THE THAMES VALLEY AND GREAT WESTERN OMNIBUS TRUST
ADVANCING THE EDUCATION OF THE PUBLIC IN THE HISTORY OF PUBLIC ROAD PASSENGER TRANSPORT AND IN PARTICULAR IN THE HISTORY OF THOSE COMPANIES AND TYPES OF VEHICLES OPERATED THROUGH THE THAMES VALLEY AND GREAT WESTERN ROAD TRANSPORT CORRIDORS. CURRENT ACTIVITIES INCLUDE VINTAGE BUS RUNNING DAYS WHERE THE PUBLIC CAN EXPERIENCE BYGONE TRAVEL, RESTORATION OF HERITAGE VEHICLES, AND RESEARCH PUBLICATIONS.
Financial health, per its FY2025 accounts
The accounts state that total funds increased to £457,659, with unrestricted reserves rising to £190,570, which the Trustees consider sufficient to meet their stated policy target of at least £100,000. The Trust reported a net income of £45,051 and confirmed there are no material uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
“the Trustees now consider reserves of at least £100,000 should be maintained and built on where possible for the foreseeable future.”
“£65,000 was gifted from profits by Helacol Limited (a company owned by trustees Colin Billington and Helen Bolt) for expenditure by the Trust on restoration and event/educational activity related to the West Country loan vehicles (RF1);” — page 55
“The Trustees have therefore agreed that a favourable rent of £23/week (2023-24: £23) is charged for storing vehicles owned by, or on loan from unrelated parties to, the Trust.” — page 58
“£65,000 was gifted from profits by Helacol Limited (a company owned by trustees Colin Billington and Helen Bolt) for expenditure by the Trust on restoration and event/educational activity related to the West Country loan vehicles (RF1);” — page 55
“The Trustees have therefore agreed that a favourable rent of £23/week (2023-24: £23) is charged for storing vehicles owned by, or on loan from unrelated parties to, the Trust.” — page 58
“£65,000 was gifted from profits by Helacol Limited (a company owned by trustees Colin Billington and Helen Bolt) for expenditure by the Trust on restoration and event/educational activity related to the West Country loan vehicles (RF1);” — page 55
“The Trustees have therefore agreed that a favourable rent of £23/week (2023-24: £23) is charged for storing vehicles owned by, or on loan from unrelated parties to, the Trust.” — page 58
“£65,000 was gifted from profits by Helacol Limited (a company owned by trustees Colin Billington and Helen Bolt) for expenditure by the Trust on restoration and event/educational activity related to the West Country loan vehicles (RF1);” — page 55
“The Trustees have therefore agreed that a favourable rent of £23/week (2023-24: £23) is charged for storing vehicles owned by, or on loan from unrelated parties to, the Trust.” — page 58
Trustees
- Dr COLIN JOHN BILLINGTONchair
- DAVID SHEPPARD
- Dr HELEN BOLT
- Melvyl James Williams
- PETER MICHAEL DELANEY
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 28/02/2025 | £171k | £126k |
| 29/02/2024 | £119k | £122k |
| 28/02/2023 | £114k | £97k |
| 28/02/2022 | £114k | £90k |
| 28/02/2021 | £98k | £80k |
Common questions
Is THE THAMES VALLEY AND GREAT WESTERN OMNIBUS TRUST financially healthy?
Per its FY2025 accounts: The accounts state that total funds increased to £457,659, with unrestricted reserves rising to £190,570, which the Trustees consider sufficient to meet their stated policy target of at least £100,000. The Trust reported a net income of £45,051 and confirmed there are no material uncertainties regarding its ability to continue as a going concern. Its FY2025 accounts were independently examined.