REGISTERED CHARITY f4UMBER: 27S684
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024
FOR
ENFIELD & DISTRICT VETERAN VEIIICLE TRUST

ENFIELD & DISTRICT VETERAN VEHICLE TRUST
cor4TENTS OF THE FINANCIAL STATEMENTS
for tbe Year Ended 31 JULY 2024
P8ge
Report of the Trustee$
Independent Ex#rniDer'$ Report
Statement of Financial A¢tivitits
B414nee Sheet
r4otes to tbe Financial Statements
7 10 12
Detxiitd StatemeDt of Financial Activities
13

ENFIELD & DISTRICT VETERAN VEHICLE TRUST
REPORT OF THE TRUSTEES
for the Year Ellded 31 JULY 2024
The In￿reeS present their report with the fll)an¢ial statements of the charity for the year ended 31 July 2024. They are
PTppared in atcnrdance with the accountin¥ policies set oui in note I to the fmanctal stht¢ments and comply with the
Charities Act 2011 and Accounting and Reporting by Charities- S￿tetnertt of Recornjnended Practice applicable to
ehariiies preparing their fU￿l£la1 statements in accordance with ihe Financial Reporting Standard applicable in the UK
2nd Republic of Ireland IFRS 102) {effective l January 2019).
ACHIEVEMENT AND PERFORMANCE
DeYelopJnellt, activities and aehievemeDtS
The trustees consider thai th¢ Trusi had a successfvl finan¢ial year.
Th¢ Pa8¢￿11 wo5 h¢ld in May 2024.
The trnst would not be able to operdte without the suppon of a number of people who gave their services voluntarily at
key points during the year. This is especially so in relation to the work parries at the Museum. The trystees wish to exiend
their gratitude to these people and the voluntary groups to which some of these people belong.
Investment powers
The Trust Deed authorizes the trustees to rnake and hold investments according io the law r¢lating to the inve5unent of
st funds. The r￿ed rate investments at the end of the year are deiailed below.
In the year to 31 July 2020 the uusiees inyesied £80,000 in a 3-year bond with The Chariry Bank Lid, £80.000 ID a 3-year
bond with the Hatnpshire Twsi Bank and £40.000 in a 95-day notice account with the Redwood Ba]]k. The bonds with
The Ciwity Bank Ltd and Hampshire Trust Bank matured and were re-invested during the previous year. These
iiivtstsiiellts liav¢ ¢aL"ii¢d £7,969 in inttr¢st during th¢ y¢ar12023 - £4,324).
FinAn¢ial review
The trust had a surplus in the year of £43.347 {2023 - £52,550) . For this year, th¢ repairs and maintenance costs were
£26,116 cornpared 10 £34.981 in the previous year. The surplus is stat¢d after charging depreciation of £27,946.
Donations received in the year were £5.470, compared to £3,586 in Ihe previous year. Income from Museutn open days
wa5 £38.063 for the year compaTed 10 £34,922 in th¢ previous year. The income from the sale of autojumble and the
regular shows has fallen ro £9,698 in the year. compared to £14,514 in the previous yedr.
Income from the cafe and bar has been ￿ated as belonging to theTrust since l Decemb¢r2019. The nei income atnounted
to £18.855 in the year, Compared to £7,747 in the previous year.
The main source of income 15 the annual Enfield Pageant of Motoring. It) 2024, tht event generated income of £128,284
and incurred cosis of £80,713 leaving a net sU￿lUS of £47,571. In 2023, the income was £156.038 and the costs were
£73,920 leaving a net surplus of £82,118.
The trustees review the leyel of reserves periodically to ¢n5ure that the ehariry is able to be rnanaged etTiciently. It is their
policy to maintain unrestricted funds at a level which is sufficlent to meet all known and futtwe commiunents a5 they fall
due.
FUTURE PLANS
new funds are generate(L the trust will continue w deliver its objective of keepthg a pernianent Museum in Enficld
open and will continue to improve the fabric of the building. 'fhe tJust¢cs platjning to replace the roof and replace the
lighting in the workshop. They also plan to improve the cafeteria and continue with the renovation of the railway carriage
in the grounds of the mu5eLUJ] as a new exhibition space. The Trustees are also considering a refujbishmeni and new
heating $￿tern for the basernern¢ and the feasibility of installing a lift between the 1st and 3rd floors. The ac9UlSltion of
exhibits as and when they become available will also coniinue. The trust is in an excellent position to secure new exhibits
because of its links to The Enfjeld & District Veteran Vehicle Sociery Lirnited.
The t￿St£eS are satisfied that there ar¢ ad¢quate resources in the TNSVS funds to fulfil the objeciives of the charity.
Page I

