SOCIETY OF ANTIQUARIES OF LONDON
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £729,655 for the year, resulting in a free reserves deficit of £725,971. The trustees note that unrestricted reserves have diminished in recent years and are actively working to better align income with the cost base to address this issue.
What the accounts disclose
“The free reserves deficit at year-end of £725,971 (2024: surplus of £1,287,011) resulted from the unrestricted funds deficit for the year plus payment of £1.125m for the first instalment of the Burlington House lease purchase. The normal target for free reserves is three months expenditure of the Unrestricted Fund is £519,968 (2024: £363,072).” — page 23
Year-over-year changes
- Reserves position vs the charity's own policy moved from "above" (FY2024) to "below" (FY2025).
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (07/04/2026)
- Received assets from another charity (25/02/2025)
Trustees
- Prof Martin Millettchair
- Dr ANDREW SEAMAN
- Dr CAROL BELL
- Dr Dustin McKinley Frazier Wood
- Dr Elizabeth Hallam-Smith
- Dr Kenneth Brophy
- Dr Samantha Lucy
- Dr Stewart Bryant
- Dr Thomas Williams
- Professor Anthony Joseph Musson
- Professor Jennifer Susan Alexander
- Shahina Farid
- Timothy Loughton
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £2.6m | £3.7m |
| 31/03/2024 | £3.1m | £3.7m |
| 31/03/2023 | £2.5m | £3.1m |
| 31/03/2022 | £2.4m | £2.6m |
| 31/03/2021 | £3.4m | £2.3m |
Common questions
Is SOCIETY OF ANTIQUARIES OF LONDON financially healthy?
The accounts state that the charity reported a net deficit of £729,655 for the year, resulting in a free reserves deficit of £725,971. The trustees note that unrestricted reserves have diminished in recent years and are actively working to better align income with the cost base to address this issue. Its FY2025 accounts were audited by Moore Kingston Smith LLP.
Who funds SOCIETY OF ANTIQUARIES OF LONDON?
Funders whose own accounts filings name SOCIETY OF ANTIQUARIES OF LONDON as a grant recipient include THE NATIONAL MANUSCRIPTS CONSERVATION TRUST, THE ROSE FOUNDATION, THE ROYAL ARCHAEOLOGICAL INSTITUTE, EDWARD HARVIST (ALSO KNOWN AS THE HARVIST ESTATE).
Known funders
| Funder | Year | Amount |
|---|---|---|
| THE NATIONAL MANUSCRIPTS CONSERVATION TRUST | FY2024 | £18k |
| THE ROSE FOUNDATION | FY2023 | £5k |
| THE ROYAL ARCHAEOLOGICAL INSTITUTE | FY2024 | £2k |
| THE ROYAL ARCHAEOLOGICAL INSTITUTE | FY2023 | £2k |
| THE ROYAL ARCHAEOLOGICAL INSTITUTE | FY2022 | £2k |
| EDWARD HARVIST (ALSO KNOWN AS THE HARVIST ESTATE) | FY2025 | £1k |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 06/11/2024 | £123k | "Magna Carta 1225 - 2025" |
| The National Lottery Heritage Fund | 17/01/2024 | £197k | "Threads of the Past - Restoring William Morris's Tapestry Room" |
| The National Lottery Heritage Fund | 14/12/2022 | £77k | "Sensing History at the Society of Antiquaries" |
| The National Lottery Heritage Fund | 27/07/2020 | £40k | "COVID19: Society of Antiquaries of London" |
| The National Lottery Heritage Fund | 03/11/2016 | £10k | "Kings, Queens and Collections at the Society of Antiquaries of London" |
| The National Lottery Heritage Fund | 26/07/2016 | £4.6m | "KELMSCOTT AND MORRIS: PAST, PRESENT AND FUTURE" |
| The National Lottery Heritage Fund | 03/03/2016 | £8k | "Enlightenment: 300 years of discovery at the Society of Antiquaries of London" |
| The National Lottery Heritage Fund | 10/12/2014 | £72k | "Magna Carta Through the Ages" |
| The National Lottery Heritage Fund | 09/07/2014 | £62k | "Enabling the Society of Antiquaries of London to become more publicly accessible" |
| The National Lottery Heritage Fund | 07/06/2013 | £10k | "Develop individual giving and fundraising capacity for Kelmscott Manor" |
| The National Lottery Heritage Fund | 18/03/2008 | £297k | "The Making History Touring Exhibition 2008/2009" |