THE CARDIFF TRANSPORT PRESERVATION GROUP
The CTPG lease the old Western Welsh depot on Broad Street, Barry from the Vale of Glamorgan Council. The CTPG organises several open days and vehicle rallies each year and holds a monthly meeting on the third wednesday of each month. Members receive a quarterly newsletter and if they wish help to restore the Groups buses, ride on them and drive them to rallies.
Financial health, per its FY2024 accounts
The accounts state that the charity broke even and made a small profit for the first time in two years, with total income of £83,301 against total expenditure of £82,918. The charity holds unrestricted reserves of £95,414, significantly exceeding its stated policy target of £4,000 to £5,000. The trustees confirm there are no uncertainties about the charity continuing as a going concern.
What the accounts disclose
“Our largest and most reliable source of funds is rental income generated by garaging other heritage vehicles on our premises.”
“CTPGs policy is to retain reserves of £4,000 to £5,000 in its bank account as a contingency for unexpected expenditure.”
Trustees
- MIKE TAYLORchair
- Carl Stuart WREN
- Martyn EVANS
- Richard David JOHNSON
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £83k | £83k |
| 31/12/2023 | £76k | £87k |
| 31/12/2022 | £83k | £109k |
| 31/12/2021 | £101k | £52k |
| 31/12/2020 | £69k | £41k |
Common questions
Is THE CARDIFF TRANSPORT PRESERVATION GROUP financially healthy?
Per its FY2024 accounts: The accounts state that the charity broke even and made a small profit for the first time in two years, with total income of £83,301 against total expenditure of £82,918. The charity holds unrestricted reserves of £95,414, significantly exceeding its stated policy target of £4,000 to £5,000. The trustees confirm there are no uncertainties about the charity continuing as a going concern.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 21/02/2002 | £5k | "The project is to extend information about the history of transport, including coachbuilding. The money is for display panels, and printing" |
| The National Lottery Heritage Fund | 24/01/2000 | £5k | "The project is to hold a 'Bus and Coach Wales 2000' event on 4 June 2000 and an Organ Festival from 28 May to 4 June 2000. The money is for" |