ENTr'IELD & DISTRICT VETERAN VEHICLE TRUST
REPORT OF THE TRUSTEES
lor the Year Ended 31 JULY 2024
STRUCTURE, GOVERNANCE AND MANAGEMENT
Constitution, objective5 and policies
The trust 18 constituted by the Trust Deed datsd I l April 1978 as athended in Nnve.mbe.r ?.019. The r>bjecls of the trust
are to prornote the petmaneni preservation of vehicleb of any typc being old and of historic interesi or scientific
in)portance, and to educat¢ the public in the history of transport and the technical details, cngineering and perfomance
of such vehicles.
The rrusiees have referred to the guidance Contained in the Chariry Commission's general guidance on public benefit
when reviewing their aims and objectives and inplanning future activities. Inparticular, the trusiees considerhow planned
activities will Contribute io the aims and objectives they have set.
It 15 the policy of the tnLStees to coniinue 10 pff)moie evenis thai both funh¢r Ili¥ obuvr vbjrits and iais¢ fut￿5 towards
the ongoing project to establish a Museum of Transport in the London Borough of Enfield.
The majority of the ttusi's work is Carried out by volUn￿er9 working un(kr the direction of the trustees.
The kn1S￿eS ¢aTry Out an annual review of the risks which the chariiy may face and have esiablished systems and
pmctdure4 ta mitigate any ri￿ks identifled and minimise any pot¢ntial impact should any identified risks materialise.
REFERENCE AND ADMIIYISTIi4TIVE DETAILS
Registered Charity number
275684
Principal address
Whitewebbs Museum of Trdllsport
Whitewebbs Road
Eiifield
EN2 9HW
Trustees
Mr A I Wail Chaimian
Mr K H Oswick Vice Chairnian
Mr D J Crooks Treasurer
Mr C E W Whippe
Mr R A Haydock
Mr T W Wordsworth Secretary
Mr A H Clinion
Mr H G Velleman
Mr A J Watt r¢signed as Chaimian on I ith Mawh 2025. but remains a TNste¢. Mr K H Oswick becan)e Chaimian on
that date.
Independent Examitier
Tara Aldwin ACA
Foxley Kingham
Chartered Accountants
260 - 270 Butterfield
Grea¢ Marling
Luion
Bedfordshire
LU2 8DL
The tnLStees named above have .%erved throughout the year, unless stated othenvise. The trustees aPpoin￿ents are
governed by the Trusi Deed of the Charity. At present. the Tnisi ne.pd prnvide% Ih2t the tn]sieeq from time lo lime will be
elecied committee members of The Enfield & Distri¢É Veterdn Vehicle Society Limited, an Indusirial & Provident
Society.
Page 2

ENFIELD & DISTRICT VETERAN VEHICLE TRUST
REPORT OF THE TRUSTEES
for the Year Ended 31 JULY 2024
Approved by order of the board of tn￿tee5 on ..
Sl8ned on its behalf by..
Mr K H Oswick- TNst¢e
Page 3

