Dundee Museum of Transport (SCIO)
Latest income
£673k
Latest spending
£213k
Accounts read
FY2025
Form
SCIO (Scottish Charitable Incorporated Organisation)
Financial health, per FY2025 accounts
The accounts state that the charity made a surplus of £460,022 for the year ended 31 March 2025, with total reserves carried forward of £1,341,046. The Trustees consider the financial future of the charity to be secure and have adopted the going concern basis, noting adequate resources to continue operations for the foreseeable future.
What the accounts disclose
Reserves position: below the charity's own stated policy
“The unrestricted fund at the year end was £134,269 (2024 - £184,361). The Trustees are aware that continued fundraising will be required to meet future expenditure and to comply with the Reserves policy” — page 5
Per FY2025 accounts as filed with OSCR.
Related-party transaction: 23
“During the year, the company received marketing support and services, on commercial terms, from The Malting House, a company related through common ownership and control by one of the Trustees, Wendy Maltman. The total purchases during the year amounted to £13,292 (2024:£15,899). At the year end, the company was due to pay £840 (2024:£1,531). Details of transactions with the Trustees and key management are disclosed in notes 10 and 11.” — page 28
Per FY2025 accounts as filed with OSCR.
Employees paid over £60,000: 0
Per FY2025 accounts as filed with OSCR.
Trading subsidiary: Dundee Museum of Transport Ltd
“Dundee Museum of Transport Ltd is a wholly owned subsidiary, incorporated in Scotland. The company was incorporated on 22 December 2015 and has remained dormant since incorporation.” — page 24
Per FY2025 accounts as filed with OSCR.
Independent examiner: BK PLUS AUDIT LIMITED
Per FY2025 accounts as filed with OSCR.