THE OLIVE MATTHEWS COLLECTION
The CIO achieves its objectives by renting The Cedars, a Grade II listed Regency town house in Chertsey, to Runnymede Borough Council under a long-term agreement. The Council runs a local history museum from The Cedars known as Chertsey Museum. Under the agreement the Council curates, stores and displays items from the collection. The CIO pays the Council a contribution towards its costs.
Financial health, per its FY2025 accounts
The charity reported a net movement in funds of a £124,803 decrease for the year ended 31 March 2025, driven largely by a £137,014 loss on assets, despite an operating profit of £12,211. Total unrestricted reserves stood at £3,876,034, with £215,454 held in the general fund available for unrestricted use. The trustees confirmed the charity is a going concern, citing sufficient working capital and cash holdings of £314,060.
What the accounts disclose
“The charity relies on income from investments £31,787 (2024: £33,607) and rental income £162,122 (2024: £184,439).” — page 9
“The trustees aim to maintain reserves in unrestricted and undesignated funds at a level which the trustees consider will provide sufficient funds to fund the charity’s activities and to cover support and governance costs.” — page 10
Property (HM Land Registry)
Register events
- Received assets from another charity (13/06/2022)
Trustees
- Timothy John Hardestychair
- Estrella Diane De Glanville
- Gerald John Drake
- JANET ELIZABETH WOOD
- Richard Thomas Jones
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £194k | £182k |
| 31/03/2024 | £218k | £185k |
| 31/03/2023 | £217k | £164k |
| 31/03/2022 | £166k | £189k |
Common questions
Is THE OLIVE MATTHEWS COLLECTION financially healthy?
Per its FY2025 accounts: The charity reported a net movement in funds of a £124,803 decrease for the year ended 31 March 2025, driven largely by a £137,014 loss on assets, despite an operating profit of £12,211. Total unrestricted reserves stood at £3,876,034, with £215,454 held in the general fund available for unrestricted use. The trustees confirmed the charity is a going concern, citing sufficient working capital and cash holdings of £314,060. Its FY2025 accounts were independently examined.