AYSCOUGHFEE HALL AND GARDENS
Provision of a Museum and public gardens
Latest income
£475k
Latest spending
£475k
Registered
1984
Accounts read
FY2025
Financial health, per its FY2025 accounts
The accounts state that the Council delivered a balanced outturn for the 2024/25 financial year, with a General Fund underspend of £0.317m and an HRA underspend of £0.194m. Per the trustees' report, the Council holds adequate usable reserves of £40.508m and maintains a strong financial position to meet immediate obligations and future transformation plans.
What the accounts disclose
Employees paid over £60,000: 14
“The Council’s other employees receiving more than £50,000 remuneration for the year (excluding employer’s pension contributions) were paid the following amounts:” — page 85
Per its FY2025 accounts as filed with the Charity Commission.
Largest income source: Fees, charges, rents, and other service income (54% of income)
“A total of £32.930m was received from fees, charges, rents, and other service income (54% of total income).” — page 20
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: Adequate to withstand current pressures and invest in transformation projects (held: £40.5m)
“The current level of reserves held by the Council is considered adequate to withstand current pressures and to invest in transformation projects, but it would not be financially sustainable to rely on these reserves to continue to fund the reduction in Central Government funding.” — page 29
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Recharges for shared senior management staff from East Lindsey District Council and Boston Borough Council.
“South Holland District Council were charged by East Lindsey District Council £776,171 and by Boston Borough Council £335,272 for their share of these posts.” — page 88
“The Council has made loans totalling £6.546m with a fair value of £4.666m. These loans are categorised under Level 2 inputs and uses the income approach to establish fair value.” — page 75
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Loans to subsidiary Welland Homes Ltd.
“South Holland District Council were charged by East Lindsey District Council £776,171 and by Boston Borough Council £335,272 for their share of these posts.” — page 88
“The Council has made loans totalling £6.546m with a fair value of £4.666m. These loans are categorised under Level 2 inputs and uses the income approach to establish fair value.” — page 75
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Payments to local companies/charities where members have declared interests.
“South Holland District Council were charged by East Lindsey District Council £776,171 and by Boston Borough Council £335,272 for their share of these posts.” — page 88
“The Council has made loans totalling £6.546m with a fair value of £4.666m. These loans are categorised under Level 2 inputs and uses the income approach to establish fair value.” — page 75
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Precepts paid to parish and town councils.
“South Holland District Council were charged by East Lindsey District Council £776,171 and by Boston Borough Council £335,272 for their share of these posts.” — page 88
“The Council has made loans totalling £6.546m with a fair value of £4.666m. These loans are categorised under Level 2 inputs and uses the income approach to establish fair value.” — page 75
Per its FY2025 accounts as filed with the Charity Commission.
Pension scheme deficit: £3.8m
“The IAS 19 Balance Sheet position for the Council shows a reduced obligation and the net liability to the Council under IAS 19 pension deficit is higher in monetary terms at 31 March 2025.”
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Welland Homes Ltd, South Holland Local Housing Community Interest Company
“The Council has two wholly owned subsidiary companies, South Holland Local Housing Community Interest Company and Welland Homes Ltd.” — page 88
Per its FY2025 accounts as filed with the Charity Commission.
Register events
- Received assets from another charity (13/10/2021)
Trustees
- SOUTH HOLLAND DISTRICT COUNCIL
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £475k | £475k |
| 31/03/2024 | £498k | £498k |
| 31/03/2023 | £64k | £344k |
| 31/03/2022 | £351k | £351k |
| 31/03/2021 | £238k | £238k |
Common questions
Is AYSCOUGHFEE HALL AND GARDENS financially healthy?
Per its FY2025 accounts: The accounts state that the Council delivered a balanced outturn for the 2024/25 financial year, with a General Fund underspend of £0.317m and an HRA underspend of £0.194m. Per the trustees' report, the Council holds adequate usable reserves of £40.508m and maintains a strong financial position to meet immediate obligations and future transformation plans. Its FY2025 accounts were audited by KPMG.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 14/05/2014 | £9k | "Spalding Reflects" |
| The National Lottery Heritage Fund | 30/07/2010 | £23k | "South Holland History and Heritage translation" |
| The National Lottery Heritage Fund | 03/12/2001 | £743k | "Ayscoughfee Hall and Museum, Development for the 21st Century" |