IPSWICH TRANSPORT MUSEUM
The Ipswich Transport Museum exists to preserve the transport and engineering history of the Ipswich area. It does this through the operation of a Museum in Cobham Road Ipswich, through its website and the organisation of external events such as exhibitions, rallies, lectues and public acces to its archives.
Financial health, per its FY2025 accounts
The accounts state that the charity operates entirely with volunteers and has no paid staff, resulting in low operational costs. Unrestricted reserves stood at £522,350, which significantly exceeds the stated policy target of maintaining funds to meet one year's fixed costs. The trustees report that the museum has traded positively and has adequate resources to continue in operational existence.
What the accounts disclose
“Donations and legacies are considerably higher in the year.” — page 6
“The reserve policy of the charity is to maintain funds to meet one year's fixed costs to accumulate other funds to develop the museum premises and facilities, acquire new artefacts and improve the interpretation of the exhibits.” — page 7
“The charity's wholly owned subsidiary Ipswich Transport Museum Services Limited was established to operate the museum shop and tea room and to carry on other operational trading opportunities.” — page 8
Corporate structure
- Trading subsidiary: IPSWICH TRANSPORT MUSEUM SERVICES LIMITED Companies House 02787101
- Donated/gift-aided to the charity: £21k
- The company is a subsidiary of Ipswich Transport Museum (charity no 276626).
“The company gifted £20.666 by covenant to the charity during the year ended 28 February 2026”
Funders the charity credits
Property (HM Land Registry)
Trustees
- ADRIAN HARRIS COOPER
- BERNARD SIMPSON
- David John Frost
- EDWARD GEORGE KING
- ERIC MOUSER
- Mark Smith
- Peter James Meredith
- Richard Hanley
- Robert Mellor
- STEPHEN MARSZAL
- Stephen Cobb
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 28/02/2025 | £134k | £103k |
| 29/02/2024 | £104k | £109k |
| 28/02/2023 | £110k | £123k |
| 28/02/2022 | £78k | £67k |
| 28/02/2021 | £65k | £93k |
Common questions
Is IPSWICH TRANSPORT MUSEUM financially healthy?
Per its FY2025 accounts: The accounts state that the charity operates entirely with volunteers and has no paid staff, resulting in low operational costs. Unrestricted reserves stood at £522,350, which significantly exceeds the stated policy target of maintaining funds to meet one year's fixed costs. The trustees report that the museum has traded positively and has adequate resources to continue in operational existence. Its FY2025 accounts were independently examined.
Who funds IPSWICH TRANSPORT MUSEUM?
Funders whose own accounts filings name IPSWICH TRANSPORT MUSEUM as a grant recipient include THE TUDWICK FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE TUDWICK FOUNDATION | FY2023 | £3k |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 21/03/2013 | £49k | "Restoration of Cambridge Horse Tram No 7" |
| The National Lottery Heritage Fund | 25/01/2006 | £2k | "Museum Using Grant To Significantly Upgrade Its Outmoded Lecture And Presentation Equipment. New Equipment, Digital Project And Laptop, Will" |
| The National Lottery Community Fund | 18/01/2006 | £2k | ITC Modernisation |
| The National Lottery Community Fund | 14/09/2005 | £3k | refurbishment of vintage coach seats |
| The National Lottery Heritage Fund | 23/09/2004 | £50k | "Bristol "K"" |
| The National Lottery Heritage Fund | 15/12/1999 | £131k | "Ipswich Transport Museum Development" |