VALE AND DOWNLAND MUSEUM (WANTAGE)
Running a museum for the benefit of the inhabitants of the Vale and Downland area.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a surplus of £6,592 for the year ended 31 March 2025, with total unrestricted reserves of £1,743,912. However, the trustees note that free reserves have decreased to £62,495 and that cash reserves are declining due to increasing costs, though they consider the current level adequate to meet ongoing needs.
What the accounts disclose
“The trustees consider that reserves are required to meet fluctuations in receipts and payments, and also to cover contingencies and risks.” — page 4
“At 31 March 2025 a balance of £23,724 (2024 £17,737) was due from the subsidiary undertaking, Vale and Downland Museum (Retail) Limited, in respect of income received on the parent company's behalf and rent charged for the use of space in the Museum.” — page 17
Property (HM Land Registry)
Trustees
- Dr Iain Robertson Cameron
- Geoffrey Rice
- Giles Vaughan Dawson
- Graham Parker
- Jennifer Theresa Hannaby
- John Henry Smythe
- Julia Reynolds
- Richard Talbot
- Ronald Michael Batstone
- Susan Jill Seymour
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £228k | £222k |
| 31/03/2024 | £168k | £181k |
| 31/03/2023 | £152k | £183k |
| 31/03/2022 | £132k | £170k |
| 31/03/2021 | £138k | £149k |
Common questions
Is VALE AND DOWNLAND MUSEUM (WANTAGE) financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a surplus of £6,592 for the year ended 31 March 2025, with total unrestricted reserves of £1,743,912. However, the trustees note that free reserves have decreased to £62,495 and that cash reserves are declining due to increasing costs, though they consider the current level adequate to meet ongoing needs. Its FY2025 accounts were independently examined.