LONDON TRANSPORT MUSEUM YEARBOOK 2013 | 2014

Supported by Tube 150 supported by Tube Design by LTM Design Compiled by Chris Gilbert All images © Transport Museum and , except where noted

London Transport Museum is an educational and heritage preservation charity. Its purpose is to conserve and explain the history of London’s transport, to offer people an understanding of the Capital’s past development and to engage them in the debate about its future.

Front cover and opposite: Brightest London is reached by Underground Horace Taylor, 1924 Winner of the Siemens Poster Vote 2013 2014.016_Dir Yearbook2013-2014_16.09.14_MASTER_p01-69.indd 1 06/10/2014 14:13 London Transport Museum Yearbook 2013 |14 incorporating the Strategic Report and Annual Report of the Trustees and financial statements for the year ended 31 March 2014

04 | Message from the Chair of Trustees and Managing Director

06 | Poster Art 150: ’s Greatest Designs

10 | The year in summary

14 | Access and museum operations

18 | Case study Behind the scenes at the Museum Depot by Louise White*

20 | Education and engagement

26 | Case study Project 353: an inspiring vehicle for learning by Kathryn Skillings*

28 | Case study My journey on Project 353 by Helen Charalambous*

30 | Heritage and collections

34 | Case study Picking the perfect poster by Anna Renton*

36 | Plans for the future

38 | Thought Leadership*

40 | Tube 300: future-proofing London’s rail and Underground network for the next 150 years by Mike Brown

42 | The case for Crossrail 2 by Lord Andrew Adonis

44 | Protecting transport from cyber threats by Kevin Wood

46 | How green can buses be? by Leon Daniels

48 | Income and support

54 | Corporate members

55 | Sponsors and donors

56 | Public programme

68 | History of the Museum

70 | Structure, governance and management

74 | Financial review

76 | Trustees’ statement

77 | Trustees and advisors

78 | Independent auditor’s report

80 | Financial statements

98 | Index of posters

* Case studies and Thought Leadership articles do not form part of the audited Strategic Report and Annual Report of the Trustees.

2014.016_Dir Yearbook2013-2014_16.09.14_MASTER_p01-69.indd 2-3 06/10/2014 14:13 Message from the Chair of Trustees and Managing Director

Sir David Bell, Chair of Trustees Sam Mullins, Managing Director

The London Transport Museum (LTM) Yearbook for 2013/14 marks one of the most Our headline exhibition in 2013, notable years in this Museum’s history. Poster Art 150: London Underground’s Greatest Designs, was described by In April 2013, when the financial year began, the success of January’s Time Out as a ‘must-see’ and proved commemorative London Underground steam train runs was still fresh in our minds. very popular with visitors. Over 42,000 The global publicity brought to LTM by the 150th anniversary of the world’s first people voted in the Siemens Poster underground railway, the publication of Underground: How the Tube Shaped London, Vote for their favourite poster and the and the fabulous Poster Art 150 exhibition all helped us achieve record-breaking winner can be seen at the front of this success. We had more visitors to Covent Garden and Acton Depot than ever before; Yearbook. Elsewhere in these pages our busiest public programme of lectures, events, tours and train trips; exceptional you will find all 150 posters chosen commercial results for retail and online shopping; and increases in corporate for the exhibition, as well as details of membership, venue hire and sponsorship. the Museum’s charitable activities, the 2013/14 accounts and a series of articles Our year was topped off by receiving the Heritage Railway Association’s Peter drawn from our influential Thought Manisty Award for Excellence, given to the Museum and its partners for an Leadership programme. exceptional contribution to railway preservation. That this award was made for a series of steam events on one of the world’s busiest metro systems is a testament We are grateful to all the visitors, to LTM’s bold approach to linking programming to restoration, and London shoppers, sponsors and funders who Underground’s respect for its unique heritage. Over 8,000 passengers were carried have supported the Museum this year. by these special commemorative services in 2013, but not one minute of delay was Thanks also to our fellow Trustees for added to the Underground’s busy schedules as a result of steam train operations. their expertise and enthusiasm, and to The programme was so popular that additional steam runs were added later in the the staff and volunteers whose energy year, and there is an equally ambitious plan for 2014. and dedication make the Museum so successful. The Tube 150 celebrations have placed the Museum in a new and creative relationship with Transport for London (TfL), deepened our links with sponsors and funders, and created new connections with hundreds of individual donors. We are now working closely with TfL and London’s bus operators to deliver the Year of the Bus, a celebration throughout 2014 of the contribution of the red bus to London’s economy and culture. To mark the centenary of the outbreak of the First World War, we have another flagship restoration project underway – recreating a wartime B-type bus. We are also looking ahead to 2015 and our next major collaboration with TfL: a celebration of the importance of design to transport in London.

4 Message from the Chair of Trustees and Managing Director Message from the Chair of Trustees and Managing Director 5 Yearbook 2013 |2014 Yearbook 2013 |2014

2014.016_Dir Yearbook2013-2014_16.09.14_MASTER_p01-69.indd 4-5 06/10/2014 14:14 FINDING YOUR WAY New to the Underground? What is right or wrong when it comes to Tube behaviour? Posters can show you the way, reassure the wary and gently advise on best behaviour.

Poster Art 150 was the perfect celebration Thanks to the vision of Frank Pick, who have been equally inventive, and LTM’s of the Underground’s 150th anniversary. commissioned leading graphic artists to collection contains more recent posters design posters for the Underground based on 3D collages, digital overlays The exhibition offered a panorama of from 1908 until the Second World War, and mosaic tiles. London’s Tube established a tradition London styles, fashions and humour since of striking visual marketing that is In 2013, a panel of experts selected 150 the 19th century, seen through the lens of maintained to the present day. of these posters for what became one of the Museum’s most popular outstanding poster design. When Pick was given responsibility exhibitions ever: Poster Art 150: London for the Underground’s Traffic & Underground’s Greatest Designs. The Publicity department in 1908, he quickly posters embraced a variety of styles, recognised the power of the relatively techniques, eras and subject matter. young medium of the pictorial poster Rather than a timeline of poster and its superiority over the text-heavy development, the exhibition was letter-press posters of the 19th century. arranged thematically to show how Versatile, eye-catching and influential, posters have been used to build the graphic posters could convey the Tube’s Underground’s brand and reinforce key messages about off-peak travel, service messages. A selection of posters from BRIGHTEST LONDON changes and passenger behaviour each theme can be seen on pages 7, 8 Day or night, there’s plenty to do in effectively and with style. Pick’s and 9, and all the posters from the London. These posters captured the development of the medium set a exhibition are featured within this glamour, excitement and sense of standard of public communication and Yearbook. For an insight into the poster opportunity within this dynamic city. design unequalled in any other city at selection process, turn to the article the time or since. It continues to inform on page 34. the character and public perception of London’s transport today. The Museum is indebted to the panellists whose expertise and passion The Museum’s collection of led us to the 150 greatest posters, Underground posters comprises over and to our curators, young advisors 3,300 original posters and countless and designers who helped to shape smaller pieces of work by artists the exhibition. Thanks, too, to our including Edward McKnight Kauffer, sponsor Siemens and to the public for Rex Whistler, Christopher Nevinson, supporting Poster Art 150 and voting Tom Eckersley, Abram Games, Paul for their favourite poster in the Siemens Nash, Fougasse, David Gentleman and Poster Vote. The winning design by Laszlo Maholy-Nagy. Pick gave artists Horace Taylor provided the inspiration great scope for self-expression and the for the cover of this Yearbook. results ranged from traditional landscapes to posters in the style of avant-garde movements such as Fauvism and Vorticism. Contemporary artists

6 Poster Art 150 Poster Art 150 7 Yearbook 2013 |2014 Yearbook 2013 |2014

2014.016_Dir Yearbook2013-2014_16.09.14_MASTER_p01-69.indd 6-7 06/10/2014 14:14 CAPITAL CULTURE Let the Underground bring the world to you! From historical grandeur to encounters with the exotic, these posters promoted travel to London’s cultural gems.

KEEPS LONDON GOING These posters present visions of speed, strength and reliability, establishing the Underground’s strong visual identity, powerful branding and clear direction.

AWAY FROM IT ALL Where do you want to be? Romantic, colourful and optimistic, these posters enticed Londoners away from the grey, congested city and into the green, open countryside.

LOVE YOUR CITY Celebrating an ever-changing city that reflects with pride on its history, grandeur and landmarks old and new.

8 Poster Art 150 Poster Art 150 9 Yearbook 2013 |2014 Yearbook 2013 |2014

2014.016_Dir Yearbook2013-2014_16.09.14_MASTER_p01-69.indd 8-9 06/10/2014 14:14 The year in summary

2013/14 was one of the most successful years the Museum has ever known, with an unprecedented number of visitors, significant increases in commercial income and high levels of public benefit delivered through a busy programme of events, activities and school visits.

10 The year in summary The year in summary 11 Yearbook 2013 |2014 Yearbook 2013 |2014

2014.016_Dir Yearbook2013-2014_16.09.14_MASTER_p01-69.indd 10-11 06/10/2014 14:14 The year in summary

KEY PERFORMANCE INDICATORS

Museum and Depot visits LTM’s key priorities for 2013/14 focused released in stages during the year, and TARGET 300,000 on financial sustainability and developing high footfall at Covent Garden drove partnerships with TfL to strengthen our retail sales to a new record. Overall, charitable and commercial activities. total retail revenue grew by over 25% ACTUAL 384,093 In support of those priorities we set against 2012/13. four important objectives. We did not achieve everything we hoped for, but 3 Review contract costs and deliver overall the results have surpassed targeted improvements Visits to Museum websites our expectations. TARGET 1,000,000 During the year we amended our 1 Attract visitors and deliver the arrangements for cleaning and

public programme maintenance to improve quality and ACTUAL 1,215,079 value for money. The overwhelming We exceeded our target of 300,000 response to the invitation to tender environment of a disused Underground visitors by 28% – a considerable margin. for the Museum’s security contract station. Despite this setback, we The extended Tube 150 celebrations in has meant that we are still working maintained access to Aldwych through 2013, and the Year of the Bus in 2014, through the shortlisting process. A guided tours in November 2013, with Pupils participating in Safety supported successful programmes major IT project to reduce reliance on more planned for June 2014. and Citizenship programme of talks, tours and family activities – desktop hardware began this year. The TARGET 110,000 including three Open Weekends at our programme will create ‘virtual’ desktops Work took place this year to integrate Acton Depot, numerous vehicle outings that will improve access for Museum the TfL and LTM webshops. We expect ACTUAL 123,130 and popular Friday Late events aimed at staff while reducing the costs and the redesigned TfL website (launched attracting a new audience to LTM. We complexity of PC maintenance. March 2014) to have a positive effect also saw another increase in our visitor on traffic to the LTM shop next year. satisfaction index which is based on a 4 Develop TfL partnerships A project with TfL to install new year-long survey of visitors to Covent poster sites across the Underground Education visitors to LTM Garden. From a score of 83 out of 100 Building on the success of the Tube network for LTM’s exclusive use is TARGET 20,000 two years ago, the index increased to 86 150 anniversary celebrations in January also underway. in 2012/13 and reached a record level of 2013, further heritage steam train runs 87 in 2013/14. took place on the London Underground The Museum is working closely with ACTUAL 26,235 network during 2013/14, carrying TfL colleagues to deliver 2014’s Year 2 Invest in retail development thousands of passengers. There is an of the Bus which will gain significant equally busy schedule of events for momentum as the year goes on. The With funding from Arts Council England, 2014/15 and beyond. schedule includes Museum events we improved the Depot’s retail facility and exhibitions, bus garage open days, Number of collection records enhanced to create a hub for efficient internet Plans for a groundbreaking theatrical a central London cavalcade of buses TARGET 40,000 sales. We also made improvements production at Aldwych station had to and the restoration of a B-type bus to the way the Museum’s webshop be shelved due to technical problems from the First World War. A further operates on mobile phones and tablets. associated with staging such an flagship partnership, London by Design, ACTUAL 42,614 Tube 150 merchandise was successfully ambitious event in the challenging is planned for 2015/16. It will explore the central role that the design of the transport environment has had, and continues to have, in all aspects of life in London.

12 The year in summary The year in summary 13 Yearbook 2013 |2014 Yearbook 2013 |2014

2014.016_Dir Yearbook2013-2014_16.09.14_MASTER_p01-69.indd 12-13 06/10/2014 14:14 Access and museum operations

We want our collections to be enjoyed by as many people as possible. Access is provided daily at the Museum in Covent Garden, through regular events and tours at the Museum Depot in Acton, and via the Museum website. Heritage vehicle outings, evening events and other activities create further opportunities for audiences to be inspired by the story of London’s transport.

14 Access and museum operation Access and museum operation 15 Yearbook 2013 |2014 Yearbook 2013 |2014

2014.016_Dir Yearbook2013-2014_16.09.14_MASTER_p01-69.indd 14-15 06/10/2014 14:15 Access and museum operations

activities included story sessions and Online, the Museum’s 2013/14 was one of LTM’s most and true story of an escaped monkey make-and-take workshops. Feedback Facebook fans increased successful years with over 1.2m website jazz band running amok at Latimer Road for the pilot events was overwhelmingly by 70% and our Twitter visits, 368,000 visitors to Covent Garden station in 1927. positive. We are looking to make this followers by 30%. LTM’s and a further 16,000 visitors to our most part of our regular programme in future. active photo-sharing popular Depot Open Weekends ever. A Carriage Through Time also opened in site on Flickr has several Thousands more took part in our tours, 2014. This exhibition featured artwork The Museum Depot at Acton was more well-established groups, talks, events and heritage train runs, that was created during Project 353, a accessible than ever this year. There who help document our extending our reach even further. community learning programme inspired were three Open Weekends, two of activities and provide by the Museum’s recently restored which were preceded by four days of content for screens In the Exterion Media Gallery, we staged Victorian railway carriage, known as workshops that included photography, in the Museum galleries. three temporary exhibitions this year. Met 353 (see page 26). In a first for fabric-making and theatre as ways Funding from Arts Council Poster Art 150: London Underground’s the Museum, this exhibition was able of engaging with the collection. We England helped us redevelop Greatest Designs, supported by to run simultaneously with the Serco introduced family tours at Acton (see our main Museum website this Siemens, ran throughout 2013 as part Prize by occupying the lower floor of page 18) and a few lucky visitors had the year, with a launch date set for of the Tube 150 celebrations marking the Exterion Media Gallery, which was rare chance to step into the driver’s cab May 2014. the anniversary of the world’s first extended last year. of some of our historic rail vehicles. underground railway. With a panel of experts, we selected the 150 best Elsewhere in the Museum, Faster, Throughout 2013 we marked the 150th Underground posters and invited Smarter, Easier was a Contemporary anniversary of London Underground visitors to vote for their favourite in Gallery exhibit which looked at new with an extensive programme of talks, the Siemens Poster Vote (see page technologies tackling congestion on tours, film screenings, family activities 34). Horace Taylor’s vibrant ‘Brightest the Underground and Hail the Taxi, and heritage vehicle operations. The London is best reached by Underground’ developed with support from the beautifully restored Metropolitan No.1 emerged as the public’s favourite. London Vintage Taxi Association, steam locomotive and Carriage 353 ran Poster Art 150 was accompanied by a marked the final appearance of the on the Underground in January, May, programme that included a discussion Fairway taxi on London’s streets. A September and December 2013, as well with the poster selection panel, a poetry substantial makeover of the Futures as at special events around the country. reading by John Hegley and three Friday Gallery doubled its size and added an The 1938 stock ‘Art Deco Special’ also Lates featuring creative workshops, impressive multimedia wall alongside made a number of journeys this year, fancy-dress photoshoots, quizzes, the sponsored installation NextCity, including a unique trip through all three animated films, tours and specially which showcases Cubic’s concept of Underground stations at Heathrow. created cocktails. ubiquitous travel information. Tours of the disused Aldwych Tube The Friday Late formula of adult- As part of our commitment to widening station in November sold out quickly. orientated, content-rich programming access to the Museum, we ran three This year the volunteer-led tours has proved successful in attracting new Early Explorer events for young people included areas not previously accessible. audiences and was also used to launch on the autistic spectrum. By opening Unfortunately, plans for an immersive the 2014 Serco Prize for Illustration. The Covent Garden an hour early on Sunday, theatrical experience at Aldwych had ‘London Stories’ theme inspired entries we were able to create a quiet space to be dropped due to technical issues based on urban myths, famous events for families to enjoy. Sensory gallery in this complex environment. We are and ghost buses. For the first time, maps highlighted areas that could cause looking, however, to extend our ‘Secret animated films were shortlisted. The sensory or conceptual distraction (such London’ tours to other unique venues winning entry illustrated the remarkable as the ‘time-travelling’ lifts), and special in future.

