HERITAGE TRUST OF LINCOLNSHIRE

Registered charity 1001463 · accounts filings on the Charity Commission register · also known as ARCHAEOLOGICAL PROJECT SERVICES, HERITAGE LINCOLNSHIRE, HERITAGE TRUST OF LINCOLNSHIRE LIMITED

The Heritage Trust of Lincolnshire is established to advance public understanding, knowledge and appreciation of all matters relating to the cultural and physical heritage of Lincolnshire with particular regard to its archaeology and architecture with their associated landscapes, social history and traditional skills, and to promote their preservation and continuity for public enjoyment.

Causes: Education/training · Arts/culture/heritage/science · Environment/conservation/heritage · website · Get email alerts

Latest income
£1.7m
Latest spending
£2.1m
Registered
1991
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net expenditure of £591,042 for the year, driven by significant impairments to fixed assets and trading challenges in its subsidiary. While unrestricted reserves stood at £303k, the Trustees note that immediate operational demands prevented contributions to reserves, though they assert there are no material uncertainties regarding the charity's ability to continue as a going concern.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Related-party transaction: A member of Key Management Personnel rented a charity property for approximately half the commercial rent.
“In the year to 31 March 2025, a member of Key Management Personnel rented one of the Charity’s properties for approximately half the commercial rent.” — page 27
Per its FY2025 accounts as filed with the Charity Commission.
Governance: The accounts state the charity addressed 'serious financial control issues' and weaknesses in financial management, requiring an overhaul of controls and a full organisational restructure.
“What began as a year of continued delivery became, by the autumn, a period of decisive action to address serious financial control issues and restore the charity to a stable footing.”
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: HTL Enterprises Ltd
“The consolidated financial statements incorporate the financial information of subsidiary company, HTL Enterprises Ltd, which was not audited because once inter-group balances are eliminated the balance sheet is immaterial to the group financial statements.” — page 10
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Wright Vigar Limited. Discloses 3 of 6 completeness components.

Leadership, per the charity’s website

Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.

Property (HM Land Registry)

9 registered titles in England and Wales held by the charity’s company or corporate body (8 freehold); recorded price paid £95k. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Public profiles (found on the charity’s own website): facebook

Structured financials (annual return, FY ending 31/03/2025)

Total income
£1.7m
Total spending
£2.1m
Cost of raising funds
£1k
Reserves (reported)
£303k
Employees
49

Reported reserves equal ~1.7 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Charitable activities (74% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.1% of total income — below the median for charities its size (5.2%) (benchmarks).

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Lincolnshire

Income and spending

Financial year endIncomeSpending
31/03/2025£1.7m£2.1m
31/05/2024£1.8m£1.9m
31/03/2023£1.8m£2.0m
31/03/2022£2.2m£1.9m
31/03/2021£2.1m£2.0m

Common questions

Is HERITAGE TRUST OF LINCOLNSHIRE financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a net expenditure of £591,042 for the year, driven by significant impairments to fixed assets and trading challenges in its subsidiary. While unrestricted reserves stood at £303k, the Trustees note that immediate operational demands prevented contributions to reserves, though they assert there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by Wright Vigar Limited.

Who funds HERITAGE TRUST OF LINCOLNSHIRE?

Funders whose own accounts filings name HERITAGE TRUST OF LINCOLNSHIRE as a grant recipient include THE ARCHITECTURAL HERITAGE FUND, THE PILGRIM TRUST.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
THE ARCHITECTURAL HERITAGE FUNDFY2022£200kTransformational Capital Grant
THE PILGRIM TRUSTFY2022£25kConservation of stonework at Greyfriars, Lincoln, the country's oldest surviving Franciscan monastery building
THE ARCHITECTURAL HERITAGE FUNDFY2022£17kProject Development Grant

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
The National Lottery Heritage Fund23/10/2025£27k"Spalding Town Station Community Heritage Project."
The National Lottery Heritage Fund18/11/2024£250k"Sustaining the financial resilience of Lincolnshire’s Heritage"
UK government01/04/2024£54k40-42 Michaelgate, Lincoln
UK government01/04/2024£17kHussey Tower, Boston, Lincolnshire
UK government01/04/2024£21kHeritage Lincolnshire Community Support officer
UK government01/04/2024£33k40-42 Michaelgate, Lincoln-
UK government01/04/2023£57kHeritage Lincolnshire Community Support officer
The National Lottery Heritage Fund08/02/2023£215k"Mr Grimsby & Mr Cleethorpes – The astonishing legacy of Edward Watkin"
The National Lottery Heritage Fund08/06/2020£93k"COVID19: Heritage Trust of Lincolnshire"
The National Lottery Heritage Fund28/09/2017£8k"2-4 Market Place Caistor"
The National Lottery Heritage Fund16/02/2017£10k"Boston Sessions House"
The National Lottery Heritage Fund15/12/2016£80k"Heritage Lincolnshire - Strengthening Our Business"
The National Lottery Community Fund05/12/2016£8kThe Old King's Head, Kirton
The National Lottery Heritage Fund21/07/2015£2.4m"Save the Old King's Head, Boston"
The National Lottery Community Fund22/04/2015£10kSouth Lincolnshire Walking Festival
The National Lottery Heritage Fund10/06/2014£453k"Layers of History: Discovering Lincolnshire's Past Landscapes"
The National Lottery Heritage Fund31/03/2011£50k"Hussey Tower: A masterclass in traditional repair"
The National Lottery Heritage Fund05/12/2008£354k"Lincolnshire Heritage at Risk Project"
The National Lottery Heritage Fund19/06/2002£716k"7-13 Bridge Street, Horncastle, Lincolnshire"
The National Lottery Heritage Fund22/10/1998£110k"Little Steeping Mud & Stud Cottage Restoration"
The National Lottery Heritage Fund22/10/1998£445k"St Johns Workhouse, Boston - Restoration"
UK government—£38kRegional Capacity Building
UK government—£41kRepair Grants for Heritage at Risk

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE HERITAGE TRUST FOR THE NORTH WEST.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
HERITAGE TRUST OF LINCOLNSHIRE£1.7m——unclear—no doubt
THE HERITAGE TRUST FOR THE NORTH WEST FY2025£2.1m£60,001 - £70,0001above—no doubt
THE HERITAGE OF LONDON TRUST LIMITED FY2025£808k£90,000 +1unclear—no doubt
THE ENGLISH HERITAGE TRUST FY2025£155.2m£240,001 - £250,000—unclear24.0%no doubt
THE CORNWALL HERITAGE TRUST LIMITED FY2025£1.2m—0unclear—no doubt
Cultura Trust FY2025£267k—0above—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.