THE PALACE TRUST
Latest income
£2.2m
Latest spending
£2.1m
Registered
2015
Structured financials (annual return, FY ending 31/12/2025)
Total income
£2.2m
Total spending
£2.1m
Cost of raising funds
£975k
Reserves (reported)
£450k
Employees
61
Register events
- Received assets from another charity (22/07/2022)
Trustees
- Roger Haweschair
- Caroline Brawley
- Claire Revell
- Gregory Beedle
- Katharine Macdonald
- Michael Minta
- Natasha Hopkins
- Paul Richard Dickinson
- Right Rev Trevor Willmott
- Rt Revd Noel Michael Roy Beasley
- Sally Strachey
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £2.2m | £2.1m |
| 31/12/2024 | £2.0m | £1.8m |
| 31/12/2023 | £1.6m | £1.7m |
| 31/12/2022 | £1.5m | £1.6m |
| 31/12/2021 | £1.9m | £1.4m |
Common questions
Who funds THE PALACE TRUST?
Funders whose own accounts filings name THE PALACE TRUST as a grant recipient include THE MEDLOCK CHARITABLE TRUST, CLARK FOUNDATION.
Known funders
| Funder | Year | Amount |
|---|---|---|
| THE MEDLOCK CHARITABLE TRUST | FY2024 | £10k |
| CLARK FOUNDATION | FY2024 | £10k |
| THE MEDLOCK CHARITABLE TRUST | FY2023 | £10k |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 10/08/2020 | £250k | "COVID19: The Palace Trust" |
| The National Lottery Heritage Fund | 07/07/2016 | £10k | "The Dragon's Lair: improving children's engagement with The Bishop's Palace" |
| The National Lottery Heritage Fund | 04/12/2013 | £41k | "Created in Somerset: Celebrating church, craft and cultural heritage at The BishopÂ’s Palace" |
| The National Lottery Heritage Fund | 21/10/2013 | £10k | "Building a financially sustainable future for The Bishop's Palace through membership, major giving and legacies" |
| The National Lottery Heritage Fund | 11/03/2008 | £992k | "Assuring the Future" |
| The National Lottery Heritage Fund | 06/10/2005 | £48k | "Bishop's Palace - Assuring the Future" |