16 Access and museum operation Access and museum operation 17 Yearbook 2013 |2014 Yearbook 2013 |2014

2014.016_Dir Yearbook2013-2014_16.09.14_MASTER_p01-69.indd 16-17 06/10/2014 14:15 CASE STUDY the group researched the vehicles, practised their delivery and began to Behind the scenes at gel as a team. They were encouraged to inject their own interests and experience into the tour, fleshing out the skeleton I the Museum Depot had created. The volunteers ranged from By Louise White, Arts and Heritage Participation Consultant graduates to grandfathers and arrived with different starting levels of skill and knowledge. Some were already transport Providing access to the Museum’s collection is about more experts used to a like-minded adult audience, while others had experience than simply opening the doors. This year, with the help of of working with families. By pairing up, Arts Council England and a crew of dedicated volunteers, volunteers were able to draw on one another’s skills, learn from each other and LTM developed a new way for family audiences to explore get support when delivering the tours. As the Depot at Acton. one volunteer put it ‘We struck sparks off one another…’. being used to plan the Museum’s 2015/16 The second set of tours in October 2013 programme. Furthermore, the project has sold out. The volunteer guides were provided opportunities for our volunteers In the working environment of the Carriage 353 superb and the feedback from families to increase their confidence, improve Depot, objects are not in display cases. to the Victoria Line 1967 stock, and was tremendous. Although the tours had their presentation skills and develop their They cannot easily be interpreted from the garden seat horsebus of 1884 been promoted to children aged 5–15, knowledge of the collection. The sense through standard labels or graphic to the 1954 double-decker RT4712 families don’t come in neat age-brackets of pride and ownership of the tours by panels as in the Museum’s main (painted gold for the Queen’s Jubilee and many younger children also attended. the volunteers is palpable. ‘Lots of fun, building in Covent Garden. This makes in 2002), we selected objects that lent To our delight, the sensory nature of the tremendous partnership, lovely team independent visits challenging, so guided themselves to a ‘spot the difference’ Depot drew them in as well. We also effort,’ said one. tours are an important way for visitors approach. Children were encouraged found the tours were attracting families to engage with and be inspired by the to identify the different shapes, sizes with children on the autistic spectrum The project would not have succeeded collections. The well-established Depot and colours of vehicles. This allowed us for whom busy, noisy environments like without such a wonderful group of tours have been aimed at adults, but to discuss how and why the buses and Covent Garden can be too challenging. talented volunteers and could not have in 2013 I was asked to widen access at trains have changed over time. Making In the quieter surroundings of the Depot, been created without funding from Acton by developing tours specifically the subject matter accessible for both these children could engage and learn Arts Council England, to whom we are for families. children and their parents demands more comfortably. extremely grateful. I would also like to a focus on clarity, but without over- thank the Museum staff who acted as I wanted to bring the Depot to life simplification or superficiality. The success of the project is not just guinea pigs while the tours were being by identifying the stories behind the about the experience of our visiting developed, and all those who work at the objects. With over 370,000 items at I piloted the tours myself in April VIDEs (‘Very Important Depot Explorers’). Depot for being so patient and informative Acton, there were many possible tales 2013 and armed with this experience We have established a template for with our tour groups. to tell, but buses and trains were the it was time for phase two. Adverts developing volunteer-led tours which is obvious focus – they are bright, visually were placed on the Museum’s website, appealing and familiar to families. With interviews held and seven volunteer Louise White has managed the help of the Museum’s enthusiastic guides recruited. Most came from LTM’s a number of projects for and knowledgeable volunteers, I established pool of volunteers but we LTM. In April 2014, Louise identified around a dozen vehicles also found new people, keen to get and the volunteer guides delivered to form the basis of a tour. From involved. Over four training sessions, another round of highly successful family tours at the Acton Depot, and Louise is now planning the further development of the programme.

18 Behind the scenes at the Museum Depot Behind the scenes at the Museum Depot 19 Yearbook 2013 |2014 Yearbook 2013 |2014

2014.016_Dir Yearbook2013-2014_16.09.14_MASTER_p01-69.indd 18-19 06/10/2014 14:15 Education and engagement

We want to inspire everyone to engage with the past, present and future of London’s transport. LTM offers learning opportunities, skills development and engaging programming to schools, visitors, volunteers and other communities at the Museum in Covent Garden, at the Depot in Acton and through our outreach activities across London.

20 Education and engagement Education and engagement 21 Yearbook 2013 |2014 Yearbook 2013 |2014

2014.016_Dir Yearbook2013-2014_16.09.14_MASTER_p01-69.indd 20-21 06/10/2014 14:15 Education and engagement

The Tube 150 celebrations were at the the work of the Young Advisors, the heart of much of our activity this year. development of a Depot guidebook (to Family sessions during school holidays be launched in 2014/15) and the delivery saw visitors making models, listening to of the highly successful employment stories, exploring the science of steam skills programme Route into Work. power, designing posters or creating puppets inspired by the Tube and its The Museum’s Inspire Engineering history. In December, our Young Advisors initiative promotes careers in transport worked with the TfL Youth Panel to curate engineering through thought-provoking, a time capsule of Tube artefacts. It is now practical challenges such as the ever The S&C team were also asked to embedded in a wall of the new Tottenham popular ‘Braking Eggsperiment’ (a tricky develop resources for Docklands Light Court Road station awaiting rediscovery task to design a track to deliver eggs Railway’s community engagement in 50 years time – a fitting end to a safely to a station). Previously aimed activities and support the ‘Kids for a remarkable year. at secondary schools, the programme Quid’ initiative on the Emirates Air reached a wider audience this year Line cable car – resulting in 10,000 The centrepiece of Tube 150, the through a pioneering new format for children taking up the offer within the beautifully restored Metropolitan Railway primary schools and the inclusion of first three months. As part of a major ‘Jubilee’ Carriage no. 353 from 1892 was Inspire activities for family audiences at new TfL-funded programme built the focus for the community engagement Open Weekends at Acton Depot. Several on S&C experience, the Youth Travel programme Project 353 (see page 26). prototype challenges were trialled, Ambassadors project which began Co-funded by the Heritage Lottery Fund exploring themes including signalling and this year will empower young people (HLF) and delivered in partnership with a accessibility. These are being evaluated to improve experiences of public number of other organisations, the project for future use. transport for their peers and their own offered participants a chance to take communities. part in creative activities, learn new Positive feedback to our relaunched skills and undertake accredited learning schools programme saw a high number Learning access extends to our busy via Arts Award or the National Open of bookings, with 30% more educational library and information team, who College Network. visits to LTM than our target. The TfL answered nearly 9,000 enquiries. Safety and Citizenship (S&C) outreach Information we provided helped defend HLF support also helped us to take on two programme, delivered by LTM, reached the international copyright of the iconic apprentices to deliver learning outcomes a record 95% of Greater London primary roundel symbol, and details of bus for the B-type Battlebus restoration schools this year and saw more than routes in the 1950s aided the police project, which is jointly funded by London 120,000 children in total. New resources with a cold-case enquiry. The team also Transport Museum Friends. Two more included the first, universally available, provided invaluable support for the apprentices are working on programme compact transport reference guide for Museum’s exhibitions and publications. development, supported by Arts Council children moving to secondary school, a The large-scale project to digitise our England (ACE). Within their first month, film promoting active travel choices and extensive collection of staff magazines our four apprentices had created and led two web interactives demonstrating safe was completed this year, in association tours of the Serco Prize for Illustration waiting distances and where to stand with TfL Corporate Archives, and exhibition and presented activities at the safely on buses. has yielded valuable material for the Museum’s first Friday Late of 2014. exhibition, Goodbye Piccadilly, which ACE funding for 2013/14 also supported forms the cornerstone of our Year of the Bus programme in 2014.

22 Education and engagement Education and engagement 23 Yearbook 2013 |2014 Yearbook 2013 |2014

2014.016_Dir Yearbook2013-2014_16.09.14_MASTER_p01-69.indd 22-23 06/10/2014 14:15 Education partners

Partnerships increase the effectiveness and reach of our learning and engagement programmes. We are proud to have worked with the following organisations during 2013/14.

Acton High School Hackney Community College Science Learning Centre Acton Town Hall Library (View Training) Serco Action Acton Hackney Museum Sir John Soane’s Museum Action Space Happy Museum Project SLAMbassadors UK Affinity Sutton Kensington and Chelsea College St Clement Danes Church The Anstee Bridge Programme Kids in Museums of England Primary School Aylward Academy St Mungo’s LEAP Southwark Council Battersea Dogs & Cats Home London Academies Enterprise Trust STEMNET Bermondsey Youth Club (Pathways and Partnerships) British Red Cross London Apprenticeship Company TeenTech British Science Association London Fire Brigade Theatre Royal Stratford East British Transport Police London Museums Group Transport for London: Brentside High School Workforce Continuity Bollo Brook Youth Centre Metropolitan Police Transport for London Youth Panel Metropolitan Police Marine Support Unit Camden Council Westminster Adult Education Service Catalyst in Communities The National Autistic Society Westminster Kingsway College Chiswick School A New Direction Worcester Polytechnic Institute, USA Church Street Library New Engineering Foundation Work Programme (Prime Contractors City of Westminster College Newham Young Stars in London) Clear Channel Nightingale Academy Workers’ Educational Association Cleshar Costain Orleans House Gallery Crossrail Ltd Peabody Dogs Trust The Poetry Society Portman Early Childhood Centre A Fairer Chance Royal College of Arts GLA – Supplier Skills Team Royal Greenwich University GoAhead Group Technical College Great Ormond Street Hospital Gunnersbury Park Museum

24 Education and engagement Education and engagement 25 Yearbook 2013 |2014 Yearbook 2013 |2014

2014.016_Dir Yearbook2013-2014_16.09.14_MASTER_p01-69.indd 24-25 06/10/2014 14:15 CASE STUDY Project 353: an Restored Metropolitan Railway Carriage period costumes. Adult learners from 353 was a star attraction in the return Church Street Library in Westminster of steam travel to the Underground in put together a children’s book, The inspirational vehicle 2013. The aim of Project 353 was to use Marvellous Adventure of Carriage 353. the carriage to inspire creative learning Each exhibition was a chance for our for learning projects for a mix of Londoners. contributors to try something new and see their efforts recognised and valued. By Kathryn Skillings, Project 353 Community Learning Manager Project work first began in 2011, when All participants were offered the chance we identified potential community to have their learning accredited through Alongside steam train runs and major exhibitions, partners. For much of 2012, while the Arts Award or the National Open carriage was being restored in Wales, College Network. Project 353, supported by the Heritage Lottery Fund and direct engagement was difficult. During London Transport Museum Friends, was an integral part this time, many partner organisations When a gap opened up in the Museum’s had their public and charity funding cut exhibition schedule in early 2014, we of the Museum’s programme for the 150th anniversary and could no longer participate in the were also able to go beyond our original of London Underground. programme. It was a setback, but we plan and produce A Carriage Through quickly regrouped, rewrote our plans and Time – a fantastic finale exhibition began afresh. In the end, with the help bringing together work from all the of eight excellent community partner groups. organisations, and the support of artists and learning professionals, we had over Our participants took a journey, 100 participants, most of whom had exploring the way that heritage and no previous experience of visiting or history relate to their lives now and in working with a museum. the future. For some the effects were profound and it was a joy to see the Project participants volunteered their power of the carriage and its story time to develop local community inspire and encourage growth in their exhibitions across London. Their skills and confidence over the course displays interpreted Carriage 353 of the project. At the launch event through photographs, storytelling, for A Carriage Through Time, one film, posters, songs and works of art. participant, Helen Charalambous, made Participants from The National Autistic a moving speech about her involvement Society made hand-sewn fabric panels. with Project 353. On the next page Students from The Anstee Bridge she reveals what being part of the Project created life-size self-portraits in programme meant to her.

Kathryn Skillings is a specialist in developing volunteering opportunities and joined London Transport Museum in July 2012 to work on Project 353. She is currently leading the apprenticeship and volunteering programmes associated with the HLF-funded Battlebus project, applying many of the lessons learned through her experience of Project 353.

26 Project 353: An inspirational vehicle for learning Project 353: An inspirational vehicle for learning 27 Yearbook 2013 |2014 Yearbook 2013 |2014

2014.016_Dir Yearbook2013-2014_16.09.14_MASTER_p01-69.indd 26-27 06/10/2014 14:15 CASE STUDY My journey on I was nervous on my first day but excited too. It felt like the start of a journey. We were a small group and soon all got to Project 353 know each other. By Helen Charalambous, Project 353 participant The best days on the project were the Museum and Depot trips. I found I was a single mother of two young children and had not learning about Carriage 353 and the worked for seven years when I decided to join the Affinity restoration fascinating but when we were asked to do our first computer Sutton back-to-work scheme. They asked me if I was presentation I froze. I had never interested in LTM’s Project 353. Not only would I learn used Powerpoint before and I lacked confidence to present to a group of about the restoration of Carriage 353 but also improve my people, having been diagnosed with employment and computer skills. I jumped at the chance dyslexia when I was younger. Kathryn showed us what to do stage by stage. I have now moved to a new area and as, over the years, I have lacked skills and confidence. We did a few presentations throughout have a part-time job, but I also volunteer the project and each time I grew in at my children’s new school. I discovered confidence. By the time the project that Year 2 was learning about transport came to an end, I was enjoying doing the and its history and I asked the teacher if exhibition of all our work which I could come and talk about Project 353. we showed to Affinity Sutton and I had the whole class’s attention for 45 LTM staff. minutes. I showed them a Powerpoint presentation, and I also did a large After the project finished, I felt so much poster with information and pictures more confident and motivated about of the carriage for display in their myself and I wanted to do other things. classroom. I even managed to answer I decided to volunteer in my children’s questions from the children – and I now school and saw an advert for a course: know that this kind of work is the path I NVQ Level 2 support work in schools. want to follow. I had to have an interview, but still feeling confident in myself, I went to In January 2013, I was very lucky to the interview and somehow I got it. be able to ride in Carriage 353 during I found out later there were over 65 the celebration of 150 years of the people interviewed and I was one of Underground. It was such an amazing the lucky 12! experience, sitting in the carriage that I had been learning about throughout those weeks and I will remember every Helen Charalambous bit. Project 353 was also the start of joined Project 353 in my personal journey along this road to September 2012 when new happiness, to confidence in myself, she was living in social housing with and to the motivation to get back Affinity Sutton. Some of Helen’s into employment and embark on a artwork inspired by Carriage 353 new career. appeared in the exhibition A Carriage Through Time in the LTM galleries in I would like to thank Kathryn and 2014. She is currently training to be a everyone involved in this project. teaching assistant.

28 My journey on Project 353 My journey on Project 353 29 Yearbook 2013 |2014 Yearbook 2013 |2014

2014.016_Dir Yearbook2013-2014_16.09.14_MASTER_p01-69.indd 28-29 06/10/2014 14:15 Heritage and collections

The Museum’s ever-growing collection consists of over 450,000 items including vehicles, posters, signs, uniforms and many other objects that represent London’s unique transport heritage. We ensure that the collection is properly conserved and cared for so that it is available as an inspiring and accessible resource for exhibitions, special events and research.

30 Heritage and collections Heritage and collections 31 Yearbook 2013 |2014 Yearbook 2013 |2014

2014.016_Dir Yearbook2013-2014_16.09.14_MASTER_p01-69.indd 30-31 06/10/2014 14:16 Heritage and collections

The triumphal return of steam to the Buses will continue to take centre stage Teams of volunteers work with curators Underground early in 2013 as part of the throughout 2014 and our curators spent on special projects each year, often Tube 150 celebrations heralded a busy much of their time this year in research based on artefacts in the collection. year of heritage vehicle appearances. and preparation for the Year of the Bus. The signal restoration team are The 1938-stock ‘Art Deco Special’ train Highlights will include the Goodbye currently working on a lever frame from ran on the Metropolitan, Northern and Piccadilly exhibition, which will tell the the Elephant & Castle signal cabin, Piccadilly lines, and the newly restored story of how London’s motorbuses and while another team is using former Met No.1 locomotive and Carriage 353 their drivers supported troops in the Underground apparatus to develop a from the 1890s were in great demand First World War, and Battlebus, a major working model of the Victoria line’s at steam events at Uxbridge, Amersham LTM project to restore one of the last automatic train system. and elsewhere. remaining B-type buses, which will then tour to France and Belgium in 2014. Beyond the Museum’s walls, Heritage vehicles from the collection LTM curators delivered talks and also took part in Tube 150 activities Our unparalleled collection of Tube presentations to audiences at the at Epping Ongar Railway (a former posters was at the heart of the Open Culture conference, Institution branch of the Central line), and the exhibition Poster Art 150: London of Chartered Engineers, Institution Buckinghamshire Railway Centre. Underground’s Greatest Designs (see of Mechanical Engineers, University At Severn Valley Railway, where the page 6). In addition to the 150 examples College London, Society of Antiquaries, locomotive and carriage appeared at the selected, another 20 posters chosen , V&A, City Lit, Autumn Steam Gala, a small exhibition by our audiences were included in the University College London, University was set up to promote LTM to transport Poster Parade exhibition The Ones of the Third Age and Chapman enthusiasts. Carriage 353 also featured that Got Away. Other Poster Parades University (USA). in the 2013 Lord Mayor’s Parade, and featured both historic and contemporary made history by becoming the first rail works, including animations by students vehicle to participate in the centuries- at Central Saint Martins. Our popular old tradition of ‘cart marking’ organised 2008 poster exhibition, Art of the by the Worshipful Company of Carmen, Poster, completed a successful tour to a livery company of the City of London. the Swedish Railway Museum this year, where it was visited by 40,000 people. Despite the understandable focus on the Tube, our buses were also active Additions to the collection in 2013/14 throughout 2013/14. Heritage vehicle included a British Transport Police runs were a feature at Acton Depot holding-cell door, and material relating Open Weekends, and the event in to Tube map designer Harry Beck, kindly March 2014 took the Year of the Bus donated by his friend Ken Garland. The as its theme, with bus pit tours, a rare LTM Friends generously supported a chance to step inside some vehicles, number of purchases, including two and a number of guest buses, including 1934 posters by Anna Zinkeisen. In total a stunning working replica of Walter nearly 8,000 new objects were acquired Hancock’s 1833 Enterprise steam bus. in 2013/14.

