THE NATIONAL TRUST FOR PLACES OF HISTORIC INTEREST OR NATURAL BEAUTY
To look after places of historic interest or natural beauty permanently for the benefit of the nation across England, Wales and Northern Ireland.
Objects
THE PRESERVATION FOR THE BENEFIT OF THE NATION OF LANDS AND TENEMENTS (INCLUDING BUILDINGS) OF BEAUTY OR HISTORIC INTEREST AND, AS REGARDS LANDS, FOR THE PRESERVATION (AS FAR AS PRACTICABLE) OF THEIR NATURAL ASPECT, FEATURES AND ANIMAL AND PLANT LIFE. ALSO THE PRESERVATION OF FURNITURE, PICTURES AND CHATTELS OF ANY DESCRIPTION HAVING NATIONAL AND HISTORIC OR ARTISTIC INTEREST. (FOR FURTHER DETAILS SEE THE NATIONAL TRUST ACTS, 1907 TO 1971).
Financial health, per its FY2025 accounts
The accounts state that the Trust ended the year in a solid financial position with total income of £766.2 million and total expenditure of £824.4 million, resulting in a net decrease in funds. The Trust holds total unrestricted funds of £447.2 million, which significantly exceed its stated operating margin target of 20% of operating income, indicating strong liquidity and capacity to fund conservation projects.
What the accounts disclose
“Fundraising costs of £7.8m include the costs associated with our total fundraising income of c. £123m.” — page 14
“Achieving a margin of 20% means that for every 80 pence we spend on operating activities we aim to generate at least £1 of income so that at least 20 pence is available to fund capital projects, maintenance and conservation tasks at our properties, implement our strategy and strengthen our reserves.”
“The National Trust owns 100% of the share capital of The National Trust (Enterprises) Limited, Historic House Hotels Limited and National Trust (Renewable Energy) Limited.” — page 108
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 28/02/2025
- Volunteers: 42,590
- Government income: £38,663,000 — grants £38,663,000 (21); 5% of the £766,195,000 total gross income on the same return
- Employees paid over £60,000: 252 (£60,001–£70,000: 147; £70,001–£80,000: 57; £80,001–£90,000: 16; £90,001–£100,000: 9; £100,001–£110,000: 11; £110,001–£120,000: 7; £120,001–£130,000: 2; £130,001–£140,000: 2; £200,001–£250,000: 1)
- Has a trading subsidiary
Self-declared on the annual return for the financial year ending 29/02/2024
- Volunteers: 40,000
- Government income: £21,190,000 — grants £21,190,000 (803); 3% of the £723,814,000 total gross income on the same return
- Employees paid over £60,000: 210 (£60,001–£70,000: 123; £70,001–£80,000: 46; £80,001–£90,000: 14; £90,001–£100,000: 7; £100,001–£110,000: 11; £110,001–£120,000: 2; £120,001–£130,000: 4; £130,001–£140,000: 2; £200,001–£250,000: 1)
- Has a trading subsidiary
Self-declared on the annual return for the financial year ending 28/02/2023
- Volunteers: 40,000
- Government income: £22,344,000 — grants £22,344,000 (725); 3% of the £671,076,000 total gross income on the same return
- Employees paid over £60,000: 149 (£60,001–£70,000: 80; £70,001–£80,000: 29; £80,001–£90,000: 8; £90,001–£100,000: 17; £100,001–£110,000: 6; £110,001–£120,000: 8; £120,001–£130,000: 1)
- Has a trading subsidiary
Public-sector contracts awarded
| Buyer | Contract | Awarded | Value |
|---|---|---|---|
| National Highways Limited | SEDPS-NH-0020-Biodiversity Unit Feasibility 2025/26 - Lot 10 | 13/01/2026 | £520k |
| National Highways Limited | SEDPS-NH-0020-Biodiversity Unit Feasibility 2025/26 - Lot 9 | 13/01/2026 | £134k |
| National Highways Limited | SEDPS-NH-0020-Biodiversity Unit Feasibility 2025/26 - Lot 8 | 13/01/2026 | £46k |
UK research funding (UKRI Gateway to Research)
Property (HM Land Registry)
Structured financials (annual return, FY ending 28/02/2025)
Register events
- Received assets from another charity (12/06/2024)
- Received assets from another charity (22/05/2024)
- Received assets from another charity (22/05/2024)
- Received assets from another charity (09/01/2023)
- Received assets from another charity (18/11/2022)
Trustees
- Alexander Robert Nairne CBE FSA
- Dame Anna Lisbet Rausing DBE
- Denise Nichola Jagger
- Helen Mary Browning OBE DL
- Maninder Grimshaw
- Michael Salter-Church MBE
- Patrick Adam Fernesley Figgis
- Paul Roberts
- Rene H Olivieri CBE
- Richard Hethersett Huntington
- Scott Damon Beaumont
- Zarin Homi Patel
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 28/02/2025 | £766.2m | £824.4m |
| 29/02/2024 | £723.8m | £767.7m |
| 28/02/2023 | £671.1m | £733.3m |
| 28/02/2022 | £643.3m | £591.9m |
| 28/02/2021 | £507.7m | £514.5m |
Common questions
Is THE NATIONAL TRUST FOR PLACES OF HISTORIC INTEREST OR NATURAL BEAUTY financially healthy?
