GRANTHAM COMMUNITY HERITAGE ASSOCIATION
Grantham Museum exists to provide a high quality and sustainable museum service that educates, informs and inspires all Generations.
Financial health, per its FY2024 accounts
The charity reported a net expenditure of £6,217 for the year, resulting in a decrease in unrestricted reserves from £10,653 to £4,436. The trustees state that the budgeted income and expenditure are sufficient for the charity to continue as a going concern, despite noting that high energy costs and reduced post-Covid income levels have placed significant pressure on operating budgets.
What the accounts disclose
“It is the policy of the trustees to retain 12 months of expenditure within unrestricted reserves in order to have sufficient resources for unexpected reductions in income.” — page 6
“There was trustee remuneration and other benefits for the period ended 30th December 2024 of £6,686 (2023 - £7,575).” — page 13
“Malcom Robbins, a trustee of the charity, rented office space monthly from the charity which came to an end during the 2023 year end. The total rent received from this individual for the year was Enil (2023 - £5,700).” — page 15
Register events
- Received assets from another charity (07/08/2026)
Trustees
- Vivienne Alana Reicheltchair
- CARL HESLOP
- LEE ANDREW STEPTOE
- Patrick Perry
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/12/2024 | £37k | £44k |
| 30/12/2023 | £29k | £34k |
| 30/12/2022 | £18k | £33k |
| 30/12/2021 | £29k | £24k |
| 30/12/2020 | £47k | £61k |
Common questions
Is GRANTHAM COMMUNITY HERITAGE ASSOCIATION financially healthy?
Per its FY2024 accounts: The charity reported a net expenditure of £6,217 for the year, resulting in a decrease in unrestricted reserves from £10,653 to £4,436. The trustees state that the budgeted income and expenditure are sufficient for the charity to continue as a going concern, despite noting that high energy costs and reduced post-Covid income levels have placed significant pressure on operating budgets. Its FY2024 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 12/02/2026 | £244k | "Grantham Museum: A New Century" |
| The National Lottery Heritage Fund | 20/08/2014 | £7k | "My Grantham" |