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THE WALTHAM ABBEY ROYAL GUNPOWDER MILLS COMPANY LIMITED

Registered charity 1062968 · accounts filings on the Charity Commission register · also known as ROYAL GUNPOWDER MILLS, THE OPERATING CHARITABLE COMPANY LIMITED

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Latest income
£1.1m
Latest spending
£1.3m
Registered
1997
Accounts read
FY2022

Financial health, per its FY2022 accounts

The accounts state that the charity reported a net deficit of £163,548 for the year ended 31 December 2022, with total funds decreasing from £4,499,742 to £4,336,194. The trustees note that the charity relies on grants from The Waltham Abbey Royal Gunpowder Mills Charitable Foundation to fund its operating deficits, with the Foundation confirming continued funding for at least 12 months. Despite the operational loss, the charity maintains unrestricted free reserves of £4,314,172.

What the accounts disclose

Accounts audited by Andorran Limited. Discloses 4 of 6 completeness components.

Structured financials (annual return, FY ending 30/06/2025)

Total income
£1.1m
Total spending
£1.3m
Reserves (reported)
£0
Employees
8

Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Essex

Income and spending

Financial year endIncomeSpending
30/06/2025£1.1m£1.3m
31/12/2023£556k£656k
31/12/2022£489k£653k
31/12/2021£418k£581k
31/12/2020£307k£507k

Common questions

Is THE WALTHAM ABBEY ROYAL GUNPOWDER MILLS COMPANY LIMITED financially healthy?

The accounts state that the charity reported a net deficit of £163,548 for the year ended 31 December 2022, with total funds decreasing from £4,499,742 to £4,336,194. The trustees note that the charity relies on grants from The Waltham Abbey Royal Gunpowder Mills Charitable Foundation to fund its operating deficits, with the Foundation confirming continued funding for at least 12 months. Despite the operational loss, the charity maintains unrestricted free reserves of £4,314,172. Its FY2022 accounts were audited by Andorran Limited.

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£250k"Reimagining the Royal Gunpowder Mills"
The National Lottery Heritage Fund13/03/2008£123k"Arms, Technology and Society - Matchlock to Kalashnikov"
The National Lottery Heritage Fund20/04/2005£336"This Group Will Use Their Award To Hold A Range Of Activities To Celebrate Ve Day. These Activities Will Include Talks On The Period, An Exh"
The National Lottery Heritage Fund10/06/2004£50k"Volunteers with Vision"