Ir4DEPENDEIYT EXAMINLR'S REPORT TO THE TRUSTEES OF
ENFIELD & DISTIiICT VETERAN VEHICLL 'I'KUS'1'
IDdepelldent examiner's report to the trustees of Enfield & District Veteran Vehlcle Trust
I report lo the charily Inistees on my examination of the flnancial statements of Enfield & District Veteran Vehicle Trust
(the Trust) for the year ended 3 1 July 2024.
Responsibilities basi8 of report
AS the charity uwiees of the T￿st you are responsible for the preparauon of the f]nancial statements in accordgnce with
the requirejnents tsf the Charities Act 2011 I'the Act'}.
I report in respect of my examination of the Trust's flnancial statements carried out under Se¢tion 145 of the Aci and in
carying out my examination I have followed all applicable Direction5 given by the Charity Conunission under Section
145(5){bl of th¢ Act.
Independent examiDer's statemellt
I have completed tny examlnaiion. l ¢onfirni thai no maierial mailers have com¢ to my atten(IUIL in wnn¥LLiou widi tli¢
¢xamination giving me cause to believe ihai Ln atty maierial respect..
accounting records were not kept in respe¢1 of the Trnst a5 required by Se¢tion 130 of the Act. or
the finan¢ial statements do not accord with those records: or
the f]nancial statements do not comply with the applicable requiremenis concerning the fomi aJJd cont¢nt of
Rr.p.niints Set ()ut in the Clwities (Accounts and Reports) Re£ulation5 2008 other than any requirerneni that the
rinancial stat¢ments give a ttue and fair view which is not a matter considered as part of an independent
examinaiion.
I have no concerns and have come across no other mairers in connection with the examination to which attention should
b¢ drawn in this repon in order to enable a proper understhnding of the fjnancial sthtements to be reached.
Tarn Aldwin ACA
Foxley Kingham
Chanered Accountants
260- 270 Butterfleld
Great Marlings
Luton
Bedfordshire
LU? 8DL
Date..
Page 4

ENFIELD & DISTRICT VETERAN VEHICLE TRUST
STATEMENT OF FINANCIAL ACTIVITIES
for tbe Year Ended 31 JULY 2024
2024
Unrestricted
hinds
2023
Toral
Notes
COME AND ENDOWMEIYTS FROM
Donations and legacies
5,470
3,586
Clwitable activities
Invesm)ent incom¢
220,526
8,718
238,732
4,864
Total
234,714
247 182
EXPEf4DITURE ON
Charitable activities
Charithble activities
191,367
194.632
NET INCOME
43,347
52.550
REC0Tr4CRLIATION OF FUNDS
Tot21 funds brought forward
1,498,597
1.446,047
TOTAL FUNDS CARRIED FORWARD
1,541,944
1498,597
The noies fomi part of these financial statements
Page 5

ENFIELD & DISTRICT VETEIL4N VEHICLE TRUST
BALANCE SHEET
31 JULY 2024
2024
Unrestricted
fi)nds
2023
Total
Notes
FIXED ASSETS
Tangible assets
Herithge asseis
651.744
509 550
594.244
511.775
1.161,294
1.106.019
CURRENT ASSETS
Stocks
Debtors
Cash at baajk and in hartd
10
5,879
2,447
3,595
10,079
384,370
384,772
398,044
CREDITORS
Aynounts falling due within one year
12
(4,122}
{5,466)
NET CURRENT ASSETS
380.650
392 578
TOTAL ASSETS LESS CURRENT
LIABILITIES
1.541,944
1,498.597
NET ASSETS
1.541,944
1,498,597
13
Unr¢qtricted fiinds".
G¢n¥rdl IuDd
L $41 944
1.498.597
TOTAL FUNDS
1,541,944
1.498.597
The financial staternenls were approved by thc Board of Trustees and authorised for issue on ...
and were signed on its behalf by..
MrK H Oswick-
rustee
MrDJC
ook$- Trustee
The notes forni part ol these financial statements
Page 6

