MUSEUM OF TIMEKEEPING
Museum of Timekeeping holds for public benefit a collection and library to inspire and promote public understanding and appreciation of horology and the history, science, art and craft of timekeeping, by collecting, documenting, preserving, exhibiting and interpreting a collection and library to promote public enjoyment and understanding through exhibitions, public & educational programmes.
Objects
TO PROVIDE FOR THE ADVANCEMENT OF PUBLIC EDUCATION IN THE HISTORY, ART, CRAFT AND SCIENCE OF HOROLOGY AND TIMEKEEPING
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure of £1,444 for the year, resulting in unrestricted funds decreasing from £26,337 to £24,893. Revenue streams were restricted following the termination of all staff contracts, leading to a 36% reduction in revenues, although direct costs were reduced by approximately 81%. The trustees anticipate that the reduction in revenue will be reversed in forthcoming periods.
What the accounts disclose
“The British Horological Institute Limited by guarantee (BHI Limited) is a company related to the charity. During the year the Charity incurred support costs (which includes use of BHI Limited's property to house the collection, and other recharges) to BHI Limited totalling £16,825 (2024 - £51,330). The charity received £15,000 (2024 - £15,000) from BHI Limited for access to the museum for it's members and students, which was unpaid at the year end. This is included within other debtors.” — page 15
Year-over-year changes
- Going concern: going-concern doubt noted (FY2024) → no going-concern doubt (FY2025).
Policies the charity declares
- Bullying and harassment policy and procedures
- 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
- Paying staff
- Risk management
- Safeguarding policy and procedures
- 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
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/12/2025
- Volunteers: 22
Self-declared on the annual return for the financial year ending 31/12/2024
- Volunteers: 11
Self-declared on the annual return for the financial year ending 31/12/2023
- Volunteers: 12
Property (HM Land Registry)
Register events
- Received assets from another charity (15/10/2020)
- Received assets from another charity (28/07/2019)
Trustees
- Brian Powellchair
- Arthur Jan Wright
- Gary Martyn Williams
- JAMES ARNFIELD
- Reginald John Griffths
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £26k | £28k |
| 31/12/2024 | £47k | £147k |
| 31/12/2023 | £46k | £136k |
| 31/12/2022 | £40k | £126k |
| 31/12/2021 | £44k | £94k |
Common questions
Is MUSEUM OF TIMEKEEPING financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net expenditure of £1,444 for the year, resulting in unrestricted funds decreasing from £26,337 to £24,893. Revenue streams were restricted following the termination of all staff contracts, leading to a 36% reduction in revenues, although direct costs were reduced by approximately 81%. The trustees anticipate that the reduction in revenue will be reversed in forthcoming periods. Its FY2025 accounts were independently examined.
Who funds MUSEUM OF TIMEKEEPING?
Funders whose own accounts filings name MUSEUM OF TIMEKEEPING as a grant recipient include ASSOCIATION OF INDEPENDENT MUSEUMS.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| ASSOCIATION OF INDEPENDENT MUSEUMS | FY2022 | £300 | Modes Training Support Costs |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| KUSUMA TRUST UK | 2 | £92k |
| THE JULIA RAUSING TRUST | 1 | £900k |
| The Ethos Foundation | 1 | £526k |
| THE FOYLE FOUNDATION | 1 | £500k |
| THE HEADLEY TRUST | 1 | £450k |
| THE MASTER CHARITABLE TRUST | 1 | £325k |
| THE FIDELITY UK FOUNDATION | 1 | £237k |
| THE JOHN R. MURRAY CHARITABLE TRUST | 1 | £55k |
Charities like this
- TENBY MUSEUM AND ART GALLERY
- MUSEUM OF HOMELESSNESS
- Bexhill Museum
- THE ANTIQUARIAN HOROLOGICAL SOCIETY
- THE TOWCESTER MUSEUM
- MUSEUM OF BRANDS
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| MUSEUM OF TIMEKEEPING | £26k | — | 0 | unclear | — | no doubt |
| TENBY MUSEUM AND ART GALLERY | £93k | — | 0 | unclear | — | no doubt |
| MUSEUM OF HOMELESSNESS | £314k | — | 0 | below | — | no doubt |
| Bexhill Museum | £322k | — | 0 | unclear | — | noted |
| THE ANTIQUARIAN HOROLOGICAL SOCIETY | £188k | — | 0 | unclear | — | no doubt |
| THE TOWCESTER MUSEUM | £36k | — | 0 | unclear | — | no doubt |