32 Heritage and collections Heritage and collections 33 Yearbook 2013 |2014 Yearbook 2013 |2014

2014.016_Dir Yearbook2013-2014_16.09.14_MASTER_p01-69.indd 32-33 06/10/2014 14:16 CASE STUDY On the selection day, the panel Picking the scrutinised the 400 posters, voted, and then the wildcards came out: each expert was allowed to add up to ten perfect poster more of their own favourites into the By Anna Renton, Senior Curator, LTM mix. As the panellists argued for their selections, some posters were adopted process, themes emerged that and others fell away. Some proved contextualised the posters and added The objective of our major exhibition Poster Art 150: contentious. One panel member insisted new layers of interpretation to the London Underground’s Greatest Designs was not only to ‘The Komodo Dragon’ from 1935 was a displays in the gallery. masterful blend of typography and display 150 superb Tube posters. We were also trying image, and a fascinating window into the Once the exhibition opened, it was to answer a particularly tricky question… leisure activities of the 1930s, while time to find out what the public thought another tried to remove it surreptitiously of the experts’ selection. The Siemens from the selection, deeming it unworthy Poster Vote enabled visitors to have to feature next to the great poster art of their say and received over 42,000 Edward McKnight Kauffer or Edward votes. Visitors could vote by scanning Museum curators are used to answering An expert panel was assembled: Bawden. Eventually, ‘The Komodo the QR code next to their favourite questions about London Underground. ..Tamsin Dillon Dragon’ made it, others did not. poster, via a touch-screen at the gallery Where’s the longest escalator? What’s Head of Art on the Underground, exit or on the LTM website. The winner the deepest line? Which is the only TfL’s contemporary art programme By the end of the day we had our was ‘Brightest London is best reached station that doesn’t contain any letters ..Catherine Flood shortlist, but we had another problem: by Underground’ by Horace Taylor from the word ‘mackerel’? And so forth. Curator of Prints at the Victoria how to exhibit 150 posters covering from 1924 (seen on the cover of But the question ‘which is the best ever and Albert Museum such different eras, subjects and styles? this Yearbook). Underground poster?’ stopped us in our ..Oliver Green A simple chronology wouldn’t do them tracks. How do you select the greatest Author and LTM Research Fellow justice so we turned to LTM’s Young So it is possible to pick the perfect when there are thousands of amazing ..Sam Mullins Consultants for help. With colleagues poster, but only if you have some fun, designs to choose from? The answer Managing Director of LTM and from across the Museum, they led two consult some experts and let the was surprisingly simple – let the public co-author of Underground: sessions of ‘speed curating’ – a fun, visitors decide! decide instead. How the Tube Shaped London frantic and competitive exercise ..Simon Patterson that involved organising the 2013’s headline exhibition, Poster Art Contemporary artist whose work posters into mini-exhibitions in 150: London Underground’s Greatest includes The Great Bear (1992) based less than ten minutes and then Designs was created to showcase the on the London Underground map presenting the results. From this best 150 posters from our extensive ..Dr Paul Rennie archive – and let visitors have their say Senior academic at Central Saint on an all-time favourite. In preparation, Martins and a collector of posters the Museum’s curators combed through ..Nicolette Tomkinson more than 3,300 Underground posters Director and Head of Christie’s to select a long list of 400 fantastic Vintage Poster department designs. But to get to a shortlist of 150, ..Michael Walton Anna Renton joined we were going to need some help. Head of Trading at LTM and a LTM in 2009 and helped commissioner of transport posters develop a number of ..Brian Webb successful exhibitions including Mind Designer and Visiting Professor at the Map in 2012. She was the lead the University of the Arts curator for Poster Art 150. Anna left LTM in April 2014 and is now the Museum Curator at the Wimbledon Lawn Tennis Museum.

34 Picking the perfect poster Picking the perfect poster 35 Yearbook 2013 |2014 YYearbook 2013 |2014

2014.016_Dir Yearbook2013-2014_16.09.14_MASTER_p01-69.indd 34-35 06/10/2014 14:16 Plans for the future

The Tube 150 celebrations have brought LTM a higher profile than ever before. Challenges remain, however, as public funding decreases. Our key priority is financial sustainability, which will allow us to maintain the delivery of a high-quality public service to as many people as possible.

With our core revenue grant decreasing Without the global reach of the for a fourth year in 2014/15 and Tube 150 celebrations, which received huge pressure on public funding, the significant public attention, it will be Museum’s main aim is to agree a new challenging to maintain visitor numbers multi-year settlement with TfL that and income at the record levels achieved will give LTM reliable access to capital this year. We have set a target of and revenue support for 2015/16 and 360,000 visitors across our two sites beyond. To facilitate this, we continue and we are redeveloping the children’s to work closely with TfL departments galleries to increase the Museum’s on mutually beneficial partnerships that appeal to families. The Museum’s strengthen the Museum’s charitable and trading company is establishing a five- commercial activities. In particular, talks, year plan to identify ways to increase tours, family activities and events for the our self-generated income. Year of the Bus are already underway, as is planning for 2015/16’s London The Museum at Covent Garden has been by Design programme. An agreed significantly refurbished twice since it calendar of steam train operations on opened in 1980. It is now seven years London Underground and further tours since the last major refit and we are of Aldwych station will take place in around halfway through the lifespan of 2014/15. the current design. The Museum has succeeded in attracting many more visitors than expected since 2007 and this is increasing the strain on our facilities. With these things in mind, we are developing a strategy for the ‘2020 Museum’.

36 Plans for the future Plans for the future 37 Yearbook 2013 |2014 Yearbook 2013 |2014

2014.016_Dir Yearbook2013-2014_16.09.14_MASTER_p01-69.indd 36-37 06/10/2014 14:16 thought leadership Our Thought Leadership breakfasts This year’s featured articles are Thought Leadership is at the heart of the Museum’s and dinners bring together transport based on four topics selected from corporate networking programme and has firmly industry professionals, senior the 2013/14 programme. Next year executives, leading academics and we will look at the government’s established LTM as an important venue for the exchange policy-makers to discuss the topical ‘City Deals’ programme, revisit of ideas about transport and urban planning. issues of today and the challenges of road pricing with the launch of tomorrow. Alongside the Museum’s new research by the Independent Annual Covent Garden Dinner and Transport Commission into public Corporate Members’ Reception, attitudes towards paying for road Thought Leadership events have use, and hold a Year of the Bus become an integral part of the discussion about customer service, transport calendar for our corporate industrial relations and the current supporters. These exclusive sessions challenges faced by transport are always visionary, authoritative, operators in the bus industry. frank and informative. The Thought Leadership programme is delivered in partnership with This year’s busy programme included Thales and Eversheds. a debate about HS2, a response to the Roads Task Force report and sessions For the full programme of past about the future of the Underground and future events, please contact and London’s buses. Participants [email protected] included senior figures from TfL, government and industry, such as Parliamentary Under-Secretary of State for Transport, Stephen Hammond MP; former Director of GCHQ, Sir David Pepper; transport expert Lord Andrew Adonis; and Commissioner of TfL, Sir Peter Hendy.

38 Thought Leadership Thought Leadership 39 Yearbook 2013 |2014 Yearbook 2013 |2014

2014.016_Dir Yearbook2013-2014_16.09.14_MASTER_p01-69.indd 38-39 06/10/2014 14:16 and will need to grow with the city. Tube 300: We will extend most Overground trains to five carriages to reduce crowding, and we are buying 23 new future-proofing London’s rail cars and double-tracking the entire DLR to ensure future capacity. In and Underground network south London we are buying four extra trams and upgrading track and infrastructure to increase capacity for the next 150 years by 50%. The greatest boost will By Mike Brown, Managing Director, London Underground and London Rail come from Crossrail. Decades in the At the same time, we will be planning, it will add 10% to London’s In 1863 the world’s first underground rail journey took place implementing a new all-night Tube total rail capacity once fully opened service, running Underground in 2019. on a 6km line from Farringdon to Paddington. One hundred trains through the night on a and fifty years later, TfL is making significant improvements regular basis for the first time in It has never been more important to its history. We are able to do this demonstrate that we are delivering to ensure the network can continue to serve London until its because of the progress we have as much value as we can with the 300th anniversary and beyond. At our event in December 2013, made in modernising the network, funding we are given. After 30 years streamlining maintenance and of under-investment, one of the Mike Brown outlined his plans for the future. improving reliability. most important lessons of recent years is that sustained funding is the The Underground is part of a much best way to ensure we can deliver a larger network that includes London joined-up programme of substantial The Underground’s Victorian Following the quadrupling Overground, Docklands Light Railway improvements while causing the infrastructure is part of the Tube’s of capacity at King’s Cross and Tramlink. These systems will least disruption. By continuing to iconic charm, but the physical realities St Pancras, similar programmes are also play an integral part in moving invest in projects that will contribute of narrow tunnels and tight stations underway at Tottenham Court Road, London’s increasing population more to the Capital and the country make expansion difficult. Despite Bond Street and Victoria stations. A than they cost to deliver, we can these challenges, we are working hard dramatic and essential expansion is ensure that our network is in good to get more out of what we already also about to kick off at Bank. These shape to serve London for the next have – as well as adding additional massive projects require years of 150 years. capacity through major new initiatives planning and we have the next tranche such as Crossrail. of upgrades already lined up, adding capacity at Holborn and Camden Town Spacious new trains are already in the coming years. Mike Brown has operating on the Circle, District, responsibility for services Hammersmith & City and The way people use our network is that provide more than Metropolitan lines, with improved changing and so must the customer one billion journeys every year across signalling to follow soon. The service we offer. To keep up with the Overground and Underground ‘New Tube for London’ programme changing technology we are rolling out networks, DLR and Croydon Tramlink. will see new trains, signalling and contactless payment across the Tube He is leading a massive investment infrastructure on the Piccadilly, system and increasing Wi-Fi access. and upgrade programme to deliver Bakerloo, Central and Waterloo & City We are also modernising the way our large-scale improvements across the lines, enhancing capacity by as much staff interact with customers, bringing Rail and Underground network. as 60%. We have already upgraded the them out of offices and control rooms Northern, Jubilee and Victoria lines. to sell tickets and serve passengers face to face.

40 Tube 300: Future-proofing London’s rail and Underground network for the next 150 years Tube 300: Future-proofing London’s rail and Underground network for the next 150 years 41 Yearbook 2013 |2014 Yearbook 2013 |2014

2014.016_Dir Yearbook2013-2014_16.09.14_MASTER_p01-69.indd 40-41 06/10/2014 14:16 Crossrail 2 will also unlock significant Tens of thousands of new houses could The case for Crossrail 2 new housing – desperately needed, as be built on the back of Crossrail 2, and barely a third of the new homes required part of its funding should come from By The Rt Hon. the Lord Andrew Adonis each year are being built in the Capital. capturing the increase in land values. In north-east London, Hackney, Crossrail 2 is a proposed new north-south rail line, running in a tunnel Tottenham and Alexandra Palace are The key is to plan Crossrail 2 in from Wimbledon to Hackney, and connecting to existing suburban rail prime sites for regeneration and new conjunction with large-scale housing. housing, once they are connected to Crossrail 1 is projected to add more lines at each end. At our Thought Leadership event in May 2013, with central London with reliable, high- than £5bn to property values along its the first phase of public consultation about to begin, Lord Andrew capacity rail links. Just look at the route but only a fraction of this is being success of the London Overground, captured to support the cost of the line. Adonis argued that London will start grinding to a halt if Crossrail 2 the orbital line launched in 2007 which serves Stratford, Hackney and Islington. Crossrail 2 requires political isn’t built by 2030. leadership. Railway lines can’t be built spontaneously by the private sector. London First, the business promotion Why Crossrail 2? Because it transforms body, has recommended a firm plan public transport capacity on the north- for Crossrail 2, including significant east to south-west London corridor, and property developer contributions so that is essential to relieving congestion and London could directly pay for a large opening up regeneration zones for new part of it. The and the housing as London’s population heads government have yet to respond to this towards ten million by the early 2030s. suggestion. They need to act – we need agreement on a route, a funding deal The new line will relieve a string of and a construction timetable, and we congested central London rail stations need it now. and termini, including Clapham Junction, Waterloo, Victoria, King’s Cross, St Pancras and Euston. It will also ease the most congested sections of the Victoria, Piccadilly and Northern lines, and transform both capacity and journey times for the large and vital commuter-land of south-west London including Wimbledon, Lord Adonis is a journalist Kingston, Surbiton and Twickenham. and former Secretary of State for Transport Passenger numbers on the Tube have who describes himself as a ‘reformer, increased by 40% in the past 15 years writer and Labour peer’. Since our alone, surging by more than 10% event, a revised Crossrail 2 route even since the 2008 financial crisis. has been announced and a further The equivalent of the population of wave of consultation has begun. Lord Manchester now rides the Tube each day. Adonis and the Thought Leadership programme are keeping watch as the Try getting on the Northern line in Crossrail 2 debate progresses. Clapham at 8am. It is so congested that some commuters have started taking the bus further south so they can get on to head north. Before long, stations will be closed periodically because of overcrowding.

42 The case for Crossrail 2 The case for Crossrail 2 43 Yearbook 2013 |2014 Yearbook 2013 |2014

2014.016_Dir Yearbook2013-2014_16.09.14_MASTER_p01-69.indd 42-43 06/10/2014 14:16 Protecting transport from cyber threats By Kevin Wood C.Eng MIET, Principal Systems Architect, Thales

High-profile cyber attacks make headlines around the world. Any business dependent on sophisticated computer and information technology may be at risk, including transport – as the cyber attack media interest and vital to the nation’s matters to the system, the business economy. It is an attractive target and the customers leads to better on the San Francisco metro system in 2011 demonstrated. At a not just for terrorists and fraudsters design, more intelligent monitoring, and Thought Leadership event in June 2013, Kevin Wood looked at the but for so-called ‘hactivists’ intent successful mitigations in defence of the on disrupting public life to make a system under threat. cyber threat facing the UK rail industry. political point. For an effective and efficient transport Once systems are operational, security network, it is essential that systems appliances such as firewalls and are connected, monitored and managed Imagine running a high-profile business Today’s integrated transport system intrusion detection must be continually at a national level, bringing operational with assets distributed over thousands enables better management of assets monitored to detect potential threats. benefits and high-quality customer of miles, across urban and rural terrain, and improved customer service but Advanced technology and regular experience. Effective cyber security both above and below ground, and depends on continuously available power, updates are vital to good cyber security, enables this to take place while ranging in age from the ultra-modern people and communications systems but equally essential is the need for ensuring the system remains resilient to early Victorian. Now imagine that operating on a much larger scale. The those involved with the process to have to cyber attack. this business must serve millions potential for disruption is much greater. comprehensive knowledge of both the of demanding private and business Premeditated cyber attacks could have security threat and the system being customers every day around the clock. national consequences if effective design, defended. Combining an understanding Such complexity is a reality for the monitoring and mitigation are not in of what could happen with what really UK’s transport infrastructure, which place – and the danger is not limited to has to operate seamlessly to provide signalling systems. Timetabling, customer the services we take for granted. information and payment systems are Increasingly, as the network is upgraded equally vast and complicated in today’s Kevin Wood is a systems and modernised, the systems and interconnected rail network. engineer and cyber processes that underpin the rail security expert who network must also evolve resilience Building the complex systems that believes strongly in taking a systems to cyber attack. underpin the transport network requires engineering approach to cyber the designers and operators to work with security. As well as his work at the Traditional mechanical signalling security engineers to think the improbable, Thales cyber security centre and his systems were operated and test scenarios and apply appropriate support for the Thought Leadership monitored locally. Faults would tend and cost-effective security within the programme, he has other transport to affect a limited area with little if system architecture from the outset. industry credentials – he is the any disruption to national systems. The rail network is public-facing, of high grandson of Blackpool tram driver Jim Lascelles.

44 Protecting transport from cyber threats Protecting transport from cyber threats 45 Yearbook 2013 |2014 Yearbook 2013 |2014

2014.016_Dir Yearbook2013-2014_16.09.14_MASTER_p01-69.indd 44-45 06/10/2014 14:16 compared to 2012. Buses with the We are considering making every single- How green can buses be? latest Euro VI engine are also fitted with deck bus in the congestion charge zone a sophisticated exhaust after-treatment all-electric and all double-deck buses By Leon Daniels, Managing Director, Surface Transport, TfL system which cuts the tiny particulates hybrid diesel-electric. This would turn emitted by up to 90% compared to the central area of the Capital into an London is far ahead of other cities in the UK at cutting harmful bus earlier comparable-sized vehicles. ultra-low emission and quiet zone for emissions but the Capital’s pressing need for cleaner air is taking public transport by 2020. TfL has also been introducing rising us into uncharted territory. At our Thought Leadership event in numbers of hybrid diesel-electric buses How green buses can be is an open- November 2013, Leon Daniels took a look ahead. to reduce CO2. As of spring 2014, there ended question. London is about to were more than 700 vehicles of this find out how far emerging automotive type in the 8,700 fleet and by 2016 one technologies can take the city in its in five buses will be hybrids. Among quest to markedly reduce, or even Many cities in the UK – including London this total will be 600 eliminate, tailpipe emissions. Our – currently fail to meet the EU’s Air vehicles which are the cleanest double- experiences will offer a model to Pollution Directive. The country was deckers in the fleet. other cities and transport authorities supposed to comply by 2010 but the in Europe and Asia with similar air- government admits it is unlikely to do so TfL is also one of the early adopters quality challenges. until 2020 or later. The London bus fleet of more radical zero-tailpipe-emission delivers more than 6.4 million journeys technologies such as all-electric a day and is in a unique position to help buses, hydrogen fuel-cell vehicles and reduce emissions of oxides of nitrogen biodiesel. All-electric technology is new (NOx) and particulate matter – most of to the London operating environment which emanate from diesel engines. but needs to be assessed and built into the strategy for cutting emissions. As buses carry most of the travelling Currently, the operating performance public, they prevent the highway network of two Chinese-made BYD buses on from being clogged with private motor routes 507 and 521 between Victoria, vehicles and higher concentrations of Waterloo and London Bridge is being exhaust emissions. But TfL’s ability to monitored and four Optare MetroCity direct the bus network offers a further, vehicles are being assessed between significant lever for change. We can Hayes End and Hounslow. They will intervene to require bus operators to be joined by two more Optare electric retrofit vehicles with cleaner exhaust vehicles on route 312 in summer 2014. systems, introduce cleaner engines and harness new technology to make immediate improvements to air quality. Leon Daniels has worked TfL has just pushed through the first half in the bus industry for of a two-stage abatement programme 40 years. Following to reduce NOx by fitting 940 Euro III his tenure as Customer Service and buses with selective-catalytic reduction Communications Director, UK Bus equipment which cuts this tailpipe at FirstGroup, he joined TfL in 2011. exhaust gas by up to 88%. The next stage As Managing Director for Surface is either to upgrade remaining Euro III Transport, his remit includes buses, engine buses or replace with ultra-low taxis, cycling and river boats. Leon NOx Euro VI engines by 2015. These was a Trustee of London Transport two measures will bring about a 20% Museum between 2008 and 2011. reduction in NOx from the bus fleet

46 How green can buses be? How green can buses be? 47 Yearbook 2013 |2014 Yearbook 2013 |2014

2014.016_Dir Yearbook2013-2014_16.09.14_MASTER_p01-69.indd 46-47 06/10/2014 14:16 Income and support

The Museum’s charitable activities depend upon income generated by commercial activities, fundraising, marketing and the generous donations of time and funds by volunteers, sponsors, LTM Friends and other supporters.

