WHEAL MARTYN TRUST LTD

Registered charity 1001838 · accounts filings on the Charity Commission register · also known as CHINA CLAY COUNTRY PARK, ST AUSTELL CHINA CLAY MUSEUM LIMITED

The charity is established to secure for the benefit of the public the preservation and maintenance of features and objects of historical interest in the area of St. Austell and the surrounding districts of Cornwall including the provision of an industrial museum relating to the China clay industry.

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

Latest income
£613k
Latest spending
£611k
Registered
1991
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net surplus of £1,647 for the year, with total reserves increasing to £1,689,859. The trustees confirm that free reserves of £130,332 exceed the stated policy target of £100,000, and the auditor has concluded 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

Reserves policy: £100,000 (held: £130k)
The Trustees have agreed to maintain the reserves target at £100,000. This is in response to the continued economic concerns affecting the tourism industry in Cornwall and the significant roadworks occurring in year which may have a detrimental impact on visitor numbers. These reserves will cover core operating costs for at least two months, lease commitments and an allowance for unbudgeted costs or a downturn in income. The reserves target relates to the unrestricted free reserves only and excludes fixed assets.
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: The charity has taken advantage of the exemption which is available under Financial Reporting Standard 102 to not disclose transactions with its parent charitable company and other wholly owned subsidiaries, as the company is a wholly-owned subsidiary of South West Lakes Trust.
The charity has taken advantage of the exemption which is available under Financial Reporting Standard 102 to not disclose transactions with its parent charitable company and other wholly owned subsidiaries, as the company is a wholly-owned subsidiary of South West Lakes Trust. — page 42
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Wheal Martyn Enterprises Limited
The charity’s wholly-owned trading subsidiary ‘Wheal Martyn Enterprises Limited’, registered in England, Company No. 02599839, conducted non-charitable trading. — page 17
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by PKF Francis Clark. Discloses 5 of 6 completeness components.

Property (HM Land Registry)

2 registered titles in England and Wales held by the charity’s company or corporate body (0 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

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

Structured financials (annual return, FY ending 31/01/2025)

Total income
£613k
Total spending
£611k
Cost of raising funds
£203k
Reserves (reported)
£130k
Employees
20

Reported reserves equal ~2.6 months of spending — below the median for charities its size (median 5.2 months; benchmarks).

Trustees · trustee networks

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

Operates in: Cornwall

Income and spending

Financial year endIncomeSpending
31/01/2025£613k£611k
31/01/2024£635k£566k
31/01/2023£555k£569k
31/01/2022£530k£594k
31/01/2021£460k£417k

Common questions

Is WHEAL MARTYN TRUST LTD financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a net surplus of £1,647 for the year, with total reserves increasing to £1,689,859. The trustees confirm that free reserves of £130,332 exceed the stated policy target of £100,000, and the auditor has concluded there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by PKF Francis Clark.

Government & lottery funding

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

FunderDateAmountPurpose
The National Lottery Heritage Fund07/02/2024£220k"Readying Wheal Martyn for the Future"
The National Lottery Heritage Fund01/06/2020£60k"COVID19: Wheal Martyn"
UK government01/04/2019£11kWheal Martyn, Cornwall
UK government18/07/2018£19kWheal Martyn, Cornwall
The National Lottery Heritage Fund03/12/2015£1.0m"Clay Works!"
The National Lottery Heritage Fund03/08/2011£48k"Re-engaing the Clay Country with their heritage"
The National Lottery Heritage Fund12/09/2003£859k"Wheal Martyn China Clay Museum - Regeneration Prog Phase I"
UK government£8kManagement Agreement

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 SOUTH WEST LAKES TRUST.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
WHEAL MARTYN TRUST LTD£613k0unclearno doubt
SOUTH WEST LAKES TRUST FY2025£5.5maboveno doubt
NATIONAL MARITIME MUSEUM CORNWALL TRUST FY2025£2.4m£80,001 - £90,000unclearno doubt
THE CORNWALL HERITAGE TRUST LIMITED FY2025£1.2m0unclearno doubt
CORNWALL CARE LIMITED FY2025£34.6m0unclearnot going concern
THE TOWN MILL TRUST LYME REGIS FY2025£244k0unclearno doubt

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