THE PICTON CASTLE TRUST

Registered charity 519693 · accounts filings on the Charity Commission register

To preserve Picton Castle and Gardens for the public benefit. To protect and improve the amenities of Picton. To facilitate and encourage access to and the study and appreciation of Picton, the Gardens and collections. The castle and gardens are open 7 days a week all year.

Objects

TO PRESERVE FOR THE PUBLIC BENEFIT THE WHOLE OR SUCH PART OR PARTS OF PICTON AS SHALL OR MAY HEREAFTER BE VESTED IN THE CHARITY OR IN RESPECT OF WHICH THE CHARITY SHALL HAVE ANY INTEREST AND WHICH ARE OF NATIONAL SCENIC HISTORIC ARCHITECTURAL AESTHETIC SCIENTIFIC OR ARTISTIC INTEREST OR IMPORTANCE. FOR FURTHER DETAILS SEE CLAUSE 4 OF TRUST DEED.

Area of benefit: NOT DEFINED

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Arts/culture/heritage/science · Environment/conservation/heritage · website · Get email alerts

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net deficit of £55,692 for the year ended 31 December 2024, driven by a decrease in incoming resources to £450,325 from £606,986 in the prior year. Despite the operational loss, the charity holds substantial unrestricted funds of £3,902,076, supported by significant investment assets valued at £1,069,982. The trustees note a challenging financial position due to rising costs and declining visitor numbers, but the independent auditors confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Accounts audited by Llewelyn Davies. Discloses 5 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

• Bullying and harassment policy and procedures
• Complaints policy and procedures
• Conflicting interests
• Internal charity financial controls policy and procedures
• Investing charity funds policy and procedures
• Risk management
• Safeguarding policy and procedures
• Safeguarding vulnerable beneficiaries
• Serious incident reporting policy and procedures
• Social media policy and procedures
• Volunteer management

Public profiles (found on the charity’s own website): facebook · instagram

Structured financials (annual return, FY ending 31/12/2023)

Reported reserves equal ~1.9 months of spending — in the bottom quarter for charities its size (median 7.1 months; benchmarks).

Per its annual return, largest income source: Charitable activities (49% 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: 10.4% of total income — in the top quarter for charities its size (median 3.0%) (benchmarks).

Trustees · trustee networks

• Christopher Leigh Athertonchair · trustee of 3 other charities
• Charles William Manning Carter · trustee of 1 other charity
• Christina Margaret Shand · trustee of 1 other charity
• Nicola Jane Philipps · trustee of 1 other charity
• TIMOTHY CHARLES ARTHUR · trustee of 2 other charities

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

Operates in: Throughout Wales

Income and spending

Common questions

Government & lottery funding

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