SOMERSET HOUSE TRUST

Registered charity 1063640 · accounts filings on the Charity Commission register · also known as SOMERSET HOUSE LIMITED

Somerset House Trust was established in 1997 to enhance the education of the public by the provision of a centre for the arts and to maintain the buildings for the benefit of the local and international community as an example of English national heritage. At its heart lies a creative community of innovative businesses and social enterprises which contribute to the vibrancy and energy of the site.

Objects

The objects of the Charity are for the public benefit:a. To advance education particularly (but not exclusively) with reference to the arts and culture and by the provision of a centre for the arts and culture in Somerset House in London;b. To advance the arts and culture particularly (but not exclusively) through the promotion, production and encouragement of all art forms, facilitating and increasing access to and participation in all art forms, both generally and for underrepresented groups; and c. To preserve, restore, maintain, improve and facilitate public access to the historic building known as Somerset House in London WC2 as an example of English national heritage.

Area of benefit: NATIONAL

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

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

Registered contact address: Westminster, London, England (from the postcode on the register)

Latest income
£25.3m
Latest spending
£27.0m
Registered
1997
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity ended the financial year with a surplus before depreciation of £0.6m, supported by strong interest returns on cash balances which offset income pressures. Free unrestricted reserves stood at £2.0m, which the trustees confirmed was within their stated target range of £1m to £2m. The charity maintains a strong cash position of £14.3m, enabling it to endure planned deficits in the coming year while continuing its charitable activities.

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

What the accounts disclose

Accounts audited by BDO LLP. Discloses 3 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

From the charity’s annual return (Part A, self-declared)

Answers and figures the charity gave in Part A of its annual return to the Charity Commission. They are self-declared: not verified by the Commission or by this site. Only positive answers and figures are listed; items not listed are simply not shown.

Self-declared on the annual return for the financial year ending 31/03/2025

  • Volunteers: 60
  • Employees paid over £60,000: 19 (£60,001–£70,000: 9; £70,001–£80,000: 1; £80,001–£90,000: 6; £90,001–£100,000: 1; £110,001–£120,000: 1; £150,001–£200,000: 1)
  • Has a trading subsidiary

Self-declared on the annual return for the financial year ending 31/03/2024

  • Volunteers: 69
  • Employees paid over £60,000: 15 (£60,001–£70,000: 5; £70,001–£80,000: 5; £80,001–£90,000: 2; £110,001–£120,000: 1; £140,001–£150,000: 1; £150,001–£200,000: 1)
  • Has a trading subsidiary

Self-declared on the annual return for the financial year ending 31/03/2023

  • Volunteers: 72
  • Employees paid over £60,000: 10 (£60,001–£70,000: 4; £70,001–£80,000: 3; £100,001–£110,000: 1; £140,001–£150,000: 1; £150,001–£200,000: 1)
  • Has a trading subsidiary

Source: this charity’s annual returns on the Charity Commission register.

In the news

Recent coverage mentioning this charity by name (automated match; headlines belong to their publishers).

Corporate structure

SOMERSET HOUSE ENTERPRISES LIMITED — per its own Companies House accounts
  • Turnover: £8.4m
  • Profit before tax: £3.4m

Public fundraising profile: JustGiving — Somerset House Trust (matched by registered charity number).

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

Official officers record.

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.

Trustpilot: Somerset House Trust scores 2.9/5 from 2 reviews (source) — reviews usually concern the charity’s shops or services, not its charitable performance.

Public profiles (found on the charity’s own website): facebook (137,864 followers) · instagram (268K followers)

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

Total income
£25.3m
Total spending
£27.0m
Cost of raising funds
£238k
Reserves (reported)
£2.0m
Employees
125

Reported reserves equal ~0.9 months of spending — in the bottom quarter for charities its size (median 4.6 months; benchmarks).

Per its annual return, largest income source: Charitable activities (72% 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: 0.9% of total income — below the median for charities its size (3.7%) (benchmarks).

Trustees · trustee networks

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

Operates in: Throughout London

Income and spending

Financial year endIncomeSpending
31/03/2025£25.3m£27.0m
31/03/2024£25.5m£24.9m
31/03/2023£21.2m£22.6m
31/03/2022£17.0m£17.7m
31/03/2021£11.9m£12.6m

Common questions

Is SOMERSET HOUSE TRUST financially healthy?

