RIVER AND ROWING MUSEUM FOUNDATION
The maintenance and operation of a museum at Henley which collects, documents, preserves, exhibits and interprets material evidence and information for the public benefit and education relating to rivers, rowing and Henley-on-Thames. The provision of facilities for research and education, and such other purposes for the benefit of the community as shall be exclusively charitable.
Financial health, per its FY2025 accounts
The accounts state that the charity incurred a net loss of £976,293 for the year ended 31 March 2025, continuing a trend of operating deficits. The museum closed to the public in September 2025, entering a semi-mothballed state to reduce losses while exploring the sale of the building and rehoming of collections. Despite the closure, the trustees confirmed adequate resources to continue operations for at least one year from the approval date.
What the accounts disclose
“This exceeds free reserves (reserves excluding restricted, endowment and designated funds, and tangible fixed assets held for the charity’s use), which were in deficit at 31 March 2025.” — page 11
“The charity owns 100% of the share capital of River & Rowing Museum (Trading) Limited, a company which carries out the commercial activities situated within the River and Rowing Museum, with the aim of donating its profits to the charity. Details of transactions with the related parties are given in note 29 to the accounts.” — page 9
“The charity owns 100% of the share capital of River & Rowing Museum (Trading) Limited, a company which carries out the commercial activities situated within the River and Rowing Museum” — page 9
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- DAVID HOWARD WORTHINGTONchair
- Alexandra Wilson
- Eric Den Besten
- Fiona Dennis
- Ian Reissmann
- Louise Wymer
- Matthew Luscombe
- Moira Drysdale Logie
- Nicola Joanne Hotchin
- Rory Alexander Hunt
- Sandra Botterell
- Saravanan Thevendria
- Scott Kildea Furlong
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £657k | £1.6m |
| 31/03/2024 | £412k | £1.3m |
| 31/03/2023 | £310k | £1.5m |
| 31/03/2022 | £706k | £1.2m |
| 31/03/2021 | £490k | £1.2m |
Common questions
Is RIVER AND ROWING MUSEUM FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity incurred a net loss of £976,293 for the year ended 31 March 2025, continuing a trend of operating deficits. The museum closed to the public in September 2025, entering a semi-mothballed state to reduce losses while exploring the sale of the building and rehoming of collections. Despite the closure, the trustees confirmed adequate resources to continue operations for at least one year from the approval date. Its FY2025 accounts were audited by Gravita Audit Oxford LLP.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 18/04/2017 | £17k | "Peter Rabbit: Mischief and Mayhem" |
| The National Lottery Heritage Fund | 18/02/2016 | £32k | "Blood, Sweat and Tears: The Olympic Experience" |
| The National Lottery Heritage Fund | 22/05/2012 | £26k | "River & Rowing Museum Jubilee Project - Swan Upping" |
| The National Lottery Heritage Fund | 07/03/2008 | £13k | "Our River - How It's Life Affects Ours" |
| The National Lottery Heritage Fund | 01/12/2004 | £683k | "Henley River and Rowing Museum Education Centre" |
| The National Lottery Heritage Fund | 12/03/2002 | £240k | "River & Rowing Museum Collections Access Project" |
| The National Lottery Heritage Fund | 05/07/2001 | £991k | "Siberechts, 'Henley from the Wargrave Road' - Acquisition" |