SHERBORNE HOUSE TRUST 2018
RESTORING, PRESERVING AND MAINTAINING SHERBORNE HOUSE, SHERBORNE, DORSET, INCLUDING THE THORNHILL MURALPROMOTING, AND ADVANCING THE EDUCATION OF THE PUBLIC IN, THE ARTS, INCLUDING (a) PROMOTING AND PROVIDING FACILITIES FOR PARTICIPATION IN THE ARTS; AND(b)FOSTERING AND PROMOTING THE IMPROVEMENT AND DEVELOPMENT OF ARTISTIC KNOWLEDGE,UNDERSTANDING AND APPRECIATION OF THE ARTS
Financial health, per its FY2025 accounts
The accounts state that the charity reported a surplus of £1,132,915 for the year ended 31 March 2025, with total net assets of £5,349,820. Per the trustees' report, unrestricted reserves excluding fixed assets totalled £200,629, which is below the stated policy target of three months of operating costs. The charity relies on committed financial support from Mrs Sally Cannon through March 2027 to ensure ongoing delivery of its activities.
What the accounts disclose
“One employee earned between £70,000 - £79,999 (2024 – none).” — page 25
“One employee earned between £70,000 - £79,999 (2024 – none).” — page 25
“The trustees will aim to maintain unrestricted reserves sufficient to cover three months of operating costs.” — page 8
“During the period, Sherborne House Trust 2018 received donations totalling £1,005,000 from The Cannon Foundation (2024 - £5,880,000), and £nil from Canprop I Limited (2024 - £1,510,000). The Cannon Foundation and Canprop I Limited are charities or companies under the control of individuals who are Trustees of Sherborne House Trust 2018.” — page 32
“In addition, Trustees (past and current) gave donations to the charity in the period totalling £3,121,358 (2024 - £3,970,000).” — page 32
“During the period, Sherborne House Trust 2018 received donations totalling £1,005,000 from The Cannon Foundation (2024 - £5,880,000), and £nil from Canprop I Limited (2024 - £1,510,000). The Cannon Foundation and Canprop I Limited are charities or companies under the control of individuals who are Trustees of Sherborne House Trust 2018.” — page 32
“In addition, Trustees (past and current) gave donations to the charity in the period totalling £3,121,358 (2024 - £3,970,000).” — page 32
“During the period, Sherborne House Trust 2018 received donations totalling £1,005,000 from The Cannon Foundation (2024 - £5,880,000), and £nil from Canprop I Limited (2024 - £1,510,000). The Cannon Foundation and Canprop I Limited are charities or companies under the control of individuals who are Trustees of Sherborne House Trust 2018.” — page 32
“In addition, Trustees (past and current) gave donations to the charity in the period totalling £3,121,358 (2024 - £3,970,000).” — page 32
“The charity has one incorporated subsidiary, Sherborne House Enterprises Limited (Company Number: 13270147).” — page 5
Year-over-year changes
- Employees paid over £60,000: 0 (FY2024) → 1 (FY2025).
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2025)
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £5.6m | £2.2m |
| 31/03/2024 | £11.5m | £519k |
| 30/06/2023 | £7.4m | £277k |
| 30/06/2022 | £4.3m | £99k |
| 30/06/2021 | £325k | £9k |
Common questions
Is SHERBORNE HOUSE TRUST 2018 financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a surplus of £1,132,915 for the year ended 31 March 2025, with total net assets of £5,349,820. Per the trustees' report, unrestricted reserves excluding fixed assets totalled £200,629, which is below the stated policy target of three months of operating costs. The charity relies on committed financial support from Mrs Sally Cannon through March 2027 to ensure ongoing delivery of its activities. Its FY2025 accounts were audited by Xeinadin Audit Limited.
What does the highest-paid employee of SHERBORNE HOUSE TRUST 2018 earn?
Per its FY2025 accounts, the highest-paid employee was in the £70,001 - £80,000 band, and 1 employees earned over £60,000.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE BANISTER CHARITABLE TRUST | 1 | £341k |
| THE JOHN R. MURRAY CHARITABLE TRUST | 1 | £205k |
| THE CHARLES SKEY CHARITABLE TRUST | 1 | £75k |
| THE BOWERMAN CHARITABLE TRUST | 1 | £27k |
| THE PILGRIM TRUST | 1 | £10k |
| THE BOLTINI TRUST | 1 | £8k |
| SIR ROBERT GEFFERY'S ALMSHOUSE TRUST | 1 | £6k |
| THE MCCORQUODALE CHARITABLE TRUST | 1 | £2k |
Charities like this
- THE SHERBORNE SCHOOL FOUNDATION
- PETHERTON ARTS TRUST LIMITED
- PETWORTH FESTIVAL
- NORTH CRAVEN BUILDING PRESERVATION TRUST
- NEWCASTLE ARTS CENTRE TRUST LTD
- THE CORNWALL HERITAGE TRUST LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| SHERBORNE HOUSE TRUST 2018 | £5.6m | £70,001 - £80,000 | 1 | unclear | — | no doubt |
| THE SHERBORNE SCHOOL FOUNDATION | £506k | — | — | unclear | — | no doubt |
| PETHERTON ARTS TRUST LIMITED | £153k | — | 0 | above | — | noted |
| PETWORTH FESTIVAL | £560k | — | 0 | above | — | no doubt |
| NORTH CRAVEN BUILDING PRESERVATION TRUST | £1.1m | — | 0 | unclear | — | no doubt |
| NEWCASTLE ARTS CENTRE TRUST LTD | £175k | — | 0 | unclear | — | no doubt |