---
title: "London Transport Museum Limited rating | CharityCompare"
description: "Is London Transport Museum Limited a legitimate UK charity? Clarity Score 81/100. Accounts 2025: income £20m · 66% on charitable activities. Reg 1123122."
source: https://www.charitycompare.org.uk/charity/london-transport-museum-limited
retrieved: 2026-08-18T02:14:45.922Z
license: "Charity data © Crown copyright, Open Government Licence v3.0"
---

Quick answer

## Is London Transport Museum Limited a good charity?

London Transport Museum Limited scores 81/100 (4 stars, Good) on CharityCompare's Clarity Score, calculated from its UK regulator filings. Its latest accounts year is 2025 (£20m total income, 66% of spending on charitable activities). This reflects financial transparency and stewardship on paper — not the real-world impact of its programmes. See the full breakdown.

London · WC2E 7BB |
Reg [1123122](https://www.charitycompare.org.uk/charity/london-transport-museum-limited) | Registered charity | [Official website](https://www.ltmuseum.co.uk/) | [Charity Commission register](https://register-of-charities.charitycommission.gov.uk/en/charity-search/-/charity-details/1123122)

Donate

## How can you give to LONDON TRANSPORT MUSEUM LIMITED?

You leave CharityCompare to complete a donation on the official LONDON TRANSPORT MUSEUM LIMITED form. We do not process payments or take commission. Opens their official online donation form.

[Donate](https://www.ltmuseum.co.uk/?utm_source=charitycompare&utm_medium=referral&utm_campaign=donate&utm_content=1123122)

## What does London Transport Museum Limited do?

London Transport Museum Limited is a registered charity (no. 1123122) working in heritage in London · WC2E 7BB. Its latest Charity Commission filing directs 66% of spending to charitable activities, holding roughly 5 months of reserves, and files its annual accounts on time. Reported income has been growing (≈14% a year). CharityCompare's Clarity Score rates the organisation only from public Charity Commission accounts — accountability, financial health, efficiency and community support — not the quality or impact of its programmes.

Summarised from public filings — London Transport Museum Limited hasn't added its own description yet. [Work here? Add it free →](https://www.charitycompare.org.uk/claim?charity=london-transport-museum-limited)

**In short:** LONDON TRANSPORT MUSEUM LIMITED scores 81 out of 100 (4 stars). 66% average program spend (3-year average). Filings are up to date with no major concerns.

## What is London Transport Museum Limited?

London Transport Museum Limited has a Clarity Score of 81 out of 100 on CharityCompare (4 stars, Good). Charity Commission registration number 1123122. Status: Registered. Primary cause area: Heritage. Latest accounts year 2025: total income £20m, with 66% of expenditure on charitable activities. Accounts filing: up to date. Reserves: approximately 5 months of operating costs. 1 filing concern(s) noted on this profile. Scores are independent and based on official filings — not a donation recommendation.

Data from [Charity Commission register](https://register-of-charities.charitycommission.gov.uk/), last updated 17 July 2026.

Overall score

81/100

4★ · Good

Cause spend

66%

3-yr avg · charitable activities

Accountability

100/100

Finance beacon

Income

£20m

Latest year 2025

Reserves

5 mo

Months of running costs

Accounts filing

On time

Charity Commission

£3.0 raised per £1 fundraising (3-yr avg) ·
34% overhead · Website on register ·
Confidence: high

## How does LONDON TRANSPORT MUSEUM LIMITED compare?

Clarity Score percentile against similar UK charities — the share of peers LONDON TRANSPORT MUSEUM LIMITED scores higher than.

Income band (£10m+)61stpercentile

**Scores higher than 61% of 943 charities in its income band** · 81/100 vs 77 peer average (marker).

Heritage charities60thpercentile

**Scores higher than 60% of 151 charities in this cause** · 81/100 vs 77 peer average (marker).

## How reliable is London Transport Museum Limited's data?

Source

Charity Commission (England & Wales)

Accounts year

2025

Filing date

24 June 2026

Profile reviewed

17 July 2026

High confidence — complete filing data

Scores reflect the latest annual accounts on the register. Clarity Score measures how clearly the charity accounts for money in those filings — not programme impact.

Contains public sector information licensed under the Open Government Licence v3.0. Sources:
[Charity Commission for England and Wales](https://register-of-charities.charitycommission.gov.uk/),
[Office of the Scottish Charity Regulator](https://www.oscr.org.uk/) and
[Charity Commission for Northern Ireland](https://www.charitycommissionni.org.uk/).
[Open Government Licence v3.0](https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/).

