ISLE OF WIGHT BUS & COACH MUSEUM LIMITED
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
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.
What the accounts disclose
“costs of raising funds of £29,979 (2023: £15,334)”
“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
Policies the charity declares
- Complaints handling
- Risk management
- Safeguarding vulnerable beneficiaries
- Volunteer management
Property (HM Land Registry)
Register events
- Received assets from another charity (05/01/2021)
Trustees
- Benjamin Richard Dean Bartram
- Daved Forrester
- Derek Priddle
- Graeme Brazier
- KEITH RANDLE
- LEO GERALD ROBERTS
- RICHARD JOHN NEWMAN
- Shirley Elizabeth Winn
- Trevor John Stuart Whelan
- Trevor Wood
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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.