ROYAL BOROUGH OF GREENWICH HERITAGE TRUST
Learning and participation - helping people find out about heritage through formal and informal learning such as school visits and staff talks in the communityVisitor services - promoting the assets in our care through touring exhibitions and events and participation in community eventsCollections care - working with partners to manage the assets in our care Working with volunteers
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure of £92,114 for the year, though a small surplus of £6,754 was achieved when excluding designated fund expenditures. Free unrestricted reserves stood at £49,926, which is below the trustees' stated ideal target of £125,000, although the charity maintains sufficient cash to cover three months of operational costs.
What the accounts disclose
“There was 1 staff employed with emoluments in the year between £60,000 and £70,000” — page 27
“There was 1 staff employed with emoluments in the year between £60,000 and £70,000” — page 27
“Royal Borough of Greenwich 428,161” — page 26
“The Trustees would consider that the ideal level of free reserves as at March 2025 would be in the region of £125,000. It is the Charity’s policy to have sufficient cash reserves to cover three months of employee salaries.” — page 12
“Greenwich Heritage Trading Limited made a charitable donation of £129,182 (2024: £44,401) to the charity, based on the performance in the current and the prior year. The charity recharged £Nil (2024: £Nil) for administration and financial support, and £Nil (2024: £Nil) for advertising and promotion to Greenwich Heritage Trading Limited. At the year-end Greenwich Heritage Trading Limited owed £129,182 (2024: £44,411) to the charity.” — page 34
“During the year £250 (2024: £2,876) was received as a donation from a Trustee. During the year £18 (2024: £Nil) was received from trustees through the anchorage point search fees through the Friend of RGHT scheme and £933 (2024: £2,066) was received from trustees via the patron scheme.” — page 34
“Greenwich Heritage Trading Limited made a charitable donation of £129,182 (2024: £44,401) to the charity, based on the performance in the current and the prior year. The charity recharged £Nil (2024: £Nil) for administration and financial support, and £Nil (2024: £Nil) for advertising and promotion to Greenwich Heritage Trading Limited. At the year-end Greenwich Heritage Trading Limited owed £129,182 (2024: £44,411) to the charity.” — page 34
“During the year £250 (2024: £2,876) was received as a donation from a Trustee. During the year £18 (2024: £Nil) was received from trustees through the anchorage point search fees through the Friend of RGHT scheme and £933 (2024: £2,066) was received from trustees via the patron scheme.” — page 34
“The Charity holds 1 share of £1 in its wholly owned trading subsidiary company, Greenwich Heritage Trading Limited which is incorporated in the United Kingdom (company number 09021486).” — page 29
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Alexandria Palamountain
- Cllr Jo Van den Broek
- Dr Nigel Mark Fletcher
- Dr Stella Vera Frances Butler
- Elisabeth Karen Morgan
- Henrietta Billings MRTPI FRSA
- Jenny Louise White
- Philip Croall
- Tomas David Vaughan King
- WILLIAM THOMAS EDGERLEY
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £977k | £1.1m |
| 31/03/2024 | £1.4m | £986k |
| 31/03/2023 | £978k | £1.3m |
| 31/03/2022 | £1.0m | £1.2m |
| 31/03/2021 | £1.5m | £969k |
Common questions
Is ROYAL BOROUGH OF GREENWICH HERITAGE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net expenditure of £92,114 for the year, though a small surplus of £6,754 was achieved when excluding designated fund expenditures. Free unrestricted reserves stood at £49,926, which is below the trustees' stated ideal target of £125,000, although the charity maintains sufficient cash to cover three months of operational costs. Its FY2025 accounts were audited by Saffery LLP.
What does the highest-paid employee of ROYAL BOROUGH OF GREENWICH HERITAGE TRUST earn?
Per its FY2025 accounts, the highest-paid employee was in the £60,001 - £70,000 band, and 1 employees earned over £60,000.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| City Bridge Foundation | 24/05/2022 | £4k | Grant to Royal Greenwich Heritage Trust |
| UK government | 01/04/2022 | £5k | Charlton Garden House, Charlton Road, Charlton SE7 8RE |
| UK government | 01/04/2021 | £9k | Charlton Garden House, Charlton Road, Charlton SE7 8RE |
| UK government | 05/01/2021 | £2k | Charlton House, London |
| UK government | 05/01/2021 | £9k | Charlton House, London |
| UK government | 01/04/2020 | £10k | ALB-HISTORIC ENGLAND - Charlton House Gardens, Charlton Road, Charlton SE7 8RE |
| UK government | 01/04/2020 | £50k | ALB-Historic England-Greenwich Celebrating Our Heritage (Covid-19 Emergency Response Fund) |
| UK government | 01/04/2019 | £24k | Charlton Garden House, Charlton Road, Charlton SE7 8RE |
| The National Lottery Heritage Fund | 06/02/2019 | £95k | "Meet the Collection - a pop-up museum and archive expedition across Royal Borough of Greenwich" |
| The National Lottery Heritage Fund | 10/05/2017 | £161k | "A Resilient Future for Greenwich Heritage" |
| The National Lottery Heritage Fund | 09/10/2015 | £68k | "Making Woolwich - The Royal Regiment of Artillery in Woolwich 1716-2016: New Gallery, New Approach" |
| The National Lottery Heritage Fund | 08/07/2015 | £59k | "Here Come the Girls - Women in Wartime, 1915-18 a touring museum project" |