## What is London Transport Museum Limited's Beacon report?

Detailed accountability and finance metrics from UK regulator filings — structured for transparency in our four-beacon report.

### Accountability & Transparency

Baseline trust from filing discipline, board oversight, and declared governance policies.

100/100
| Metric | Score | Value |
| --- | --- | --- |
| Filing history (5 years) 100% on-time over five years = 15 pts · one late filing = 5 pts · two or more = 0 pts. | 100% | 15/15 pts |
| Trustee oversight Three or more trustees on the register = 15 pts, scaled down for fewer (governance red flag below three). | 100% | 13 trustees · 15/15 pts |
| Declared policies Safeguarding (4) · conflict of interest (3) · volunteer management (3) — from Charity Commission annual return. | 100% | 10/10 pts |

### Financial Health

Stability and solvency — reserves, revenue trend, and debt from Charity Commission accounts.

93/100
| Metric | Score | Value |
| --- | --- | --- |
| Reserves (months of cash) 3–24 months = full marks, tapering on both sides · 0 months or 4+ years (hoarding) = 0 pts. | 100% | 5 months · 15/15 pts |
| Income stability / growth +20% or more over the window = 10 pts · flat = 5 pts · −20% or worse = 0 pts, scaled between. | 90% | 9/10 pts · 3-year average |
| Liabilities to assets 0% liabilities-to-assets = 5 pts, scaling down to 0 pts at 60%+ debt. | 80% | 13% · 4/5 pts |

### Financial Efficiency

How efficiently funds reach the cause — program spend and fundraising cost ratios.

30/100
| Metric | Score | Value |
| --- | --- | --- |
| Program expense ratio 90%+ on charitable activities = full marks, scaling down to 0 pts at 50% or below. | 40% | 66% · 4/10 pts (3-year average) |
| Fundraising efficiency ≤10p to raise £1 = full marks, scaling down to 0 pts at 40p or above (fundraising cost ÷ income). | 20% | 34p per £1 income · 2/10 pts (3-year average) |

### Community Support

Grassroots backing from Charity Commission workforce data — volunteers vs paid staff.

70/100
| Metric | Score | Value |
| --- | --- | --- |
| Volunteer-to-staff ratio Volunteers at 2x staff or more = full marks · no volunteers = 0 pts, scaled between. | 70% | 251 volunteers / 172 staff · 7/10 pts |

[How we calculate beacon scores →](https://www.charitycompare.org.uk/methodology)

## What is London Transport Museum Limited's Clarity Score?

81/100 total · Good · 4 of 5 stars

Four pillars (40 + 30 + 20 + 10 points) from Charity Commission filings — see methodology for full weightings.

100/100

Accountability & Transparency

93/100

Financial Health

30/100

Financial Efficiency

70/100

Community Support

### Accountability & Transparency

Baseline trust from filing discipline, board oversight, and declared governance policies.

100/100

Filing history (5 years)15/15 pts

Trustee oversight13 trustees · 15/15 pts

Declared policies10/10 pts

### Financial Health

Stability and solvency — reserves, revenue trend, and debt from Charity Commission accounts.

93/100

Reserves (months of cash)5 months · 15/15 pts

Income stability / growth9/10 pts · 3-year average

Liabilities to assets13% · 4/5 pts

### Financial Efficiency

How efficiently funds reach the cause — program spend and fundraising cost ratios.

30/100

Program expense ratio66% · 4/10 pts (3-year average)

Fundraising efficiency34p per £1 income · 2/10 pts (3-year average)

### Community Support

Grassroots backing from Charity Commission workforce data — volunteers vs paid staff.

70/100

Volunteer-to-staff ratio251 volunteers / 172 staff · 7/10 pts

## How much does London Transport Museum Limited raise and spend?

Latest filed year 2025 · Source: Charity Commission filings
| Category | Amount | % of spend |
| --- | --- | --- |
| Total income | £20m | — |
| Total expenditure | £22m | — |
| Charitable activities | £15m | 67% |
| Fundraising | £7.2m | 33% |

67%On charitable activities

## Where does the money go?

Latest accounts (2025) · £22m spent

- Charitable activities67% · £15m
- Fundraising33% · £7.2m

## What trust indicators does London Transport Museum Limited have?

Pulled from the Charity Commission register — filing behaviour, board size, and workforce where reported.

