Markshall Estate
Financial health, per its FY2024 accounts
The accounts state that the Group reported a deficit of £527,907 for the year ended 31 December 2024, driven by adverse weather affecting visitor numbers and increased costs. To address cash flow issues, the Charity Commission approved the release of £945,000 from permanent endowments, and the Board implemented a recovery plan involving staff reductions and outsourcing to achieve a balanced budget in 2025.
What the accounts disclose
“One employee earned in excess of £60,000 (2023 - no employees).” — page 33
“One employee earned in excess of £60,000 (2023 - no employees).” — page 33
“The Board agreed that it was not sustainable for Markshall to continue operating at a deficit and continuing to draw down permanent endowment funds. As a result the Board approved a recovery plan with the aim of having a balanced budget in 2025.” — page 12
“The Charity has taken advantage of the exemption provided by the related party criteria of FRS 102 not to disclose transactions between group companies where the subsidiary is wholly owned within the group. During the year there were no further related party transactions.” — page 43
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- The Markshall Estate Company Limited
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £1.1m | £1.6m |
| 31/12/2023 | £1.4m | £2.2m |
| 31/12/2022 | £1.7m | £2.3m |
| 31/12/2021 | £1.3m | £1.7m |
| 31/12/2020 | £1.0m | £1.2m |
Common questions
Is Markshall Estate financially healthy?
The accounts state that the Group reported a deficit of £527,907 for the year ended 31 December 2024, driven by adverse weather affecting visitor numbers and increased costs. To address cash flow issues, the Charity Commission approved the release of £945,000 from permanent endowments, and the Board implemented a recovery plan involving staff reductions and outsourcing to achieve a balanced budget in 2025. Its FY2024 accounts were audited by Sumer Auditco Limited.
What does the highest-paid employee of Markshall Estate earn?
Per its FY2024 accounts, the highest-paid employee was in the £60,001 - £70,000 band, and 1 employees earned over £60,000.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 15/10/2009 | £50k | "Moving through Trees" |