LONDON TRANSPORT MUSEUM catalogue proved to be one of our (TRADING) LTD bestselling books. Following years The exceptional circumstances of the of steady decline, sales of models Tube 150 year helped the Museum’s increased by over 100% due to special subsidiary trading company achieve its Tube 150 model locomotives and the best ever results in 2013/14. The huge launch of a New Routemaster model, additional footfall at Covent Garden which proved very popular. For Year of led to increased retail sales, while the Bus, new products, promotions and high-profile Tube 150 sponsorship pop-up shops at bus-related events will deals brought in significant additional appear throughout 2014. income. Product development, improved merchandising and the Museum’s first E-COMMERCE major January sale all helped to drive Another year of growth in 2013/14 saw retail success. Valuable funding from online and mail order sales increase by Arts Council England (ACE) contributed 42%. Supported by funding from ACE, to improvements to the Museum’s we were able to invest in our online Depot and online shops, while pop- services, search engine optimisation, up retail outlets at stations in support site functionality and mobile access. of steam train events proved popular Revamping the retail facilities at Acton with customers. The trading company Depot created a more efficient central ended the year with an operating profit location for fulfilling online orders. A of £1.2m, which will be donated to the great deal of preparatory work was Museum charity by way of Gift Aid. undertaken in anticipation of the launch of the combined LTM/TfL webshop. We MUSEUM RETAIL expect the new site and improved links New product launches, good from the relaunched TfL website to merchandising and retail PR activity boost sales further in 2014/15. allowed us to respond to Tube 150 opportunities and increase turnover to For posters, souvenirs, models and record levels in 2013/14. Poster sales more, visit ltmuseum.co.uk/shop grew by 50% for the second year in a row and the Poster Art 150 exhibition

48 AddIncome chapter and supporthead IncomeAdd chapterand support head 49 Yearbook 2013 |2014 Yearbook 2013 |2014

2014.016_Dir Yearbook2013-2014_16.09.14_MASTER_p01-69.indd 48-49 06/10/2014 14:16 MARKETING FUNDRAISING Throughout 2013, we worked to Successful fundraising is vital to sustaining sustain media and public interest in the the Museum. In 2013/14 we attracted 150th anniversary celebrations of the new funders, deepened our relationships Underground. The result was a record- with existing supporters, and developed breaking year with more visitors than ever. innovative schemes. Key to our success was the Poster Art 150 exhibition, sponsored by Siemens. The Once again ACE was a key funder. exhibition had broad appeal and lent itself Strategic Support from ACE helped to an exciting programme of events that increase our capacity and resilience, and helped sustain coverage. The Siemens aided the delivery of our educational Poster Vote added an interactive element projects. We also received a ‘Grants for and over 42,000 visitors voted for their the Arts’ award to create an immersive VENUE HIRE favourite poster. theatrical experience in the atmospheric LTM hosted 175 events and welcomed space of the disused Aldwych over 15,000 guests this year, increasing Our Friday Lates are now well established Underground station. We are grateful to Our successful application to the hire revenue by 8%. Throughout 2013 and this year was the most successful ACE for their support when DCMS Wolfson Museums and Galleries we ran Tube 150 catering packages yet. The events are marketed at an adult, it proved impossible to complete Improvement Fund and a generous which included a private tour of the culture-seeking audience and for the first this project. donation from the Luke Rees-Pulley Poster Art 150 exhibition. We are time one of the events was sponsored Charitable Trust (LRPCT) will help fund a developing a similar offer for Year of by Siemens. Deliberately not branded ACE also awarded LTM a ‘Designation redevelopment of the Museum’s family the Bus in 2014. as a Valentine’s Day event, our Friday Development’ grant, which is only galleries next year, for which we also Late on 14 February 2014 proved to available to museums with a collection have a dedicated TfL capital grant. The expanded list of caterers has been be hugely popular and was promoted that is recognised as being of national This important project will improve well received and each caterer has via our first-ever Facebook advertising importance. The Born Digital project will the Museum experience for a vital been successfully used for evening campaign. Online and social media are catalogue the ever-increasing proportion audience segment. receptions or dinners in the galleries. now firmly embedded in our marketing of digital rather than physical objects We were delighted to be chosen to communications and this year we took entering the collection. LRPCT and TfL also supported the host the Business Travel Show VIP part in Twitter’s first #Museumweek Inspire Engineering programme which after-party, which gave the Museum initiative, engaging a new audience and The Heritage Lottery Fund (HLF) continues brings pupils together with real-world exposure to thousands of delegates and raising our profile. to be a vital supporter of LTM. This year engineers and the problems they deal several hundred people who attended saw the completion of Project 353 and with. Additional support from the the party. We also hosted a successful We were delighted to be working once the start of the four-year-long Battlebus London Schools Excellence Fund helped promotional dinner for 100 influential again with the Association of Illustrators project. HLF also awarded us an ‘Our us extend the programme into primary events industry guests who had not and Serco to present our annual Serco Heritage’ grant to fund Johnston schools for the first time, and we are previously visited LTM. Prize for Illustration. The theme for 2014 Journeys, a two-year project to research working to secure commercial sponsors was ‘London Stories’. Capturing the and redisplay material for the centenary to develop this initiative further. While most bookings are corporate, this imagination of many artists, the prize of Edward Johnston’s typeface created for year saw a number of children’s parties, attracted over 1,200 entries – the highest London Underground in 1916. This work Mayor of London and a wedding reception and a successful number in the four-year history of the will form part of a larger programme of Commissioner of TfL Sir Peter Hendy bar mitzvah for a young transport competition. The extended Exterion design-related activity in 2015/16. were keynote speakers at the Museum’s enthusiast. Sky television filmed scenes Media Gallery is well suited to this kind annual fundraising dinner and auction. at Acton Depot for a new comedy, and of exhibition and we hope to expand The dinner is now a firmly established we intend to secure further film and the competition next year: to increase event in the transport industry calendar photography business in future. the number of entries we can show, and this year was our most successful extend the duration of the exhibition and yet. Our thanks go to all those who To find out more about venue hire, visit generate a larger audience. attended the event or contributed ltmuseum.co.uk/venuehire auction items, and again to our auctioneer, James Knight of Bonhams.

50 Income and support Income and support 51 Yearbook 2013 |2014 Yearbook 2013 |2014

2014.016_Dir Yearbook2013-2014_16.09.14_MASTER_p01-69.indd 50-51 06/10/2014 14:16 Leadership programme (see page 38), VOLUNTEERS corporate hire of the Museum’s galleries During 2013/14, over 160 volunteers and free Museum entry for employees. contributed nearly 25,000 hours towards the Museum’s work. Volunteers led In February 2014, Leon Daniels officially guided tours of the exhibition Poster Art launched the Year of the Bus. The 150 at Covent Garden, helped deliver programme celebrates the vital role new family tours at our Acton Depot that London’s buses play in the life of and carefully led visitors down 160 stairs the Capital and the wider economy. The for 99 tours of the disused Aldwych year of events includes the Museum’s station. Volunteers also worked in the Goodbye Piccadilly exhibition, bus garage library, ran object-handling sessions in open days and a bus cavalcade in central the galleries and provided invaluable London. It is being made possible thanks customer support at Tube 150 steam CORPORATE SUPPORT to the support of Exterion Media, Abellio, train events. LTM has an excellent record of creating Arriva London, Clear Channel UK, Go- rewarding relationships with corporate Ahead London, Metroline, RAPT Dev UK, At the 2013 London Volunteers in partners. This year we worked closely Stagecoach, Wrightbus, Optare and telent LONDON TRANSPORT MUSEUM Museums Awards, two of our volunteer with companies who supported Technology Services. FRIENDS guides won in the ‘Bringing Innovation’ the Tube 150 celebrations: Cubic The Museum is fortunate to have the category for devising and delivering Transportation Systems, the lead The Museum’s programmes and invaluable support of the LTM Friends, popular walking tours of Charles industry sponsor; Siemens, sponsors of longstanding ties with industry and an independent, volunteer-led charity Holden’s modernist stations on the the hugely popular exhibition, Poster Art TfL offer exceptional opportunities funded by memberships, donations, Piccadilly line. We are very grateful to 150; and our other anniversary sponsors for sponsors. To get involved, please legacies and sales of transport- the many people who donate their time, Exterion Media, Canary Wharf Group, contact the LTM Development team related collectibles. The Friends offer skills and expertise to support LTM’s Costain and Invensys Rail. Exterion on 020 7565 7451 or email knowledge, enthusiasm and financial programmes and events. (formerly CBS Outdoor) also sponsor [email protected] assistance to the Museum, and many the Exterion Media Gallery, while Cubic regularly volunteer at Covent Garden, To find out more about volunteering, Transportation sponsor the Cubic Acton Depot and at Museum events. visit ltmuseum.co.uk/support-us/get- Theatre and Foyer and helped us to involved. create NextCity, a new installation in In 2013/14, the Friends provided a major the Museum’s Futures Gallery. contribution to the Battlebus restoration project, along with support for restoring Serco once again sponsored the other vehicles and the purchase of new Serco Prize for Illustration while items for the collection. Clear Channel’s support meant we could launch Poster Transport Art – a To find out more about LTM Friends, programme to commission new artwork visit ltmuseumfriends.co.uk which will begin to appear on the Tube network next year.

It was a record-breaking year for our Corporate Membership scheme, which generated £500k towards the Museum’s charitable work. New Corporate Members included Balfour Beatty Rail, CSC, EPC, LG CNS, Marston Holdings, Telefόnica O2, Ramboll, Trueform Engineering and Wragge & Co. Corporate Membership delivers a range of business benefits including access to the Thought

52 Income and support Income and support 53 Yearbook 2013 |2014 Yearbook 2013 |2014

2014.016_Dir Yearbook2013-2014_16.09.14_MASTER_p01-69.indd 52-53 06/10/2014 14:16 Corporate members Sponsors and donors

The Museum is grateful to the following companies and organisations for their support and generosity.

LEADER MEMBER MAJOR SUPPORTERS COMPANIES WHO HAVE PLEDGED Abellio* Amey* Transport for London SUPPORT FOR YEAR OF THE BUS Alexander Dennis BAM Nuttall Heritage Lottery Fund Exterion Media Arriva London Bechtel Arts Council England Abellio Balfour Beatty Rail Bircham Dyson Bell* DCMS / Wolfson Foundation Museums Arriva London Barclays Canary Wharf Group* and Galleries Improvement Fund Clear Channel UK Bombardier Transportation UK Capital and Counties* London Transport Museum Friends Go-Ahead London CSC* Citylink Telecommunications Luke Rees-Pulley Charitable Trust Metroline Cubic Transportation Systems* Deloitte* RATP Dev UK EM Highway Services* Freshfields Bruckhaus Deringer* MUSEUM SPONSORS Stagecoach EPC Mott MacDonald Exterion Media Wrightbus FirstGroup UK Bus* Mountview House Group Exterion Media Gallery Optare GB Railfreight PricewaterhouseCoopers Cubic Transportation Systems telent Technology Services Hitachi Rail Europe* Ramboll Cubic Theatre and Foyer Imtech Traffic and Infra UK* RATP Dev UK* Clear Channel UK B-TYPE BUS RESTORATION APPEAL LG CNS Sacker & Partners* Transport Poster Art Over 130 people have made a personal Marston Holdings Trapeze Group Eversheds donation towards the restoration of M. J. Quinn* Trueform Engineering Thought Leadership B-type bus No.B2737. We would like to QBE Insurance UK Power Networks Services Thales thank everyone who lent their support Ringway Jacobs* Wragge & Co* Thought Leadership to the project. Serco* Wrightbus* Serco Siemens* Serco Prize for Illustration SKILLS AND EDUCATION Skanska* ASSOCIATE Capco Swiss Re Metroline TUBE 150 Clear Channel UK Thales* Cubic Transportation Systems London Schools Excellence Fund Vix Technology HONORARY CORPORATE MEMBER Lead industry sponsor Paul Hamlyn Foundation 4-RAIL Services Siemens St Mungo’s DRIVER Exhibition sponsor: Poster Art 150 The Steel Charitable Trust Eversheds* *Thank you to these companies who Exterion Media Ferrovial Agroman purchased tables at the 2013 Covent Canary Wharf Group PATRONS Go-Ahead London* Garden dinner and auction, as did Costain David Buck Halcrow Group Alstom, Ashurst, ATC, Clear Channel Invensys Rail Steve & Melanie Edge Invensys Rail* UK, Costain, Exterion Media, Herbert Guy Marriott NSL Smith Freehills, HSBC and Visa. Alan Moore Telefónica O2* Richard & Sue Rees-Pulley telent Technology Services* Paul Ross Phil Swallow Nicholas Woolf

54 Corporate members Sponsors and donors 55 Yearbook 2013 |2014 Yearbook 2013 |2014

2014.016_Dir Yearbook2013-2014_16.09.14_MASTER_p01-69.indd 54-55 06/10/2014 14:16 Public programme

The Museum worked closely with London Underground and TfL to create an ambitious year-long programme of events to mark the 150th anniversary of the world’s first underground railway. Following the landmark run of the steam locomotive Met No.1 between Olympia and FAMILY ACTIVITIES AT COVENT GARDEN Moorgate in January, the Tube 150 celebrations 1–12 April 2013 Underground Overground Storytelling and model-building activities exploring London’s provided the backbone of the Museum’s schedule Tube stations

of activities throughout 2013. 27 May – Poster People 2 June 2013 Making clay figures and telling stories based on Underground posters

30 July – Tackling Tunnels 31 August 2013 Stories and tunnel-building inspired by London’s network of transport tunnels

4–26 August 2013 Steamy Science Demonstration on the challenges of keeping London moving

6–24 August 2013 Down with It Learning about the Tube’s escalators and lifts through imaginary characters and a sing-along

19–23 August 2013 Be Safe Week Fun workshops promoting transport safety, in association with the British Red Cross, RNLI, Met Police and British Transport Police

28 October – Puppet Zoo 3 November A creative journey into the Tube map with finger puppets, 2013 animals and its first designer, Harry Beck

29 December Time Travellers 2013 – 3 January Storytime and poster-making about London Transport’s past 2014 and future

17–21 February Pop–up Stories 2014 Bimbo the monkey and Mike the cat uncover legendary tales of London through storytelling and craft activities

56 Public programme Public programme 57 Yearbook 2013 |2014 Yearbook 2013 |2014

2014.016_Dir Yearbook2013-2014_16.09.14_MASTER_p01-69.indd 56-57 06/10/2014 14:16 COMMUNITY ACTIVITIES

December The Happy Museum Project: Volunteering Programme 2012 – Collaboration to provide volunteer opportunities for adults June 2013 who have experienced homelessness

From April 2013 The Happy Museum Project: Conversation Hub LTM space for arts, museum and community organisations to discuss projects and issues that are affecting them and the audiences they work with

April – Project 353 July 2013 Project for young artists with learning disabilities in Camden using Metropolitan Carriage 353 as inspiration

June – All Our Stories September 2013 Engaging young people who have experienced homelessness to visit six London museums, supported by HLF

August – Project 353 September 2013 In association with Church Street Library in Westminster, project for adult and child learners from non-English-speaking backgrounds

September 2013 Project 353 Working with individuals on the autistic spectrum preparing LONDON WALKS AND STATION TOURS for higher education and work, in association with the National Autistic Society 22–23 June 2013 Walk the Original Line Guided walks along the Metropolitan line from Paddington to September 2013 Project 353 Euston and from Euston to Farringdon With Action Space, Holborn, artists with learning disabilities use Metropolitan Carriage 353 and a trip to LTM to inspire 29 June 2013, Semi-Detached Holden their art 6 July 2013 Walks exploring Piccadilly line suburban stations designed by Charles Holden 29 September, Early Explorers 27 October and Early morning access to the Museum and special activities for 17–18 August Walk the District Line 17 November families with children on the autistic spectrum 2013 Walks from Victoria to Embankment to learn about London’s 2013 second oldest Tube line

