2024 Revaluations At 31 December 2024 NET BOOK VALUE At 31 December 2024 At 31 December 2023 |
Total £ 767,800 63,541 |
|---|---|
| 831,341 | |
| 831,341 | |
| 767,800 |
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TRANSPORT MUSEUM WYTHALL
NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2024
6. INVESTMENT PROPERTY
| INVESTMENT PROPERTY | |
|---|---|
| FAIR VALUE At 1 January 2024 and 31 December 2024 NET BOOK VALUE At 31 December 2024 At 31 December 2023 |
£ 55,000 |
| 55,000 | |
| 55,000 |
The trustees have valued the property at fair value in accordance with the restricted covenant placed upon it. The property is not allowed to be used for any other purpose than as a Transport Museum.
7. STOCKS
8.
| STOCKS | ||
|---|---|---|
| Stocks CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other creditors |
2024 £ 70,500 2024 £ 3,840 |
2023 £ 70,500 |
| 2023 £ 3,720 |
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TRANSPORT MUSEUM WYTHALL
NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 December 2024
9. MOVEMENT IN FUNDS
| Net movement | ||||||
|---|---|---|---|---|---|---|
| At 1.1.24 | in funds | At 31.12.24 | ||||
| Unrestricted funds | ||||||
| General fund | 1,025,309 | 55,598 | 1,080,907 | |||
| Restricted funds | ||||||
| Midland Red bus D7 | 33,618 | 927 | 32,691 | |||
| Funds donated for other specific | ||||||
| vehicles | 5,102 | - | 5,102 | |||
| 38,720 | 927 | 37,793 | ||||
| 1,142,399 | 2,368 | 1,144,767 | ||||
| Net movement in funds, included in | ||||||
| the above are as follows: |
| Net movement in funds, included in the above are as follows: |
||||
|---|---|---|---|---|
| Incoming | ||||
| resources(in | Resources | Movement | ||
| c. Gains) | expended | in funds | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 327,173 | (271,575) | 55,598 | |
| Restricted fund | ||||
| Midland Red D7 | 70,275 | (71,202) | (927) | |
| Funds donated for other specific | ||||
| vehicles | - | - | - | |
| 70,275 | (71,202) | (927) | ||
| 397,448 | (342,777) | 54,671 | ||
10. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 December 2024.
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TRANSPORT MUSEUM WYTHALL
DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 December 2024
| INCOME AND ENDOWMENTS Donations and legacies Donations Gift aid Grants Other charitable activities Shop income Catering Other income Subscriptions Admissions Private hire Investment income Rents received Deposit account interest Other income Gain on sale of heritage assets Total incoming resources EXPENDITURE Charitable activities Licences and MOTs Petrol and Diesel Insurance Travel expenses Catering Museum display and signs Exhibits Consumables Rent and rates Light and heat Post and stationery Advertising Sundries Legal fees Property repairs |
2024 £ 52,842 2,702 57,673 113,217 45,136 45,211 8,921 5,453 103,992 178 208,891 7,740 1,859 9,599 2,200 333,907 1,141 13,078 24,067 289 16,259 1,532 164,943 67,986 418 18,291 8,092 15,797 937 447 5,660 338,937 |
2023 £ 53,862 8,500 2,406 64,768 45,830 40,146 6,647 7,053 97,552 333 197,561 7,320 2,124 9,444 150 271,923 1,300 12,759 18,434 214 16,816 3,994 137,465 88,761 (3,371) 18,749 4,866 14,816 889 3,306 36,943 355,941 |
|---|---|---|
This page does not form part of the statutory financial statements
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TRANSPORT MUSEUM WYTHALL
| DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 December 2024 Support costs Governance costs Accountancy Total resources expended Net expenditure |
2024 £ 3,840 342,777 (8,870) |
2023 £ 3,720 359,661 (87,738) |
|---|---|---|
This page does not form part of the statutory financial statements
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