THE LONDON BUS PRESERVATION TRUST LIMITED
Study, compile records on and restore, preserve and maintain buses, carriages and other items of road transport.
Financial health, per its FY2024 accounts
The accounts state that the Trust achieved a surplus of £370,786 for the year ended 31 December 2024, driven largely by legacy income. Per the trustees' report, unrestricted reserves stood at £3,578,850, significantly exceeding the stated policy target of covering one year's expenses. The Trustees confirmed adequate financial reserves and a reasonable expectation of continuing in operation for the foreseeable future.
What the accounts disclose
“The Trust aims to maintain a minimum level of Reserves as recommended by the Charity Commissioners. This is equivalent to the level of General Reserves covering at least one year’s expenses in the event of a serious downturn/failure in fund raising.” — page 7
“The Trust has two subsidiary companies, London Bus Museum Limited (company number 5903873), which operates the shop at the museum, and London Bus Preservation and Repair Limited (company number 7147492), a dormant asset holding company.” — page 4
Corporate structure
- Registered company of the charity Companies House 01061762
- Trading subsidiary: LONDON BUS MUSEUM LTD Companies House 05903873
- Equity: £11k
Company officers (Companies House)
- HASTINGS, Richard on trustee list
- MULVEY, David, Dr on trustee list
- DUFF, John on trustee list
- HAQ, Aaliah on trustee list
- YEXLEY, Mark David James on trustee list
- TELLING, Richard Stephen on trustee list
- DANIELS, Leon Alistair on trustee list
- BROWN, Peter
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2024)
Register events
- Received assets from another charity (05/01/2021)
Trustees
- Aaliah Haq
- Dr David Mulvey
- John Duff
- Leon Daniels
- Mark Yexley
- Richard Hastings
- Richard Telling
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £398k | £354k |
| 31/12/2024 | £661k | £303k |
| 31/12/2023 | £457k | £303k |
| 31/12/2022 | £309k | £316k |
| 31/12/2021 | £243k | £264k |
Common questions
Is THE LONDON BUS PRESERVATION TRUST LIMITED financially healthy?
Per its FY2024 accounts: The accounts state that the Trust achieved a surplus of £370,786 for the year ended 31 December 2024, driven largely by legacy income. Per the trustees' report, unrestricted reserves stood at £3,578,850, significantly exceeding the stated policy target of covering one year's expenses. The Trustees confirmed adequate financial reserves and a reasonable expectation of continuing in operation for the foreseeable future. Its FY2024 accounts were audited by John D Kilby & Co.
Who funds THE LONDON BUS PRESERVATION TRUST LIMITED?
Funders whose own accounts filings name THE LONDON BUS PRESERVATION TRUST LIMITED as a grant recipient include LONDON TRANSPORT MUSEUM FRIENDS.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| LONDON TRANSPORT MUSEUM FRIENDS | FY2025 | £6k | Grant |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| KUSUMA TRUST UK | 1 | £130k |
| THE FINNIS SCOTT FOUNDATION | 1 | £750 |
Charities like this
- THE THAMES VALLEY AND GREAT WESTERN OMNIBUS TRUST
- LONDON TRANSPORT MUSEUM LIMITED
- LONDON TRANSPORT MUSEUM FRIENDS
- BRESSINGHAM STEAM PRESERVATION COMPANY LIMITED
- WESTERN LOCOMOTIVE ASSOCIATION LIMITED
- LHA LONDON LTD
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE LONDON BUS PRESERVATION TRUST LIMITED | £398k | — | 0 | unclear | — | no doubt |
| THE THAMES VALLEY AND GREAT WESTERN OMNIBUS TRUST | £171k | — | 0 | above | — | no doubt |
| LONDON TRANSPORT MUSEUM LIMITED | £19.9m | — | — | unclear | — | no doubt |
| LONDON TRANSPORT MUSEUM FRIENDS | £427k | — | 0 | unclear | — | no doubt |
| BRESSINGHAM STEAM PRESERVATION COMPANY LIMITED | £1.0m | — | 0 | above | — | no doubt |
| WESTERN LOCOMOTIVE ASSOCIATION LIMITED | £191k | — | 0 | unclear | — | no doubt |