COMPTON VERNEY FUND
Registered charity 1134907 · accounts filings on the Charity Commission register
The preservation of Compton Verney (Compton Verney House Trust) and maintaining and supporting, for the benefit of the publice, the museum, gallery and education centre at Compton Verney
Causes: Arts/culture/heritage/science · Environment/conservation/heritage · Grant history (this charity is a funder) · Get email alerts
Financial health, per its FY2024 accounts
The accounts state that the charity holds total funds of £46,631,656, comprising unrestricted, restricted, and endowment funds, with a net movement in funds of £3,107,171 for the year. The trustees consider the level of reserves to be satisfactory to achieve the charity's objectives and maintain the viability of its activities. The independent auditors confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern.
Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.
What the accounts disclose
Reserves policy: Preserve the viability of the Charity, enable the Charity to meet its legal obligations, and ensure that the reserves are at a level sufficient to discharge all the Charity's legal obligations. (held: £12.5m)
“The intention in establishing the Reserves Policy for CVF is to secure the continuation of the Charity's activities during its expected lifetime. The Policy will; - Preserve the viability of the Charity - Enable the Charity to meet its legal obligations. - Ensure that the reserves are at a level sufficient to discharge all the Charity's legal obligations.”
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Grant to related charity CVHC
“The Trustees of CVF made a grant of £1,600,000 (2023: £1,550,000) to CVHC. Philip Bunt (trustee) is a director and trustee of CVHC.” — page 20
“The Trustees of CVF paid professional fees to Withers LLP of £Nil (2023: £2,340). Matthew Woods (trustee) is a partner of Withers LLP.” — page 20
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Professional fees to Withers LLP
“The Trustees of CVF made a grant of £1,600,000 (2023: £1,550,000) to CVHC. Philip Bunt (trustee) is a director and trustee of CVHC.” — page 20
“The Trustees of CVF paid professional fees to Withers LLP of £Nil (2023: £2,340). Matthew Woods (trustee) is a partner of Withers LLP.” — page 20
Per its FY2024 accounts as filed with the Charity Commission.
Accounts audited by Wallwork Nelson & Johnson. Discloses 4 of 6 completeness components.
Structured financials (annual return, FY ending 31/12/2024)
Cost of raising funds
£220k
Reserves (reported)
£12.5m
Reported reserves equal ~81.1 months of spending — in the top quarter for charities its size (median 5.2 months; benchmarks).
Per its annual return, largest income source: Investments (100% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.
Per its annual return, cost of raising funds: 23.6% of total income — in the top quarter for charities its size (median 4.9%) (benchmarks).
Register events
- Received assets from another charity (16/03/2017) — per the register’s event history; asset transfers typically record mergers or reorganisations.
- JOANNA VAZQUEZchair
- Hon Toby Stephen Gunnar Grimstone
- Jenny Elizabeth Grimstone-Jones
- KIRSTEN VICTORIA MARY SUENSON-TAYLOR
- Matthew Woods
- Philip Bunt · trustee of 2 other charities
Trustee list from the Charity Commission register (current, not historical).
Operates in: Warwickshire
Income and spending
Common questions
Is COMPTON VERNEY FUND financially healthy?
Per its FY2024 accounts: The accounts state that the charity holds total funds of £46,631,656, comprising unrestricted, restricted, and endowment funds, with a net movement in funds of £3,107,171 for the year. The trustees consider the level of reserves to be satisfactory to achieve the charity's objectives and maintain the viability of its activities. The independent auditors confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were audited by Wallwork Nelson & Johnson.
Government & lottery funding
Grants to this charity published as open data by government and lottery funders (360Giving).
Funders of similar charities
Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.
Charities like this
Semantically similar by activities and financial character, from our analysed corpus. Compare with COMPTON VERNEY HOUSE CHARITY.
Side by side with its peers
Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.