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2022-10-31-accounts

Trustee’s Annual Report

Period: 1[st] November 2021 – 31[st] October 2022

This particular period has seen several challenges to the Trust. The decision was made to transfer the original FTT Charity registration to a new CIO (Charitable Incorporated Organisation) which is better suited to the Trust’s aims and allows the Trust to enter directly into agreements rather than through individual Trustees.

During this period, some changes to the Trustees have been made. James Millington resigned from the Trust in October 2022, and Matt Lodge has come on board as a new Trustee. Unfortunately, our Chair, Eric Berry, was taken seriously ill in March 2022 and for the moment his tasks are being jointly managed by Philip Higgs & Peter Watts.

This had the unfortunate consequence of restricting access to the Trust’s bank accounts, as Eric Berry was just in the process of moving our banking affairs to online when he was hospitalised, resulting in the temporary loss of access (which is partly the reason for the delay in our Annual Report).

Another unfortunate issue which is still causing issues is that the new improved web page went active, but the web designer we were using passed away just a matter of weeks later and before the access codes had been handed over. Again this is causing us to be temporarily locked out of any changes to the web page, and the hosting site is not being helpful to resolve the situation. The web page contains references to our previous Charities Commission registration, but as this is linked in the CC database to the new CIO registration, this is inconvenience but still valid information.

With regards to the bus collection, the Trust has acquired ex Ribble Bristol LHS 272 FBV272W on long term loan from Paul Emery. This will be restored to its “Betty’s Bus” livery when new. Fylde Borough Transport 7 (TKU469K) has been completed and is now operational.

For the tram collection, the highlights are as follows:

November 2022. It will then remain a static exhibit at the Tramtown museum at Rigby Road

On the bus collection side, highlights are:

Financial details for the period in question are as follows: