London Transport Museum Limited
Analysis
London Transport Museum Limited is a registered charity in England and Wales, based in London. It was registered in March 2008, 18 years ago. Its declared purposes cover education/training, arts/culture/heritage/science and environment/conservation/heritage, which this site groups under arts, culture, heritage and science. Legally it is a charitable company (Companies House number 06495761). It says it provides services and other charitable activities.
In the financial year ending March 2025, London Transport Museum Limited reported income of £19.9m and spending of £21.9m, spending 110% of what it took in. Across the 5 years on record, from March 2021 to March 2025, income grew from £11.7m to £19.9m (+70%), an average of +14% a year. The sharpest change came in the year to March 2022, when income rose by 32%. Over the whole period it spent 100% of the income it received.
Among 17,634 England and Wales charities whose main cause is arts, culture, heritage and science and that reported income, London Transport Museum Limited sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in England and Wales with reported income it ranks in the 99th percentile. Charities of a similar size with the same main cause include Enable Leisure and Culture (£19.8m), Screenskills Limited (£20.0m) and Royal Navy Museums (£19.7m).
In its latest detailed accounts, income came from trading 40%, charitable activities 33%, donations and legacies 26% and investments 1.4%. Gifts in wills alone brought in £91k. Charitable activities took 67% of spending and raising funds 33%. Reserves of £8.1m would cover about 4 months of spending at that rate. It employed 172 people.
Income and spending
Where the income comes from
- Donations 26%
- Legacies 0.5%
- Charitable activities 33%
- Trading 40%
- Investments 1.4%
In the charity's own words
- Education and engagement activities via on site and out reach programmes.- Access and museum operations including permanent displays, special events and online resources.- Heritage and collections including the preservation, management, research and acquisition of transport related objects and information, heritage vehicle outings and a programme of talks and events.
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Enable Leisure and Culture | London | £19.8m |
| Screenskills Limited | London | £20.0m |
| Royal Navy Museums | Portsmouth | £19.7m |
| The Landmark Trust | Maidenhead | £20.0m |