WELLS MALTINGS TRUST

Registered charity 1139767 · accounts filings on the Charity Commission register · also known as THE MALTINGS

Wells Maltings Trust is a charity with the aims to promote education of the public through the provision of a centre for arts, heritage and community activity

Causes: Education/training · Arts/culture/heritage/science · Amateur Sport · Environment/conservation/heritage · Economic/community Development/employment · Recreation · website · Get email alerts

Financial health, per its FY2025 accounts

The accounts state that unrestricted free reserves stood at £38,748, which is below the trustees' stated policy target of three months' operating expenditure. The charity reported a net deficit of £195,842 for the year, driven by trading revenues reducing to £296,741 and total expenditure of £656,660, although this was partially offset by a significant increase in donations to £260,301.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Accounts audited by Mapus- Smith & Lemmon LLP. Discloses 5 of 6 completeness components.

Public fundraising profile: JustGiving — Wells Maltings (matched by registered charity number).

Funders the charity credits

Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).

• Handa Foundation — “We are also grateful for the financial support of the Handa Foundation in allowing our arts programmes to thrive and develop.” (source page)
• Holkham Foundation — “For work with young people and local communities, including The Lounge Youth Club: Holkham Foundation” (source page)
• Wells Town Council — “For supporting tourist information services for Wells next the Sea: Wells Town Council” (source page)
• Austrian Cultural Forum — “For programme support for Holocaust Memorial events: Austrian Cultural Forum” (source page)
• Heritage Lottery Fund — “Wells Maltings as we know it now was created following a substantial renewal and refurbishment project in 2016-8, securing nearly £5m of fun…” (source page)

Property (HM Land Registry)

1 registered title in England and Wales held by the charity’s company or corporate body (0 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

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

Structured financials (annual return, FY ending 31/03/2025)

Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Other trading activities (44% 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: 44.0% of total income — above the 90th percentile for charities its size (median 4.9%) (benchmarks).

Trustees · trustee networks

• Dinah Caine
• Dr Esther Madeleine Ogden
• Helena Deakin · trustee of 1 other charity
• Jeremy James Brettingham Smith
• Keith Morris · trustee of 2 other charities
• Lady Felicity Ruth Lyons · trustee of 1 other charity
• PAT BANNISTER
• Sarah Carrington
• Sir Tim Lankester
• Valerie Chitty

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

Operates in: Norfolk

Income and spending

Common questions

Known funders

Grants to this charity found in funders’ own accounts filings.

Government & lottery funding

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