The Governance RegisterEdition 2026 · Compiled 6th September 2026

The Palace Trust

Registered charity 1160830 Registered since 2015

Operates: Somerset

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Board DNA

How this board is put together, from Charity Commission trustee records and Companies House - deterministic, no AI.iBoard compositionCounted from the dated Charity Commission trustee register: the current board only, past trustees excluded.

11 trustees on the board

3.2y median 2y
average tenure
5y
longest tenure
0
trustees past 6 years
6.4y
average years in governance

First-time vs portfolio trustees

First-time (9)

Portfolio (2)

10
company-linked trustees

Sector coverage iSector coverageThe charitable fields this board's trustees govern in elsewhere, by Charity Commission classification. Excludes this charity.

Education/training 11Religious Activities 11Arts/culture/heritage/science 9Environment/conservation/heritage 2

Commercial experience iCommercial experienceThe industries this board's members are company directors in, by Companies House SIC code. Excludes this organisation's own company.

Arts and leisure 13Education 6Other services 2

Succession forecast iSuccession forecastThe number of board seats likely to open in the next twelve months - summed across the board from each dated trustee’s tenure - and the profile worth recruiting next. From the filed record, deterministic.

🔒 Succession forecast is a Pro feature - the board seats likely to open in the next year and the ideal next trustee. Explore Pro →

Health of the organisation facts side by side - the conclusion is yours

Income v spending, filed accountsiIncome v spendingTotal gross income and expenditure from filed annual returns, Charity Commission, last 5 years.
2021
2022
2023
2024
2025
incomespending£2.2m latest income · income exceeded spending in 2024 and 2025
ReservesiReserves12 x free reserves / annual expenditure, from the Part B annual return. The sector median is computed across all Part B filers in the same income band.

2.6 months of spending held in free reserves · median for charities its size: 3.9 months · was 4.2 in 2021

61 from 42 in 2021
EmployeesiEmployeesHeadcount as filed in Part B annual returns, per financial year. Shown exactly as filed; year-on-year figures may be filed on different bases, so a comparison is only shown when the filings are plausibly comparable.

Related organisations iRelated organisationsTwo groups, both deterministic from public records. Related organisations share two or more trustees with this board - a real structural link, such as a subsidiary or sister charity. Connected through a shared trustee share exactly one person - a genuine connection, but not the same group. A board with no shared trustee at all may still appear here when it is active in the same charitable field.

Connected through a shared trustee

Also active in the same field

Deterministic, from public records.

Contact

Websitehttp://www.bishopspalace.org.uk
Emailinfo@bishopspalace.org.uk
Phone01749988111
AddressThe Bishops Palace, WELLS, Somerset, BA5 2PD

Finances

£2,169,209 latest income

YearIncomeSpending
2021£1,876,655£1,449,802
2022£1,458,301£1,570,223
2023£1,609,335£1,693,194
2024£1,955,522£1,839,240
2025£2,169,209£2,093,457

What it does

What

Education/trainingReligious ActivitiesArts/culture/heritage/scienceEnvironment/conservation/heritage

Who

The General Public/mankind

How

Provides Buildings/facilities/open SpaceProvides Advocacy/advice/information

Charitable objects

THE NEW COMPANY HAS BEEN SET UP WITH THE FOLLOWING OBJECTS: TO PRESERVE FOR THE BENEFIT OF THE PUBLIC THE FABRIC OF THE BISHOP'S PALACE (AS A PLACE OF HISTORIC AND ARCHITECTURAL INTEREST) IN ORDER TO FACILITATE ACCESS TO THE BISHOP'S PALACE BY THE PUBLIC FOR THEIR EDUCATION AND INTEREST AND TO PROMOTE SUCH CHARITABLE PURPOSES AS WILL ADVANCE THE RELIGIOUS AND OTHER CHARITABLE WORK OF THE CHURCH OF ENGLAND IN SUCH MANNER AS THE TRUSTEES SHALL FROM TIME TO TIME DECIDE AND ARE APPROVED BY THE CHURCH COMMISSIONERS.IN THE ARTICLES, CHARITABLE MEANS CHARITABLE IN ACCORDANCE WITH THE LAW OF ENGLAND AND WALES PROVIDED THAT IT WILL NOT INCLUDE ANY PURPOSE WHICH IS NOT CHARITABLE IN ACCORDANCE WITH SECTION 7 OF THE CHARITIES AND TRUSTEE INVESTMENT (SCOTLAND) ACT 2005 AND / OR SECTION 2 OF THE CHARITIES ACT (NORTHERN IRELAND) 2008.FOR THE AVOIDANCE OF DOUBT, THE SYSTEM OF LAW GOVERNING THE CONSTITUTION OF THE CHARITY IS THE LAW OF ENGLAND AND WALES.

Governing document: MEMORANDUM AND ARTICLES INCORPORATED 26 JAN 2015

Trustees (11)

11trustees
57median age
1aged 70+

Linked company (Companies House)

The Palace Trust · 09404519 · Active

PRI/LBG/NSC (Private, Limited by guarantee, no share capital, use of 'Limited' exemption) · incorporated 26/01/2015

4 governing document(s) held from Companies House.

Connected charities (5)

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