SOUTHWOLD MUSEUM & HISTORICAL SOCIETY
TO ADVANCE EDUCATION FOR THE PUBLIC BENEFIT IN LOCAL HISTORYTHE PROVISION, MAINTENANCE AND ADMINISTRATION OF A MUSEUM IN BUILDINGS LOCATED ON A SITE AT 9 -11 VICTORIA STREET, SOUTHWOLD, SUFFOLK IP18 6HZ FOR THE RECEPTION AND DISPLAY OF OBJECTS OF ANTIQUITY, CURIOSITY, RARITY OR LOCAL INTEREST.
Financial health, per its FY2025 accounts
The accounts state that unrestricted funds total £380,000, invested in COIF funds, with a surplus of £3,498 for the year. The trustees report the society is in good financial shape, though they note the urgent need for expensive roof repairs and declining membership.
What the accounts disclose
“In accordance with the Museum’s Policy 12 (Financial Reserves) the minimum that must be maintained as a reserve for unforeseen circumstances at 1 January, 2026, is £34,978.” — page 5
Trustees
- John Richard Nickell-Lean TDchair
- Andrew Wallington-Smith
- Barbara Badrick
- Catherine Elizabeth Fox
- Catherine Mary Schling
- David Euan Murdoch
- Josephine Diana Flunder
- Miriam Wells
- Professor Lawrence Neil Goldman
- Richard Mallett
- STEPHEN WELLS
- Simon Piers Loftus
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £107k | £104k |
| 31/12/2024 | £286k | £285k |
| 31/12/2023 | £14k | £13k |
| 31/12/2022 | £18k | £16k |
| 31/12/2021 | £11k | £9k |
Common questions
Is SOUTHWOLD MUSEUM & HISTORICAL SOCIETY financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted funds total £380,000, invested in COIF funds, with a surplus of £3,498 for the year. The trustees report the society is in good financial shape, though they note the urgent need for expensive roof repairs and declining membership. Its FY2025 accounts were independently examined.