THE MARGATE CAVES COMMUNITY EDUCATION TRUST
Activities in the year working towards the Charity's aim of developing the Margate Caves Site as a learning and community facility, contributing to the regeneration of one of the most deprived areas in England. Activities included consultations held with local people throughout the development of our project to ensure that we are meeting local needs and the community is engaged with the project.
Objects
TO ADVANCE THE EDUCATION OF THE GENERAL PUBLIC IN THE SUBJECT AND MEANING OF THE ENVIRONMENTAL AND SOCIAL HISTORY OF THE MARGATE CAVES AND THE ISLE OF THANET AND TO PROVIDE OPPORTUNITIES FOR LEARNING AND EDUCATION THAT SUPPORT THE LOCAL COMMUNITY IN TACKLING DISADVANTAGE FOR PUBLIC BENEFIT.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £73,942 for the year ended 28 February 2025, resulting in total funds of £1,051,781. The trustees' report confirms that the charity's reserves policy aim of holding one year’s operating costs plus redundancy provisions has been achieved. The independent examiner confirmed that no material matters came to their attention during the examination of the accounts.
What the accounts disclose
“The charity's aim is to hold one year’s operating costs plus redundancy provisions at all times.” — page 8
“During the year, one trustee received remuneration of £2,100 (2024: £nil) for the provision of professional services.” — page 16
Policies the charity declares
- Bullying and harassment policy and procedures
- 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
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Property (HM Land Registry)
Trustees
- Sarah Vickerychair
- ANDREW CANNON MAAT, FCCA
- Kirsty Rose McChesney
- VALERIE ANNE KIRSCHNER
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 28/02/2025 | £196k | £270k |
| 29/02/2024 | £208k | £293k |
| 28/02/2023 | £188k | £247k |
| 28/02/2022 | £174k | £221k |
| 28/02/2021 | £222k | £184k |
Common questions
Is THE MARGATE CAVES COMMUNITY EDUCATION TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net deficit of £73,942 for the year ended 28 February 2025, resulting in total funds of £1,051,781. The trustees' report confirms that the charity's reserves policy aim of holding one year’s operating costs plus redundancy provisions has been achieved. The independent examiner confirmed that no material matters came to their attention during the examination of the accounts. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 11/05/2022 | £84k | "Thanet's Heritage Sector Volunteer Programme" |
| The National Lottery Heritage Fund | 03/08/2020 | £9k | "COVID19 The Margate Caves Community Education Trust" |
| The National Lottery Community Fund | 19/10/2016 | £422k | The Margate Caves Community Centre |
| The National Lottery Heritage Fund | 16/03/2016 | £1.2m | "Margate Caves Project" |
| The National Lottery Community Fund | 07/10/2015 | £26k | The Margate Caves Community Centre |