CANAL MUSEUM TRUST
To promote public awareness and knowledge of London waterways and to provide educational opportunities for young people at the museum. Also to preserve objects of historical interest for public benefit.
Objects
TO ADVANCE PUBLIC EDUCATION IN THE HISTORY AND USE OF INLAND WATERWAYS BY THE PRESERVATION AND DISPLAY FOR THE BENEFIT OF THE PUBLIC OBJECTS AND OTHER MATERIAL OF HISTORICAL OR OTHER INTEREST ASSOCIATED WITH INLAND WATERWAYS.
Financial health, per its FY2025 accounts
The accounts state that the charity achieved a net surplus of £40,078 for the year, with total income rising to £287,680. The trustees report that cumulative unrestricted reserves are very healthy at £460,012, which is significantly above the stated policy target of £75,000. The trustees confirm that the charity has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“The Trust's policy with respect to reserves to be held is to maintain a minimum of £75,000 of reserves as a contingency.” — page 3
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints 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
- 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 31/03/2025
- Volunteers: 84
Self-declared on the annual return for the financial year ending 31/03/2024
- Volunteers: 50
Self-declared on the annual return for the financial year ending 31/03/2023
- Volunteers: 32
Trustees
- MARTIN SACHchair
- Adam Usher
- Craig Nicholson
- Emily Katherine Durrant
- Lorraine Cornish
- MALCOLM TUCKER
- TIM LEWIS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £288k | £248k |
| 31/03/2024 | £256k | £187k |
| 31/03/2023 | £193k | £144k |
| 31/03/2022 | £196k | £99k |
| 31/03/2021 | £89k | £86k |
Common questions
Is CANAL MUSEUM TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity achieved a net surplus of £40,078 for the year, with total income rising to £287,680. The trustees report that cumulative unrestricted reserves are very healthy at £460,012, which is significantly above the stated policy target of £75,000. The trustees confirm that the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 05/12/2012 | £99k | "Ice Well Conservation 2100" |
| The National Lottery Heritage Fund | 02/10/2003 | £50k | "Education Development Officer" |
| The National Lottery Heritage Fund | 01/06/2001 | £5k | "This group runs the London Canal Museum, which tells the story of London's canals and their people. The group use the museum for a programme" |
| The National Lottery Heritage Fund | 08/12/2000 | £45k | "London Canal Museum Development Project" |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| M J CAMP CHARITABLE FOUNDATION | 2 | £631k |
| THE NINEVEH CHARITABLE TRUST | 2 | £8k |
| THE FIDELITY UK FOUNDATION | 1 | £384k |
| JOHN ELLERMAN FOUNDATION | 1 | £120k |
| THE WOODLAND TRUST | 1 | £85k |
| THE PORTRACK CHARITABLE TRUST | 1 | £15k |
| BRAMPTON CHARITABLE TRUST | 1 | £12k |
| THE BATCHWORTH TRUST | 1 | £10k |
Charities like this
- THE CHESTERFIELD CANAL TRUST LIMITED
- THE COTSWOLD CANALS TRUST
- THE CHICHESTER SHIP CANAL TRUST
- THE WEY AND ARUN CANAL TRUST LIMITED
- THE GRANTHAM CANAL SOCIETY
- THE TANK MUSEUM LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| CANAL MUSEUM TRUST | £288k | — | 0 | unclear | — | no doubt |
| THE CHESTERFIELD CANAL TRUST LIMITED | £1.0m | — | 0 | above | — | no doubt |
| THE COTSWOLD CANALS TRUST | £609k | — | — | unclear | — | no doubt |
| THE CHICHESTER SHIP CANAL TRUST | £77k | — | — | unclear | — | no doubt |
| THE WEY AND ARUN CANAL TRUST LIMITED | £816k | — | 0 | above | — | no doubt |
| THE GRANTHAM CANAL SOCIETY | £79k | — | 0 | unclear | — | no doubt |