1 October 2013 Project 353 7 November – Aldwych Underground Station Tours Women in Acton from non-English-speaking backgrounds 1 December 2013 Guided tours around the disused Aldwych Underground learn about local history and improve their confidence in station English

November and ESOL Storytelling Project December 2013 Family programme using stories inspired by the collection to teach English for Speakers for Other Languages

58 Public programme Public programme 59 Yearbook 2013 |2014 Yearbook 2013 |2014

2014.016_Dir Yearbook2013-2014_16.09.14_MASTER_p01-69.indd 58-59 06/10/2014 14:17 TALKS, SCREENINGS AND OTHER EVENTS

23 April 2013 In the Frame: Stories Behind the Posters Discussion on Underground art with broadcaster Robert Elms and members of the Poster Art 150 selection panel

17 May 2013 Brightest London Friday Late including exhibition tours, workshops, readings and films

5 July 2013 Engineering at TfL and Crossrail Study day for teachers to meet TfL engineers and explore an active engineering site at Crossrail, Farringdon as part of the Inspire programme

20 September 2013 Siemens Poster Playground Friday Late including tours, quizzes, craft workshops and a scavenger hunt 17 November 2013 London Transport Cine-Gazette Rare screening of London Transport staff newsreel films 10 October 2013 The Ultimate Guide to Secret London from 1947–9 Talk by Matt Brown, editor of Londonist.com, on some of the city’s little-known spaces 19 November 2013 The Dethroned ‘King of the Underground’ Talk by Professor Tony Lentin on the rise and fall of Sir Edgar 4 November 2013 Frank Pick’s London Speyer, head of London’s transport system in the early 20th Talk by LTM Research Fellow Oliver Green on how new century designs for London Transport changed the face of London 24 November 2013 Victoria Line Report Series 5 November 2013 Poems on the Underground British Transport films documenting London’s biggest civil Reading of poems about transport and London life by John engineering project of the 1960s Hegley and Cicely Herbert with music from the Apollo Chamber Orchestra 29 November 2013 Logo for London Friday Late celebrating London’s favourite symbol – the Tube 10 November 2013 Underground roundel, with talks, quizzes and live music Screening of the BFI-restored 1928 film Underground 1 December 2013 Jubilee Line Extension Video Reports The first public screenings of London Underground’s films which record the construction of the Jubilee Line extension from Green Park to Stratford in the 1990s

2 December 2013 Oh Dr Beeching – What Have You Done? Transport experts debate how the 1963 Beeching report on the railways affected London

4 February 2014 In Conversation: Leon Daniels and Robert Elms A discussion about the highs and lows of running London’s bus, river and taxi services with TfL’s Managing Director of Surface Transport

14 February 2014 London Stories Friday Late celebrating the opening of the Serco Prize for Illustration exhibition

3 March 2014 London Stories Live Authors reveal the inspiration behind their London stories

60 Public programme Public programme 61 Yearbook 2013 |2014 Yearbook 2013 |2014

2014.016_Dir Yearbook2013-2014_16.09.14_MASTER_p01-69.indd 60-61 06/10/2014 14:17 HERITAGE VEHICLE OUTINGS 20 July 2013 Tottenham Garage Centenary FRM1 and NS1995 buses appeared at Arriva’s Fun Day to 6 April 2013 South East Bus Festival celebrate 100 years of Tottenham Bus Garage Guy Special 64 on display in Kent to mark the 60th anniversary of the GS bus 21 July 2013 Art Deco Special 1938 stock ‘Art Deco Special’ train run on Northern and 21 April 2013 London Bus Museum Piccadilly lines Routemaster bus prototype RM1 from 1954 on display in for 40th Spring Bus and Coach Gathering 3–7 August 2013 Discover Forgotten Metro–land Steam runs at the Buckinghamshire Railway Centre for Carriage 5 May 2013 Historical Commercial Vehicle Society 353 and Met No.1, including a ‘Railway Connoisseurs Day’ on 6 London-to-Brighton Run August aimed at transport enthusiasts London General Bus NS1995 7–8 September The Golden Age of Steam returns to the 19 May 2013 Journey to Metro-land 2013 Metropolitan line Trips on the Metropolitan Line for the Rickmansworth Festival Met No.1 loco, Carriage 353 (with GWR pannier and prairie with LTM’s 1938 stock, London Underground’s A-stock locomotives) and ‘Sarah Siddons’ run on the Metropolitan line and the 1920s electric locomotive ‘Sarah Siddons’. Bus RM1 between Amersham and Harrow-on-the-Hill. RM1 ran a free provided shuttle services to the station shuttle service on 8 September as part of Amersham Old Town Heritage Day 25–27 May 2013 Tube 150: Celebrations on the Metropolitan Line Met No.1 steam locomotive, Met Carriage 353 and 1950s 20–22 September Severn Valley Railway Autumn Steam Gala coaches run between Amersham and 2013 Met No.1 locomotive and Carriage 353 Harrow-on-the-Hill 29 September 2013 1938 Stock on the Piccadilly line 9 June 2013 Hertford Running Day The ‘Art Deco Special’ train running around the Heathrow loop GS64 country bus run for 60th anniversary of GS buses 2–3 November Acton Depot Open Weekends 21–24 June Tube 150: Steam at Epping Ongar Railway 2013 and 15–16 Short excursions around Acton for RM1 and other vintage and 28 June – Locomotive Met No.1 and Met Carriage 353 alongside other March 2014 buses 1 July 2013 heritage rolling stock running between Ongar and North Weald Epping 17 November 2013 Merton Bus Garage Open Day Bus NS1995 on display to mark 100 years of Merton Bus 22 June 2013 Christ the Saviour School Fete Garage RM1 bus on display 8 December 2013 Uxbridge Heritage Steam Rides 14 July 2013 Uxbridge Running Day Met No.1 locomotive and Carriage 353 running on the RM1 joined other vintage buses for a day of free public services Metropolitan line from Harrow-on-the-Hill to Uxbridge

17 July 2013 Cart Marking Ceremony Metropolitan Carriage 353 ‘marked’ by Alderman Fiona Woolf and Master Carman Neil Coles at Mansion House station in recognition of London Underground’s 150th anniversary

62 Public programme Public programme 63 Yearbook 2013 |2014 Yearbook 2013 |2014

2014.016_Dir Yearbook2013-2014_16.09.14_MASTER_p01-69.indd 62-63 06/10/2014 14:17 MUSEUM DEPOT

April 2013 – Behind the Scenes at the Museum Depot March 2014 Regular guided tours of the Depot on the last Friday and Saturday of each month

8–11 April 2013 Tube 150 Activities Week Daytime and evening workshops and family activities, including photography, fabric design and creative writing inspired by the Museum collection at Acton

8 –11 April 2013 Tube 150 Activity Week Family Tours Specially developed, family-friendly tours of the Depot to accompany the Activity Week workshops. Cab it! tours allow visitors into the train drivers’ cabs

12 April 2013 Tube 150 Restoration Day with Ffestiniog Railway Demonstrations, discussions and hands-on workshops with 10–14 June, Inspire Engineering Days the team from Ffestiniog who restored Metropolitan Railway 11–15 November Secondary school pupils get to explore the Acton Depot Carriage 353 from a ruined shell for the Tube 150 anniversary 2013 and 13–21 collection and meet TfL engineers to learn more about March 2014 engineering as a career 13–14 April 2013 We Love Steam Open Weekend Miniature railway displays, guided tours, workshops, book 28–30 October Tube 150 Behind the Scenes Week signings and family activities based around Tube 150 and 2013 Daytime and evening workshops and family activities, including Carriage 353. Met No.1 loco in light steam photography, animation and creative writing inspired by the Museum collection at Acton May, August and Art and Poster Tours November 2013 Alternative, specialist tours of the poster and artwork 28–30 October Tube 150 Behind the Scenes Family Tours and February 2014 collections offered alongside the regular monthly tours 2013 Volunteer-led Depot Explorer family tours focusing on buses and trains in the Museum’s collection at the Depot, and Cab it! tours which allow visitors into the train drivers’ cabs

1–3 November Tube 150 Behind the Scenes 2013 Extended Depot Open Weekend Three days of workshops, talks, film screenings, heritage bus rides, family activities, guided tours and other activities at the Depot

15–16 March 2014 Depot Open Weekend – Year of the Bus Guest buses, bus pit tours, talks, storytelling, film screenings and model exhibitors

64 Public programme Public programme 65 Yearbook 2013 |2014 Yearbook 2013 |2014

2014.016_Dir Yearbook2013-2014_16.09.14_MASTER_p01-69.indd 64-65 06/10/2014 14:17 EXHIBITIONS AND TEMPORARY DISPLAYS

26 October 2012 – Crossrail 28 June 2013 Contemporary gallery display exploring the impact and scale of Europe’s largest construction project with a focus on tunnelling and new stations

8 February – Poster Parade: Designing for the Future – 2063 25 April 2013 Exhibition of posters from a competition run with the Royal College of Art reflecting 150 years of the Underground and imagining its future

15 February 2013 – Poster Art 150: London Underground’s Greatest Designs 5 January 2014 Headline exhibition showcasing the 150 greatest Underground posters ever produced, with designs from each decade over the last 100 years

25 April – Poster Parade: London Characters 19 July 2013 To mark the 150th anniversary of the Underground, character animation students from Central Saint Martins brought Underground posters to life From 4 October Hail the taxi 2013 Display marking the withdrawal of the Fairway taxi from 19 July – Poster Parade: The Ones That Got Away London’s streets, featuring objects on loan from the London 24 October 2013 LTM audiences chose this display of posters that didn’t make Vintage Taxi Association it into the exhibition Poster Art 150: London Underground’s Greatest Designs 25 October 2013 – Poster Parade: Moments in Time 30 January 2014 Posters documenting significant moments in the From 29 July 2013 Faster, Smarter, Easier Underground’s history, including ten new posters specially Interactive contemporary display looking at the engineering commissioned to mark the 150th anniversary of the Tube innovation and new technology being used to tackle congestion, increase capacity and make journeys faster on the Tube 7 February – Poster Parade: I Love London 15 May 2014 Posters chosen by LTM staff showcasing things they love about London

7 February – A Carriage Through Time 6 April 2014 A Project 353 exhibition of work by ten community organisations from across London. Over 100 participants, sponsors and staff attended the private view

14 February – Serco Prize for Illustration 2014: London Stories 6 April 2014 Temporary exhibition featuring the best 50 entries from the competition based on contemporary, historical, real or imagined London narratives

66 Public programme Public programme 67 Yearbook 2013 |2014 Yearbook 2013 |2014

2014.016_Dir Yearbook2013-2014_16.09.14_MASTER_p01-69.indd 66-67 06/10/2014 14:17 History of the Museum

From modest beginnings, LTM has grown to be a world-class museum for a world-class city.

The London Transport Museum at exhibition and education spaces. Our Covent Garden first opened its doors programme of events and activities on 28 March 1980, but our roots go has also expanded to include late- back to the 1920s when a small number night openings, London-wide schools of historic vehicles were preserved by programmes, steam train operations and the London General Omnibus Company. guided tours of disused stations. Much of this early collection is still on display today, including the B-type With just 1,000 items in the collection bus and a replica of George Shillibeer’s when we opened in 1980, the Museum original horse-drawn omnibus of now cares for over 450,000 objects 1829, which was commissioned to including trains, buses, trams, taxis, commemorate 100 years of London signs, photographs, posters, uniforms bus services. and transport ephemera, as well as audio, video and digital data. Items Originally housed at Chiswick Works, not displayed at Covent Garden are the collection eventually became the conserved at the Museum’s Acton responsibility of the London Passenger Depot – the UK’s first publicly Transport Board who established a accessible museum store when policy of preserving vehicles as they it opened in 1995. Our collection were withdrawn from service. By the was designated as being of national time the Museum of British Transport importance in 1997. in Clapham was created in 1963, the collection had grown to include both Since April 2008 the Museum has Underground and mainline railway been a registered charity with a clear material. The collection was split up remit to deliver public benefit through when the mainline railway items were conservation and education activities, set aside for the new National Railway and by providing public access to Museum, which opened at York in 1975. the collection. The remaining artefacts became the London Transport Collection, displayed from 1972 to 1979 in a large greenhouse at Syon Park. The creation of the London Transport Museum in the former flower market at Covent Garden in 1980 provided a dedicated and central new home for the collection.

Since then, two significant refurbishment projects have delivered major improvements at Covent Garden. The Museum now has two further interior floors, a purpose-built lecture theatre, a larger shop and a range of special

68 History of the Museum History of the Museum 69 Yearbook 2013 |2014 Yearbook 2013 |2014

2014.016_Dir Yearbook2013-2014_16.09.14_MASTER_p01-69.indd 68-69 06/10/2014 14:17 RECRUITMENT OF TRUSTEES RISK MANAGEMENT Structure, governance Independent Trustees are selected on ..The Trustees acknowledge their responsibility to assess their ability to meet the requirements and manage the risks facing the Museum. The major of the vacancy to be filled. We seek risks to which the Museum is exposed have been and management to recruit Trustees with expertise reviewed. The Trustees have implemented a risk and experience that will support management strategy which includes the following the strategy and operation of the actions that were undertaken in the year: Museum in areas such as community –– Periodic risk reviews by the Managing Director outreach, education, museum practice, and Senior Management Team, overseen by the commercial transportation, finance and Audit Committee GOVERNING DOCUMENTS ORGANISATION governance, retail operations and public London Transport Museum Limited The Museum is governed by a Board relations. In 2012/13 the Nominations –– Annual review of risk and risk management (LTM) is a registered charity incorporated of Trustees, chaired by Sir David Bell. Committee recommended that Trustees by the Trustees on 6 February 2008 as a company The Board meets four times a year with experience in areas of city futures, –– Maintenance of the Risk Map and Risk Register limited by share. It is governed by for routine business and may convene youth employment/engagement, –– Maintenance of systems and procedures to mitigate its Memorandum and Articles of other meetings as necessary to consider and commercial property would be risks identified in the Risk Map and Risk Register Association. Under the GLA Act 1999, urgent issues. In addition, Trustees take of benefit for the Museum. Three Transport for London (TfL) has the power part in an annual review of strategy. Day- trustees were recruited this year via a –– Maintenance of procedures designed to minimise to provide and maintain a museum of to-day management of the Museum is process that included both personal any potential impact on the Museum should those transport artefacts, records and other delegated to the Managing Director, Sam recommendations and external search. risks materialise exhibits. While it is common for charities Mullins, and through him to the Senior A proposal to fill the remaining Trustee –– Regular audits of Museum operations carried to incorporate as companies limited by Management Team, employees and vacancy is being considered. out by TfL’s Internal Audit department guarantee, the Transport for London volunteers. (Specified Activities) Order 2000 requires TRUSTEE INDUCTION ..The Museum’s key risks are identified as those with TfL to carry out museum activities TRUSTEES AND TRAINING a potential impact that is rated ‘High’ or ‘Very High’, through a company limited by shares. There are up to thirteen Trustees, New Trustees undergo an orientation and which have a ‘High’ or ‘Very High’ likelihood of three of whom are nominated by TfL programme to brief them on their occurring. Four risks fall into this category: Under section 5.1 of the LTM and may be members, officers or obligations under charity and company –– Increase in fixed costs – especially associated with Memorandum of Association, the employees of TfL or the Greater London law, the content of the Memorandum rental costs at Covent Garden property and funds of the Museum must Authority. The Managing Director of and Articles of Association, the –– Loss of key skills and knowledge – especially in be used only for promoting the objects LTM is automatically a Trustee by virtue committee and decision-making relation to Trustee terms due to end in 2014 and no dividend is payable to TfL. of his office, and there are up to nine processes, the business plan and recent independent Trustees unconnected performance of the Museum. During –– Reduction in TfL core funding – following TfL’s LTM has a wholly owned subsidiary, with TfL. The Board has established a their induction they are invited to spend reduced settlement from government London Transport Museum (Trading) Nominations Committee to offer advice time with the LTM Managing Director –– Employee morale – given proposed changes to the Limited (LTMTL) which operates retail, and make recommendations regarding and meet senior staff, and are provided TfL paybands and reward structures which will corporate hire and other non-charitable the appointment of independent with relevant reference material. affect LTM staff activities to generate funds to further Trustees. Trustees serve a three- the Museum’s objects. All the profits of year term following which they may AUDIT COMMITTEE ..To mitigate these risks, the Trustees and/or LTMTL are donated to LTM. be elected for another three years. The role of the Audit Committee is to Management Team have undertaken the following The Articles of Association make assist and advise the Board of Trustees actions: allowance for a second extension of of LTM on audit matters and oversee –– Engaged with TfL and external property specialists up to three more years in exceptional the relationship with TfL Internal Audit –– Extended the Trusteeship of the Chairman and key circumstances. Other than the Managing and external auditors. This includes Trustees to maintain continuity Director, who is an employee of LTM, detailed review of the Annual Accounts the Trustees receive no remuneration and supporting information, and –– Engaged with TfL over the Museum’s core grant but may claim travel expenses for consideration of Internal Audit Reports. –– Created an ambitious commercial income growth attending meetings. At 31 March 2014, plan for LTMTL there were twelve Trustees. –– Engaged with TfL’s HR staff –– Increased staff communications through a staff forum

