THE CAISTER CASTLE TRUST
The activities of the charity are for the advancement of education including the exhibiting of motor vehicles to the general public.
Financial health, per its FY2024 accounts
The accounts state that total income decreased to £909,452 while total expenditure increased to £778,763, resulting in a net increase in funds of £473,255 driven largely by investment gains. The charity maintains unrestricted funds of £30,786,202, with free reserves of £699,594, which the trustees consider sufficient to cover at least twelve months of operating costs. The auditor confirmed that the charity is a going concern with no material uncertainties identified.
What the accounts disclose
“The Trustees aim to retain sufficient free reserves to cover at least twelve months of the Charity’s operating costs.” — page 5
“Three of the trustees are also directors of certain companies in which the charity has a non-controlling participating interest. During the year these trustees received remuneration totalling £52,251 (2023: £21,414) from these companies as permitted by the relevant company's Articles of Association. Remuneration was received in their capacity as directors of those companies and not as trustees of the charity.” — page 19
“Three of the trustees are also directors of certain companies in which the charity has a non-controlling participating interest. During the year these trustees received remuneration totalling £52,251 (2023: £21,414) from these companies as permitted by the relevant company's Articles of Association. Remuneration was received in their capacity as directors of those companies and not as trustees of the charity.” — page 19
“During the year, the charity bought services from Caister Castle Limited totalling £256,123 (2023 £146,199).” — page 26
“Three of the trustees are also directors of certain companies in which the charity has a non-controlling participating interest. During the year these trustees received remuneration totalling £52,251 (2023: £21,414) from these companies as permitted by the relevant company's Articles of Association. Remuneration was received in their capacity as directors of those companies and not as trustees of the charity.” — page 19
“During the year, the charity bought services from Caister Castle Limited totalling £256,123 (2023 £146,199).” — page 26
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- PETER JOHN SHERWIN ROWLAND HILLchair
- MARGARET DIANA ROWLAND RANDALL
- PETER WOOD
- THOMAS ROWLAND HILL
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £909k | £779k |
| 31/12/2023 | £1.5m | £670k |
| 31/12/2022 | £712k | £624k |
| 31/12/2021 | £661k | £591k |
| 31/12/2020 | £846k | £557k |
Common questions
Is THE CAISTER CASTLE TRUST financially healthy?
Per its FY2024 accounts: The accounts state that total income decreased to £909,452 while total expenditure increased to £778,763, resulting in a net increase in funds of £473,255 driven largely by investment gains. The charity maintains unrestricted funds of £30,786,202, with free reserves of £699,594, which the trustees consider sufficient to cover at least twelve months of operating costs. The auditor confirmed that the charity is a going concern with no material uncertainties identified. Its FY2024 accounts were audited by Newby Castleman LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE FOOTBALL FOUNDATION | 1 | £1.6m |
| THE BRITISH DIABETIC ASSOCIATION | 1 | £184k |
| BEIS MENACHEM CHABAD LUBAVITCH | 1 | £102k |
| BRITISH HEART FOUNDATION | 1 | £100k |
| THE HEALTH FOUNDATION | 1 | £100k |
| Arthritis UK | 1 | £97k |
| PROSTATE CANCER UK | 1 | £76k |
| THE JEAN SHANKS FOUNDATION | 1 | £25k |
Charities like this
- YAD VEACHISOMOCH L'CHAIM
- THE CASCIA TRUST
- ACADEMY OF MEDICAL SCIENCES
- PEMBROKE CASTLE TRUST
- THE I S A CHARITY
- ASTON VILLA FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE CAISTER CASTLE TRUST | £909k | — | 0 | unclear | — | no doubt |
| YAD VEACHISOMOCH L'CHAIM | £834k | — | 0 | unclear | — | no doubt |
| THE CASCIA TRUST | £312k | — | 0 | unclear | — | no doubt |
| ACADEMY OF MEDICAL SCIENCES | £27.0m | — | — | above | — | no doubt |
| PEMBROKE CASTLE TRUST | £1.5m | — | 0 | above | — | no doubt |
| THE I S A CHARITY | £1.2m | — | 0 | unclear | — | no doubt |