THE CLOCKWORKS CHARITABLE INCORPORATED ORGANISATION

Registered charity 1192875 · accounts filings on the Charity Commission register · also known as THE CLOCKWORKS CIO

The Charity promotes and advances public awareness in horology, specifically practical and theoretical electrical timekeeping, through access to its collection of timepieces and through the encouragement of related research for educational and training purposes.

Objects

THE OBJECTS OF THE CIO ARE:(1) TO ADVANCE PUBLIC EDUCATION IN ALL ASPECTS OF PRACTICAL AND THEORETICAL ELECTRICAL TIMEKEEPING, AND HOROLOGY IN GENERAL(2) THE ESTABLISHMENT AND MAINTENANCE OF A COLLECTION OF TIMEPIECES AVAILABLE FOR PUBLIC DISPLAY AND TEACHING PURPOSES(3) TO STUDY THE HISTORY, PRESERVATION AND CONSERVATION OF RELEVANT OBJECTS AND TO ENCOURAGE THE PUBLICATION OF BOOKS AND PAPERS FOR RESEARCH AND TRAINING PURPOSES (4) TO MAINTAIN A REPAIR AND CONSERVATION CAPABILITY AIMED AT PRESERVING THE ORIGINALITY AND INTEGRITY OF THE IN-HOUSE COLLECTION AND OTHER CLOCKS

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

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

Latest income
£28k
Latest spending
£27k
Registered
2020
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that unrestricted funds increased to £2,078,496, driven significantly by investment gains. The trustees maintain a reserves policy of covering three to six months of expenditure, and the current unrestricted fund balance is well above this target. The charity reported no employees and no trustee remuneration, indicating a volunteer-led structure with low operational costs.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Investments (99% of income)
“Included within this figure are increases in the market value of investments totalling £182,334.”
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: three to six months’ expenditure (held: £2.1m)
“During the year, reserves were held to cover between at least three and six months’ expenditure at any one time.” — page 4
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Property (HM Land Registry)

2 registered titles in England and Wales held by the charity’s company or corporate body (0 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Structured financials (annual return, FY ending 31/12/2023)

Total income
£819k
Total spending
£28k
Cost of raising funds
£8k
Reserves (reported)
£33k
Employees
0

Per its annual return, largest income source: Donations and legacies (98% 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: 1.0% of total income.

Trustees · trustee networks

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

Operates in: Northern Ireland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£28k£27k
31/12/2023£819k£28k
31/12/2022£16k£21k
31/12/2021£1.0m£11k

Common questions

Is THE CLOCKWORKS CHARITABLE INCORPORATED ORGANISATION financially healthy?

Per its FY2024 accounts: The accounts state that unrestricted funds increased to £2,078,496, driven significantly by investment gains. The trustees maintain a reserves policy of covering three to six months of expenditure, and the current unrestricted fund balance is well above this target. The charity reported no employees and no trustee remuneration, indicating a volunteer-led structure with low operational costs. Its FY2024 accounts were independently examined.