Register of Charities - The Charity Commission THE HAYNES INTERNATIONAL MOTOR MUSEUM

Charity number: 292048
Removed charity

Activities - how the charity spends its money

The Haynes International Motor Museum is dedicated to restore, retain and preserve motoring and motorcycling items of historical and cultural interest in England and by so doing provide an educational base from which much can be learnt. Further information can be obtained from the museum curator.

Income and expenditure

Data for financial year ending 31 January 2018

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

Fundraising

This charity raises funds from the public but does not work with professional fundraisers or commercial participators.

Trading

One or more trustees are also directors of the subsidiaries

Trustee payments

One or more trustees receive payments or benefits from the charity for providing services to the charity.