THE ARKWRIGHT SOCIETY LIMITED

Registered charity 515526 · accounts filings on the Charity Commission register

The Arkwright Society is a registered charity concerned with the education and conservation of Industrial Heritage at the Cromford Mills site, and is part of the Derwent Valley Mill World Heritage Site.

Causes: Education/training · Environment/conservation/heritage · website · Get email alerts

Latest income
£2.5m
Latest spending
£2.5m
Registered
1985
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net surplus of £12,350 for the year, but holds negative free reserves of £705,280 due to unrestricted funds being invested in fixed assets and net current liabilities. The auditor has identified a material uncertainty regarding the charity's ability to continue as a going concern, citing the negative free reserves and reliance on securing future grant and donation income.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Highest-paid employee band: £60,001 - £70,000 — below the median for charities its size (£70k)
“In the band £60,001 - £70,000 1” — page 41
Per its FY2025 accounts as filed with the Charity Commission.
Reserves position: below the charity's own stated reserves policy (held: £1.6m; policy: three months operating costs)
“the free reserves of the charity, being those reserves available to the Trustees for future commitment can be seen to be negative. Net current liabilities are £235,533 represented by unrestricted funds of £705,280”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Loan from President
“During 2013 the Duke of Devonshire, the President of the charity, made a loan to the charity of £35,000, £10,000 remained payable as at 31 March 2025 and 2024. The loan is interest free.” — page 57
“During the year H Bishop, a Trustee, used the charity's shop to sell some goods to the value of £nil (2024: £30)... The income was received by the charity and then passed on to the Trustee.” — page 57
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Trustee sales
“During 2013 the Duke of Devonshire, the President of the charity, made a loan to the charity of £35,000, £10,000 remained payable as at 31 March 2025 and 2024. The loan is interest free.” — page 57
“During the year H Bishop, a Trustee, used the charity's shop to sell some goods to the value of £nil (2024: £30)... The income was received by the charity and then passed on to the Trustee.” — page 57
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Key management family remuneration
“During 2013 the Duke of Devonshire, the President of the charity, made a loan to the charity of £35,000, £10,000 remained payable as at 31 March 2025 and 2024. The loan is interest free.” — page 57
“During the year H Bishop, a Trustee, used the charity's shop to sell some goods to the value of £nil (2024: £30)... The income was received by the charity and then passed on to the Trustee.” — page 57
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Cromford Mill Limited
“The investment comprises 100% of the share capital of Cromford Mill Limited, the charity's trading subsidiary.” — page 46
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by BHP LLP. Discloses 5 of 6 completeness components.

Property (HM Land Registry)

10 registered titles in England and Wales held by the charity’s company or corporate body (8 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

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

Total income
£2.5m
Total spending
£2.5m
Cost of raising funds
£644k
Reserves (reported)
£0
Employees
51

Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Charitable activities (57% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 25.6% of total income — in the top quarter for charities its size (median 5.2%) (benchmarks).

Trustees · trustee networks

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

Operates in: Derbyshire

Income and spending

Financial year endIncomeSpending
31/03/2025£2.5m£2.5m
31/03/2024£2.1m£1.9m
31/03/2023£1.5m£1.9m
31/03/2022£1.5m£1.6m
31/03/2021£1.9m£1.4m

Common questions

Is THE ARKWRIGHT SOCIETY LIMITED financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a net surplus of £12,350 for the year, but holds negative free reserves of £705,280 due to unrestricted funds being invested in fixed assets and net current liabilities. The auditor has identified a material uncertainty regarding the charity's ability to continue as a going concern, citing the negative free reserves and reliance on securing future grant and donation income. Its FY2025 accounts were audited by BHP LLP.

What does the highest-paid employee of THE ARKWRIGHT SOCIETY LIMITED earn?

Per its FY2025 accounts, the highest-paid employee was in the £60,001 - £70,000 band.

Who funds THE ARKWRIGHT SOCIETY LIMITED?

Funders whose own accounts filings name THE ARKWRIGHT SOCIETY LIMITED as a grant recipient include THE HEADLEY TRUST.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
THE HEADLEY TRUSTFY2025£65kTowards improving poor rainwater disposal, drainage and urgent works to the Grade I listed Cromford Mills complex.

Government & lottery funding

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

FunderDateAmountPurpose
The National Lottery Heritage Fund26/06/2025£1.4m"Cromford Mills - Celebrating Heritage, creating a sustainable future"
The National Lottery Heritage Fund25/09/2023£250k"Cromford Mills: innovation and sustainability for a brighter future"
UK government01/04/2023£2kCromford Mill Building 18, Matlock
The National Lottery Heritage Fund20/12/2022£250k"Cromford Mills - sustaining the spirit of revolution"
The National Lottery Heritage Fund08/06/2020£250k"COVID19:The Arkwright Society"
The National Lottery Heritage Fund19/04/2018£183k"Cromford Mills – An Enterprising Future, Inspired by an Enterprising Past"
The National Lottery Heritage Fund18/05/2017£60k"Lumsdale Revived - a Volunteering Partnership"
The National Lottery Heritage Fund19/03/2014£79k"Explore Lumsdale"
The National Lottery Heritage Fund17/09/2009£4.2m"The Cromford Mills Creative Cluster and World Heritage Site Gateway Project"
The National Lottery Heritage Fund06/06/2007£48k"Stone by Stone"
The National Lottery Heritage Fund23/12/2005£25k"The Young Roots Wall"
The National Lottery Heritage Fund28/03/2001£1.8m"Cromford Heritage Project"
The National Lottery Heritage Fund04/08/1998£57k"Slinter Cottage, Bonsall - Restoration"

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with CROMFORD STEAM RALLY SOCIETY.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE ARKWRIGHT SOCIETY LIMITED£2.5m£60,001 - £70,000—below—no doubt
CROMFORD STEAM RALLY SOCIETY FY2024£176k—0unclear—no doubt
The Society of Merchant Venturers Youth Endowment Fund FY2025£131k—0unclear—no doubt
BROOKLANDS MUSEUM TRUST LIMITED FY2024£5.7m——unclear—no doubt
Worcestershire Cricket Foundation FY2025£821k—0unclear—no doubt
SOCIAL ARK FY2025£284k—0unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.