SHEFFIELD MUSEUMS TRUST
Registered charity 1194032 · accounts filings on the Charity Commission register
The advancement of education by the establishment and maintenance of museums and galleries in Sheffield. The care, management, display and development of collections including the collection of Sheffield City Council.
Causes: Arts/culture/heritage/science · website · Get email alerts
Financial health, per its FY2025 accounts
The accounts state that the charity reported a consolidated unrestricted operating deficit of £140k and an overall loss on unrestricted funds of £64k for the year ended 31 March 2025. Per the trustees' report, free reserves stood at £922k, which remains above the stated target threshold of £600k, supported by a healthy cash balance of £2,290k.
Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.
What the accounts disclose
Reserves policy: £600k (held: £922k)
“At 31 March 2025, the Trustees determined that, based on the assessment of principal risks, an appropriate target level for free reserves was £600k.” — page 39
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: SGMT Enterprises Limited
“The consolidated financial statements of Sheffield Museums Trust include the results of SGMT Enterprises Limited, a wholly owned subsidiary.” — page 59
Per its FY2025 accounts as filed with the Charity Commission.
Accounts audited by BHP LLP. Discloses 4 of 6 completeness components.
Property (HM Land Registry)
4 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.
Public profiles (found on the charity’s own website): facebook · instagram
Structured financials (annual return, FY ending 31/03/2025)
Cost of raising funds
£774k
Reported reserves equal ~1.8 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).
Per its annual return, largest income source: Charitable activities (47% 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: 14.0% of total income — above the median for charities its size (5.2%) (benchmarks).
- Neil Andrew MacDonaldchair · trustee of 4 other charities
- Angus Patterson
- Benjamin Mark Miskell
- Catherine Mary MCDonald
- Daniel Ladbury
- Dr Julie Patricia Banham · trustee of 1 other charity
- Imogen Mary Sugrue Gamester
- Lindsey Tyson-Green
- Marie-Anne Nicole Elliot
- Martin Singer · trustee of 1 other charity
- Maxine Greaves MBE · trustee of 1 other charity
- PAUL CHRISTOPHER BLOMFIELD
- Patrick Abel
- Richard McGloin
- Stephan Hollingshead
Trustee list from the Charity Commission register (current, not historical).
Operates in: Sheffield City
Income and spending
Common questions
Is SHEFFIELD MUSEUMS TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a consolidated unrestricted operating deficit of £140k and an overall loss on unrestricted funds of £64k for the year ended 31 March 2025. Per the trustees' report, free reserves stood at £922k, which remains above the stated target threshold of £600k, supported by a healthy cash balance of £2,290k. Its FY2025 accounts were audited by BHP LLP.
Who funds SHEFFIELD MUSEUMS TRUST?
Funders whose own accounts filings name SHEFFIELD MUSEUMS TRUST as a grant recipient include THE J G GRAVES CHARITABLE TRUST.
Known funders
Grants to this charity found in funders’ own accounts filings.
Government & lottery funding
Grants to this charity published as open data by government and lottery funders (360Giving).
Funders of similar charities
Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.
Charities like this
Semantically similar by activities and financial character, from our analysed corpus. Compare with SHEFFIELD TOWN TRUST.
Side by side with its peers
Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.