ENFIELD & DISTRICT VETERAN VEHICLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 JUL Y 2024
ACCOUNTING POLICIES
Basis of prcparing thc fitLtstseithl statem¢nt$
The financial siatements of the ¢h8rRiy. which is a public benefit entiiy under FRS102, have been prepared in
accordance wsth the Charities SORP IFRS 1021 Accounting and Reporting by Charities.. Statement of
Recommend¢d Practice applicable to charities preparing their a¢¢ounts in accordatlce with the Financial Repolling
Standard applicable in the UK and Republic of Ireland IFRS 102) leffective l January 20191, and the Chariii¢s
Aot 2011. The fmancial stsrements bave been prepared under the historical cost conv¢ntion.
The presentation currency of the financial statements 15 in Pounds Swling (£1, which is the tiinctional cutrency
of thc ¢h8rity.
Intome
All irL¢ome is recognised in the Statemeni of Fitwicial Activities once the charity has elltitlement io the funds. it
is probable ihat the income will be received and the amount can be measured reliably.
Expenditllre
Costs of raising fwids tomprise the costs aSW.iSJte.A with attracting voluntary income: mainly in rtlatson to
raising events.
Charitable expendirnre comprises th0￿e costs incurred by the charity in the delivery of its activities and services
for its benefLciarLes. It includes both co.%ts thai can be allocated directly to such activities and those costs of an
indirect nature necessary to support them.
Govemance costs include those costs asswiated with Tneeting the consiiwiional and statuiory requir¢ments of th¥
chariry and include the accountancy fees and costs linked to the strdregic managernent of the charity.
Goodwlli
Goodwill is amortised evenly over its estimated useful life of 2 years.
Tangible fixed as$els
Depr¢ciation is pr(>vided at ihe following annu21 rates in order to write off each asset over its estimated usefvl life.
Freehold property
Plant and rnachinery
Fixtures and fittings
at varying rates on cosi
250/0 on cost
25 /• on cgst
Heritage assets
Heritage assets are stated ai iheir cosi to the charity and are not depreciaied on the basis thai they are d¢¢rned 10
hav¥ ind¥flliair lifr lu tsieiI oi)goLiig Lilaliiten￿1Cc and likclihtsod of appr¢ciatin8 in valuc.
Stock5
Stocks are valued ai the lower of cost and nei realisable value, after making due allowance for obsolete and slow
oving itetns.
T8x¥tioll
The charity is exempi from tax on lis charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the ¢t￿l￿ble objectives at the discretaon of the trnsiee5.
Restricted funds Can only be used for particular iestricted purposes within the objects of the Charity. Restrictions
arise when specified by the donor or when fiujds arr raitsed for particular restricted purposes.
Further explanation of the nature and puwse of each fund is included in the notes to tbe fmantial gtaiemellis
Pag¢ 7
continued..

ENFIELD & DISTRICT VETERAN VEHICLE TRUST
NOTES TO THE FINANCIAL STATEMENTS- colltillued
for the Year Ended 31 JULY 2024
Accouf4TING POLICIES- colltiDued
Hite puiih#se and leasiDg commitments
RentaL% paid under operating leases are charged to the Statement of Financial A¢tivilies on a straight line basis
over the penod of the lease.
CHARITABLE ACTIVITIES
2024
2023
Pageant income
Shop sales
Auiojumble. bike shows et¢
Museum entrance fee
Other income
Café and bar inCOULe
Vehicle sales
128.284
2,965
9,ti98
38.063
11.382
28.509
1.625
156.038
2,720
14.5 14
34.922
5.367
23.156
2.015
220.526
238.712
INVESTMENT INCOME
2024
2023
Lnv¢slm¢nt income
CHAIUTABLE ACTIVITIES COSTS
Cost$ directly alloeated to activities
BA315 of
al]oeation
Actual
Rai$illg
funds
Chayitablf
#etivities
2024
2023
Sthfl'cosis
Café and bJT PUTchases
Generdl office costs
Pagcani cos15
Moiur expenses
Bank charge5
Legal and professional fees
Hire of plant and machin
Advertising
6.500
15.409
8.023
73,920
9.654
10,642
9,654
10,642
80,713
2,667
2.187
360
974
80.713
2.667
2,187
360
974
768
5,798
345
Gov￿9￿Cc G03ty'.
Audit and aCL￿￿nt8ftcY
3,120
3.120
3,182
29,604
117,247
Support cost¥ allo¢*ted to aeti¥ltlts
P￿miseS
Communication5
D¢pteLiaiion
Usage
50,620
2.484
27.946
50,620
2,484
58.073
1.879
17.433
81.050
81.050
77.385
80,713
110,654
191367
194,632
Pag¢ 8
continued...

ENFIELD & DISTRICT VETERAF4 VEHICLE TRUST
NOTES TO THE FINANCIAL STATEMENTS- tontinued
for the Year EDded 31 JULY 2024
TRUSTEES, REMUNERATION AND BENEFITS
There were no trustc¢￿' [r￿u￿r[￿lIV￿ ur bellrfits foi die y¢at uidcd 31 July 2024 nor for thc ycar cndcd
31 luly 2023.
Tru5tee8 expell$es
Expenses incuTTed by trnstees on behalf of the Trust have been reimbursed in the years ended 3 1st July 2024 and
3 1st July 2023. In the year 10 31st July 2024, 6 trustees were reimbursed a total of £4,096 in expenses {2023 - 4
trustees, £3,458).
STAFF COSTS
2024
2023
Wages and salaries
Social security cosis
Other pension ctssts
6,500
6,500
The average monthly numberof employees during the year was as follow5..
2024
2023
Athninistration
No employee5 received emoluments in excess of £60,000.
INTANGIBLE FIXED ASSETS
Good￿711
COST
At l August 2023 and 31 July 2024
670
AMORTISATION
At l August 2023 and 31 July 2024
670
F4ET BOOK VALUE
At 31 July 2024
At 31 July 2023
Page 9
continued...