- ✓ Accounts filed on time

up to date · last filing 24 June 2026

- — Trustee board size (3–12)

13 trustees on the Charity Commission register

- ✓ Workforce on register

172 employees · 251 volunteers (1:1 volunteer-to-staff)

Fundraising Regulator

Status not yet checked

Separate from our financial scores — shows whether the charity follows the Code of Fundraising Practice.

[Check Fundraising Regulator →](https://www.fundraisingregulator.org.uk/members/)

Official register

Reg 1123122

Full trustee list, accounts, and regulatory history on the Charity Commission.

[View on Charity Commission →](https://register-of-charities.charitycommission.gov.uk/en/charity-search/-/charity-details/1123122)

### Trustees & officers

- MR Keith Ludeman Chair · since 2014
- ANDREW JONATHAN SMITH since 2017
- Marcus Arthur since 2018
- William Stephen Ferris since 2020
- Pamela Elizabeth Rosser since 2020
- Winsome Hull since 2020
- Christine Major since 2021
- Obinna Vincent Nwofor since 2021
- Lilli Matson since 2022
- Elizabeth McKay since 2023
- David Allen Brown since 2024
- Susannah Bentley Tanner since 2024

100
How we score charities
+The Clarity Score is a 100-point rating from UK regulator filings (Charity Commission for England and Wales, OSCR and CCNI). Four pillars — Accountability & Transparency (40), Financial Health (30), Financial Efficiency (20), and Community Support (10) — each scored on a continuous scale, not pass/fail cutoffs. A statutory inquiry sets the score to 0 automatically.

[Full methodology →](https://www.charitycompare.org.uk/methodology)

Accountability & Transparency

Scored from filings

40 points — filing history (15), trustee oversight (15, scaling up to a board of three or more), declared policies (10).

Financial Health

Scored from filings

30 points — reserves (15, full marks 3–24 months, tapering on both sides), income stability (10), liabilities to assets (5, scaling down as debt rises).

Financial Efficiency

Scored from filings

20 points — program expense ratio and fundraising cost, each on a graduated scale (not a single cutoff). Kept at 20% of the total: financial-ratio scoring alone is not a reliable effectiveness signal (see "why not just an overhead ratio?" below).

Community Support

Scored from filings

10 points — volunteer-to-staff ratio from Charity Commission workforce data, scaling continuously up to a 2:1 ratio.

Overall score

Sum of all pillar points. Display stars use the same bands as the labels: 90–100 → 5★ Exceptional; 75–89 → 4★ Good; 60–74 → 3★ Needs improvement; 1–59 → 2★ Poor; 0 → not rated.

## How have London Transport Museum Limited's finances changed over five years?

- Income
- Spending
- Cause spend

Values in £ thousands · Cause spend plotted only when the filing discloses a split · Source: Charity Commission accounts

## What are the key facts about London Transport Museum Limited?

Overall score

81/100 (4★)

Income

£20m

Cause spend

66% of expenditure

Reg number

1123122

Scope

Local (london)

Reserves

5 months

Trustees

13

Accounts year

2025

Filing

up to date

## How does LONDON TRANSPORT MUSEUM LIMITED compare, and where else can you look?

[Compare LONDON TRANSPORT MUSEUM LIMITED with others](https://www.charitycompare.org.uk/compare-charities?ids=london-transport-museum-limited) [More heritage charities](https://www.charitycompare.org.uk/browse/heritage) [How we score charities](https://www.charitycompare.org.uk/methodology)

### Where LONDON TRANSPORT MUSEUM LIMITED sits

The causes this charity is classified under, and other charities working nearby.

- [heritage charities](https://www.charitycompare.org.uk/browse/heritage)
- [environment charities](https://www.charitycompare.org.uk/browse/environment)
- [arts charities](https://www.charitycompare.org.uk/browse/arts)
- [education charities](https://www.charitycompare.org.uk/browse/education)
- [Charities in London](https://www.charitycompare.org.uk/cities/london)
- [heritage charities in London](https://www.charitycompare.org.uk/browse/heritage/london)

### Similar heritage charities

Top-rated peers by CharityCompare score

- [HARTLEBURY CASTLE PRESERVATION TRUST](https://www.charitycompare.org.uk/charity/hartlebury-castle-preservation-trust) 100/100 · £612k
- [ST BARTHOLOMEW'S HERITAGE](https://www.charitycompare.org.uk/charity/st-bartholomew-s-heritage) 99/100 · £5.7m
- [JANE AUSTEN'S HOUSE MUSEUM](https://www.charitycompare.org.uk/charity/jane-austen-s-house-museum) 98/100 · £2.0m
- [MILTON KEYNES MUSEUM TRUST LIMITED](https://www.charitycompare.org.uk/charity/milton-keynes-museum-trust-limited) 98/100 · £763k

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## What red flags does London Transport Museum Limited have?

