MOUNTAIN HERITAGE TRUST
Advancement for the public benefit of education and training through knowledge and understanding about the history, heritage, skills and safe conduct of climbing, hill walking and mountaineering and the environments in which these activities take place.
Financial health, per its FY2024 accounts
The accounts state that the charity operated at a net deficit of £8,647 for the year, reducing its unrestricted reserves from £41,081 to £36,071. The trustees acknowledge that recent financial issues may cause doubt regarding the Trust's ability to continue as a going concern, although they maintain a reasonable expectation of operational existence. The charity's reserves policy targets three to six months of expenditure, and the current unrestricted reserve level of £36,071 is considered to be within this target range.
What the accounts disclose
“It is the policy of the Trust that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure.” — page 6
“The trustees are aware of the recent financial issues which may cause doubt on the Trust's ability to continue as a going concern.”
“The British Mountaineering Council was the sole member of Mountain Heritage Trust, and controlled Mountain Heritage Trust through the appointment of trustees to the charity in the previous year up to the date of resignation on 30 June 2023. The receipts from the British Mountaineering Council during that period were; Donation towards general running costs of £35,000.” — page 23
Corporate structure
- Registered company of the charity Companies House 03950830
Company officers (Companies House)
- COATES, Vanessa on trustee list
- MARGESON OBE, John Michael Breon not on trustee list
- FOSTER, Peter on trustee list
- JACKSON, Malcolm Joseph, Prof on trustee list
- KNOWLES, Remus on trustee list
- WHITMORE, Charlotte on trustee list
- DUXFIELD, Julian on trustee list
- TAIT, David on trustee list
- SMITH, Ian James on trustee list
- KELLY, Rachael
Trustees
- Julian Duxfieldchair
- Charlotte Whitmore
- David Tait
- Dr Peter Foster
- Ian James Smith
- John Michael Breon Margeson OBE
- Malcolm Jackson
- Remus Knowles
- Vanessa Coates
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £74k | £82k |
| 31/12/2023 | £36k | £61k |
| 31/12/2022 | £37k | £37k |
| 31/12/2021 | £66k | £51k |
| 31/12/2020 | £50k | £71k |
Common questions
Is MOUNTAIN HERITAGE TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the charity operated at a net deficit of £8,647 for the year, reducing its unrestricted reserves from £41,081 to £36,071. The trustees acknowledge that recent financial issues may cause doubt regarding the Trust's ability to continue as a going concern, although they maintain a reasonable expectation of operational existence. The charity's reserves policy targets three to six months of expenditure, and the current unrestricted reserve level of £36,071 is considered to be within this target range. Its FY2024 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 15/04/2026 | £199k | "Moving Mountains with Purpose" |
| The National Lottery Heritage Fund | 06/07/2020 | £18k | "COVID19:Mountain Heritage Trust" |
| The National Lottery Heritage Fund | 28/01/2019 | £46k | "The next hill to climb..." |
| The National Lottery Heritage Fund | 27/04/2017 | £49k | "Man and Mountain: Chris Bonington, Cumbria and beyond" |
| The National Lottery Heritage Fund | 26/09/2013 | £40k | "Towering Talent - The Joe Tasker Archive Collection" |
| The National Lottery Heritage Fund | 18/12/2008 | £40k | "Quest for Adventure: the Chris Bonington Archive Collection" |
| Northern Rock Foundation | 11/10/2005 | £40k | Grant awarded to Mountain Heritage Trust (North East) |
| The National Lottery Heritage Fund | 06/04/2004 | £44k | "British Mountain Culture and Heritage" |
| The National Lottery Heritage Fund | 06/03/2003 | £31k | "Mallory Clothing Reconstruction" |