BLETCHLEY PARK TRUST LIMITED
To preserve and develop Bletchley Park as a world-class museum and heritage attraction which is open to the public 361 days a year, and provide an education programme both on-site and through outreach. Both functions are designed to enhance the understanding of its critical contribution to codebreaking and intelligence in World War II, and the birth of computers and electronic security.
Financial health, per its FY2024 accounts
The accounts state that the Trust finished the year with an unrestricted deficit after depreciation of £426,785, which was an improved financial position than anticipated. Per the trustees' report, the Trust relies on visitor income for day-to-day activities and notes that constraints on future development remain until visitor numbers reach pre-pandemic levels. The Trust maintains free reserves of £2,813,394, which exceeds its stated optimum target of circa £1,900,000.
What the accounts disclose
“In the range of £120,000 to £129,999 1”
“Currently the Trustees have determined that the optimum level of free reserves that the Trust would like to retain to support the Trust through a crisis whilst alternative or future options are explored is that likely to be required to cover three to four months’ annual operational expenditure. At the end of 2024, this optimum has been determined at circa £1,900,000.”
“The Trust owns the whole of the issued share capital of Bletchley Park Company Limited. During the year, the charity charged the subsidiary £428,800 (2023: £350,219) as a management charge in respect of space used and other services provided and the subsidiary donated its profits, through Gift Aid, of £226,967 (2023: £677,272). At the year end the charity owed the subsidiary £190,173 (2023: £16,353). There were no donations or Friends memberships from Trustees outside of the normal course of business.” — page 63
“The Trust has 100% ownership and control of its trading subsidiary, Bletchley Park Company Limited. This subsidiary carries out the commercial activities of the Trust.” — page 42
Year-over-year changes
- Top pay band moved from £110,001 - £120,000 (FY2023) to £120,001 - £130,000 (FY2024).
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Avril Haines
- Claire Elizabeth Feehily
- Daniel Chamings
- Dr Matilda Phoebe Blyth
- Hywel Thomas
- Jacqueline de Rojas CBE
- Jane Catherine Bleach
- Sir Jeremy Fleming
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £7.6m | £8.0m |
| 31/12/2023 | £8.4m | £8.7m |
| 31/12/2022 | £10.4m | £9.0m |
| 31/12/2021 | £6.4m | £7.1m |
| 31/12/2020 | £6.1m | £6.5m |
Common questions
Is BLETCHLEY PARK TRUST LIMITED financially healthy?
Per its FY2024 accounts: The accounts state that the Trust finished the year with an unrestricted deficit after depreciation of £426,785, which was an improved financial position than anticipated. Per the trustees' report, the Trust relies on visitor income for day-to-day activities and notes that constraints on future development remain until visitor numbers reach pre-pandemic levels. The Trust maintains free reserves of £2,813,394, which exceeds its stated optimum target of circa £1,900,000. Its FY2024 accounts were audited by Sayer Vincent LLP.
What does the highest-paid employee of BLETCHLEY PARK TRUST LIMITED earn?
Per its FY2024 accounts, the highest-paid employee was in the £120,001 - £130,000 band.
Who funds BLETCHLEY PARK TRUST LIMITED?
Funders whose own accounts filings name BLETCHLEY PARK TRUST LIMITED as a grant recipient include THE ADRIAN SWIRE CHARITABLE TRUST, THE BRITFORD BRIDGE TRUST, THE KIRBY LAING FOUNDATION, THE ERANDA ROTHSCHILD FOUNDATION, CECIL PILKINGTON CHARITABLE TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE ADRIAN SWIRE CHARITABLE TRUST | FY2021 | £25k | |
| THE BRITFORD BRIDGE TRUST | FY2023 | £20k | Primary |
| THE KIRBY LAING FOUNDATION | FY2022 | £20k | STEM Education |
| THE ADRIAN SWIRE CHARITABLE TRUST | FY2024 | £20k | |
| THE ERANDA ROTHSCHILD FOUNDATION | FY2025 | £10k | Education |
| THE BRITFORD BRIDGE TRUST | FY2022 | £10k | Primary - The advancement of education |
| CECIL PILKINGTON CHARITABLE TRUST | FY2024 | £7k | |
| THE JOHN COATES CHARITABLE TRUST | FY2023 | £5k | |
| CECIL PILKINGTON CHARITABLE TRUST | FY2022 | £5k | |
| THE JOHN COATES CHARITABLE TRUST | FY2024 | £5k | |
| CECIL PILKINGTON CHARITABLE TRUST | FY2025 | £3k | |
| CECIL PILKINGTON CHARITABLE TRUST | FY2023 | £3k | |
| ANSON CHARITABLE TRUST | FY2022 | £3k | Charitable Donation |
| CHAPMAN CHARITABLE TRUST | FY2022 | £2k | |
| THE JOHN COATES CHARITABLE TRUST | FY2022 | £0 | |
| THE ERANDA ROTHSCHILD FOUNDATION | FY2024 | £-36k | Education |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 08/06/2020 | £140k | "COVID-19: Bletchley Park Trust" |
| The National Lottery Heritage Fund | 24/09/2009 | £5.1m | "The Restoration of Bletchley Park - Phase 1" |
| The National Lottery Heritage Fund | 04/11/2004 | £3k | "This Registered Charity Would Use An Award To Provide Medals That Commemorate Veterans' Work At Bletchley Park, The Allies' Enigma Code-Brea" |
| The National Lottery Community Fund | 28/10/2004 | £20k | WW2 Commemoration at Bletchley Park |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE POST OFFICE REMEMBRANCE FELLOWSHIP CIO | 1 | £550k |
| THE HEADLEY TRUST | 1 | £59k |
| THE EDWARD CADBURY CHARITABLE TRUST | 1 | £50k |
| THE SACKLER TRUST | 1 | £50k |
| THE NISBET TRUST | 1 | £31k |
| THE 29TH MAY 1961 CHARITY | 1 | £30k |
| THE GEORGE CADBURY TRUST (EDWARD CADBURY SECTION) | 1 | £25k |
| CHARITY OF CHARLES CLEMENT WALKER (COMMONLY KNOWN AS THE WALKER TRUST) | 1 | £23k |
Charities like this
- THE NATIONAL MUSEUM OF COMPUTING
- THE CENTRE FOR COMPUTING HISTORY
- IRONBRIDGE GORGE MUSEUM TRUST LIMITED
- SS GREAT BRITAIN TRUST
- BLENHEIM PALACE HERITAGE FOUNDATION
- THE BLACK COUNTRY LIVING MUSEUM TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| BLETCHLEY PARK TRUST LIMITED | £7.6m | £120,001 - £130,000 | — | above | — | no doubt |
| THE NATIONAL MUSEUM OF COMPUTING | £955k | more than £60,000 | 1 | within | — | no doubt |
| THE CENTRE FOR COMPUTING HISTORY | £417k | — | 0 | below | — | no doubt |
| IRONBRIDGE GORGE MUSEUM TRUST LIMITED | £9.2m | — | — | unclear | — | material uncertainty |
| SS GREAT BRITAIN TRUST | £5.1m | £90,001 - £100,000 | 2 | below | — | no doubt |
| BLENHEIM PALACE HERITAGE FOUNDATION | £31.0m | — | — | unclear | — | no doubt |