Per its FY2025 accounts: The accounts state that the charity ended the financial year with a surplus before depreciation of £0.6m, supported by strong interest returns on cash balances which offset income pressures. Free unrestricted reserves stood at £2.0m, which the trustees confirmed was within their stated target range of £1m to £2m. The charity maintains a strong cash position of £14.3m, enabling it to endure planned deficits in the coming year while continuing its charitable activities. Its FY2025 accounts were audited by BDO LLP.

Who funds SOMERSET HOUSE TRUST?

Funders whose own accounts filings name SOMERSET HOUSE TRUST as a grant recipient include THE JULIA RAUSING TRUST, THE ROTHSCHILD FOUNDATION, THE ERANDA ROTHSCHILD FOUNDATION, AKO FOUNDATION, THE FIDELITY UK FOUNDATION.

Known funders

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

FunderYearAmountPurpose (as stated by the funder)
THE JULIA RAUSING TRUSTFY2025£1.5mSomerset House Entry Routes Programme
THE ROTHSCHILD FOUNDATIONFY2025£250k
THE ERANDA ROTHSCHILD FOUNDATIONFY2022£191kThe arts
AKO FOUNDATIONFY2025£150ktowards a proposed exhibition of Sámi art scheduled for late 2026.
THE FIDELITY UK FOUNDATIONFY2022£146kTowards new post of Business Systems Manager to increase organisational capacity to implement operational improvements.
KUSUMA TRUST UKFY2024£115kMakerversity exhibition and learning programme
KUSUMA TRUST UKFY2023£115kMakerversity exhibition and learning programme
THE ROTHSCHILD FOUNDATIONFY2023£100k
THE ROTHSCHILD FOUNDATIONFY2022£100k
THE FOYLE FOUNDATIONFY2021£75k
THE ROTHSCHILD FOUNDATIONFY2021£57kGrant paid during the year
MANOLO BLAHNIK FOUNDATIONFY2025£50kEnhance the education of the public by the provision of a centre for the arts.
THE HEADLEY TRUSTFY2022£40kTowards the restoration and repair costs of the Stamp Stairs.
THE J P MARLAND CHARITABLE TRUSTFY2021£25k
THE JAGCLIF CHARITABLE TRUSTFY2023£20kdonation
KUSUMA TRUST UKFY2021£15kCharting Our Course: Creating digital learning resources for SEND learners
THE FINNIS SCOTT FOUNDATIONFY2024£8k
MARIA BJORNSON MEMORIAL FUNDFY2022Unverified read£5k
THE JOHN S COHEN FOUNDATIONFY2025£5kArts
THE BUFFINI CHAO FOUNDATIONFY2025£3k
THE JOHN THAW FOUNDATIONFY2023£1k
THE ROTHSCHILD FOUNDATIONFY2024£1k
THE ERANDA ROTHSCHILD FOUNDATIONFY2023amount not statedThe Arts
THE JAGCLIF CHARITABLE TRUSTFY2022amount not statedDonations and grants payable in furtherance of objects
THE J P MARLAND CHARITABLE TRUSTFY2022amount not stated

Grants marked “Unverified read” were flagged by automated checks as possibly misread from the funder’s filed accounts. They are listed, but left out of the totals, counts and funder relationships this site computes.

Government & lottery funding

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

FunderDateAmountPurpose
The National Lottery Heritage Fund03/07/2024£245k"Restoring and revealing Somerset House’s Salt Stair and the history of the Salt Tax"
Greater London Authority29/03/2018£501kGrant to Somerset House Trust
City Bridge Foundation24/11/2016£91kGrant to Somerset House Trust
The National Lottery Heritage Fund23/11/1999£739k"Opening Somerset House - South Building and River Terrace"
The National Lottery Heritage Fund21/11/1997£10.3m"Somerset House Restoration"

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 SOMERSET COMMUNITY FOUNDATION.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
SOMERSET HOUSE TRUST£25.3m——unclear—no doubt
SOMERSET COMMUNITY FOUNDATION FY2024£5.6m——above—no doubt
STUART HOUSE TRUST FY2025£36k—0unclear—no doubt
SOMERSET BUILDING PRESERVATION TRUST COMPANY LIMITED FY2025£115k—0unclear—no doubt
THE SOMERSET AND DORSET RAILWAY TRUST LTD. FY2025£319k—0above—no doubt
SHERBORNE HOUSE TRUST 2018 FY2025£5.6m£70,000 - £79,9991unclear—no doubt

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