70 Structure, governance and management Structure, governance and management 71 Yearbook 2013 |2014 Yearbook 2013 |2014

2014.016_Dir Yearbook2013-2014_16.09.14_MASTER_p70-100.indd 70-71 06/10/2014 14:49 RELATIONSHIP WITH TFL of transport in London through the Our visitors come from across London Where the Museum delivers private A series of written agreements exists provision, operation and maintenance and the world. We take our historic benefits to individuals or companies, between TfL and LTM which sets out the of a transport museum for the public vehicles out onto the roads and rails, these are subject to appropriate framework for the continued provision benefit. LTM also seeks to educate the visit schools and work with local commercial arrangements undertaken and maintenance of the Museum, the public about the role of transport in the communities across the Capital. We through a subsidiary company to operation and funding of LTM, and the life and work of London past, present also loan objects to other institutions generate funds for the Museum. No LTM long-term relationship of the parties. and future. The Museum provides clear to extend our reach and increase access or TfL staff receive private benefit other We currently care for a collection of and identifiable benefits to the public to our collections. Our comprehensive, than in an incidental way and, with the over 450,000 objects which remain the in three categories of activity: access free, online resources include access to exception of Sam Mullins who receives property of TfL and subject to a loan and museum operations, education information about exhibits in our main a salary in respect of his position as the agreement between the Museum and TfL. and engagement, and heritage and gallery as well as thousands of objects Museum’s Managing Director, the Board collections. Details of our achievements not normally on public display. receive no payments for their role as EMPLOYMENT POLICIES can be found elsewhere in this report. Trustees of the Museum. At the end of March 2014, the Museum Although the Museum charges employed 94 people. LTM does no harm or detriment through admission for entry to the galleries DISCLOSURE OF INFORMATION its charitable activities. The health and at Covent Garden, various measures TO AUDITORS The Museum is part of the TfL Framework safety of staff and visitors are taken are taken to ensure that charges do The Trustees who held office at the for Consultation and Collective Bargaining. very seriously and the Museum operates not unduly restrict access to the date of approval of this Trustees’ Pay negotiations are conducted between safety management systems to reduce collection. These include free entry Report confirm that, so far as they are the TfL Company Council for Collective and manage risks. We seek to reduce our to the Museum for children and for each aware, there is no relevant audit Bargaining and the recognised trades impact on the environment by reusing carers accompanying disabled visitors. information of which the Museum’s unions which are the National Union of materials purchased for temporary The qualifying age for free children’s auditors are unaware; and each Trustee Rail, Maritime and Transport Workers exhibitions where possible. LTM also admissions was raised this year and now has taken all the steps that they ought (RMT) and the Transport Salaried Staff uses photovoltaic solar panels on the applies to anyone aged 17 or under. to have taken as a Trustee to make Association (TSSA). Museum roof to generate around 2% of Reduced admission charges apply to themselves aware of any relevant the annual electricity required by LTM. senior citizens, students and those information and to establish that CHARITABLE OBJECTIVES in receipt of state benefit assistance. the Museum’s auditors are aware of AND PUBLIC BENEFIT (2) Public aspect: That the Museum During National Apprenticeship Week that information. When reviewing the Museum’s aims, delivers benefits to the public in general, in March 2014, free entry was offered objectives and achievements, and in and that these benefits are not unduly to those in possession of a valid planning future activities, the Trustees of restricted and do not give rise to more Apprentice Oystercard. Most Museum LTM have had due regard to the public than incidental personal benefit. admission tickets are valid for one year benefit guidance published by the Charity to encourage return visits and increase Commission. We believe that LTM LTM delivers benefits to visitors at the value for money for visitors. Many of upholds the principles of public benefit Museum in Covent Garden and the the Museum’s outreach programmes against the two key aspects established Depot in Acton, to users of our website, are free for participants. The Safety by the Charity Commission: and to schoolchildren and audiences and Citizenship programme engages across Greater London who take part with over 100,000 pupils each year and (1) Benefit aspect: That the Museum has in our educational, community and is delivered at no cost to the schools beneficial purposes and that any detriment engagement activities. Our audience taking part. or harm that results from those purposes development and community outreach does not outweigh the benefit. work engages with people who would not normally visit museums and LTM’s purposes as a charity are to advance galleries. The Museum at Covent Garden the heritage of transport in London and is fully accessible and welcomes visitors to educate the public about the history on all but two days of the year.

72 Structure, governance and management Structure, governance and management 73 Yearbook 2013 |2014 Yearbook 2013 |2014

2014.016_Dir Yearbook2013-2014_16.09.14_MASTER_p70-100.indd 72-73 06/10/2014 14:49 RESERVES This Capital Fund is adjusted to include Financial review The reserves policy is reviewed annually, the value of asset purchases and taking into account the Museum’s plans, disposals, and is written down annually funding and general financial position. by the value of the depreciation on the The success of the Tube 150 celebrations in 2013 raised the The Trustees maintain reserves for three Museum’s fixed assets. A transfer was main reasons: made from the unrestricted reserves in profile of the Museum and had a notable effect upon the financial respect of the capital work undertaken results for 2013/14, helping us to increase our visitor income (i) to provide funds for major repairs, this year that was partly funded by asset renewals and other future sponsorship. A transfer from the and secure valuable sponsorship deals. Overall, we generated capital expenditure associated with Museum Development Fund was also an operating surplus of £1.1m (2013: £1.1m), with funds carried the Museum’s premises, facilities and made to ensure that the Capital Fund exhibitions represents the net book value of the forward of £30.6m (2013: £29.6m). (ii) to provide funds for collections Museum’s tangible fixed assets. acquisition, conservation and restoration The Collections Development Fund The truly global interest around the Tube 2013/14 saw the third year of a phased, (iii) to underwrite the planning of major was established in 2012/13 following 150 anniversary year helped attract high four-year reduction in revenue grant exhibitions and related activities in the auction of 400 surplus posters. numbers of visitors to LTM throughout from TfL, but additional support was advance of seeking external funding, The Museums Accreditation Scheme 2013. This in turn increased admissions received in relation to unforeseen, back- and to cover the cost of such requires that the disposal of any income this year by £0.5m. High footfall dated payroll costs that TfL offered to activities should external funding not collection object creates an obligation at Covent Garden also helped to boost cover on the Museum’s behalf. Other become available. to spend the income in a way which retail sales, which increased by £0.6m. notable income lines include the Safety benefits the collection. Accordingly, Three quarters of the value of the year- and Citizenship (S&C) programme, which The Museum Development Fund is the Collections Development Fund long Tube 150 commercial sponsorships raised £1.1m from its key funders; the set aside to provide for repairs and can only be used for acquisitions and fell into the current financial year and £0.3m for the Battlebus restoration renewals and stood at £1.5m at the end conservation. There was no call on this this contributed significantly to the programme co-funded by the LTM of 2012/13. The target range for reserves fund in 2013/14 but £0.3k of interest outstanding 61% uplift in profit of the Friends and the Heritage Lottery for this purpose is between £1m and received was added to the fund. Museum’s trading subsidiary. Given Fund; and Arts Council England who £2m, based on the Museum’s estimated the exceptional nature of the 150th contributed £0.5m to support a range of capital expenditure needs. The net No further designations took place in anniversary, this level of sponsorship Museum projects. movement of the fund in 2013/14 was the year, leaving general funds at £1.4m. is unlikely to be achieved again in the an increase of £0.5m, which was the General reserves are not restricted to, or near future. Overall, expenditure rose by 7%, net of £0.6m used to fund work to designated for, a particular purpose. although costs associated with the Museum’s galleries, buildings and generating funds rose more sharply systems, and a designation of a further INVESTMENT POLICY in line with increased trading activity. £1.1m of unrestricted reserves. The Fund It is the policy of the Museum to £0.6m of capital investment this year now stands at £2m. invest surplus funds in short-term saw a major extension of the Futures cash deposits within the UK. Gallery (£0.3m) and work to the Museum There were no calls on the Future Investigations have begun into ways and Depot buildings (£0.2m). Other Exhibitions and Education Fund in in which the Collections Development capital expenditure included upgrades 2013/14, as the Museum’s learning Fund can be invested in order to to the Museum’s ticketing system and a and exhibition programmes secured generate a return for the future benefit new vehicle for use by the S&C team. the necessary funds to undertake of the Museum collection. planned activities.

The majority of the Museum’s fixed assets transferred to LTM from TfL on 1 April 2008. At this time, reserves equivalent to the balance sheet value of the assets were set aside in a designated fund as they do not represent funds readily available for other purposes.

74 Financial review Financial review 75 Yearbook 2013 |2014 Yearbook 2013 |2014

2014.016_Dir Yearbook2013-2014_16.09.14_MASTER_p70-100.indd 74-75 06/10/2014 14:49 Trustees’ Trustees and statement advisors

Statement of responsibilities of the Trustees of London Transport Museum Limited in respect of the Strategic Report, the Trustees’ Annual Report and the financial statements. DIRECTORS AND TRUSTEES NOMINATIONS COMMITTEE The Directors of the charitable company Sir David Bell (Chair) prepare the financial statements The Trustees are responsible for .. are its Trustees for the purpose of Vernon Everitt on the going concern basis unless preparing the Strategic Report, the charity law and throughout this report Angela McConville it is inappropriate to presume that Trustees’ Annual Report and the are collectively referred to as the the group and the charitable company will financial statements in accordance with Trustees. COMPANY SECRETARY continue its activities. applicable law and regulations. Howard Carter The Trustees are responsible for keeping BOARD OF TRUSTEES Company law requires the Trustees adequate accounting records that are sufficient Robert Ian Arthurton DIRECTORS OF LONDON to prepare financial statements for to show and explain the charitable company’s (to 27 June 2013) TRANSPORT MUSEUM (TRADING) each financial year. Under that law transactions and disclose with reasonable Sir David Bell (Chair) LIMITED they are required to prepare the accuracy at any time the financial position of Linda Chandler Roger Cooke group and parent company financial the charitable company and enable them to (from 12 November 2013) (from 11 December 2013) statements in accordance with UK ensure that its financial statements comply Howard Collins* Chris Gilbert Accounting Standards and applicable with the Companies Act 2006. They have (to 31 May 2013) Sam Mullins law (UK Generally Accepted Accounting general responsibility for taking such steps as Roger Cooke Randeep Sidhu Practice). are reasonably open to them to safeguard the Vernon Everitt* Michael Walton assets of the group and to prevent and detect (from 1 June 2013) Peter Williams Under company law the Trustees must fraud and other irregularities. Jeremy Fraser Claire Williamson not approve the financial statements Sir Peter Hendy* David Worthington (Chair) unless they are satisfied that they give a The Trustees are responsible for the Keith Ludeman true and fair view of the state of affairs maintenance and integrity of the corporate and (from 26 March 2014) PRINCIPAL BANKERS of the group and charitable company and financial information included on the charitable Angela McConville HSBC of the group’s excess of income over company’s website. Legislation in the UK (from 11 December 2013) 8 Victoria Street expenditure for that period. In preparing governing the preparation and dissemination of Terry Morgan* London SW1H 0NJ each of the group and charitable financial statements may differ from legislation Sam Mullins (Managing Director) company financial statements, the in other jurisdictions. Phil Swallow AUDITORS Trustees are required to: Janet Vitmayer KPMG LLP ..select suitable accounting policies This report was approved by the Board of (to 24 March 2014) 1 Forest Gate and then apply them consistently; Trustees on 15 August 2014 and signed on its David Worthington Brighton Road ..make judgements and estimates behalf by: Crawley RH11 9PT that are reasonable and prudent; * Nominee of Transport for London ..state whether applicable UK PRINCIPAL LEGAL ADVISORS Accounting Standards have been AUDIT COMMITTEE TfL In-House Legal Department followed, subject to any material Sam Mullins, Managing Director Sir David Bell 6th Floor Windsor House departures disclosed London Transport Museum Limited Roger Cooke (Chair) 42–50 Victoria Street and explained in the financial Company registration number 6495761 Keith Ludeman London SW1H 0TL statements; and Charity number 1123122 Phil Swallow

76 Financial review Financial review 77 Yearbook 2013 |2014 Yearbook 2013 |2014

2014.016_Dir Yearbook2013-2014_16.09.14_MASTER_p70-100.indd 76-77 06/10/2014 14:49 Independent auditor’s report

Independent auditor’s report to the shareholder of London Transport Museum Limited

We have audited the financial Our responsibility is to audit, and MATTERS ON WHICH WE statements of London Transport express an opinion on, the financial ARE REQUIRED TO REPORT Museum Limited for the year ended 31 statements in accordance with BY EXCEPTION March 2014 set out on pages 80 to 97. applicable law and International We have nothing to report in respect The financial reporting framework that Standards on Auditing (UK and Ireland). of the following matters where the has been applied in their preparation Those standards require us to comply Companies Act 2006 requires us to is applicable law and UK Accounting with the Auditing Practices Board’s report to you if, in our opinion: Standards (UK Generally Accepted Ethical Standards for Auditors. ..the charitable company has not kept Accounting Practice). adequate accounting records or SCOPE OF THE AUDIT OF THE returns adequate for our audit have This report is made solely to the FINANCIAL STATEMENTS not been received from branches not charitable company’s shareholder in A description of the scope of an audit of visited by us; or accordance with Chapter 3 of Part 16 financial statements is provided on the ..the charitable company financial of the Companies Act 2006. Our audit Financial Reporting Council’s website at statements are not in agreement work has been undertaken so that we www.frc.org.uk/auditscopeukprivate. with the accounting records and might state to the charitable company’s returns; or shareholder those matters we are OPINION ON FINANCIAL ..certain disclosures of Trustees’ required to state to the shareholder STATEMENTS remuneration specified by law are in an auditor’s report and for no other In our opinion the financial statements: not made; or purpose. To the fullest extent permitted ..give a true and fair view of the state ..we have not received all the by law, we do not accept or assume of the group’s and the charitable information and explanations we responsibility to anyone other than the company’s affairs as at 31 March require for our audit. charitable company and its shareholder 2014 and of the group’s incoming for our audit work, for this report, or resources and application of Nicola May (Senior Statutory Auditor) for the opinions we have formed. resources, including its income and for and on behalf of KPMG LLP, expenditure, for the year then ended; Statutory Auditor RESPECTIVE RESPONSIBILITIES ..have been properly prepared in OF TRUSTEES AND AUDITOR accordance with UK Generally As explained more fully in the statement Accepted Accounting Practice; and of Trustees’ responsibilities set out on ..have been prepared in accordance page 76, the Trustees (who are also the with the Companies Act 2006. Chartered Accountants directors of the charitable company 1 Forest Gate for the purposes of company law) are OPINION ON OTHER MATTER Brighton Road responsible for the preparation of the PRESCRIBED BY THE COMPANIES Crawley RH11 9PT financial statements and for being ACT 2006 20 August 2014 satisfied that they give a true and In our opinion the information in the fair view. Strategic Report and the Trustees’ Annual Report for the financial year for which the financial statements are prepared is consistent with the financial statements.

78 Independent auditor’s report Independent auditor’s report 79 Yearbook 2013 |2014 Yearbook 2013 |2014

2014.016_Dir Yearbook2013-2014_16.09.14_MASTER_p70-100.indd 78-79 06/10/2014 14:49 Financial Statements Consolidated statement of financial activities Balance sheets

Including income and expenditure account – Year ended 31 March 2014 As at 31 March 2014

Unrestricted Restricted Total Total 2014 2013 2014 2013 Funds Funds Funds Funds Group Group Museum Museum 2014 2014 2014 2013 Note £000 £000 £000 £000 INCOMING RESOURCES Note £000 £000 £000 £000 Incoming resources from generated funds Tangible Fixed Assets 10 25,911 26,534 25,911 26,534 Voluntary income Current Assets Stock 843 941 - - Core grants 5,613 - 5,613 5,787 Debtors 11 724 1,750 1,948 2,850 Other donations 259 - 259 290 Cash 12 5,611 3,680 4,456 2,083 2 5,872 - 5,872 6,077 7,178 6,371 6,404 4,933 Activities for generating funds 3 4,738 126 4,864 4,543 Creditors Investment income (bank interest) 8 3 11 16 Falling due within one year 13a (2,387) (2,990) (1,673) (1,716) Net Current Assets 4,791 3,381 4,731 3,217 Incoming resources from charitable activities Education and engagement 1,499 347 1,846 1,853 Total assets less current liabilities 30,702 29,915 30,642 29,751 Access and museum operations 2,300 27 2,327 1,589 Creditors Heritage and collections 66 506 572 583 Falling due after more than one year 13b (60) (164) - - 14 (171) (171) 4 3,865 880 4,745 4,025 Provisions for liabilities - - Total incoming resources 14,483 1,009 15,492 14,661 Net Assets 30,642 29,580 30,642 29,580

RESOURCES EXPENDED Represented by Costs of generating funds Restricted funds 15 847 842 847 842 Costs of generating voluntary income and other funds 741 50 791 769 Called up share capital 17 - - - - Commercial trading operations 3,041 135 3,176 2,538 Unrestricted Funds 5 3,782 185 3,967 3,307 Designated funds Cost of charitable activities Capital fund 25,911 26,534 25,911 26,534 Education and engagement 3,773 492 4,265 4,019 Future exhibitions and education 500 500 500 500 Museum development 2,000 1,500 2,000 1,500 Access and museum operations 4,106 27 4,133 3,988 General unrestricted fund 1,384 204 1,384 204 Heritage and collections 1,651 359 2,010 2,186 15 29,795 28,738 29,795 28,738 5 9,530 878 10,408 10,193 Total 30,642 29,580 30,642 29,580 Governance costs 5, 6 55 - 55 44 Total resources expended 5 13,367 1,063 14,430 13,544 These financial statements were approved by the Trustees on 15 August 2014 and signed on their Net incoming/ (outgoing) resources before transfers 9 1,116 (54) 1,062 1,117 behalf by: Gross transfers between funds 15 (59) 59 - - Net movement of funds in year 1,057 5 1,062 1,117 Reconciliation of funds Total funds brought forward 28,738 842 29,580 28,463 Sam Mullins, Managing Director Total funds carried forward 15 29,795 847 30,642 29,580 London Transport Museum, Company registration number 6495761 The statement of financial activities includes all gains and losses recognised in the year. All incoming resources and resources expended derive from continuing activities. The notes on pages 82 to 97 form part of these accounts.