ENFIELD & DISTRICT VETEiW4 VEHICLE TRUST
NOTES TO THE FINANCIAL STATEMENTS- ¢ont5nued
for the Year EDdtd 31 JULY 2024
TANGIBLE FIXED ASSETS
Fixtures
Fre¢hold
property
Plant and
machinery
fittings
Totsls
COST
At l August 2023
Additions
620,607
85.446
57,873
112.572
791.052
85.446
At 31 July 2024
706.053
112572
876 498
DEPRECIATION
At l August 2023
Charge for year
27,000
27,311
57.872
111,936
635
196,808
27,946
At 31 July 2024
54.311
57,872
112.571
224,734
NET BOOK VALUE
At 31 July 2024
651742
651,744
At 31 July 2023
593,607
636
594.244
HERITAGE ASSETS
Victorian
Fire Station
Museum
Exhibits
Tothls
COST
At l August 2023
Disposa]s
295.731
216.044
12,225)
511,775
(2.22))
295.731
213,819
509.550
NET BOOK VALUE
At 31 July 2024
295,731
511,775
At 31 July 2023
295.731
216.044
511,775
io.
STOCKS
2024
2023
Stocks
5.879
3.595
Page 10
continued...

ENFIELD & DISTrICT VETERAN VEHICLE TRUST
NOTES TO THE FINANCIAL STATEMENTS- CODtiDued
for the Ytar Ended 31 JULY 2024
ii.
DEBTORS: AMOUNTS FALLING DUE WITHITrI ONE YEAR
2024
2023
Prepayrnents and accrued in¢om¢
12.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Other creditors
13.
MOVEMENT IN FUNDS
Net
movenlellt
in funds
At
3 1.7.24
Ai 1.8.23
Ullrestriettd lunds
Generdl fvnd
1,498,597
43.347
1,541,944
TOTAL FULYDS
1.498,597
43.347
1,541944
Net movem¢nt in funds, included in the above are &$ follows=
Incoming
resources
ResoU￿e5
expended
Movement
in funds
Unrestrleted funds
General fund
234,714
1191.367)
43,347
TOTAL FUNDS
234,714
191.367}
43.347
Comparatives for tnovement in funds
Net
movement
in funds
At
31.7.23
At 1.8.22
Unrestrfieted fuDds
General fL￿d
1.446,047
52,550
1.498,597
TOTAL FUNDS
1,446,047
52,550
1.498.597
Page 11
coniinued...

ENFIELD & DISTRICT VETERAN VEHICLE TRUST
NOTES TO THE FINANCIAL STATEMENTS- eontlnued
for the Year Ended 31 JULY 2024
13.
MOVEMENT IN FUNDS - Continued
Comparativc nct rnovcrncnt in fLmds, included in the above tsre as follows..
Incoming
resources
Resources
expended
Movement
in funds
Unrestricted funds
General fund
247,182
1194.632)
52,550
TOTAL FUNDS
247.182
194,632)
A current yeat 12 months and prior year 12 months combined position is as (ollowg..
Net
movcmcnt
At
31.7.24
At 1.8.22
in funds
Unrestricted funds
General futjd
1.446,047
95,897
.541.944
TOTAL FUNDS
1446,047
95,897
,541,944
A current year 12 months and prior year 12 months ¢ombin¢d net movement in funds. includ¢d in the above are
as follows-.
Incomjng
resources
Resour¢¢s
expended
Movement
in ￿ndS
Unrestricted fuud$
Generdl fund
481,896
1385,999)
95.897
TOTAL FUNDS
481896
385,999)
95.897
14.
RELATED PARTY DISCLOSURES
There were no related party t]￿Sa¢ll0￿S for the year ended 31 July 2024.
Page 12