Petersfield Museum and Art Gallery Limited
The charity seeks to educate the public by the establishment and maintenance of a museum for items of historical and archaeological interest, archives, photographs, flora and fauna and arts and crafts especially those relating to the town of Petersfield and the surrounding area.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £282,921 for the year ended 31 March 2025, resulting in a decline in total funds from £3,819,602 to £3,536,681. The Trustees note that while liquidity remains manageable, it is increasingly fragile, and the charity is below its stated reserves policy target of six months of running costs. The auditors confirmed the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“As of 31 March 2025, these free reserves were below target” — page 4
“Petersfield Museum and Art Gallery received a donation of £21,670 from PMAG (Trading) Ltd. This amount has been recorded as income in the financial statements of the parent company.” — page 32
“As of the reporting date, Petersfield Museum and Art Gallery had a debtors balance of £20,512 with PMAG (Trading) Ltd. This balance is included in the current assets section of the parent company’s financial statements.” — page 32
“Petersfield Museum and Art Gallery received a donation of £21,670 from PMAG (Trading) Ltd. This amount has been recorded as income in the financial statements of the parent company.” — page 32
“As of the reporting date, Petersfield Museum and Art Gallery had a debtors balance of £20,512 with PMAG (Trading) Ltd. This balance is included in the current assets section of the parent company’s financial statements.” — page 32
“The charity holds an investment in its wholly-owned subsidiary, PMAG (Trading) Ltd.” — page 23
Structured financials (annual return, FY ending 31/03/2021)
Trustees
- ALAN DOUGLAS JONES
- Alice Margot Shaw
- Benedick Swann
- Elizabeth Ann Courtenay Brooks
- Frances Cook
- Isabel Hughes
- Jaane Rowehl
- Jeremy David Mitchell FRSA
- Jonathan Joseph Allen
- Lady Winifred Anne Charlotte Normington CBE
- Luc Blais
- PAUL Anthony MARTIN
- Richard Edward Joseph Foster
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £341k | £624k |
| 31/03/2024 | £113k | £499k |
| 31/03/2023 | £183k | £490k |
| 31/03/2022 | £404k | £484k |
| 31/03/2021 | £950k | £317k |
Common questions
Is Petersfield Museum and Art Gallery Limited financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net deficit of £282,921 for the year ended 31 March 2025, resulting in a decline in total funds from £3,819,602 to £3,536,681. The Trustees note that while liquidity remains manageable, it is increasingly fragile, and the charity is below its stated reserves policy target of six months of running costs. The auditors confirmed the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by MC Audit Limited.
Who funds Petersfield Museum and Art Gallery Limited?
Funders whose own accounts filings name Petersfield Museum and Art Gallery Limited as a grant recipient include THE CHARLOTTE BONHAM-CARTER CHARITABLE TRUST, The William Brake Foundation, Friends of the Nations' Libraries, ASSOCIATION OF INDEPENDENT MUSEUMS.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE CHARLOTTE BONHAM-CARTER CHARITABLE TRUST | FY2023 | £3k | |
| THE CHARLOTTE BONHAM-CARTER CHARITABLE TRUST | FY2024 | £2k | |
| The William Brake Foundation | FY2022 | £1k | |
| Friends of the Nations' Libraries | FY2023 | £500 | Art of This Century |
| ASSOCIATION OF INDEPENDENT MUSEUMS | FY2023 | £300 | AIM Training Grants |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 11/03/2026 | £193k | "Pathways to the Future: Building Sustainability onto Our Foundations - Resubmission" |
| The National Lottery Heritage Fund | 21/09/2016 | £1.7m | "Petersfield Museum - Pathways into the Past" |
| The National Lottery Heritage Fund | 22/04/2014 | £6k | "'Gone but not forgotten' - remembering those from Petersfield affected by the First World War" |
| The National Lottery Heritage Fund | 17/02/2014 | £100k | "People of the Heath; understanding and conserving Petersfield's prehistoric barrows" |
| The National Lottery Heritage Fund | 10/12/2008 | £10k | "Petersfield Museum Are Currently Converting A Building Which Was Previously Used As An Art Gallery And Restaurant. The Conversion Will Creat" |
| The National Lottery Community Fund | 10/12/2008 | £10k | Refurbishing the Flora Twort Art Gallery and creating a new Costume Gallery |
| The National Lottery Heritage Fund | 04/06/2008 | £50k | "Creating an education programme through appointing an Education and Outreach Officer" |