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GRIMSTHORPE AND DRUMMOND CASTLE TRUST LIMITED

Registered charity 507478 · accounts filings on the Charity Commission register

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Latest income
£4.3m
Latest spending
£4.1m
Registered
1978
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that total net assets increased to £47,608,615, with free unrestricted reserves of £9,117,447. The charity reported a net gain of £295,015 for the year, driven by investment gains, and the auditors confirmed there are no material uncertainties regarding its ability to continue as a going concern.

What the accounts disclose

Highest-paid employee band: £80,001 - £90,000 — above the median for charities its size (£78k)
“In the band £80,001 - £90,000 1”
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: £100,000 (held: £9.1m)
“a notional figure of £100,000 has been agreed as the minimum Ievel of free reserves of the charity on the basis that would enable the charity to continue with all essential costs in the case of a short term emergency.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Maintenance services provided by Drummond Estates (Director's trading name)
“In addition at Drummond, Drummond Estates (Lady Willoughby de Eresby trading as) has been contracted to carry out a small amount of maintenance work and provide services to the Company, all such work being charged on a commercial basis.” — page 48
“In addition, the wife of Lt. Col S St M Miller was employed by the Trust. Mrs E Miller was remunerated for her role as archivist for the Trust and was paid within the banding of £30,000-£35,000”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Remuneration of Mrs E Miller (Trustee's wife)
“In addition at Drummond, Drummond Estates (Lady Willoughby de Eresby trading as) has been contracted to carry out a small amount of maintenance work and provide services to the Company, all such work being charged on a commercial basis.” — page 48
“In addition, the wife of Lt. Col S St M Miller was employed by the Trust. Mrs E Miller was remunerated for her role as archivist for the Trust and was paid within the banding of £30,000-£35,000”
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Streets Audit LLP. Discloses 5 of 6 completeness components.

Structured financials (annual return, FY ending 31/03/2025)

Total income
£4.3m
Total spending
£4.1m
Reserves (reported)
£9.1m
Employees
52

Reported reserves equal ~26.6 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Lincolnshire · Scotland

Income and spending

Financial year endIncomeSpending
31/03/2025£4.3m£4.1m
31/03/2024£3.8m£3.5m
31/03/2023£8.2m£3.9m
31/03/2022£3.0m£4.1m
31/03/2021£2.6m£2.8m

Common questions

Is GRIMSTHORPE AND DRUMMOND CASTLE TRUST LIMITED financially healthy?

The accounts state that total net assets increased to £47,608,615, with free unrestricted reserves of £9,117,447. The charity reported a net gain of £295,015 for the year, driven by investment gains, and the auditors confirmed there are no material uncertainties regarding its ability to continue as a going concern. Its FY2025 accounts were audited by Streets Audit LLP.

What does the highest-paid employee of GRIMSTHORPE AND DRUMMOND CASTLE TRUST LIMITED earn?

Per its FY2025 accounts, the highest-paid employee was in the £80,001 - £90,000 band.

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
The National Lottery Heritage Fund05/03/2004£37k"The Ancaster Archive"
The National Lottery Heritage Fund12/02/2001£225k"Pair of Eighteenth-Century English Chinoiserie Chairs, Acquisition"