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.
Objects
THE OBJECTS OF THE SOCIETY ARE:3.1 TO ADVANCE EDUCATION FOR THE PUBLIC BENEFIT IN LOCAL HISTORY, ARCHAEOLOGY AND NATURAL HISTORY WITH SPECIAL REFERENCE TO SOUTHWOLD AND ITS NEIGHBOURHOOD, IN PARTICULAR BY PROVIDING LECTURES, EDUCATIONAL TRIPS AND BY PROMOTING RESEARCH IN THE FIELDS DESCRIBED AND TO PUBLISH THE USEFUL RESULTS OF SUCH RESEARCH.3.2 THE PROVISION, MAINTENANCE AND ADMINISTRATION OF A MUSEUM (HEREINAFTER “THE 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
Policies the charity declares
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Volunteer management
Funders the charity credits
- Heritage Lottery Fund
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.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE GOLSONCOTT FOUNDATION | 2 | £9k |
| THE DICKINSON FAMILY CHARITABLE TRUST | 1 | £177k |
| THE HEADLEY TRUST | 1 | £150k |
| THE FOYLE FOUNDATION | 1 | £100k |
| PAUL AND LOUISE COOKE ENDOWMENT | 1 | £51k |
| THE PILGRIM TRUST | 1 | £37k |
| Friends of the Nations' Libraries | 1 | £18k |
| THE HOBSON CHARITY LIMITED | 1 | £10k |
Charities like this
- SOLE BAY ARTS C.I.O.
- THE SUSSEX ARCHAEOLOGICAL SOCIETY
- THE SALISBURY AND SOUTH WILTSHIRE MUSEUM TRUST
- SAFFRON WALDEN MUSEUM SOCIETY LIMITED
- THE SOUTH WEST HERITAGE TRUST
- THE SUFFOLK HISTORIC CHURCHES TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| SOUTHWOLD MUSEUM & HISTORICAL SOCIETY | £107k | — | 0 | unclear | — | no doubt |
| SOLE BAY ARTS C.I.O. | £243k | — | 0 | above | — | no doubt |
| THE SUSSEX ARCHAEOLOGICAL SOCIETY | £1.6m | — | 0 | below | — | no doubt |
| THE SALISBURY AND SOUTH WILTSHIRE MUSEUM TRUST | £1.8m | — | 0 | unclear | — | no doubt |
| SAFFRON WALDEN MUSEUM SOCIETY LIMITED | £136k | — | 0 | above | — | no doubt |
| THE SOUTH WEST HERITAGE TRUST | £5.2m | — | — | unclear | 2.1% | no doubt |