ISLE OF WIGHT BUS & COACH MUSEUM LIMITED

Registered charity 1097347 · accounts filings on the Charity Commission register

The museum advances public education by establishing a permanent display of historic commercial and public carriage vehicles on The Isle of Wight.

Objects

TO ADVANCE PUBLIC EDUCATION BY ESTABLISHING A PERMANENT DISPLAY OF HISTORIC COMMERCIAL AND PUBLIC CARRIAGE VEHICLES AT A MUSEUM ON THE IOW AND FOR LIKE PURPOSE TO PROMOTE A PERMANENT PRESERVATION OF ALL HISTORIC COMMERCIAL AND PUBLIC CARRIAGE VEHICLES AND EQUIPMENT AND ITEMS OF GENERAL TRANSPORT INTEREST OF ACTUAL POTENTIAL HISTORIC OR SCIENTIFIC IMPORTANCE AND EDUCATIVE VALUE

Area of benefit: ISLE OF WIGHT

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Education/training · website · Get email alerts

Latest income
£165k
Latest spending
£162k
Registered
2003
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that total income increased to £155,902 against expenditure of £138,642, resulting in a net surplus. The charity maintains unrestricted reserves of £119,689, which the Trustees consider adequate to meet their policy target of approximately six months of unrestricted expenditure.

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

What the accounts disclose

Fundraising cost ratio: 19.2% of fundraised income, as disclosed
“costs of raising funds of £29,979 (2023: £15,334)”
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Trustee D Priddle received £3,444 for rental of a barn used for vehicle storage.
“The charity has continued to make payments of £3,444 for the year within the terms of its lease agreement to Mr D Priddle, for the rental of a barn that the charity uses for the storage of vehicles. Mr Priddle has been appointed a trustee during the year.” — page 19
Per its FY2024 accounts as filed with the Charity Commission.

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

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Public fundraising profile: JustGiving — Isle of Wight Bus and Coach Museum (matched by registered charity number).

Property (HM Land Registry)

1 registered title 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.

Public profiles (found on the charity’s own website): facebook · instagram

Register events

Trustees · trustee networks

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

Operates in: Isle Of Wight

Income and spending

Financial year endIncomeSpending
31/12/2025£165k£162k
31/12/2024£156k£139k
31/12/2023£133k£110k
31/12/2022£108k£80k
31/12/2021£97k£78k

Common questions

Is ISLE OF WIGHT BUS & COACH MUSEUM LIMITED financially healthy?

Per its FY2024 accounts: The accounts state that total income increased to £155,902 against expenditure of £138,642, resulting in a net surplus. The charity maintains unrestricted reserves of £119,689, which the Trustees consider adequate to meet their policy target of approximately six months of unrestricted expenditure. Its FY2024 accounts were independently examined.