GRIMSTHORPE AND DRUMMOND CASTLE TRUST LIMITED
The preservation and enhancement, for the public benefit, of Grimsthorpe Castle in Lincolnshire and Drummond Castle in Perthshire and their gardens and parkland together with the collections of art, furniture and the family and estate archives associated with the properties.
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
“In the band £80,001 - £90,000 1”
“Income from charitable activities - Grimsthorpe 3,203,258”
“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.”
“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”
“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”
Year-over-year changes
- Top pay band moved from £70,001 - £80,000 (FY2024) to £80,001 - £90,000 (FY2025).
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Sarah Troughtonchair
- BARONESS WILLOUGHBY DE ERESBY
- CAROLINE BUTLER
- HUGH PATRICK MATHESON
- RICHARD CALVOCORESSI CBE
- Roderick James Nugent Stewart
- SEBASTIAN MILLER
- SIR MARK JONES
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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?
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. 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
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 05/03/2004 | £37k | "The Ancaster Archive" |
| The National Lottery Heritage Fund | 12/02/2001 | £225k | "Pair of Eighteenth-Century English Chinoiserie Chairs, Acquisition" |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE MCCORQUODALE CHARITABLE TRUST | 1 | £2k |
| THE LORD FARINGDON CHARITABLE TRUST | 1 | £1k |
Charities like this
- PEMBROKE CASTLE TRUST
- ARUNDEL CASTLE TRUSTEES LIMITED
- SNODHILL CASTLE PRESERVATION TRUST
- BURGHLEY HOUSE PRESERVATION TRUST LIMITED
- THE NOSTELL TRUST
- THE ROUGHAM ESTATE TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| GRIMSTHORPE AND DRUMMOND CASTLE TRUST LIMITED | £4.3m | £80,001 - £90,000 | — | unclear | — | no doubt |
| PEMBROKE CASTLE TRUST | £1.5m | — | 0 | above | — | no doubt |
| ARUNDEL CASTLE TRUSTEES LIMITED | £5.7m | — | — | unclear | — | no doubt |
| SNODHILL CASTLE PRESERVATION TRUST | £110k | — | 0 | above | — | no doubt |
| BURGHLEY HOUSE PRESERVATION TRUST LIMITED | £17.7m | over £60,000 | 10 | unclear | — | no doubt |
| THE NOSTELL TRUST | £156k | — | 0 | unclear | — | no doubt |