THE CASTLE HOUSE TRUST
Art Museum open to the public
Objects
THE OBJECTS OF THE CHARITY SHALL BE FOR THE PROVISION AND MAINTENANCE OF AN ARTS MUSEUM AT CASTLE HOUSE, DEDHAM, FOR THE BENEFIT OF THE PUBLIC AND TO BE KNOWN AS THE SIR ALFRED MUNNING'S ART MUSEUM FOR THE PURPOSE OF THE PROVISION AND MAINTENANCE OF THE COLLECTION ("THE COLLECTION") OPEN TO THE PUBLIC OF THE WORKS OF ART MADE BY SIR ALFRED MUNNINGS AND, IN ADDITION, THE CONTENTS OF CASTLE HOUSE BEING CHATTELS, FURNITURE, EQUIPMENT AND INVESTMENTS TO BE USED AS THE NUCLEUS OF THE MUSEUM.
Financial health, per its FY2024 accounts
The accounts state that unrestricted funds total £2,340,863, providing a significant financial buffer. However, the trustees report a prospect of losing around one third of income upon the expiry of 'artist resale right' in 2029, noting that maintaining non-core land assets is currently more costly than the income they produce.
What the accounts disclose
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- 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
- Bryony Everard Maynard
- Charles Aldous KC
- Hugo Richard Lamond Parker
- Lady Vanessa Petronel Watson
- Michael John Parker
- ROBERT JAMES CAMPBELL JOHNSTON
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £187k | £291k |
| 31/12/2023 | £304k | £292k |
| 31/12/2022 | £259k | £228k |
| 31/12/2021 | £0 | £0 |
| 31/12/2020 | £0 | £0 |
Common questions
Is THE CASTLE HOUSE TRUST financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted funds total £2,340,863, providing a significant financial buffer. However, the trustees report a prospect of losing around one third of income upon the expiry of 'artist resale right' in 2029, noting that maintaining non-core land assets is currently more costly than the income they produce. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE FREELANDS FOUNDATION LIMITED | 1 | £160k |
| CRIPPLEGATE FOUNDATION | 1 | £40k |
| THE JOHN R. MURRAY CHARITABLE TRUST | 1 | £20k |
| THE AUSTIN AND HOPE PILKINGTON TRUST | 1 | £1k |
Charities like this
- CASTLE PARK TRUST
- PEMBROKE CASTLE TRUST
- ART WORKERS' GUILD TRUSTEES LTD
- SHERBORNE HOUSE TRUST 2018
- SENHOUSE MUSEUM TRUST
- THE CAISTER CASTLE TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE CASTLE HOUSE TRUST | £187k | — | 0 | unclear | — | no doubt |
| CASTLE PARK TRUST | £164k | — | 0 | above | — | no doubt |
| PEMBROKE CASTLE TRUST | £1.5m | — | 0 | above | — | no doubt |
| ART WORKERS' GUILD TRUSTEES LTD | £442k | — | 0 | above | — | no doubt |
| SHERBORNE HOUSE TRUST 2018 | £5.6m | £70,001 - £80,000 | 1 | unclear | — | no doubt |
| SENHOUSE MUSEUM TRUST | £131k | — | 0 | unclear | — | no doubt |