2023-12-31-accounts

Scottish Motor Museum Trust scio s￿lI1$h Charrty No SCO4￿8 Annual Reporl 8nd Financial For the yèor orKl¢d 31 Oècemb6f 2023 )1 •IO]a

Truste85' Annual Report For the y••r •nd•d 31 0￿emb•1 2023 Iiu51&85 htwe in w8g¥rTtwYJ I￿r i¥pxt l(xJ8Vv wilh th8 Im8wal stai•n•rds Iry Iha ye8r ended 310ocombo( 2023 Relorence and Adn¥nistr•liv¢ knfolmatio Charity Name SuJllish PIC4￿ Museum Twsl SCIO If(Xm￿l¥ S(x)Iti5h HWrtl￿ TIusi1 Charily Mo SC04 ALILli8ss cjo Frasfir tLP Ouwteiniil8 Twu. 2 Ltstw Squwe, Edmtvgh EH3 9GL C{￿rent TfUSl￿8... Strucliire. Govern￿¢• •nd manager￿￿1 Con•tllutl¢)n T￿ Charity ts a Scollish Cmarrtablo Ir£c¢waigd Orwisaton la SCIOI. tt wa5 rtyisler8d In ttg cA4rreni 18qAI lorm Ih8 nam8 8mllith Mot￿1•9 Hpfi15?p I rult M ￿JAni1￿Y ?0￿ 118 rKmftwA8 thNrofttJ lo Scolltsh mo￿1 MAeL4n Twusl SCIO 4 ￿￿U$l 2024 It has £ siTrJle Iiw str￿ll￿e •)0 as such the Vuslees are thtr memws d Ihe ¢orily Thè cuN8nt liustefls Al lh8 Cy￿￿al Iru8lffft@s of Ihe Chwily APPOffitad ￿ ils Incorpcrfal TiuJl•es are aP[￿ted by lh8 Iruslees by moprrty Vole Th¥if) mu$1 t ¥ ￿￿•M￿l d three and ¥ maxmum ol wvon trustees Obl•cllv•s Jmd Actl¥lll•J th4ritatk pufjx>8 The PUffA)ws el thé Charrty gre the advarteM￿l cl tr ed￿atIon ￿ ihe kxt1￿C ￿ relaiifm lo the Misiofy Lull￿1& ul Iiioiur Ir¥n¥JuTI ¥￿tallY aKJ to Scollish vehictss Jid Irarisp(K¢ In JMrcuLgf by assoc01￿9 vokjnlwy oryansaiths. kncal authcrfrtitss Other btrJs of whaievor sta￿$, logeth wrth the pulJK ￿ tho ScotkTrJ rn a commM offort to pr￿v6 tho vehicles mgryuBbilia and lfteroiwe reltstiry to JLth histc¥ Achi8¥•m•nl# •id p•rfom)anc• The Charily has yel c(mmenc8d ￿ti¥ll1s It irtend8 In courso lo carry on vp)us actNrts lo IF￿ S(x)Itwh Moloi MUS￿ tsusl ¥I)d Lwlirw¥ tv wimk t￿&t¢J8 Ihal FIn￿CIal The Lharrty has rDt yet ￿ 8ny trjnsaalt￿6 {2022 Ni5} RO￿TYeS poIIcy No resefves wlty has gs yw bggn as￿11￿1

Pl•ns for futur• period Tho Ch8nty InieThSs In duo course lo take OV¢f ts Operati￿ ol the Scottish Motor Mvseum Trust and cwlints85 lo work towards th8t .IpyJwp(I ,,IIE -,1 LJSII.. s rt'.').")rl ab(Ivp

Siatenwnt of Receipts Paymwnts lor the year ended 31 Oecember 2023 Unrestr￿ad Fund Restnclod Funds P8rKe 8rKJed Period e￿ed 31 De(xnl*r 31 Dec6tnb 2023 2022 Rece￿1$ Paymeniy surr4uUdef￿tt lor tts yeaf

St•i•mefit ol B•lanc•g •• •131 Dècertief 2023 unles1r￿e￿ Restr￿1￿d F￿d5 Toial 2023 Tolai 2022 Assels Liab.,IitlgS Total fuTrJ$

Noto5 to ih• account8 lor thv y•ar ènded 31 O¢C&n￿T 2022 Basis of ￿0)untIr￿j Th￿ &WLN)Is hève ￿8P￿ed Rèeety)ts aThJ Paymenis bas￿ In accord8n￿ with the Charittes & Trustee Investment Iscotknl) Acl 2(K15 and the CharrtJ8s knw)ts IscoiiaTh31 Regulatws las amend8¢1 Naturè aThJ wrpose of lund5 unrestr￿84 fund5 lirè Ihtss8 thal may b8 US8d Ai thè discrelirm ol th8 tru51èè9 in I￿th￿anC￿l of ltrrt Obl￿tY ol charrty ReStr￿Clea lurKls may only ￿ use(1 fcw purpose5 Reslricli￿s arise when specrfied by the when fvTrJs are raised I￿ wrposes Relaled party transac11￿$ No fr8n￿t￿￿ tcok pl8ce wth 8 Iru$lo8 or COn￿cle￿ pef$￿9 tho year Independenl revew A8 Ihor8 have boen r) firwncial Ih859 nol t• the S￿1*¢1 to d6pend8nt review