Charity Accounts Intelreading the accounts so you don’t have to

HELENA THOMPSON MUSEUM

Registered charity 1119567 · accounts filings on the Charity Commission register

TO MAINTAIN IN GOOD REPAIR AND GOOD CONDITION HELENA THOMPSON MUSEUM AND PURCHASING ANTIQUES OR ARTICLES OF LOCAL INTEREST FOR THE MUSEUM

Causes: Education/training · Arts/culture/heritage/science · Environment/conservation/heritage · Economic/community Development/employment · Get email alerts

Latest income
£92k
Latest spending
£111k
Registered
2007
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the Charity held total net assets of £1,125,412 at the balance sheet date, comprising tangible assets, heritage assets, and investments. The Trustee reports that the Charity holds no general unrestricted funds because Cumberland Council subsidises the Charity to cover the excess of expenditure over income. The Trustee confirms that the financial statements are prepared on a going concern basis with no material uncertainties identified.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy
“Reserves: Each year Cumberland Council subsidises the Charity to the extent of the excess of its expenditure over its income and accordingly the Charity holds no general unrestricted funds.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: The Charity does not maintain its own bank account and all transactions of the Charity are recorded in the Council's accounting records. Each year the Council subsidises the Charity to the extent of the excess of its expenses over its income.
“Related party - Cumberland Council During 2024-25 the Charity was administered by Cumberland Council in its capacity as sole trustee. The Charity does not maintain its own bank account and all transactions of the Charity are recorded in the Council's accounting records. Each year the Council subsidises the Charity to the extent of the excess of its expenses over its income.”
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 3 of 6 completeness components.

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Cumbria

Income and spending

Financial year endIncomeSpending
31/03/2025£92k£111k
31/03/2024£94k£114k
31/03/2023£83k£103k
31/03/2022£108k£196k
31/03/2021£260k£101k

Common questions

Is HELENA THOMPSON MUSEUM financially healthy?

Per its FY2025 accounts: The accounts state that the Charity held total net assets of £1,125,412 at the balance sheet date, comprising tangible assets, heritage assets, and investments. The Trustee reports that the Charity holds no general unrestricted funds because Cumberland Council subsidises the Charity to cover the excess of expenditure over income. The Trustee confirms that the financial statements are prepared on a going concern basis with no material uncertainties identified. Its FY2025 accounts were independently examined.