DELAPRE ABBEY PRESERVATION TRUST
Financial health, per its FY2023 accounts
The accounts state that the charity reported a net expenditure of £46,874 for the year, resulting in total unrestricted reserves of £468,691. The trustees maintain a reserves policy target of a £500,000 cash buffer, which is currently below the stated actual unrestricted reserves. The trustees confirm the charity is solvent and has adopted the going concern basis of accounting.
What the accounts disclose
“The trading activity operates through Delapre Abbey Enterprises Limited, a wholly owned subsidiary of the Trust.”
Structured financials (annual return, FY ending 30/03/2025)
Trustees
- STEPHEN EDMONDSchair
- Dr David Smart
- Dr Marcella Daye
- Floyd Errginton Graham
- James Alexander Cairncross
- MARGARET HAWKINS
- Michelle Bridget Myers
- Paul Glen Whiting
- Sabine Schaebitz
- Sarah Hollis
- Steven Paul Adams
- Tracy Lea Whittaker-Smith
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/03/2025 | £2.2m | £1.8m |
| 30/03/2024 | £2.2m | £1.8m |
| 30/03/2023 | £663k | £709k |
| 30/03/2022 | £831k | £682k |
| 30/03/2021 | £635k | £529k |
Common questions
Is DELAPRE ABBEY PRESERVATION TRUST financially healthy?
The accounts state that the charity reported a net expenditure of £46,874 for the year, resulting in total unrestricted reserves of £468,691. The trustees maintain a reserves policy target of a £500,000 cash buffer, which is currently below the stated actual unrestricted reserves. The trustees confirm the charity is solvent and has adopted the going concern basis of accounting. Its FY2023 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 08/06/2022 | £3.6m | "HERITAGE ENTERPRISE: Delapre Abbey Stable Blocks Wellbeing Hub" |
| The National Lottery Heritage Fund | 06/07/2020 | £130k | "COVID19: Delapre Abbey Preservation Trust" |
| The National Lottery Heritage Fund | 16/02/2017 | £240k | "Developing a sustainable business at Delapre Abbey" |