Finance Score: -6

Governance Score: 6

Support Score: 2

Accounts filed more than 5 days late: -2 times
Multiple Deficits: -2
Fundraising costs high: -2

Dynamic board: +3
Gender balanced board: +3

Grant maker support: +2

Overall GiG Score: 2

THE BANBURY MUSEUM TRUST

Banbury Museum is a purpose built museum, which displays historic collections relating to North Oxfordshire and beyond, and temporary exhibitions. The Museum engages a broad audience through an extensive programme of educational activities and also engages in historical research of both activities and collections. It offers professional museum advice to other museums and heritage projects.

Analysis by Giving is Great

Positives:

A significant proportion of recent income was derived from major grant makers including the Government
The Board appears to be well diversified in terms of gender and dynamic in terms of composition

Financial issues to consider:

Accounts have been filed late on 2 occasions over the last 5 years and the current period appears to have been extended
On several occasions in recent years income has been less than spending
Fundraising costs are high relative to funds raised

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E		Income £k	Spending £k	Surplus/ Deficit	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff	Volun- teers
31/03/23		£650	£658	£-8	£109	£239	£205	3.7	19	39
31/03/22		£616	£778	£-162	£85	£31	£184	2.8	20	23
31/03/21	*	£660	£518	£142	£41	£-61	£164	3.8	20	23
31/03/20	*	£599	£674	£-75	£87	£23	£47	0.8	26	22
31/03/19		£669	£870	£-201	£90	£-344	£65	0.9	26	22
31/03/18	*	£626	£650	£-25	£87	£-43	£71	1.3	24	0
31/03/17	*	£524	£567	£-43	£68	£-180	£55	1.2	24	0
31/03/16	*	£621	£610	£11	£62	£191	£43	0.9	23	0
31/03/15		£563	£571	£-7	£73	£2	£30	0.6	11	0
31/03/14	*	£438	£199	£240	£0	£0	£0	n/a	0	0

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Financial Ratios

Fundraising Costs/Relevant Income: 20.8%
Fundraising Costs/Total Spending: 16.6%
Highest pay band: Less than £60,000
Liabilities/Assets: 24%
Liabilities/Income: 11%
Unrestricted Funds/Total Funds: 86%
Reserves/Spending: 3.7 months
Net Current Assets/Spending: 4 months
Quick Ratio: 3.3

Asset Split ?

Established: 11 years

www.banburymuseum.org

enquiries@banburymuseum.org

01295753781

Charity Commission for England and Wales

Tweets

Listed activities

Arts/Culture/Heritage/Science
Education/Training

GiG Classification

Museums, parks, historical sites

How it operates

Provides buildings/facilities/open space
Provides services

Where it operates

Buckinghamshire, Gloucestershire, Northamptonshire, Oxfordshire, Warwickshire,

Who it helps

Children/Young People
The General Public/Mankind

Who works here?

19 employees
39 volunteers

Who's supporting them? ?

Donations from Grant Makers ?

We have details on the following significant donations. Multi-year donations are allocated to the years for which they are earmarked.

Specific Donations

Amount	When Months	To be used for
Garfield Weston Foundation - Main Grants award WCF award - COVID19 response
£77,200	05/02/2021	Weston Culture Fund to Regular Grant

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (9)

Current Trustees appointed

Gender Split

Based on 8/9 persons

SHAIDA HUSSAIN Appointed: 2021

ALEXANDRA WILLIAMS Appointed: 2015

ALASTAIR SCOTT Appointed: 2016

CLARE ADAMS Appointed: 2020

REBECCA MILEHAM (Chair) Appointed: 2018

COUNCILLOR PHILLIP CHAPMAN Appointed: 2022, Other trusteeship: MILL ARTS CENTRE TRUST,

DR HELEN FORDE Appointed: 2013, Other trusteeships: BANBURY HISTORICAL SOCIETY, MARC FITCH FUND,

JOHN ERNEST SPRATT Appointed: 2013, Other trusteeship: TOOLEY'S BOATYARD TRUST,

JONATHAN MARK WALTON Appointed: 2023, Other trusteeship: TOOLEY'S BOATYARD TRUST,

Legal constitution

Charity registered in England & Wales on 29/07/2013, number: 1153109

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Bullying and harassment policy and procedures
Complaints handling
Complaints policy and procedures
Conflicting interests
Financial reserves policy and procedures
Internal risk management policy and procedures
Investment
Paying staff
Risk management
Safeguarding policy and procedures
Safeguarding vulnerable beneficiaries
Serious incident reporting policy and procedures
Trustee conflicts of interest policy and procedures
Volunteer management

Filing Record

10 returns made; AR21: 211 days late, AR20: 576 days late, AR18: 210 days late, AR17: 1 days late, AR16: 1 days late, AR14: 2 days late,

Main office

Banbury Museum
Castle Quay
Spiceball Park Road
BANBURY
OX16 2PQ

Objectives

TO ADVANCE THE AWARENESS AND EDUCATION OF THE PUBLIC, PARTICULARLY, BUT NOT EXCLUSIVELY, IN THE HISTORY OF BANBURY, NORTH OXFORDSHIRE AND THE ADJOINING COUNTIES, AND PRESERVE THE COLLECTIONS AND ARCHIVES IN ITS STEWARDSHIP.THIS WILL BE ACHIEVED, IN PARTICULAR BUT NOT EXCLUSIVELY, BY:-- EFFECTIVE STEWARDSHIP OF THE MUSEUM'S COLLECTIONS AND ARCHIVES.- EXHIBITING, INTERPRETING AND PROVIDING ACCESS TO COLLECTIONS AND ARCHIVES.- ESTABLISHING AND MAINTAINING MUSEUM(S), AND/OR ARCHIVE(S) FOR THE BENEFIT OF THE PUBLIC, AND ASSISTING OTHER ORGANISATIONS IN ACHIEVING THESE OBJECTIVES.- COLLECTING ARTEFACTS AND ARCHIVES IN THE MUSEUM'S OWN RIGHT, OR IN COLLABORATION WITH OTHER MUSEUMS.

Data Sources