BURY ST EDMUNDS HERITAGE TRUST
To improve the heritage provision in Suffolk for the benefit of everyone
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net outgoing resource of £21,329 for the year, resulting in negative unrestricted reserves of £17,110. The trustees acknowledge this issue but maintain the going concern basis, citing pledges of support from local organisations to cover future income and expenditure.
What the accounts disclose
“Other trading activities 9 80,578 - 80,578 74,143” — page 8
“At 31 December 2024 the reserves were negative. The trustees and staff are working hard to address this issue” — page 5
Trustees
- Jill Myra Badman
- Jodie Budd
- SIMON FRANCIS POTT FRICS
- STEPHEN COOK
- Silke David
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £89k | £110k |
| 31/12/2023 | £93k | £126k |
| 31/12/2022 | £96k | £130k |
| 31/12/2021 | £73k | £92k |
| 31/12/2020 | £107k | £92k |
Common questions
Is BURY ST EDMUNDS HERITAGE TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net outgoing resource of £21,329 for the year, resulting in negative unrestricted reserves of £17,110. The trustees acknowledge this issue but maintain the going concern basis, citing pledges of support from local organisations to cover future income and expenditure. Its FY2024 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 17/08/2020 | £50k | "COVID19:Bury St Edmunds Heritage Trust" |
| The National Lottery Heritage Fund | 12/09/2013 | £743k | "The Bury St Edmunds Guildhall Heritage Centre" |