THE SOCIETY OF ANTIQUARIES OF NEWCASTLE UPON TYNE
The study, investigation, description and preservation of antiquities and historical records in general and those of the historic counties of Northumberland and Durham and the historic City and County of Newcastle upon Tyne in particular.
Financial health, per its FY2024 accounts
The accounts state that the charity made an operating deficit on unrestricted funds of £13,157, driven by reduced investment income and membership losses. However, unrestricted reserves remain substantial at £841,622, providing a significant financial cushion. The Trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The Trustees’ policy in the medium term is that the Society should seek to live within its annual income from activities, subscriptions and income from its investments in the Capital Fund. Its policy is to maintain the real value of the Capital Fund in the medium term and only to spend income and capital in a way which is compatible with this.” — page 8
“During the year a research grant of £2,000 was paid to New Visions Heritage Limited, a company in which one of the Trustees is a director. The research grants scheme is open to all and decisions are based on a set of criteria. The Trustee concerned took no part in the decision making process and will gain no personal pecuniary benefit from the grant.” — page 30
Register events
- Received assets from another charity (27/01/2021)
Trustees
- Don O'Mearachair
- Charles Terence Dodds
- DEREK CUTTS
- David Howard Heslop
- Dr Nicholas Hodgson
- GEOFFREY WOODWARD
- Katie Coralee Mountain
- Lindsay Allason-Jones
- Marta Alberti-Dunn
- Michael Barke
- Professor ROBERT COLLINS
- Professor Simon David Pallett
- RICHARD PEARS
- ROGER WILLIAM FERN
- SUSAN WARD
- Sarah Elizabeth Florence Collins
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £68k | £80k |
| 31/12/2023 | £56k | £70k |
| 31/12/2022 | £60k | £65k |
| 31/12/2021 | £56k | £64k |
| 31/12/2020 | £0 | £0 |
Common questions
Is THE SOCIETY OF ANTIQUARIES OF NEWCASTLE UPON TYNE financially healthy?
Per its FY2024 accounts: The accounts state that the charity made an operating deficit on unrestricted funds of £13,157, driven by reduced investment income and membership losses. However, unrestricted reserves remain substantial at £841,622, providing a significant financial cushion. The Trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 23/08/2016 | £7k | "Unlocking the Archives: Digitising, transcribing and interpreting local 18th century documents" |
| The National Lottery Heritage Fund | 29/10/2012 | £30k | "Society of Antiquaries Bicentenary Exhibition (Without Whom: 200 Years of Antiquarian Endeavour)" |
| The National Lottery Heritage Fund | 31/12/2003 | £8k | "Newcastle Castle Keep Development - PPG" |
| The National Lottery Heritage Fund | 14/06/2002 | £68k | "Society of Antiquaries of Newcastle Upon Tyne - Archives for All" |