PK PORTHCURNO

Registered charity 1189090 · accounts filings on the Charity Commission register · also known as THE PK TRUST

PK Porthcurno preserves the important historic buildings and collections relating to the telegraph station at Porthcurno. It educates the general public about the history of the telegraph station and provides internationally significant archive and research resources for study of the history of international telecommunications.

Causes: Arts/culture/heritage/science · website · Get email alerts

Latest income
£969k
Latest spending
£1.1m
Registered
2020
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that unrestricted reserves stood at £3,068,286, significantly exceeding the trustees' stated policy target of £125,000. Although the charity reported a net expenditure for the year, it holds substantial net assets of £5,116,262 and maintains a healthy cash position, with the trustees confirming no material uncertainties regarding its ability to continue as a going concern.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: £125,000 (held: £3.1m)
“The target reserves are £125,000.” — page 10
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: CEO & Creative Director has use of accommodation in Mercury House as part of the terms of her employment contract.
“CEO & Creative Director has use of accommodation in Mercury House as part of the terms of her employment contract.” — page 28
“Spouse of the CEO & Creative Director. Transactions totalling £2,590 (2024: £5,809) took place during the year in relation to exhibition research and curation and some employment.” — page 36
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Spouse of the CEO & Creative Director. Transactions totalling £2,590 (2024: £5,809) took place during the year in relation to exhibition research and curation and some employment.
“CEO & Creative Director has use of accommodation in Mercury House as part of the terms of her employment contract.” — page 28
“Spouse of the CEO & Creative Director. Transactions totalling £2,590 (2024: £5,809) took place during the year in relation to exhibition research and curation and some employment.” — page 36
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Porthcurno Enterprises Limited
“Some of these activities are carried out through a subsidiary company, Porthcurno Enterprises Limited, which donates its profits to the Trust.” — page 9
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by RRL LLP. Discloses 4 of 6 completeness components.

Funders the charity credits

Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).

Public profiles (found on the charity’s own website): facebook · instagram

Structured financials (annual return, FY ending 31/03/2025)

Total income
£969k
Total spending
£1.1m
Cost of raising funds
£242k
Reserves (reported)
£140k
Employees
27

Reported reserves equal ~1.5 months of spending — in the bottom quarter for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Other trading activities (53% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 25.0% of total income — in the top quarter for charities its size (median 4.9%) (benchmarks).

Register events

Trustees · trustee networks

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

Operates in: Cornwall

Income and spending

Financial year endIncomeSpending
31/03/2025£969k£1.1m
31/03/2024£731k£999k
31/03/2023£649k£886k
31/03/2022£1.5m£920k
31/03/2021£376k£378k

Common questions

Is PK PORTHCURNO financially healthy?

Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £3,068,286, significantly exceeding the trustees' stated policy target of £125,000. Although the charity reported a net expenditure for the year, it holds substantial net assets of £5,116,262 and maintains a healthy cash position, with the trustees confirming no material uncertainties regarding its ability to continue as a going concern. Its FY2025 accounts were audited by RRL LLP.

Government & lottery funding

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

FunderDateAmountPurpose
UK government10/05/2021£16kCulture Recovery Fund - Grants programme
The National Lottery Heritage Fund17/08/2020£29k"COVID19:PK Porthcurno"