## Frequently asked questions

Common questions about London Transport Museum Limited's rating, finances, and Charity Commission status.

Is London Transport Museum Limited a good charity? + London Transport Museum Limited scores 81 out of 100 (4 stars — Good) on CharityCompare's Clarity Score, our independent read of its UK regulator filings. Around 66% of its spending goes to charitable activities and its accounts are up to date. That reflects how transparent and financially healthy it looks on paper — it does not measure the real-world impact of its work, so treat it as one factor alongside the cause you care about. CharityCompare never tells you where to donate.

Is London Transport Museum Limited a legitimate charity? + Yes — London Transport Museum Limited is a legitimate registered charity (charity number 1123122). Verify it on the official register: https://register-of-charities.charitycommission.gov.uk/en/charity-search/-/charity-details/1123122. Registration proves status; Clarity Score then summarises filing transparency on paper, not programme impact.

What is London Transport Museum Limited's charity number? + London Transport Museum Limited's charity number is 1123122. Check that number on the official register (Charity Commission, OSCR or CCNI) or this CharityCompare profile before you donate — scammers sometimes reuse real numbers on fake appeals.

What is London Transport Museum Limited's charity rating? + London Transport Museum Limited scores 81 out of 100 on CharityCompare (4 stars — Good). The Clarity Score V1 sums four pillars from UK regulator filings: Accountability & Transparency (40 pts), Financial Health (30), Financial Efficiency (20), and Community Support (10). Stars use the same bands as those labels — 90+ is 5★ Exceptional. It is not an impact ranking.

Does London Transport Museum Limited have reviews and complaints? + CharityCompare does not host public user reviews for London Transport Museum Limited. Instead you get a filing-based Clarity Score, cause spend, reserves and red flags such as late accounts (1 filing concern(s) noted on this profile). For formal complaints about a charity, contact the Charity Commission, OSCR, CCNI or the Fundraising Regulator as appropriate.

How much of my donation reaches London Transport Museum Limited? + According to its 2025 regulator filing, 66% of London Transport Museum Limited's total spending went to charitable activities (3-yr avg across disclosed years). That is the closest official figure to "how much of your donation reaches the cause" — it is an average across all spending in the filing, not a pound-by-pound breakdown of an individual gift.

What are London Transport Museum Limited's overheads? + According to its 2025 regulator filing, fundraising costs were about 34% of total expenditure and combined overheads (fundraising plus governance) were about 34% of total expenditure at London Transport Museum Limited. The filings CharityCompare uses do not publish CEO or senior-staff pay, so we cannot say what London Transport Museum Limited's chief executive is paid — where disclosure rules apply, senior pay appears in the trustees' annual report on the Charity Commission register.

How much income does London Transport Museum Limited receive? + London Transport Museum Limited reported £20m total income in its 2025 accounts, based on UK regulator filings. Five-year trend: growing.

Are London Transport Museum Limited's accounts up to date? + Filing status: up to date (last filing 2026-06-24). CharityCompare flags late or missing accounts separately from the financial score.

Where is London Transport Museum Limited based? + London Transport Museum Limited is listed at London · WC2E 7BB, focused on heritage.

How does CharityCompare score London Transport Museum Limited? + We calculate a Clarity Score of 0–100 from four pillars in London Transport Museum Limited's regulator filings: Accountability & Transparency (40 points — filing history, trustees, policies), Financial Health (30 — reserves, income trend, debt), Financial Efficiency (20 — cause spend and fundraising cost, on a graduated scale) and Community Support (10 — volunteer-to-staff ratio). An open statutory inquiry scores 0. The score measures reporting on paper, not programme impact. CharityCompare is free for donors, takes no commission on donations, and scores cannot be bought.

How often is this page updated? + This profile was last updated on 17 July 2026 from the latest UK regulator data available to CharityCompare, and London Transport Museum Limited's most recent accounts cover 2025. Scores and figures refresh whenever we re-ingest the register, so the page reflects our latest data pull rather than a one-off review.