REGISTERED NUMBER: 06058747 (England and Wales)

Financial Statements

for the Period 1 April 2025 to 31 December 2025

for

Tramway Museum Services (R&C) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

J Blythe

G R Bennett

REGISTERED OFFICE:

The National Tramway Museum

Crich

Matlock

Derbyshire

DE4 5DP

REGISTERED NUMBER:

06058747 (England and Wales)

AUDITORS:

Bates Weston Audit Ltd

Statutory Auditors

Chartered Accountants

The Mills

Canal Street

Derby

DE1 2RJ

CURRENT ASSETS

Stocks

16,414

29,484

Debtors

4

373

2,228

Cash at bank

802,111

495,246

818,898

526,958

CREDITORS

Amounts falling due within one year

5

762,379

451,696

NET CURRENT ASSETS

56,519

75,262

TOTAL ASSETS LESS CURRENT LIABILITIES

56,519

75,262

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

56,517

75,260

56,519

75,262

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 September 2026 and were signed on its behalf by:

G R Bennett - Director

1.	STATUTORY INFORMATION

Tramway Museum Services (R&C) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with the parent charity.

Turnover

Turnover comprises revenue recognised by the company in respect of goods and services supplied during the year, exclusive of Value Added Tax.

Turnover from shop, food and drink sales is recognised at the date of supply.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Gift aid payment to charity

The company pays all taxable profits arising in a reporting period to its parent charity under the gift aid scheme. These gift aid payments are recognised as distributions to owners in equity within retained earnings.

At the reporting date there was no legal obligation in place for the company to make this gift aid payment, although prior to the reporting date the board had indicated its intention to pay the taxable profits to the parent charity in respect of the reporting period. The payment is expected to be made within 9 months of the end of the reporting date.

The change in accounting policy for gift aid payments results in the company recognising a taxation charge on its profits for the year. However, the application of the exception under paragraph 29.14A of FRS 102 provides relief in respect of the accounting for the tax charge. This results in an overall £nil charge for tax in the income statement. This exception is only applicable as it is probable that the gift aid payment will be made by the company to the parent charity within 9 months of the reporting date.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2025 - NIL).

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2025

£

£

Trade debtors

373

2,228

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2025

£

£

Trade creditors

840

28,420

Amounts owed to group undertakings

761,539

423,276

762,379

451,696

6.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Wayne Thomas FCA (Senior Statutory Auditor)

for and on behalf of Bates Weston Audit Ltd

7.	ULTIMATE PARENT COMPANY

The ultimate parent company is The Tramway Museum Society, a charitable company incorporated in England and Wales, which shares the registered office as detailed on page 1. The financial statements of The Tramway Museum Society can be obtained from Companies House or The Charity Commission.