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 rK*mftwA8 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$1 t* ¥ ￿￿•M￿l d three and ¥ maxmum ol wvon trustees
Obl•cllv•s Jmd Actl¥lll•J th4ritatk pufjx>8
The PUffA)ws el thé Charrty gre the advarteM￿l cl tr* ed￿atIon ￿ ihe kxt1￿C ￿ relaiifm lo the Misiofy
Lull￿1& ul Iiioiur Ir¥n¥JuTI ¥￿tallY aKJ to Scollish vehictss Jid Irarisp(K¢ In
JMrcuLgf by assoc01￿9 vokjnlwy oryansaiths. kncal authcrfrtitss Other btrJ*s of whaievor sta￿$,
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¥ll1*s It irtend8 In courso lo carry on v*p)us actNrt*s
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