LONDON TRANSPORT MUSEUM LIMITED

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Moore Kingston Smith LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis which assumes the charitable company will continue in operational existence for a period of at least 12 months from the date of approval of these financial statements. The Trustees continue to review all available information on the Museum's financial position, cash reserves and projections, committed and essential costs, available support packages and the performance of the Museum.”

Group structure

1. LONDON TRANSPORT MUSEUM LIMITED · parent
   1. London Transport Museum (Trading) Limited 100% · UK · operates retail, corporate hire and other non-charitable activities

Significant events

• “In July 2024, CEO and Director Elizabeth McKay unveiled the Museum's new brand and vision to be future fit.”
• “The 2024 London Transport Dinner and Auction was a huge success, raising more than £415,000 through the sale of 45 tables, over 80 auction prizes and two sponsorship packages.”
• “Santa arrived in Covent Garden Piazza on 23 November and our visitors were able to step into a magical winter scene in the Transportorium.”
• “In September, the Museum's first play for an adult audience was launched in the Cubic Theatre. Running until the end of December, 'The Truth About Harry Beck'.”
• “This was followed by the launch of new music programme in February. Visitors can now enjoy live term-time Friday afternoon performances from rising stars studying at London's four conservatoires.”
• “In the summer of 2024, the Museum treated guests to three Heritage train journey events on the London Underground network.”
• “On 30 January the Museum held its annual Skills Late: Talent Transported. This free event was an opportunity for young people to meet recruiting employers.”
• “The Echoes of the Blitz: Underground Shelters in Ukraine and London photography exhibition opened in March 2024 and closed this spring.”
• “In August 2024, our Collections and Learning teams made a memorable impact at the Imberbus event on Salisbury Plain.”
• “Our 2024 Young Freelancers and the Khadija Saye Fellow finished their programme in January.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +4.4%

  £7,545,000 → £7,875,000

• Cash

  -5.6%

  £10,072,000 → £9,503,000

• Net assets

  -6.6%

  £29,464,000 → £27,509,000

• Employees

  —

  Not reported

• Operating profit

  -156.3%

  £741,000 → -£417,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers