THE AXBRIDGE & DISTRICT MUSEUM TRUST
The Axbridge & District Museum Trust run the museum known as 'King John's Hunting Lodge' in Axbridge. The Trust lease the building from the National Trust and operate with some membership funding from the National Trust with additional funds from sales, donations and friends.
Financial health, per its FY2025 accounts
The accounts state that the Trust ended the year with a healthy net asset position of £66,010.38, having generated an excess of income over expenditure of £10,447.15. The trustees note that the year was marked by record visitor numbers and that the closing balance is significantly higher than the previous year's £55,382.53. Per the notes, £20,000 is held in reserve specifically to prevent insolvency.
What the accounts disclose
“National Trust membership credit £10,896.00”
“In accordance with the policy of the Board, £20,000 is held in reserve and has been identified to be used only the the event that otherwise the Trust would become insolvent.” — page 9
“Honoraria payments to Officers: Continuation of Honoraria payments, where appropriate for the Museum Manager and Museum curator were approved.” — page 7
Register events
- Received assets from another charity (24/05/2023)
Trustees
- ALAN PETER WELLS
- Charles William Henry Casson
- Grahame Paine
- James Morgan Hayes
- Katrina Gulliver
- Kevin Terence Rooke
- LESLIE JAMES STANLEY
- MRS LIZ SCOTT
- Oliver Clark
- Paul Butler McLees
- Paul Leonard Hughes
- Pauline Trapp
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £28k | £17k |
| 31/03/2024 | £29k | £24k |
| 31/03/2023 | £14k | £21k |
| 31/03/2022 | £16k | £17k |
| 31/03/2021 | £28k | £14k |
Common questions
Is THE AXBRIDGE & DISTRICT MUSEUM TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the Trust ended the year with a healthy net asset position of £66,010.38, having generated an excess of income over expenditure of £10,447.15. The trustees note that the year was marked by record visitor numbers and that the closing balance is significantly higher than the previous year's £55,382.53. Per the notes, £20,000 is held in reserve specifically to prevent insolvency. Its FY2025 accounts were independently examined.