FORNCETT INDUSTRIAL STEAM MUSEUM
museum open to public for their education.
Objects
TO ADVANCE THE EDUCATION OF THE PUBLIC IN ALL ASPECTS OF THE DEVELOPMENT OF GREAT BRITAIN'S INDUSTRIAL HERITAGE THROUGH THE PROVISION AND MAINTENANCE OF A MUSEUM AND BY THE PRESERVATION,MAINTENANCE AND DEMONSTRATION OF ITS COLLECTIONS OF STEAM POWERED ENGINES FROM THE BEGINNING OF THE INDUSTRIAL REVOLUTION TO THE 21ST CENTURY. THE COLLECTIONS ARE TO BE PRESERVED FOR LONG TERM PUBLIC BENEFIT.
Financial health, per its FY2025 accounts
The accounts state that the charity holds unrestricted reserves of £516,374, which is above its stated policy target of holding no more than one year’s operating costs. The charity reports a net incoming resource surplus of £3,932 for the year and has no paid staff, relying entirely on volunteers. There are no disclosed material uncertainties or going concern issues.
What the accounts disclose
“To hold no more than one year’s operating costs in reserve.” — page 5
Policies the charity declares
- Complaints handling
- 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
- 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
- Miranda Lucy Ellis-Marchantchair
- DANIEL ANTHONY MARSHALL-BULL
- David James Baker
- Dr ROWAN FRANCIS MBBS FRCA
- MARCUS HOWES
- Neal John Davis JP
- TARYN EVERDEEN
- Tom Forster
- myles paul Jeeves
- myles paul Jeeves
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/04/2025 | £28k | £32k |
| 30/04/2024 | £16k | £13k |
| 30/04/2023 | £14k | £14k |
| 30/04/2022 | £24k | £43k |
| 30/04/2021 | £24k | £12k |
Common questions
Is FORNCETT INDUSTRIAL STEAM MUSEUM financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds unrestricted reserves of £516,374, which is above its stated policy target of holding no more than one year’s operating costs. The charity reports a net incoming resource surplus of £3,932 for the year and has no paid staff, relying entirely on volunteers. There are no disclosed material uncertainties or going concern issues.