Per its FY2025 accounts: The accounts state that the Trust ended the year in a solid financial position with total income of £766.2 million and total expenditure of £824.4 million, resulting in a net decrease in funds. The Trust holds total unrestricted funds of £447.2 million, which significantly exceed its stated operating margin target of 20% of operating income, indicating strong liquidity and capacity to fund conservation projects. Its FY2025 accounts were audited by KPMG LLP.
Who funds THE NATIONAL TRUST FOR PLACES OF HISTORIC INTEREST OR NATURAL BEAUTY?
Funders whose own accounts filings name THE NATIONAL TRUST FOR PLACES OF HISTORIC INTEREST OR NATURAL BEAUTY as a grant recipient include THE VINEHILL TRUST, THE ORR MACKINTOSH FOUNDATION LIMITED, THE PENNIES FOUNDATION, THE MEDLOCK CHARITABLE TRUST, JOHN ANDREWS CHARITABLE TRUST.
Known funders
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 13/08/2026 | £29k | "Beyond the walls: developing a community-led vision for Wentworth Castle’s historic walled garden" |
| The National Lottery Heritage Fund | 24/06/2026 | £993k | "#LC Shropshire Hills Landscape Connections" |
| The National Lottery Heritage Fund | 15/04/2026 | £205k | "Explore Mottistone: A Gateway to the Isle of Wight’s Coastal Heritage" |
| The National Lottery Community Fund | 27/03/2026 | £24k | Tyfu gyda Natur / Growing with Nature |
| The National Lottery Heritage Fund | 09/12/2025 | £1.1m | "#LC Mourne Gullion Landscape Connections" |
| Sport England | 07/11/2025 | £2.5m | National Trust Partnership |
| The National Lottery Heritage Fund | 27/10/2025 | £43k | "#COED6 Glan Faenol : Ymestyn Gwreiddiau - Spreading Roots" |
| ARCADIA | 08/10/2025 | £1.3m | Towards the restoration of the historic parkland at Tatton Park |
| The National Lottery Heritage Fund | 25/09/2025 | £245k | "Midlands Nature Accelerator Project" |
| The National Lottery Heritage Fund | 10/09/2025 | £157k | "The Nature & Nurture Hub: Arlington" |
| The National Lottery Heritage Fund | 12/06/2025 | £282k | "Reconnecting Scotney" |
| The National Lottery Heritage Fund | 01/04/2025 | £292k | "NT Project 2025" |
| Postcode Lottery | 25/02/2025 | £1.1m | Regular Grant 2025 |
| ARCADIA | 22/02/2025 | £11k | Towards a patronage |
| ARCADIA | 31/01/2025 | £117k | Towards Hedgerow planting |
| The National Lottery Heritage Fund | 15/01/2025 | £239k | "Keys to the Castle – Unlocking Bodiam’s Past, Present and Future" |
| Foundation Scotland | 07/01/2025 | £10k | Seaton Delaval Rose Garden |
| UK government | 18/11/2024 | £1.6m | Sandilands Biodiversity Enhancement |
| The National Lottery Heritage Fund | 17/09/2024 | £237k | "Reconnecting the Rooms" |
| UK government | 28/08/2024 | £150k | NCF: FFTN - Stage 1 National Trust |
| UK government | 15/08/2024 | £23k | Conservation and Enhancement Scheme |
| UK government | 15/08/2024 | £21k | Conservation and Enhancement Scheme |
| UK government | 15/08/2024 | £18k | Conservation and Enhancement Scheme |
| UK government | 02/07/2024 | £117k | Hosting Material Paint History: Developing a cross section of National Trust collection & interiors scientific samples. |
| City Bridge Foundation | 28/06/2024 | £91k | Grant to National Trust Morden Hall Park |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE BRITISH COUNCIL | 1 | £1.9m |
| THE HELEN HAMLYN TRUST | 1 | £404k |
| THE ARCHITECTURAL HERITAGE FUND | 1 | £43k |
| THE HEADLEY TRUST | 1 | £20k |
| THE PAUL BASSHAM CHARITABLE TRUST | 1 | £17k |
| THE WIGHT AID FOUNDATION | 1 | £2k |
Charities like this
- INTERNATIONAL NATIONAL TRUSTS ORGANISATION
- THE HERITAGE TRUST FOR THE NORTH WEST
- NORWICH PRESERVATION TRUST LIMITED
- BADGWORTHY TRUST FOR THE PRESERVATION OF EXMOOR
- NATURAL ENTERPRISE LTD
- FENWICK CHARITABLE TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE NATIONAL TRUST FOR PLACES OF HISTORIC INTEREST OR NATURAL BEAUTY | £766.2m | — | — | unclear | 6.3% | no doubt |
| INTERNATIONAL NATIONAL TRUSTS ORGANISATION | £1.1m | — | — | unclear | — | no doubt |
| THE HERITAGE TRUST FOR THE NORTH WEST | £2.1m | £60,001 - £70,000 | 1 | above | — | no doubt |
| NORWICH PRESERVATION TRUST LIMITED | £119k | — | 0 | unclear | — | no doubt |
| BADGWORTHY TRUST FOR THE PRESERVATION OF EXMOOR | £109k | — | 0 | unclear | — | no doubt |
| NATURAL ENTERPRISE LTD | £753k | — | 0 | unclear | — | no doubt |