BRISTOL MUSEUMS DEVELOPMENT TRUST
Latest income
£276k
Latest spending
£304k
Registered
2010
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that the charity held unrestricted reserves of £435,835, significantly exceeding its stated policy target of £50,000. The trustees confirm the charity is a going concern with adequate resources, noting that major operating expenses are underwritten by Bristol City Council.
What the accounts disclose
Reserves policy: £50,000 (held: £436k)
“The Trust has a policy of maintaining unrestricted reserves in the region of £50,000 in order to fulfil its governance requirements and meet its commitments for grant-making according to its policy” — page 15
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Aggregate donations from Trustees, key management personnel, and other related parties was £1,550 (2023: £440).
“Aggregate donations from Trustees, key management personnel, and other related parties was £1,550 (2023: £440). There were no staff employed by the charity in the current or previous year. The key management personnel are considered to be the trustees. There were no aggregate employment benefits paid to key management personnel during the current or prior year.” — page 24
Per its FY2024 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 30/09/2022)
Total income
£501k
Total spending
£326k
Cost of raising funds
£15k
Reserves (reported)
£257k
Employees
0
Register events
- Received assets from another charity (08/04/2020)
Trustees
- Fiona Jane Whiston Hallworthchair
- Celia Mary Downie
- Cllr Joanne Stafford-Townsend
- Edmund James Thomas Fay
- Eleanor Amy Denney
- Elizabeth Armour Harris
- Huw Thomas James
- Ian Peter Oxley
- Jocelyn Louis Ormond
- Philip James Murray Walker
- Samuel Matthew Alvis
- Victoria Jane Swindells
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/09/2025 | £276k | £304k |
| 30/09/2024 | £366k | £82k |
| 30/09/2023 | £273k | £208k |
| 30/09/2022 | £501k | £326k |
| 30/09/2021 | £128k | £191k |
Common questions
Is BRISTOL MUSEUMS DEVELOPMENT TRUST financially healthy?
The accounts state that the charity held unrestricted reserves of £435,835, significantly exceeding its stated policy target of £50,000. The trustees confirm the charity is a going concern with adequate resources, noting that major operating expenses are underwritten by Bristol City Council. Its FY2024 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 13/03/2024 | £69k | "Bristol Protest: Colston Statue" |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE NISBET TRUST | 1 | £325k |
| THE FOYLE FOUNDATION | 1 | £119k |
| FEEDING BRISTOL | 1 | £35k |
| THE ANCHOR SOCIETY CIO | 1 | £32k |
| JOHN JAMES BRISTOL FOUNDATION | 1 | £18k |
| THE BEAVERBROOK FOUNDATION | 1 | £15k |
| THE KIRBY LAING FOUNDATION | 1 | £10k |
| LLOYD'S REGISTER FOUNDATION | 1 | £10k |