Question 1

What is the mission of THE SILK HERITAGE TRUST?

Accepted Answer

The objects of the Association are as stated in the Annual Report:(1) The advancement of the education of the public by the provision of museum and ancillary facilities(2) any other charitable purpose for the benefit of the public.

Question 2

What is the financial size of THE SILK HERITAGE TRUST?

Accepted Answer

THE SILK HERITAGE TRUST is classified as a medium charity. In the latest financial year, they reported a total income of £635,300 and total expenditure of £670,137.

Question 3

How does THE SILK HERITAGE TRUST allocate its spending?

Accepted Answer

For every pound spent, approximately 97.5% goes directly to charitable activities. The remaining 2.5% is spent on raising funds and administration. This is lower than the median for similar-sized charities (99.0%).

Question 4

What is the workforce structure of THE SILK HERITAGE TRUST?

Accepted Answer

THE SILK HERITAGE TRUST employs 7 staff members and is supported by 60 volunteers.

Question 5

Does THE SILK HERITAGE TRUST receive government funding?

Accepted Answer

To a small extent. Approximately 1.7% of their income comes from government grants or contracts.

Question 6

Does THE SILK HERITAGE TRUST pay its trustees?

Accepted Answer

No, the latest data indicates that trustees do not receive payments or personal benefits from the charity.

THE SILK HERITAGE TRUST

Latest HighlightsFY 2025

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