THACKRAY MEDICAL MUSEUM COMPANY LIMITED
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £553,122 for the year, resulting in a significant decrease in its general reserves. The trustees note that free reserves stood at a deficit of (£45,227), which is below the stated policy target of three months' operational costs (£325,000). Despite these deficits and an unpredictable economic climate, the trustees maintain that the group has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“There was one employee paid between £60,000 and £70,000 in the period (2024: one).” — page 49
“There was one employee paid between £60,000 and £70,000 in the period (2024: one).” — page 49
“The charity has one wholly owned trading subsidiary, The Medical Museum Trading Company Limited (Company No 02580425), which carries on the commercial activities that are ancillary to the operation of the Museum.” — page 47
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Dr Cornelius Kaiper-Holmeschair
- Dr Amritpal Kaur Riat
- Dr Hamish Angus McClure
- Dr Michael John Lewis
- Elizabeth Emma Moss
- Joanne Norry
- Lucy Michelle McCabe
- Luke Farley
- Martin David Dickson
- Rojin Sahindal
- Sam Dixon
- Tracy Maureen Fowler
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.8m | £2.4m |
| 31/03/2024 | £1.7m | £2.1m |
| 31/03/2023 | £1.6m | £2.0m |
| 31/03/2022 | £1.8m | £2.1m |
| 31/12/2020 | £2.1m | £1.2m |
Common questions
Is THACKRAY MEDICAL MUSEUM COMPANY LIMITED financially healthy?
The accounts state that the charity reported a net deficit of £553,122 for the year, resulting in a significant decrease in its general reserves. The trustees note that free reserves stood at a deficit of (£45,227), which is below the stated policy target of three months' operational costs (£325,000). Despite these deficits and an unpredictable economic climate, the trustees maintain that the group has adequate resources to continue in operational existence for the foreseeable future. Its FY2025 accounts were audited by BHP LLP.
What does the highest-paid employee of THACKRAY MEDICAL MUSEUM COMPANY LIMITED earn?
Per its FY2025 accounts, the highest-paid employee was in the £60,001 - £70,000 band, and 1 employees earned over £60,000.
Who funds THACKRAY MEDICAL MUSEUM COMPANY LIMITED?
Funders whose own accounts filings name THACKRAY MEDICAL MUSEUM COMPANY LIMITED as a grant recipient include THE THACKRAY MEDICAL RESEARCH TRUST.
Known funders
| Funder | Year | Amount |
|---|---|---|
| THE THACKRAY MEDICAL RESEARCH TRUST | FY2022 | £424k |
| THE THACKRAY MEDICAL RESEARCH TRUST | FY2022 | £79k |
| THE THACKRAY MEDICAL RESEARCH TRUST | FY2022 | £5k |
| THE THACKRAY MEDICAL RESEARCH TRUST | FY2022 | £4k |
| THE THACKRAY MEDICAL RESEARCH TRUST | FY2022 | £2k |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 02/11/2023 | £204k | "Insights, identity and imagination – taking steps to engage a wider audience and improve organisational resilience." |
| The National Lottery Heritage Fund | 24/08/2020 | £151k | "COVID19: Thackray Museum" |
| The National Lottery Heritage Fund | 17/03/2015 | £945k | "A Healthy Future for Thackray Medical Museum (KickstartGIA2020)" |
| The National Lottery Heritage Fund | 24/03/2011 | £50k | "Thackray Remembered" |
| The National Lottery Heritage Fund | 23/10/1995 | £3.0m | "Thackray Medical Museum, Leeds" |