80 Financial statements Financial statements 81 Yearbook 2013 |2014 Yearbook 2013 |2014

2014.016_Dir Yearbook2013-2014_16.09.14_MASTER_p70-100.indd 80-81 06/10/2014 14:49 Notes to the financial statements

1. Accounting Policies

a) Basis of preparation d) Volunteers The financial statements have been prepared under the historic cost convention and in The value of services provided by volunteers is not incorporated into these financial accordance with the Statement of Recommended Practice: ‘Accounting and Reporting statements. Further details of the contribution made by volunteers can be found in the by Charities’ (SORP 2005) as well as the applicable UK Accounting Standards and the body of the Trustees’ Annual Report. Companies Act 2006. The principal accounting policies adopted in the preparation of the financial statements are set out below. The Trustees have a reasonable expectation that e) Resources expended the charitable company has adequate resources to continue in operational existence for All outgoing resources are included in the Statement of Financial Activities inclusive of any the foreseeable future. Accordingly, the Trustees continue to adopt the going concern irrecoverable VAT. Expenditure is recognised when a liability is incurred and is classified basis in preparing the annual report and accounts. under the following principal categories:

b) Group financial statements u Costs of generating funds are those costs incurred in attracting voluntary income, These financial statements consolidate the results of the charity and its wholly owned and those incurred in trading activities that raise funds. subsidiary London Transport Museum (Trading) Limited on a line by line basis. Neither u Charitable activities include expenditure associated with the operation of the a separate statement of financial activities nor an income and expenditure account are Museum and its educational and public programmes, and the management and presented for the charity itself following the exemptions afforded by section 408 of the development of the Museum’s collections and exhibitions. Companies Act 2006 and paragraph 397 of the SORP. u Governance costs are those incurred in the governance of the Museum and its assets and are primarily associated with constitutional and statutory requirements. c) Incoming resources Incoming resources are included in the Statement of Financial Activities when the Museum Where costs relate directly to an activity they have been allocated against that activity. has entitlement, certainty of receipt and the amount can be measured with sufficient Support costs that relate to more than one activity have been allocated to activity cost reliability. Voluntary income includes donations, gifts, and grants that provide core funding categories on the basis of staff numbers in each area of activity (see Note 5b). or are of a general nature. These are recognised upon receipt. Such income would only be deferred when: f) Operating leases Costs relating to operating leases are charged to the Statement of Financial Activities on a u The donor specifies that the grant or donation must only be used in future straight line basis over the life of the lease. accounting periods; or u The donor has imposed conditions which must be met before the Museum g) Tangible fixed assets has unconditional entitlement. Individual fixed assets over £10,000 are capitalised at cost.

Income from corporate supporter memberships, commercial trading and sponsorship Tangible fixed assets are depreciated on a straight line basis over their estimated useful activities where benefits are delivered by the Museum is recognised as the related goods lives as follows: and services are provided. Plant and equipment 3 – 10 years Buildings and refurbishments 10 – 35 years Investment income is recognised on a receivable basis. Structural improvements to the fabric of the Museum at Covent Garden are depreciated Income from charitable activities includes income received under contract or where over the remaining life of the lease for the building (30 years). Other building work is entitlement to grant funding is subject to specific performance conditions which is capitalised where it is considered that future economic benefits in excess of the originally recognised as the related goods or services are provided. assessed standard of performance will flow as a result of that work.

Goods, facilities and services donated for the Museum’s use, where the benefit is h) Stock quantifiable and the goods and services would otherwise have had to be purchased, are Stock is valued at the lower of cost or net realisable value. recognised in the financial statements, as both income and expenditure, at a reasonable estimate of their value to the charity in the period in which they are donated.

82 Financial statements Financial statements 83 Yearbook 2013 |2014 Yearbook 2013 |2014

2014.016_Dir Yearbook2013-2014_16.09.14_MASTER_p70-100.indd 82-83 06/10/2014 14:49 Notes to the financial statements continued

i) Heritage assets 2. Voluntary Income Heritage assets are those assets of historical, artistic or scientific importance that are held to advance the preservation, conservation and educational objects of the Museum. The 2014 2014 2014 2013 Museum collections consist of over 450,000 items and are on loan from TfL. Assets on Unrestricted Restricted Total Total loan are not capitalised within these financial statements although expenditure relating to £000 £000 £000 £000

their use and maintenance is included in the Statement of Financial Activities. Core grant from TfL 5,613 - 5,613 5,787 Donated services j) Funds structure Clear Channel - - - 28 Restricted funds are funds to be used for particular purposes laid down by the donors Seconded staff 26 - 26 25 or which have been raised for a specific purpose. Donations Donations, grants & Gift Aid 233 - 233 237 Total 5,872 - 5,872 6,077 Unrestricted funds are funds available for use at the discretion of the Trustees in furtherance of the Museum’s charitable objectives. 3. Activities for generating funds Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular purposes. 2014 2014 2014 2013 Unrestricted Restricted Total Total The purposes and uses of the funds held in each of these categories are given in Note 15. £000 £000 £000 £000

2,642 - 2,084 k) Pensions Retail sales 2,642 Other trading activities The Museum operates a pension scheme providing benefits based on final pensionable Corporate hire 510 - 510 472 pay. The assets of the scheme are held separately from those of the Museum. The charity Catering income 25 - 25 28 is unable to identify its share of the underlying assets and liabilities of the scheme on Commercial sponsorships 689 - 689 271 a consistent and reasonable basis and therefore, as permitted by the multi-employer Other activities to generate funds exemption in FRS 17 ‘Retirement Benefits’, it is accounted for as if it were a defined Fundraising events and sponsorships 766 - 766 663 contribution scheme. As a result, the amount charged to the Statement of Financial Other miscellaneous income 106 126 232 1,025 Total 4,738 126 4,864 4,543 Activities represents the contributions payable to the scheme in respect of the accounting period. The disclosures required under FRS 17 are given in Note 18. Other miscellaneous income in 2013 included £818,000 from the one-off sale of surplus posters.

l) Related party transactions 4. Incoming resources from charitable activities Except in so far as disclosed in Note 19, the Museum has taken advantage of the exemption set out in FRS 8 not to disclose any transactions with other TfL Group undertakings. (a) Analysis by source of incoming resources 2014 2014 2014 2013 m) Taxation Unrestricted Restricted Total Total The Museum is considered to pass the tests set out in Paragraph 1 Schedule 6 Finance Act Group and Museum £000 £000 £000 £000 2010 and therefore it meets the definition of a charitable company for UK corporation tax Museum admissions 2,108 - 2,108 1,561 purposes. Accordingly, the charity is potentially exempt from taxation in respect of income Safety and Citizenship income 1,097 - 1,097 1,100 or capital gains received within categories covered by Chapter 3 Part 11 Corporation Tax Act Arts Council England 97 419 516 392 BattleBus project - 306 306 14 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such Heritage Lottery Fund - 81 81 391 income or gains are applied exclusively to charitable purposes. Grants for youth engagement activity 232 - 232 - Grants for skills and employability activities 46 - 46 65 n) Cash flow Grants for exhibitions 11 - 11 79 The company has taken advantage of the exemption from preparing a cash flow statement Luke Rees-Pulley Charitable Trust grants - 25 25 60 under the terms of FRS1 ‘Cash Flow Statements’ (revised 1996) as the company’s results Other miscellaneous charitable income 274 49 323 363 Total 3,865 880 4,745 4,025 are included in the audited consolidated financial statements of Transport Trading Limited for the year ended 31 March 2014 (intermediate parent entity and the smallest group to consolidate these financial statements).

84 Financial statements Financial statements 85 Yearbook 2013 |2014 Yearbook 2013 |2014

2014.016_Dir Yearbook2013-2014_16.09.14_MASTER_p70-100.indd 84-85 06/10/2014 14:49 Notes to the financial statements continued

4. Incoming resources from charitable activities continued (b). Shared support cost allocation (b) Analysis by type of charitable activity 2014 2014 2014 2014 2014 2014 2014 2014 2014 2013 Education Access and Heritage Activities to Total Education Access and Heritage Total Total and museum and generate and museum and engagement operations collections funds engagement operations collections £000 £000 £000 £000 £000 Group and Museum £000 £000 £000 £000 £000 Premises and facilities 1,538 1,538 688 284 4,048 Finance and management 451 451 202 83 1,187 Museum admissions - 2,108 - 2,108 1,561 Marketing 105 105 47 18 275 Safety and Citizenship income 1,097 - - 1,097 1,100 Systems 78 78 35 14 205 Arts Council England 319 124 73 516 392 Design and presentation 112 112 50 22 296 BattleBus project - - 306 306 14 Other activities 35 35 15 6 91 Heritage Lottery Fund - - 81 81 391 Total cost 2014 2,319 2,319 1,037 427 6,102 Grants for youth engagement activity 232 - - 232 - Total cost 2013 2,161 2,500 1,176 342 6,179 Grants for skills and employability activities 46 - - 46 65 Grants for exhibitions - - 11 11 79 Luke Rees-Pulley Charitable Trust grants 25 - - 25 60 Other miscellaneous charitable income 127 95 101 323 363 6. Governance costs Total 1,846 2,327 572 4,745 4,025 2014 2013 2014 2013 Group Group Museum Museum £000 £000 £000 £000 5. Resources expended External audit 38 31 30 27 (a) Direct and apportioned costs Consultancy 6 6 6 6 2014 2014 2014 2013 Other 11 7 11 7 Direct costs Apportioned Total Total Total 55 44 47 40 support costs £000 £000 £000 £000 Costs of generating funds Cost of goods sold 1,175 - 1,175 858 Other trading subsidiary costs 2,001 - 2,001 1,680 Costs of other activities to generate funds 364 427 791 769 Charitable activities Education and engagement 1,946 2,319 4,265 4,019 Access and museum operations 1,814 2,319 4,133 3,988 Heritage and collections 973 1,037 2,010 2,186 Governance 55 - 55 44 Total 8,328 6,102 14,430 13,544

The costs of other activities to generate funds include the costs of generating voluntary income and core funding.

86 Financial statements Financial statements 87 Yearbook 2013 |2014 Yearbook 2013 |2014

2014.016_Dir Yearbook2013-2014_16.09.14_MASTER_p70-100.indd 86-87 06/10/2014 14:49 Notes to the financial statements continued

7. Trading subsidiary

The Museum has a single subsidiary company, London Transport Museum (Trading) Limited The Managing Director is the only paid director and received emoluments from the (LTMTL), having an issued share capital of £1, wholly owned by London Transport Museum, including salary, fees, benefits in kind and other emoluments totalling £94,977 Museum Limited. (2013: £88,330). In addition, the Museum made contributions totalling £25,478 (2013: £29,191) to the TfL Pension Fund, a defined benefit scheme, on behalf of the Managing LTMTL undertakes retail operations, venue hire, commercial sponsorships and the Museum Director for the year. corporate membership scheme. The number of employees whose emoluments amounted to over £60,000 in the year is LTMTL PROFIT AND LOSS ACCOUNT 2014 2013 given below. The increase in the number of employees was due to the effect of collectively £000 £000 Turnover 4,332 3,237 bargained wage settlements on the salaries of existing staff. Cost of operations (3,093) (2,467) Group Group Operating profit 1,239 770 2014 2013 No. No. Gift Aid payable to London Transport Museum (1,239) (770) £60,000 - £70,000 3 1 Profit/(loss) before taxation - - £70,001 - £80,000 2 2 Taxation - - £80,001 - £90,000 - 1 Result for the year - - £90,001 - £100,000 1 - Contributions to the defined benefit pension scheme were made in respect of the six 2014 2013 LTMTL BALANCE SHEET higher paid employees and amounted to £119,139 (2013: four employees, £86,705). £000 £000 Current assets Stock 843 941 (b) Other than the Managing Director, none of the Trustees received any remuneration Debtors 210 625 for their services. No reimbursements of Trustees’ expenses were made in the year Cash 1,155 1,597 (2013: £230). 2,208 3,163 (c) The average number of persons (full-time equivalents) employed during the year was: Creditors Falling due within one year (including Gift Aid to LTM) (2,148) (2,999) Group Group Net current assets 60 164 2014 2013 FTE FTE Creditors Education and engagement 21.3 21.2 Falling due after one year (60) (164) Access and museum operations 21.7 23.4 Net assets - - Heritage and collections 9.5 11.0 Activities to generate funds 18.3 18.0 Support functions 8. Staff costs and staff numbers Premises & facilities 6.5 7.0 Finance & management 8.7 7.0 Marketing 1.0 1.0 (a) Total remuneration Systems 2.0 2.0 2014 2013 Design & presentation 1.5 2.0 £000 £000 Total 90.5 92.6 Group and Museum Seconded staff 0.6 0.6 Wages and salaries 3,574 3,509 Social security costs 290 252 Pension costs 758 696 Total 4,622 4,457 (d) As at 31 March 2014, Museum staff had earned entitlement to annual leave not yet The wages and salaries figure includes £26,000 (2013: £25,000) of costs relating to staff seconded to the taken equivalent to an estimated total value of £97,000. Under SORP 2005 the Museum is Museum from TfL. not required to recognise this liability and accordingly it is not included in the Statement of Financial Activities.

88 Financial statements Financial statements 89 Yearbook 2013 |2014 Yearbook 2013 |2014

2014.016_Dir Yearbook2013-2014_16.09.14_MASTER_p70-100.indd 88-89 06/10/2014 14:49 Notes to the financial statements continued

9. Net Income 11. Debtors

This is stated after charging: 2014 2013 2014 2013 2014 2013 Group Group Museum Museum £000 £000 £000 £000 £000 £000

Depreciation 1,259 1,299 Trade debtors 182 500 3 - Auditor’s remuneration Sundry debtors 1 99 1 73 Audit - company 24 27 TfL Group debtors 1 616 - 592 Audit - subsidiary company 6 4 Prepayments and accrued income 540 535 510 497 Audit - 2012/13 over-run fees 8 - Taxation - - 30 - Operating lease rentals - Buildings 978 979 Amounts owed by subsidiary undertakings - - 1,404 1,688 Operating lease rentals - Office equipment 38 38 Total 724 1,750 1,948 2,850 Operating lease rentals - Plant - 3

12. Cash 10. Tangible fixed assets 2014 2013 2014 2013 Property and Plant and Total Group Group Museum Museum buildings equipment £000 £000 £000 £000 £000 £000 £000 Group and Museum Cost Held in current accounts and in hand 2,711 779 1,993 685 At 1 April 2013 32,127 798 32,925 Held in short-term deposit accounts 2,900 2,901 2,463 1,398 Additions 448 188 636 Total 5,611 3,680 4,456 2,083 At 31 March 2014 32,575 986 33,561

Accumulated depreciation At 1 April 2013 5,868 523 6,391 Charge for the year 1,197 62 1,259 At 31 March 2014 7,065 585 7,650

Net book value at 31 March 2014 25,510 401 25,911 Net book value at 31 March 2013 26,259 275 26,534

90 Financial statements Financial statements 91 Yearbook 2013 |2014 Yearbook 2013 |2014

2014.016_Dir Yearbook2013-2014_16.09.14_MASTER_p70-100.indd 90-91 06/10/2014 14:49 Notes to the financial statements continued

13. Creditors 15. Statement of group funds

(a) Creditors: amounts falling due within one year (a) The movements on funds are as follows: 2014 2013 2014 2013 Group Group Museum Museum Group and Museum 1 April Income Expenditure Transfers 31 March 2013 2014 £000 £000 £000 £000 £000’s £000 £000 £000 £000 Trade creditors 414 196 241 147 Unrestricted Funds TfL Group creditors - 613 - 567 Designated Funds Taxation 9 84 - 7 Capital Fund 26,534 - (1,260) 637 25,911 Accruals and deferred income 1,964 2,097 1,432 995 Future exhibitions and education 500 - - - 500 Total 2,387 2,990 1,673 1,716 Museum development 1,500 - - 500 2,000 Total Designated Funds 28,534 - (1,260) 1,137 28,411 (b) Creditors: amounts falling due after more than one year General funds 204 14,483 (12,107) (1,196) 1,384 2014 2013 2014 2013 Total Unrestricted Funds 28,738 14,483 (13,367) (59) 29,795 Group Group Museum Museum £000 £000 £000 £000 Restricted Funds Luke Rees-Pulley Charitable Trust 115 25 (76) - 64 Accruals 60 164 - - Met 353 Carriage 92 81 (129) - 44 Total 60 164 - - Tube 150 Legacy (170) 46 (9) - (133) Arts Council England - 545 (604) 59 - Battlebus (5) 306 (236) - 65 14. Provisions Collections Development 803 3 - - 806 Others 7 3 (9) - 1 2014 2013 2014 2013 Total Restricted Funds 842 1,009 (1,063) 59 847 Group Group Museum Museum Total Funds 29,580 15,492 (14,430) - 30,642 £000 £000 £000 £000 Costs of restructuring Designated funds Brought forward 171 - 171 - Charge for year - 171 - 171 The Capital Fund represents the net book value of the Museum’s tangible fixed assets. Utilised (171) - (171) - Carried forward - 171 - 171 Improvements to the Museum’s galleries (£0.3m), Systems (£0.1m) and premises (£0.2m) were met by a transfer of £0.6m from the Museum Development Fund. This amount was offset by an equivalent transfer of £0.6m from general funds into the Museum Development Fund.

