The Palace Trust
The Palace Trust aims to preserve and make accessible The Bishop's Palace and its fourteen acres of gardens to the public, as a place of historic, architectural and landscape interest.
Activities & Mission
The Palace Trust aims to preserve and make accessible The Bishop's Palace and its fourteen acres of gardens to the public, as a place of historic, architectural and landscape interest.
Areas of Operation
Where this charity is registered to operate, as self-declared to the Charity Commission. These are regulatory classifications, not a list of active programmes, and don't necessarily indicate fundraising activity in each location.
Local Authority
Financial Information
Financial Efficiency
Higher than 12% of UK Facilities charities with income £1M to £10M (sample: 283). How is this calculated?
Higher than 8% of UK Facilities charities with income £1M to £10M. How is this calculated?
Lower overhead than 6% of UK Facilities charities with income £1M to £10M. (Lower overhead is generally read as more efficient.) How is this calculated?
Latest Financial Breakdown
Income Sources
Expenditure Categories
Financial Trend
Annual Returns
As filed with the Charity Commission for England and Wales. Most recent filing covers the financial year ending 2024.
| Financial Year | Income | Expenditure | Charitable Spending | Net Assets | Reserves | Staff |
|---|---|---|---|---|---|---|
| 2024 | £1,955,522 | £1,839,240 | £1,022,317 | £1,348,811 | £450,000 | 51 / 177 |
| 2023 | £1,609,335 | £1,693,194 | £965,115 | £1,229,739 | £450,000 | 43 / 167 |
| 2022 | £1,458,301 | £1,570,223 | £949,506 | £1,295,045 | £450,000 | 51 / 165 |
| 2021 | £1,876,655 | £1,449,802 | £877,441 | £1,413,545 | £507,000 | 42 / 150 |
| 2020 | £1,618,823 | £1,210,324 | £724,385 | £979,733 | £979,733 | 39 / 120 |
Staff column shows: Employees / Volunteers
Frequently asked questions about The Palace Trust
What does The Palace Trust do?
The Palace Trust aims to preserve and make accessible The Bishop's Palace and its fourteen acres of gardens to the public, as a place of historic, architectural and landscape interest.
How much income did The Palace Trust report in 2024?
The Palace Trust reported total income of £1.96m and reported expenditure of £1.84m for the financial year ending 2024, based on the most recent annual return filed with the Charity Commission.
How efficient is The Palace Trust?
The Palace Trust has a program ratio of 52.3%, meaning that share of its income goes directly to charitable activities. This is higher than 12% of UK Facilities charities with income £1M to £10M (sample of 283 charities). See our methodology for how this is calculated.
When was The Palace Trust registered as a charity?
The Palace Trust was registered with the Charity Commission for England and Wales on 11 March 2015 as charity number 1160830. It has been registered for 11 years.
Who runs The Palace Trust?
The Palace Trust is governed by a board of 11 trustees. The chair of trustees is Roger Hawes. Trustees are legally responsible for the charity's governance and are listed in full on its profile.
Where does The Palace Trust operate?
The Palace Trust operates in Somerset, as recorded in its Charity Commission filing.
Is The Palace Trust a registered charity?
Yes — The Palace Trust is a registered charity in England and Wales, charity number 1160830.
Details
WELLS
Somerset
BA5 2PD
Registry Information
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Trustees
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Sectors & Classifications
Data & trust
- Register data refreshed
- 14 May 2026
- Methodology
- How metrics are calculated