THE BANBURY MUSEUM TRUST
Banbury Museum is a purpose built museum, which displays historic collections relating to North Oxfordshire and beyond, and temporary exhibitions. The Museum engages a broad audience through an extensive programme of educational activities and also engages in historical research of both activities and collections. It offers professional museum advice to other museums and heritage projects.
Financial health, per its FY2025 accounts
The accounts state that the Trust reported a consolidated net surplus of £6,363 for the year ended 31 March 2025, with total unrestricted reserves of £223,342. The Trustees confirm that the charity has adequate resources to continue in operational existence for the foreseeable future, noting reliance on grant funding from Cherwell District Council. The defined benefit pension scheme, previously in deficit, is now in surplus, removing a significant potential liability.
What the accounts disclose
“The Trustees have determined that the Trust should hold free cash reserves sufficient to cover approximately 3 months core operating costs, which equates to approximately £130,000.” — page 12
“During this period, Whitley Stimpson Limited charged the Trust £3,265 excluding VAT (2024 : £4,154) for payroll services.” — page 35
“The Trust owns 100% of the issued share capital of Banbury Museum Trading Limited.” — page 28
Funders the charity credits
- Cherwell District Council
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Helen Fordechair
- Alastair Scott
- Clare Adams
- JOHN ERNEST SPRATT
- Jonathan Mark Walton
- Rebecca Mileham
- Rob Pattenden
- Shaida Hussain
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £647k | £639k |
| 31/03/2024 | £650k | £640k |
| 31/03/2023 | £650k | £658k |
| 31/03/2022 | £616k | £778k |
| 31/03/2021 | £660k | £518k |
Common questions
Is THE BANBURY MUSEUM TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the Trust reported a consolidated net surplus of £6,363 for the year ended 31 March 2025, with total unrestricted reserves of £223,342. The Trustees confirm that the charity has adequate resources to continue in operational existence for the foreseeable future, noting reliance on grant funding from Cherwell District Council. The defined benefit pension scheme, previously in deficit, is now in surplus, removing a significant potential liability. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 08/03/2024 | £10k | "Voices of The Ally: Capturing and sharing the memories of those who worked at Banbury?s nationally significant Alcan Aluminium Works" |
| The National Lottery Heritage Fund | 20/06/2014 | £10k | "Feeding the Front Line: Banbury's explosive role in The First World War" |