THE BOWES MUSEUM

Charity number: 1079639
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

The Bowes Museum has an attractive programme of permanent and temporary displays and exhibitions, interpretation and educational events, special events, family activities and outreach work.

Income and expenditure

Data for financial year ending 31 March 2024

Total income:
£4,312,215

Text alternative for this canvas graphic is in the data table below.
Donations and legacies £397.38k
Charitable activities £2.06m
Other trading activities £945.15k
Investments £182.03k
Other £725.08k

Total expenditure:
£3,306,053

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Raising funds £1.14m
Charitable activities £2.16m
Other £0

£32,876 investments gains (losses)

Total income includes £700,062 from 2 government grant(s)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

Text alternative for this canvas graphic is in the data table below.
Raising funds and other expenditure £1.14m
Charitable expenditure £2.16m
Retained for future use £1.01m

People

81 Employee(s)

10 Trustee(s)

90 Volunteer(s)

Employees with total benefits over £60,000

Number of employees
£80k to £90k 1

Fundraising

No information available

Trading

One or more trustees are also directors of the subsidiaries

Trustee payments

No trustees receive any remuneration, payments or benefits from the charity.

What, who, how, where

What the charity does:
  • General Charitable Purposes
  • Education/training
  • Arts/culture/heritage/science
  • Environment/conservation/heritage
Who the charity helps:
  • Children/young People
  • Elderly/old People
  • The General Public/mankind
How the charity helps:
  • Provides Buildings/facilities/open Space
  • Provides Services
Where the charity operates:
  • Durham

Governance

Registration history:
  • 08 March 2013: Standard registration
Organisation type:
Charitable company
Other names:

No other names

Company number:
03879872 Open in new window
Gift aid:
Recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Bullying and harassment policy and procedures
  • Campaigns and political activity policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • Engaging external speakers at charity events policy and procedures
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Investing charity funds policy and procedures
  • Paying staff
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Serious incident reporting policy and procedures
  • Social media policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
Land and property:
This charity owns and/or leases land or property

Trustees

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service

10 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Deborah Corbett Trustee 19 August 2021
OAKENSHAW COMMUNITY ASSOCIATION
Received: On time
CLR Elizabeth Scott Trustee 19 August 2021
BEAMISH MUSEUM
Received: On time
REDHILLS CIO
Received: On time
Rebecca Jane Blackwood Trustee 19 August 2021
None on record
Jennie Collingwood Trustee 19 August 2021
None on record
Alison Thain Trustee 19 August 2021
None on record
Eliot Smith Trustee 19 August 2021
None on record
Dr Steve Howell Trustee 27 March 2020
None on record
Dr Ken Partington Trustee 18 October 2019
None on record
Michael John Robinson Trustee 15 February 2019
None on record
Peter Mothersill Trustee
None on record

Financial history

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Financial period end date

Income / Expenditure 31/03/2020 31/03/2021 31/03/2022 31/03/2023 31/03/2024
Total gross income £2.79m £2.09m £2.99m £2.21m £4.31m
Total expenditure £2.48m £1.91m £2.65m £2.50m £3.31m
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants £901.26k £958.93k £344.00k £335.49k £700.06k
Income - Donations and legacies £591.62k £443.44k £383.56k £393.91k £397.38k
Income - Other trading activities £1.43m £351.46k £1.14m £1.28m £945.15k
Income - Charitable activities £611.27k £779.67k £1.26m £382.74k £2.06m
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £161.55k £142.45k £150.78k £162.27k £182.03k
Income - Other £0 £368.64k £55.83k £0 £725.08k
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £1.55m £1.31m £1.82m £1.52m £2.16m
Expenditure - Raising funds £930.63k £601.39k £835.82k £979.35k £1.14m
Expenditure - Governance £0 £0 £0 £94.03k £114.45k
Expenditure - Grants institution £0 £0 £0 £0 £0
Expenditure - Investment management £0 £0 £0 £0 £0
Expenditure - Other £0 £0 £0 £0 £0

