THE BRITISH ENGINEERIUM TRUST LIMITED
Operates and maintains a museum and a wellbeing centre. Displaying artefacts and providing information associated with engineering and machinery as well as activities focused on building happier communities.
Financial health, per its FY2025 accounts
The accounts state that the charity's unrestricted fund balance is overdrawn by £6,439, resulting in a total net asset deficit of £1,152. However, the trustees report that current income generation is sufficient to cover ongoing costs and the deficit, with no material uncertainties regarding going concern. Reserves policy is currently under review following the liquidation of a subsidiary and site renovations.
What the accounts disclose
“During the year ended 2023 Risk Capital Limited, of which Luke Johnson has control, loaned the charity £10,791. The remaining toan balance as of 31 March 2025 is £8,991.” — page 15
Trustees
- Anne Elizabeth Ackord
- Jessica Blain
- Luke Johnson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £248k | £241k |
| 31/03/2024 | £251k | £256k |
| 31/03/2023 | £92k | £128k |
| 31/03/2022 | £90k | £107k |
| 31/03/2021 | £37k | £114k |
Common questions
Is THE BRITISH ENGINEERIUM TRUST LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity's unrestricted fund balance is overdrawn by £6,439, resulting in a total net asset deficit of £1,152. However, the trustees report that current income generation is sufficient to cover ongoing costs and the deficit, with no material uncertainties regarding going concern. Reserves policy is currently under review following the liquidation of a subsidiary and site renovations. Its FY2025 accounts were independently examined.