BISHOP'S STORTFORD MUSEUM AND ARTS CIO
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £25,816 for the year ended 31 March 2025, resulting in total funds of £3,494,517. The trustees report a healthy freely available cash balance of £452,416, which represents approximately four months of expenditure cover. The charity relies significantly on grant income from Bishop’s Stortford Town Council, which is secured under a Service Level Agreement until March 2028.
What the accounts disclose
“A trustee, Michelle Brinklow is a director of SFB Consulting Limited, which provided HR advice to the charity amounting to £4,188 (2024: £3,540). There are no other related party transactions to note.” — page 70
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (27/06/2024)
Trustees
- Deirdre Glasgow
- Dr Sarah Patricia Tatham
- Elizabeth Jane Phillips
- Graham Pettit
- Jonathan Gregory
- Michelle Brinklow
- Steven Connors
- Teresa Di Falco
- Yvonne Roger Estop
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.3m | £1.3m |
| 31/03/2024 | £1.1m | £1.1m |
| 31/03/2023 | £999k | £1.0m |
| 31/03/2022 | £5.0m | £715k |
| 31/03/2021 | £0 | £0 |
Common questions
Is BISHOP'S STORTFORD MUSEUM AND ARTS CIO financially healthy?
The accounts state that the charity reported a net deficit of £25,816 for the year ended 31 March 2025, resulting in total funds of £3,494,517. The trustees report a healthy freely available cash balance of £452,416, which represents approximately four months of expenditure cover. The charity relies significantly on grant income from Bishop’s Stortford Town Council, which is secured under a Service Level Agreement until March 2028. Its FY2025 accounts were audited by Price Bailey LLP.