A further transfer of £0.5m was made from general funds into the Museum Development Fund to increase the fund to the top of the target range at £2m.

92 Financial statements Financial statements 93 Yearbook 2013 |2014 Yearbook 2013 |2014

2014.016_Dir Yearbook2013-2014_16.09.14_MASTER_p70-100.indd 92-93 06/10/2014 14:49 Notes to the financial statements continued

15. Statement of group funds continued 18. Pensions

Restricted funds Background The Luke Rees-Pulley Charitable Trust supports the Museum’s family resource packs and The Museum offers retirement plans to its employees. The majority of the Museum’s staff provides funding for a learning officer. are members of the Public Sector Section of the TfL Pension Fund, which is a final salary scheme established under trust. Benefits are based on employees’ length of service and The Collections Development Fund was established in 2012/13 following the auction of final pensionable pay. The Fund’s Trustee is the TfL Trustee Company Limited, a wholly 400 surplus posters. The Fund can only be used for acquisitions and conservation. There owned subsidiary of Transport for London. Under the rules of the Fund, its 18 trustee was no call on this fund in 2013/14. directors are nominated in equal numbers by Transport for London and on behalf of the Fund’s membership. The Tube 150 Legacy Fund is a long-term fund that has a negative fund balance at the year end. The costs of the restoration of the Met No.1 steam locomotive were charged to this Every three years, the TfL Pension Fund’s Actuary makes valuations and recommends fund in 2012/13, and future costs of upkeep and operation will also be charged to the fund. the level of contributions to be made by the participating employers to ensure long-term Revenues from the hiring and operation of the train are expected to generate additional solvency of the Fund. The latest formal funding valuation of the Fund was carried out as at income in future. 31 March 2012 by the Actuary, a partner of consulting actuaries Towers Watson, using the projected unit method, and reported a funding deficit for the Public Sector Section of £699 (b) Analysis of group net assets between funds million. Unrestricted funds Restricted Total £000 funds A revised Schedule of Contributions was agreed between the Trustee and the employers £000 £000 Fund balances as at 31 March 2014 represented by following the 2012 valuation of the TfL Pension Fund. For the Public Sector Section, Fixed assets 25,911 - 25,911 employer’s contributions for the period from 1 April 2012 until 31 May 2021 will continue Current assets 7,415 1,002 8,417 to be 31.0%, with additional lump sum payments due in 2018 and 2019. Current liabilities (3,471) (155) (3,626) Long-term liabilities (60) - (60) Accounting Total net assets 29,795 847 30,642 The Museum’s ultimate parent, Transport for London, and the Museum’s fellow subsidiaries Total net assets at 31 March 2013 28,738 842 29,580 participate in the Public Sector Section of the TfL Pension Fund. Because the Museum is unable to identify its share of the underlying assets and liabilities on a consistent 16. Operating leases and reasonable basis, as permitted by FRS 17 ‘Retirement Benefits’, the Museum treats contributions to the Public Sector Section as if they were contributions to a defined At 31 March 2014 the Museum has annual commitments as follows: contribution plan. The Museum’s contributions to the Fund of £796,755 (2012/13: £696,079) have been charged to the income and expenditure account. Expiry date 2014 2013 2014 2013 Land and Land and Other Other Buildings Buildings £000 £000 £000 £000 Between 1 and 2 Years - - - 3 Between 2 and 5 Years - - 38 38 Over 5 Years 978 978 - -

17. Called up share capital

2014 2013 £ £ Authorised 1 ordinary share of £1 1 1 Alloted, issued and fully paid up 1 ordinary share of £1 1 1

94 Financial statements Financial statements 95 Yearbook 2013 |2014 Yearbook 2013 |2014

2014.016_Dir Yearbook2013-2014_16.09.14_MASTER_p70-100.indd 94-95 06/10/2014 14:49 Notes to the financial statements continued

19. Related and connected party transactions As at 31 March 2014 the following amounts remained outstanding in respect of transactions a-b above.

Transport for London Related party Debtor London Transport Museum Limited is a charitable subsidiary company of Transport Trading £000 Limited (TTL), a Transport for London Group company. TfL provides financial assistance to London Transport Museum Friends 59 the Museum in the form of a core grant for Museum operations and, in addition, certain divisions of TfL provide financial support to the Safety and Citizenship Programme and other In addition to the transactions above, LTM Trustee Phil Swallow is a major shareholder in Museum operations as agreed on a project by project basis. the Severn Valley Railway which was used for testing the Met No.1 loco in 2012/13 in a quid pro quo deal which saw the loco being displayed at Severn Valley this year. In addition, a The Museum receives benefit from the activities of TfL Group functions such as Finance, small number of collection items are on loan to Severn Valley under a standard LTM loan Human Resources, Internal Audit and Payroll. Where management fees are levied upon the agreement. No financial entries have been made for these arrangements. Museum by TfL and TTL for services provided these are applied at the same rates as for all other TfL Group companies. 20. Legal status and ultimate holding company TfL Group companies receive discounts on the hire of Museum facilities. All TfL staff receive free entry to the Museum and discounts in the Museum shop. LTM is a company limited by shares and a wholly owned subsidiary company of Transport Trading Limited (TTL), incorporated in the UK. TTL is the holding company for all the Under FRS 8 ‘Related Party Disclosures’ the Museum is exempt from disclosing transactions operating companies controlled by Transport for London. The ultimate parent company with other TfL Group undertakings but a summary of the total value of transactions with TfL for the Group is Transport for London, a statutory corporation established by the Greater is given below. London Authority Act 1999.

Related party transactions with TfL Income Expenditure Copies of the consolidated accounts for TfL are available from Windsor House, £000 £000 42-50 Victoria Street, London, SW1H 0TL. Core grant and capital grant 5,613 - Other income 1,495 - Group services provided - 348 LTM’s Memorandum of Association states ‘the property and funds of the Charity must be used only for promoting the Objects and no dividends shall be paid to the Member’.

Other related party transactions Other material related party transactions in the year Income Expenditure £000 £000 (a) London Transport Museum Friends 184 13 (b) Museums Association 4 (a) Ian Arthurton, who served as a Trustee during the year, was Chairman of the London Transport Museum Friends for part of the year (b) Sam Mullins is on the board of the Museums Association

96 Financial statements Financial statements 97 Yearbook 2013 |2014 Yearbook 2013 |2014

2014.016_Dir Yearbook2013-2014_16.09.14_MASTER_p70-100.indd 96-97 06/10/2014 14:49 Winners from 01–50 Artist Position Page Winners from 51–100 Artist Position Page Brightest London is best reached by Underground Horace Taylor, 1924 1 01 Fly the Tube to New York Trickett & Webb Ltd, 2001 51 10

London Zoo Abram Games, 1976 2 23 The moving spirit of London Thomas Robert Way, 1910 52 09 © Estate of Abram Games & TFL London after dark Fred Millett, 1968 53 14 Underground – the way for all Alfred France, 1911 3 07 The Komodo Dragon Artist unknown, 1935 54 35 For the Zoo, book to Regent’s Park or Camden Town Charles Paine, 1921 4 21 Constancy Julius Klinger, 1929 55 08 The Gallery by Tube David Booth and Fine White Line, 1987 5 15 Going shopping this weekend? Rachel Thomas (designer) & John Short 56 15 Or take the Tube Nick Hardcastle, 1987 6 16 @ We Folk (photographer), 2010

London 2026 AD – this is all in the air Montague B Black, 1926 7 35 Whitsuntide outings Charles Paine, 1921 57 05

The lure of the Underground Alfred Leete, 1927 8 54 RAF Display Andre Edouard Marty, 1933 58 08

The quickest way to the dogs Alfred Leete, 1927 9 14 Golders Green Artist unknown, 1908 59 67

Map of the Underground Henry Beck, 1933 10 07 Brightest London and home by Underground Horace Taylor, 1924 60 48

Please stand on the right of the escalator Fougasse (Cyril Kenneth Bird), 1944 11 07 Eastcote by District Railway Charles Pears, 1913 61 31

By paying us your pennies MacDonald Gill, 1914 12 09 Nothing left to chance Maurice Beck, 1930 62 19

Where it is warm and bright Verney L Danvers, 1924 13 65 Trooping the Colour Margaret Calkin James, 1932 63 30

No wet no cold Frederick Schneider Manner, 1929 14 67 No need to ask a p'liceman John Hassall, 1908 64 05

Morden extension now open Artist unknown, 1926 15 08 You are in London Emma Kay, 2006 65 07

Please have your ticket ready at the barrier Fougasse (Cyril Kenneth Bird), 1944 16 07 Please shop between 10 and 4 Victor Galbraith, 1959 66 07

Always warm and bright Mark Laurence, 1912 17 33 Keep warm - travel Underground Kathleen Stenning, 1925 67 15

Brighter London for Theatreland Harold Sandys Williamson, 1924 18 13 regatta July 21st Artist unknown, 1928 68 11

Keep your personal stereo personal! Tim Demuth, 1987 19 10 Waterside London Hans Unger, 1972 69 39

Take them to the Zoo James Henry Dowd, 1924 20 23 Paddington new station Charles Sharland, 1913 70 15

Away from it all M E M Law, 1932 21 08 Countryside in autumn Edward McKnight Kauffer, 1938 71 31

Too much of a good thing John Henry Lloyd, 1910 22 66 Wimbledon Andrew Power, 1933 72 31

London memories - Hampstead Fred Taylor, 1918 23 30 The popular service suits all tastes Artist unknown, 1913 73 61

Fly the Tube Geoff Senior and agency Foote, Cone 24 65 Come out to live Paul Nash, 1936 74 99 and Belding (FCB), 1979 Harvest John Walter West, 1916 75 11 Say it Underground with a poster Christopher Greaves, 1933 24 11 Uxbridge Charles Paine, 1921 75 45 The lap of luxury Frederick Charles Herrick, 1925 26 33 Country fair Mabel Lucie Attwell, 1912 77 20 Epsom summer meeting Andrew Power, 1933 27 57 By Underground to fresh air Maxwell Ashby Armfield, 1915 78 23 Cup final Wembley Saturday April 24th Eric George Fraser, 1928 28 07 Avoid the wet - travel Underground Kathleen Stenning, 1925 78 15 Please pass along the platform Fougasse (Cyril Kenneth Bird), 1944 29 07 Smithfield Club show Compton Bennett, 1928 80 08 Tate Modern by Tube Paul Catherall, 2003 30 23 Bicyclism _ the art of wheeling Austin Cooper, 1928 81 10 It is warmer below Frederick Charles Herrick, 1927 31 15 Safety Maurice Beck, 1930 82 31 Power - the nerve centre of London’s Underground Edward McKnight Kauffer, 1930 32 66 In Watford Edward McKnight Kauffer, 1915 83 47 For the Zoo Maurice A Miles, 1934 32 20 How long since you saw a sunset in the country? Harold Sandys Williamson, 1922 84 31 Please pass down the car Fougasse (Cyril Kenneth Bird), 1944 34 07 To summer sales by Underground Horace Taylor, 1926 85 48 London Transport – keeps London going Man Ray, 1938 35 41 For comfort’ s sake stagger office hours Misha Black and David Langdon, 1942 86 07 Football, humours of London No, 3 Tony Sarg, 1913 36 07 Linear * Dryden Goodwin, 2010, © artist 87 16 We are transforming your Tube Studio Oscar, 2007 37 58 Go out into the country Graham Sutherland, 1938 88 08 Light, power & speed Charles Sharland, 1910 38 7 Come in to play Paul Nash, 1936 89 98 Posters - Victoria & Albert Museum Austin Cooper, 1931 39 20 Central London (Tube) Railway Artist unknown, 1905 90 59 Boat race Charles Paine, 1921 40 56 For property lost Tom Eckersley, 1945 91 14 Femme bien informee Harry Stevens, 1972 41 98 Seeing it through. station woman Eric Henri Kennington, 1944 92 10 The swiftest way to pleasure Charles Sharland, 1913 42 08 London Transport Collection Tom Eckersley, 1975 93 37 Changing of the guard Frederic Henri Kay Henrion, 1956 43 09 Art today Hans Unger, 1966 94 23 British Empire exhibition Edward Bawden and Thomas Derrick, 1924 44 59 Metropolitan Railway fare chart Issued by the Metropolitan Railway, 1886 94 07 It is cooler below Frederick Charles Herrick, 1926 45 64 England v West Indies Clifford Ellis and Rosemary Ellis, 1938 96 30 The roads are never up on the Underground Alfred Leete, 1930 46 13 Hearing the riches of London Frederick Charles Herrick, 1927 96 10 Speed Underground Alan Rogers, 1928 47 43 Kennel Club show Tom Eckersley and Eric Lombers, 1938 98 20 The Palm House - Kew Gardens Clive Gardiner, 1926 48 31 Thanks to the Underground Zero (Hans Schleger), 1935 99 58 The Zoo by floodlight Tom Eckersley and Eric Lombers, 1935 48 20 A word to women employees Artist unknown, 1943 99 14 lnternational advertising exhibition Frederick Charles Herrick, 1920 50 14

98 Index of posters Index of posters 99 Yearbook 2013 |2014 Yearbook 2013 |2014

2014.016_Dir Yearbook2013-2014_16.09.14_MASTER_p70-100.indd 98-99 06/10/2014 14:49 Winners from 101–150 Artist Position Page Winter sales Edward McKnight Kauffer, 1921 101 07

Vision of a roundel © Lothar Götz, 2008 101 09

The Proud City - St Paul’s Cathedral Walter E Spradbery, 1944 103 31

RAF display Andre Edouard Marty, 1933 104 08

Gardening by Underground Stanislaus Longley, 1933 105 09

Rehabilitation - it takes time Fred Taylor, 1945 106 31

London’s fairs William Roberts, 1951 107 09

Chinatown by Underground John Bellany, 1988 107 21

Imperial War Museum Edward Wadsworth, 1936 109 31

A train every 90 seconds Abram Games, 1937 110 15 © Estate of Abram Games & TFL

Zoo choice Michael Reid, 1970 111 21

New Works Thomas Enoch Lightfoot, 1932 112 57

City Edward Bawden, 1952 113 09

Play between 6 and 12 Edward McKnight Kauffer, 1931 113 11

Something different at every turn Roy Meldrum, 1933 113 13

Visit your museums - Natural History Museum Edward McKnight Kauffer, 1974 116 23

No waiting - rapid service of trains Charles Sharland, 1909 116 59

Upgrade underway © Me Company, Jonathan Tobin, 2011 116 37

Motor show Olympia Anna Katrina Zinkeisen, 1934 119 60

Saturday March 31st Percy Drake Brookshaw, 1928 120 11

Cycle & motor cycle show Charles Burton, 1930 121 08

The way of business Frank William Brangwyn, 1913 122 20

Cup Final Herry Perry, 1935 123 67

Rugby League cup final Charles Burton, 1930 124 20

The Canvey Lady Southend-on-Sea Charles Pears, 1926 125 08

Cheap fares for school and pleasure parties Freda Lingstrom, 1929 126 57

The Tate Gallery Rex Whistler, 1928 126 98

Simply nightlife by Tube and bus Dan Fern, 1998 126 15

Cup final Charles Burton, 1930 126 20

Rugby League cup final Herry Perry, 1933 130 10

Highgate Ponds Howard Hodgkin, 1989 131 31

Illuminations and decorations in Artist unknown, 1902 132 63 celebration of the Coronation

London Transport at London’s service Abram Games, 1947 133 9 © Estate of Abram Games & TFL

Extension of the Piccadilly line to Heathrow Tom Eckersley, 1971 134 13

European swimming championships Artist unknown, 1938 135 07

London Transport at London’s service Misha Black and John Barker, 1947 136 21

Wimbledon tennis Herry Perry, 1935 137 30

Olympia motor show Andre Edouard Marty, 1933 137 33

Theatre - go by Underground Barnett Freedman, 1936 139 98

There is still the country Dora M Batty, 1926 140 05

Behind the seen - at London’s service James Fitton, 1948 141 98

Where is this bower beside the silver Thames? Jean Dupas, 1930 142 30

Why wait till later? Marc Fernand Severin, 1938 143 31

Summer nights Vladimir Polunin, 1930 143 23

Your fare from this station Laszlo Moholy-Nagy, 1936 145 07

Epping - Central line extension K G Chapman, 1949 146 30

Asia Austin Cooper, 1930 146 11

Winter sales are best reached by the Underground Edward McKnight Kauffer, 1922 148 07

Quickly away, thanks to pneumatic doors Laszlo Moholy-Nagy, 1937 149 09

Four times the number carried Thomas Enoch Lightfoot, 1932 150 19

100 AddIndex chapter of posters head Yearbook 2013 |2014

2014.016_Dir Yearbook2013-2014_16.09.14_MASTER_p70-100.indd 100 06/10/2014 14:50 Design by LTM Design Compiled by Chris Gilbert All images © London Transport Museum and Transport for London, except where noted

London Transport Museum is an educational and heritage preservation charity. Its purpose is to conserve and explain the history of London’s transport, to offer people an understanding of the Capital’s past development and to engage them in the debate about its future.

Front cover and opposite: Brightest London is reached by Underground by Horace Taylor, 1924 Winner of the Siemens Poster Vote 2013

LONDON TRANSPORT MUSEUM YEARBOOK 2013 | 2014

Supported by Tube 150 supported by Tube