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

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Asset / Liability 31/03/2020 31/03/2021 31/03/2022 31/03/2023 31/03/2024
Own use assets £8.89m £8.88m £0 £8.89m £9.29m
Long-term investments £3.43m £3.63m £12.97m £3.63m £3.66m
Other assets £712.94k £823.31k £1.21m £921.10k £1.60m
Defined benefit pension scheme asset or liability -£250.00k £50.00k £0 £0 £0
Total liabilities £400.37k £285.88k £309.50k £304.49k £399.84k

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 31 March 2024 21 November 2024 On Time
Accounts and TAR 31 March 2024 21 November 2024 On Time Download Open in new window
Annual return 31 March 2023 27 May 2024 117 days late
Accounts and TAR 31 March 2023 27 May 2024 117 days late Download Open in new window
Annual return 31 March 2022 06 February 2023 6 days late
Accounts and TAR 31 March 2022 06 February 2023 6 days late Download Open in new window
Annual return 31 March 2021 22 December 2021 On Time
Accounts and TAR 31 March 2021 22 December 2021 On Time Download Open in new window
Annual return 31 March 2020 31 March 2021 59 days late
Accounts and TAR 31 March 2020 31 March 2021 59 days late Download Open in new window
Submit annual return Open in new window

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

MEMORANDUM AND ARTICLES OF ASSOCIATION INCORPORATED 18 NOVEMBER 1999 AS AMENDED BY SPECIAL RESOLUTIONS DATED 20 DECEMBER 1999, 23 DECEMBER 1999 AND 25 JANUARY 2006. CERTIFICATE OF INCORPORATION ON CHANGE OF NAME DATED 13 JANUARY 1999.

Charitable objects

TO ADVANCE THE PUBLIC'S EDUCATION AND UNDERSTANDING OF ART, CRAFT, DESIGN AND HISTORY, IN PARTICULAR BUT NOT EXCLUSIVELY BY ACQUIRING, OPERATING AND MAINTAINING THE BOWES MUSEUM, ITS COLLECTIONS AND ASSOCIATED GROUNDS AT BARNARD CASTLE, COUNTY DURHAM

Area of benefit

The area the charity can operate in, as set out in its governing document.

BARNARD CASTLE, COUNTY DURHAM

Linked charities

Linked charities
Linked charity 1079639-2 HERITAGE LOTTERY FUND/DEPARTMENT FOR CULTURE, MEDIA AND SPORT CATALYST: ENDOWMENTS FUND (THE BOWES MUSEUM CATALYST ENDOWMENT FUND)
Governing document
TRUST DEED DATED 15 FEB 2013
Charitable objects
THE OBJECTS OF THE CATALYST ENDOWMENT FUND ARE: TO ADVANCE THE PUBLIC'S EDUCATION AND UNDERSTANDING OF ART, CRAFT, DESIGN AND HISTORY BY SUPPORTING THE ACTIVITIES OF THE BOWES MUSEUM IN PARTICULAR ITS EXHIBITION PROGRAMME, CURATORIAL ACTIVITIES, RESEARCH AND SCHOLARSHIP, EDUCATIONAL ACTIVITIES AND PUBLICATIONS; AND TO FURTHER SUCH OTHER EXCLUSIVELY CHARITABLE PURPOSES (ACCORDING TO THE LAW OF ENGLAND AND WALES) IN CONNECTION WITH THE BOWES MUSEUM AS THE TRUSTEE IN ITS DISCRETION MAY FROM TIME TO TIME DETERMINE (THE "OBJECTS").
Area of benefit
Registration history
  • 08 March 2013 : Standard registration

Contact information

Address:
The Bowes Museum
Newgate
Barnard Castle
DL12 8NP
Phone:
01833 690606
Email:
info@thebowesmuseum.org.uk
Website:

www.thebowesmuseum.org.uk Open in new window