PAINSHILL PARK TRUST LIMITED
Historic 18th Century Landscape Park
Financial health, per its FY2024 accounts
The accounts state that the charity incurred a substantial deficit, resulting in negative unrestricted reserves of £31,390. The trustees acknowledge the financial position is not sustainable and have identified a material uncertainty regarding the ability to continue as a going concern, citing strain on cash flow from a potential £500,000 liability. However, they maintain that a strategic plan for cost savings and restructuring will restore the financial position.
What the accounts disclose
“Raising funds 11% (2023: 9%)” — page 20
“we aim to maintain a contingency reserve of approximately 3 months of annual operating expenses.” — page 8
“For the year ended 31 December 2024, Painshill Park Limited, the wholly owned subsidiary of the Charity, made a gift aid payment of £124,716 (2023: £156,458) to the Charity. As shown in the debtors note, at the year end the subsidiary owed the Charity £100,717 (2023: £95,901).” — page 32
“The Charity's wholly owned subsidiary, Painshill Enterprises Limited, was established to operate the retail gift shop, the Hamilton tearoom and other trading activities.” — page 10
Corporate structure
- Registered company of the charity Companies House 01587910
- Trading subsidiary: PAINSHILL ENTERPRISES LIMITED Companies House 03680839
- Turnover: £782k
- Profit/loss before tax: £131k
- Equity: £1
- Turnover: £824k
- Profit before tax: £125k
- Amounts owed to group undertakings: £100,717 (2023: £95,901)
Company officers (Companies House)
- HOWARD, Christine Jane on trustee list
- BIGGS, Sue-Anne Hilbre on trustee list
- CLINTON, Clare Jade Collingwood on trustee list
- PEARCE, Peter Huxley on trustee list
- PEARSON, Henry James on trustee list
- ARNOULD, Kirsten on trustee list
- HINGLEY, Christopher David on trustee list
- KAPADIA, Shweta Ramesh on trustee list
- CRITCHLOW, Christopher Allan, His Honour on trustee list
- LAMPORT, Stephen Mark Jeffrey, Sir on trustee list
- KELLY, Peter James on trustee list
- KELLY, Peter James
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Sir Stephen Lamportchair
- Christine Jane Howard
- Christopher David Hingley
- Clare Jade Collingwood Clinton
- Henry James Pearson
- His Honour Christopher Critchlow
- Kirsten Arnould
- Peter James Kelly
- Peter Pearce
- SHWETA KAPADIA
- Sue-Anne Hilbre Biggs
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £2.5m | £3.0m |
| 31/12/2023 | £2.2m | £2.4m |
| 31/12/2022 | £2.8m | £3.3m |
| 31/12/2021 | £2.3m | £2.3m |
| 31/12/2020 | £2.2m | £1.6m |
Common questions
Is PAINSHILL PARK TRUST LIMITED financially healthy?
Per its FY2024 accounts: The accounts state that the charity incurred a substantial deficit, resulting in negative unrestricted reserves of £31,390. The trustees acknowledge the financial position is not sustainable and have identified a material uncertainty regarding the ability to continue as a going concern, citing strain on cash flow from a potential £500,000 liability. However, they maintain that a strategic plan for cost savings and restructuring will restore the financial position. Its FY2024 accounts were audited by Lewis Brownlee (Chichester) Limited.
Who funds PAINSHILL PARK TRUST LIMITED?
Funders whose own accounts filings name PAINSHILL PARK TRUST LIMITED as a grant recipient include THE FIDELITY UK FOUNDATION, THE STEVENSON FAMILY'S CHARITABLE TRUST, THE EDGAR E LAWLEY FOUNDATION, THE BELLASIS TRUST, THE IAN ASKEW CHARITABLE TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE FIDELITY UK FOUNDATION | FY2024 | £48k | A new CRM, an integrated sales system and new hardware to improve data collection and analysis to support increased earned and philanthropic income. |
| THE STEVENSON FAMILY'S CHARITABLE TRUST | FY2023 | £5k | Conservation and Heritage |
| THE EDGAR E LAWLEY FOUNDATION | FY2022 | £2k | |
| THE BELLASIS TRUST | FY2022 | £1k | |
| THE IAN ASKEW CHARITABLE TRUST | FY2023 | £1k | |
| THE IAN ASKEW CHARITABLE TRUST | FY2022 | £1k | Grant |
| THE STEVENSON FAMILY'S CHARITABLE TRUST | FY2022 | £1k | Conservation and Heritage |
| CHAPMAN CHARITABLE TRUST | FY2022 | £1k | |
| THE BELLASIS TRUST | FY2023 | £750 | |
| THE IAN ASKEW CHARITABLE TRUST | FY2025 | £500 | Conservation Fund |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 22/06/2020 | £250k | "COVID19 Painshill Park Trust Ltd" |
| The National Lottery Community Fund | 27/03/2020 | £10k | Delivering and developing our volunteer programme at Painshill |
| The National Lottery Heritage Fund | 18/12/2018 | £52k | "Putting in place ongoing fundraising programmes to tackle financial sustainability" |
| The National Lottery Heritage Fund | 02/12/2009 | £779k | "Grotto Restoration - Education Project" |
| The National Lottery Heritage Fund | 10/10/2003 | £49k | "Co-ordination of Archive Material of Painshill" |
| The National Lottery Heritage Fund | 01/07/2003 | £50k | "Displays, Signage and Interpretation for Painshill" |
| The National Lottery Heritage Fund | 16/09/2002 | £50k | "Painshill Park - Repairs & Volunteer Co-ordination" |
| The National Lottery Heritage Fund | 14/06/1999 | £1.2m | "Painshill Park Education & Visitor Buildings" |
| The National Lottery Heritage Fund | 06/07/1998 | £257k | "Painshill Park Buildings, Cobham - Development Study" |
| The National Lottery Heritage Fund | 21/05/1996 | £848k | "Painshill Park, Cobham - Development of Access, Visitor Centre and Landscape Works" |