THE TOWCESTER MUSEUM

Registered charity 1120909 · accounts filings on the Charity Commission register

For the benefit of the public, to apply the capital and income of the charity to educate the public at large concerning the history of Towcester and surrounding area by the provision of a local museum and Heritage centre.

Causes: Education/training · Arts/culture/heritage/science · Environment/conservation/heritage · website · Get email alerts

Latest income

£28k

Latest spending

£39k

Registered

2007

Accounts read

FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity incurred a net expenditure of £10,849 for the year, resulting in a decrease in total funds from £121,270 to £110,420. The trustees have established a reserves policy requiring free reserves to be no less than three months of resources expended, and the current unrestricted funds of £61,371 exceed this threshold. The financial statements were prepared on a going concern basis with no material uncertainties identified.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: three months of resources expended (held: £61k)

“The trustees have established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets (‘the free reserves’) held by the charity should be no less than 3 months of the resources expended.” — page 6

Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Property (HM Land Registry)

4 registered titles in England and Wales held by the charity’s company or corporate body (0 freehold); recorded price paid £170k. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Public profiles (found on the charity’s own website): facebook

Trustees · trustee networks

Damian Reynoldschair
David Leslie Ward
Gris Iris Millis
Innes Macaulay
Mark Sargent
Rachel Dando L'Olive
SALLY WILLETT
Victoria Litherland

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

Operates in: Northamptonshire

Income and spending

Financial year end	Income	Spending
30/09/2024	£28k	£39k
30/09/2023	£22k	£50k
30/09/2022	£31k	£29k
30/09/2021	£49k	£22k
30/09/2020	£46k	£28k

Common questions

Is THE TOWCESTER MUSEUM financially healthy?

Per its FY2024 accounts: The accounts state that the charity incurred a net expenditure of £10,849 for the year, resulting in a decrease in total funds from £121,270 to £110,420. The trustees have established a reserves policy requiring free reserves to be no less than three months of resources expended, and the current unrestricted funds of £61,371 exceed this threshold. The financial statements were prepared on a going concern basis with no material uncertainties identified. Its FY2024 accounts were independently examined.

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

Funder	Date	Amount	Purpose
The National Lottery Heritage Fund	22/09/2016	£10k	"WW1 Towcester goes to War"
The National Lottery Heritage Fund	23/09/2010	£50k	"Towcester: 'A Road Through History'"