YORKSHIRE MUSEUM OF FARMING LIMITED
To operate the business of the Yorkshire Museum of Farming Limited, the objects of which are to preserve for the benefit of the Nation, agricultural machinery, equipment, buildings, documents and livestock of educational and historical interest and to maintain and operate a museum for the purpose of exhibiting to the public such items of educational or historical interest.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net expenditure of £9,823 for the year, resulting in a decrease in total funds from £1,176,203 to £1,166,380. Per the trustees' report, free reserves stood at £276,839, which is above the stated policy target of three months of recurring overhead expenditure. The trustees confirm the charity is a going concern with adequate resources for the foreseeable future.
What the accounts disclose
“The committee of management consider an appropriate level of reserves to be 3 months recurring overhead expenditure on operations of the museum.”
“Craig Benton, a trustee, is sole director of Lork Limited. During the year £36,000 (2023: £36,000) was paid for consultancy fees Lork Limited.” — page 28
“The wife of Chris Downes, a trustee and Craig Benton, a trustee are also trustees of Derwent Valley Light Railway Society. During the year YMF services paid railway expenses of £240 (2023: £495).” — page 28
“Craig Benton, a trustee, is sole director of Lork Limited. During the year £36,000 (2023: £36,000) was paid for consultancy fees Lork Limited.” — page 28
“The wife of Chris Downes, a trustee and Craig Benton, a trustee are also trustees of Derwent Valley Light Railway Society. During the year YMF services paid railway expenses of £240 (2023: £495).” — page 28
“Craig Benton, a trustee, is sole director of Lork Limited. During the year £36,000 (2023: £36,000) was paid for consultancy fees Lork Limited.” — page 28
“The wife of Chris Downes, a trustee and Craig Benton, a trustee are also trustees of Derwent Valley Light Railway Society. During the year YMF services paid railway expenses of £240 (2023: £495).” — page 28
“The company holds 100% of the ordinary share capital of YMF Services Limited, a company incorporated in England.” — page 17
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Oliver Martyn Harding Edwardschair
- Captain RN Michael A James
- Chris Downes
- Craig Benton
- Diane Margaret Kemp
- JAMES FREDERICK STEPHENSON
- JOHN B MORRELL
- JULIAN CHRISTOPHER HOPWOOD
- JULIET DREWNIAK
- Louise Bowling
- Nicholas Rory Kemp
- Thomas Jeremy Stubbins
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £682k | £692k |
| 31/12/2023 | £667k | £616k |
| 31/12/2022 | £620k | £592k |
| 31/12/2021 | £562k | £465k |
| 31/12/2020 | £475k | £348k |
Common questions
Is YORKSHIRE MUSEUM OF FARMING LIMITED financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net expenditure of £9,823 for the year, resulting in a decrease in total funds from £1,176,203 to £1,166,380. Per the trustees' report, free reserves stood at £276,839, which is above the stated policy target of three months of recurring overhead expenditure. The trustees confirm the charity is a going concern with adequate resources for the foreseeable future. Its FY2024 accounts were independently examined.
Who funds YORKSHIRE MUSEUM OF FARMING LIMITED?
Funders whose own accounts filings name YORKSHIRE MUSEUM OF FARMING LIMITED as a grant recipient include ASSOCIATION OF INDEPENDENT MUSEUMS.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| ASSOCIATION OF INDEPENDENT MUSEUMS | FY2023 | £300 | AIM Training Grants |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 14/06/2012 | £61k | "'Feeding the Nation': A Celebration of the Women's Land Army" |
| The National Lottery Heritage Fund | 22/12/2006 | £45k | "A Way of Life', Farming Traditions in Yorkshire" |