HISTORIC COVENTRY TRUST
An entrepreneurial heritage development trust which aims to bring new life to Coventry's heritage by both preserving and finding innovative new ways to sustain and to use historic buildings and other places, thus to benefit, inspire, involve and connect people with Coventry's history and that of its historic buildings and other amenities
Financial health, per its FY2025 accounts
The accounts state that the Trust achieved revenue sustainability and set aside funds for future repairs for the first time, with free reserves of £63,987 held against a policy target of covering six months of net interest and overheads. The Trust operates with a single paid staff member and relies on volunteer trustees, while managing a large portfolio of heritage assets and restricted funds.
What the accounts disclose
“At the year end free reserves were £63,987.” — page 7
“During the year, the Trust made payments to a charity controlled by one of the Trustees for the supply of materials to the Trust for £208 (2024: £200)” — page 29
“During the year, payments were made to a person connected to one of the Trustees for the supply of shop merchandise at cost to the Trust of £357 (2024: ENil).” — page 29
“During the year, the Trust made payments to a charity controlled by one of the Trustees for the supply of materials to the Trust for £208 (2024: £200)” — page 29
“During the year, payments were made to a person connected to one of the Trustees for the supply of shop merchandise at cost to the Trust of £357 (2024: ENil).” — page 29
“During the year, the Trust made payments to a charity controlled by one of the Trustees for the supply of materials to the Trust for £208 (2024: £200)” — page 29
“During the year, payments were made to a person connected to one of the Trustees for the supply of shop merchandise at cost to the Trust of £357 (2024: ENil).” — page 29
“The Trust has a wholly-owned dormant subsidiary, HCT Trading limited (company number, 12305746), which has reserves of £1.” — page 25
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/10/2024)
Register events
- Received assets from another charity (07/07/2023)
Trustees
- IAN DAVID HARRABINchair
- ANDREW BERNARD WHELAN
- Aaron James Law
- Balvinder Sangha
- Christopher John Nagle
- Dr GEOFF IAIN WILLCOCKS
- Dr MARK WEBB
- JOHN CECIL RUDDICK
- James Magraw
- MARK PHILIP RATCLIFFE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/10/2025 | £398k | £224k |
| 31/10/2024 | £785k | £488k |
| 31/10/2023 | £2.1m | £1.4m |
| 31/10/2022 | £3.9m | £705k |
| 31/10/2021 | £7.9m | £8.1m |
Common questions
Is HISTORIC COVENTRY TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the Trust achieved revenue sustainability and set aside funds for future repairs for the first time, with free reserves of £63,987 held against a policy target of covering six months of net interest and overheads. The Trust operates with a single paid staff member and relies on volunteer trustees, while managing a large portfolio of heritage assets and restricted funds. Its FY2025 accounts were audited by Daffems Audit Limited.
Who funds HISTORIC COVENTRY TRUST?
Funders whose own accounts filings name HISTORIC COVENTRY TRUST as a grant recipient include THE ALAN EDWARD HIGGS CHARITY, THE VINEHILL TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE ALAN EDWARD HIGGS CHARITY | FY2022 | £60k | Re: Drapers Bar and Restaurant |
| THE VINEHILL TRUST | FY2024 | £25k | re-creation of a pentice wall at Coventry Charterhouse |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 26/11/2019 | £249k | "Opening the Gates to Everyone" |
| UK government | 01/04/2019 | £31k | ALB-Historic England-Historic Coventry Trust Assistant Manager post |
| UK government | 01/04/2019 | £8k | ALB-Historic England-High Street HAZ Coventry Demonstrator |
| The National Lottery Heritage Fund | 14/08/2018 | £100k | "Building Sustainability for Historic Coventry Trust" |
| UK government | 20/06/2018 | £25k | Historic Coventry Trust Assistant Manager post |
| UK government | 01/04/2018 | £250k | The Charterhouse, Coventry |
| The National Lottery Heritage Fund | 27/01/2015 | £6.7m | "Charterhouse Heritage Park Phase 1, Coventry" |
| The National Lottery Heritage Fund | 29/07/2013 | £10k | "Charterhouse Business and Planning Advice" |