the palace trust
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.
Fundraising
See where The Palace Trust is active and find local fundraising opportunities.
Local Authority
Financial Information
Latest Income
£1,955,522
Latest Expenditure
£1,839,240
Financial Efficiency
Program Ratio 52.3%
% of income going directly to charitable activities
Overall Efficiency 55.6%
% of expenditure going to programs (vs overhead)
Administrative Ratio 44.9%
Overhead (fundraising + governance) as % of total expenditure
Latest Financial Breakdown
Income Sources
Donations & Legacies £180,221
Charitable Activities £736,726
Other Trading £997,052
Investments £41,523
Other Income £0
Expenditure Categories
Charitable Expenditure £1,022,317
Raising Funds £816,923
Governance £8,319
Grants to Institutions £0
Other Expenditure £0
Financial Trend
Annual Returns
| 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
Details
Address
The Bishops Palace
WELLS
Somerset
BA5 2PD
WELLS
Somerset
BA5 2PD
Website
www.bishopspalace.org.ukRegistration Date
11 March 2015
Status
Registered
Registry Information
Organisation Number
5059055
Charity Number
1160830
Trustees
Michael Minta
Right Rev Trevor Willmott
Paul Richard Dickinson
Roger Hawes
Rt Revd Noel Michael Roy Beasley
Gregory Beedle
Katharine Macdonald
Caroline Brawley
Natasha Hopkins
Claire Revell