THE ILFRACOMBE MUSEUM TRUST CIO

Registered charity 1169969 · accounts filings on the Charity Commission register · also known as ILFRACOMBE MUSEUM

Museum and Archive for Ilfracombe

Causes: General Charitable Purposes · Education/training · Arts/culture/heritage/science · website · Get email alerts

Latest income

£39k

Latest spending

£54k

Registered

2016

Accounts read

FY2024

Financial health, per its FY2024 accounts

The accounts state that unrestricted reserves declined to £20,850 from £35,362 in the prior year, resulting in a net expenditure of £14,457. The trustees report a continued decline in income despite rising visitor numbers and note that the charity is currently reliant on a temporary lease extension to continue operations. While cash reserves remain positive, the charity faces ongoing financial pressure from rising costs and the need to secure new revenue streams.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Property (HM Land Registry)

1 registered title in England and Wales held by the charity’s company or corporate body (0 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Register events

Received assets from another charity (15/01/2019) — per the register’s event history; asset transfers typically record mergers or reorganisations.

Trustees · trustee networks

Nick Mollartchair
David John Welch
Frances Joan Down
Grace Scott
Jane D'Silva Dendle
Jane Elizabeth Monger
Lucy Aldridge
Lynn Elaine Scott
Stacey Lee Ferguson

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout England

Income and spending

Financial year end	Income	Spending
31/12/2024	£39k	£54k
31/12/2023	£42k	£60k
31/12/2022	£40k	£50k
31/12/2021	£43k	£67k
31/12/2020	£58k	£48k

Common questions

Is THE ILFRACOMBE MUSEUM TRUST CIO financially healthy?

Per its FY2024 accounts: The accounts state that unrestricted reserves declined to £20,850 from £35,362 in the prior year, resulting in a net expenditure of £14,457. The trustees report a continued decline in income despite rising visitor numbers and note that the charity is currently reliant on a temporary lease extension to continue operations. While cash reserves remain positive, the charity faces ongoing financial pressure from rising costs and the need to secure new revenue streams. Its FY2024 accounts were independently examined.

Who funds THE ILFRACOMBE MUSEUM TRUST CIO?

Funders whose own accounts filings name THE ILFRACOMBE MUSEUM TRUST CIO as a grant recipient include ASSOCIATION OF INDEPENDENT MUSEUMS.

Known funders

Grants to this charity found in funders’ own accounts filings.

Funder	Year	Amount	Purpose (as stated by the funder)
ASSOCIATION OF INDEPENDENT MUSEUMS	FY2022	£150	Attendance of the AIM fundraising course

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

Funder	Date	Amount	Purpose
The National Lottery Heritage Fund	01/12/1998	£83k	"Ilfracombe Museum Refurbishment & Access Project"