KING EDWARD MINE CIO
King Edward Mine is a Cornish tin mine site, now a museum, one of only two complete sites left in the world. There is working machinery to demonstrate the processing of ore to tin concentrate, a shop, cafe and 22 acres to explore. The site has been run by volunteers since in 1987. The site is open to visitors from April until Sept each year, see www.kingedwardmine.co.uk for information.
Objects
THE OBJECTS OF THE CHARITY ARE(1) FOR THE BENEFIT OF THE PUBLIC THE PRESERVATION, PROTECTION AND MANAGEMENT OF MINING AND OTHER INDUSTRIAL SITES IN CORNWALL WHICH ARE OF HISTORICAL AND INDUSTRIAL INTEREST IN PARTICULAR THE KING EDWARD MINE(2) THE ADVANCEMENT OF EDUCATION OF THE PUBLIC BY PROVISION OF EDUCATIONAL FACILITIES AND A MUSEUM RELATING TO THE MINING INDUSTRY(3) TO FURTHER OR BENEFIT THE RESIDENTS OF THE SOCIALLY AND ECONOMICALLY DISADVANTAGED COMMUNITY OF THE CAMBORNE AND REDRUTH MINING DISTRICT (WORLD HERITAGE SITE AREA A5) AND ITS NEIGHBOURHOOD, BY ASSOCIATING TOGETHER THE SAID RESIDENTS AND THE LOCAL AUTHORITIES, VOLUNTARY AND OTHER ORGANISATIONS IN A COMMON EFFORT TO ADVANCE EDUCATION AND TO PROVIDE FACILITIES IN THE INTERESTS OF SOCIAL WELFARE FOR RECREATION AND LEISURE TIME OCCUPATION WITH THE OBJECTIVE OF IMPROVING THE CONDITIONS OF LIFE FOR THE RESIDENTS.
Financial health, per its FY2025 accounts
The accounts state that the charity does not have reserves, though it maintains a contingency fund for anticipated backdated energy bills. The trustees report that the charity has sufficient funds to maintain this reserve in the next financial year. The site's operation depends heavily on volunteers and visitor income, with the trustees noting that without visitor income the site would be at risk.
What the accounts disclose
“We have received financial support from the Friends of KEM, some revenue from site use by outside organisations and income and donations from our visitors and rental income from the café.” — page 7
“The charity does not have reserves but does have a contingency fund for anticipated backdated energy bills (see above).” — page 7
Policies the charity declares
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Volunteer management
Trustees
- Carol Elizabeth Richards
- David Ager
- Eileen Loughlin
- John Ashley McDonnell
- John Graham Sowell
- Jon Mason
- Maureen Gilbert
- PETER SHEPPARD
- Peter John Snodgrass
- William David Trevena
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £137k | £90k |
| 31/03/2024 | £59k | £83k |
| 31/03/2023 | £57k | £53k |
| 31/03/2022 | £52k | £28k |
| 31/03/2021 | £60k | £32k |
Common questions
Is KING EDWARD MINE CIO financially healthy?
Per its FY2025 accounts: The accounts state that the charity does not have reserves, though it maintains a contingency fund for anticipated backdated energy bills. The trustees report that the charity has sufficient funds to maintain this reserve in the next financial year. The site's operation depends heavily on volunteers and visitor income, with the trustees noting that without visitor income the site would be at risk.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 07/03/2012 | £36k | "King Edward Mine: developing our audience and people" |