NORTHAMPTON TRANSPORT HERITAGE
To promote and use the Charities knowledge and expertise in the local (Northamptonshire) Transport Heritage, providing access to anyone to use the vehicles and for the Charity to use the vehicles for display or for use for the benefit of local people
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net deficit of £3,123 for the year, primarily due to releasing restricted funds for vehicle restoration, while unrestricted reserves increased modestly to £9,413. The trustees note that the financial position is modest and the charity remains exposed to potential lack of freewill donations due to the absence of grant funding. They acknowledge challenges in volunteer recruitment and funding opportunities but consider the overall position to be reasonable.
What the accounts disclose
“Two vehicles were purchased by Malcolm Tales, a trustee, and have been used effectively as NTH vehicles and the vehicles have now been transferred to NTH ownership. However, an additional agreement was made that the vehicles return to Malcolm in the event of NTH ceasing to exist during his lifetime.” — page 9
Trustees
- Graham Croucherchair
- Andrew Rhodes
- Georgina Jeyes
- Malcolm Tales
- NEIL FARMER
- Phillip Curtis
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £33k | £36k |
| 31/12/2023 | £32k | £25k |
| 31/12/2022 | £34k | £28k |
| 31/12/2021 | £28k | £16k |
Common questions
Is NORTHAMPTON TRANSPORT HERITAGE financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net deficit of £3,123 for the year, primarily due to releasing restricted funds for vehicle restoration, while unrestricted reserves increased modestly to £9,413. The trustees note that the financial position is modest and the charity remains exposed to potential lack of freewill donations due to the absence of grant funding. They acknowledge challenges in volunteer recruitment and funding opportunities but consider the overall position to be reasonable. Its FY2024 accounts were independently examined.