Charity Accounts Intelreading the accounts so you don’t have to

WORKING OMNIBUS MUSEUM PROJECT LTD

Registered charity 1020411 · accounts filings on the Charity Commission register · also known as CITY OF PORTSMOUTH PRESERVED TRAN, CITY OF PORTSMOUTH PRESERVED TRANSPORT DEPOT (CPPTD), MEDSTEAD DEPOT OMNIBUS GROUP (MDOG), SOUTHAMPTON & DISTRICT TRANSPORT HERITAGE TRUST, STEDHAM GARAGE GROUP (SGG)

The running of premises for the storage and restoration of items, and a museum of restored items which tell the story of local road passenger transport on the South Coast.The organisation and operation of free bus services and other special events to demonstarte the vehicles and practices used in the past to operate local road passenger transport.

Causes: Education/training · Environment/conservation/heritage · Get email alerts

Latest income
£100k
Latest spending
£93k
Registered
1993
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a surplus of £36,475 for the year ended 31 December 2024, with total incoming resources of £118,891 against outgoing resources of £82,416. The trustees consider free reserves of £140,375 to be adequate to cover rental commitments, operational costs, and administration in the event of no income being received. The independent examiner confirmed that no matters came to their attention to suggest non-compliance with accounting requirements.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: cover the rental commitments for storage space, the operational costs of the vehicles, and the administration and management for the year, in the event of no income being received (held: £140k)
“The trustees consider that this should be at a level which would cover the rental commitments for storage space, the operational costs of the vehicles, and the administration and management for the year, in the event of no income being received.”
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Property (HM Land Registry)

2 registered titles in England and Wales held by the charity’s company or corporate body (1 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Hampshire · West Sussex

Income and spending

Financial year endIncomeSpending
31/12/2024£100k£93k
31/12/2023£119k£82k
31/12/2022£67k£65k
31/12/2021£224k£53k
31/12/2020£187k£52k

Common questions

Is WORKING OMNIBUS MUSEUM PROJECT LTD financially healthy?

Per its FY2024 accounts: The accounts state that the charity reported a surplus of £36,475 for the year ended 31 December 2024, with total incoming resources of £118,891 against outgoing resources of £82,416. The trustees consider free reserves of £140,375 to be adequate to cover rental commitments, operational costs, and administration in the event of no income being received. The independent examiner confirmed that no matters came to their attention to suggest non-compliance with accounting requirements. Its FY2024 accounts were independently examined.