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Registered charity · Somerset

The Palace Trust

  • 11 trustees
  • Income £2.2m (2025)
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Official record Charity Commission · updated 4th October 2026 · Sources

Network

The large node is The Palace Trust. Red nodes are organisations, white nodes are people. Sign in free to explore further.

Who leads it

Current trustees as listed by the Charity Commission, which does not publish previous trustees.

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About

What it does
Education/training, Religious Activities, Arts/culture/heritage/science, Environment/conservation/heritage
Where
Somerset
Website
www.bishopspalace.org.uk (opens in a new tab)
Linked company
The Palace Trust
Registered
2015

Income and spending

  • YearIncomeSpending
  • 2025£2.2m£2.1m
  • 2024£2.0m£1.8m
  • 2023£1.6m£1.7m
Earlier years
  • 2022£1.5m£1.6m
  • 2021£1.9m£1.4m

Income trend, 2021 to 2025.

Income source mix, 2025: Government grants under 1%. From the charity's annual return.

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.

Grants received

8 grants · £1,857,500 total

360Giving data, published by funders. Coverage only includes funders who publish their grants to 360Giving, so these figures are a floor, not a complete picture.

Top funders

  • The National Lottery Heritage Fund · £1,302,600 (5 grants)
  • Department for Digital, Culture, Media & Sport · £534,900 (2 grants)
  • Garfield Weston Foundation · £20,000

Most recent

  • Department for Digital, Culture, Media & Sport £170,0002021-03-08
  • Department for Digital, Culture, Media & Sport £364,9002020-10-14
  • The National Lottery Heritage Fund £250,0002020-08-10
  • Garfield Weston Foundation £20,0002017-05-05
  • The National Lottery Heritage Fund £10,0002016-07-07
Board analysis

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
6.5y
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.

Sources

Official record from the Charity Commission register for England and Wales. Governance Register calculates the connections.

Record details
Registered charity number
1160830
Status
Registered
Governing document
MEMORANDUM AND ARTICLES INCORPORATED 26 JAN 2015
Companies House
Company number 09404519 · Active
Contact on the register
01749988111 · info@bishopspalace.org.uk
Edition
Register edition compiled 4th October 2026
Labels
Official record from the register · Calculated derived by Governance Register. Anything added by an organisation or person is labelled as provided by them.

Contains public sector information licensed under the Open Government Licence v3.0. Report an issue · How we handle data