LYME REGIS PHILPOT MUSEUM TRUST LIMITED
Managing and maintaining the Lyme Regis Museum and its collections.
Objects
4.1 The Objects of the Charity are to advance education for the public benefit in particular but not exclusively in the history , geology and archaeology of Lyme Regis and the surrounding area as told through its heritage, landscapes and story of the people of the area by such means as the directors think fit, including but not limited to;4.1.1 the provision and maintenance of a museum and information service :4.1.2 the documentation and curation of the museum collections and holdings;4.1.3 the exhibition and interpretation of the museum collections and holdings and the provision of public access to them;4.1.4 the provision of learning experiences and educational activities for the public;4.1.5 the provision of exhibitions, conferences, workshops and other events; and4.1.6 To research, promote and publish studies.
Financial health, per its FY2025 accounts
The charity reported a positive financial result for the year, with total income of £429,981 slightly exceeding total expenditure of £429,485. Free unrestricted reserves stood at £392,145, which is above the trustees' stated policy target of £170,000 for designated operational and building maintenance reserves. The accounts were subject to an independent examination rather than a full audit, and the trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“Trustees agreed to continue to maintain a reserves policy of designated operational reserves of £120,000 and a building maintenance reserve of £50,000.” — page 15
“It operates a wholly owned subsidiary company, the Lyme Regis (Philpot) Museum Shop Limited”
Policies the charity declares
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/12/2025
- Volunteers: 61
- Government income: £20,000 — grants £20,000 (1); 5% of the £429,981 total gross income on the same return
- Has a trading subsidiary
Self-declared on the annual return for the financial year ending 31/12/2024
- Volunteers: 60
- Government income: £20,000 — grants £20,000 (1); 5% of the £425,157 total gross income on the same return
- Has a trading subsidiary
Self-declared on the annual return for the financial year ending 31/12/2023
- Volunteers: 40
- Government income: £25,050 — grants £25,050 (3); 8% of the £321,875 total gross income on the same return
- Has a trading subsidiary
Corporate structure
- Registered company of the charity Companies House 02855423
- Trading subsidiary: LYME REGIS (PHILPOT) MUSEUM SHOP LIMITED Companies House 02894291
- Donated/gift-aided to the charity: £21k
- The company paid commercial rent to the parent charity.
“In keeping with those objectives, the company has donated £20,520 to its parent during the year under a Deed of Covenant”
Company officers (Companies House)
- PATERSON, Rhys not on trustee list
- BARCLAY, Michael George William not on trustee list
- GOSTLING, Neil John, Dr on trustee list
- DODD, Gordon Stewart on trustee list
- ENGLISH, Jan Margaret on trustee list
- HODD, Deborah Anne on trustee list
- EVANS, Ian Jonathan, Dr on trustee list
- THOMAS, James Rhys on trustee list
- PITTS, Virginia Kay, Dr on trustee list
- ALBERT GOODMAN LLP
Property (HM Land Registry)
Trustees
- Deborah Anne Hodd
- Dr Ian Jonathan Evans
- Dr Neil John Gostling
- Dr Virginia Kay Pitts
- Gordon Stewart Dodd
- James Rhys Thomas
- Jan Margaret English
- Wayne Frederick Earp
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £430k | £429k |
| 31/12/2024 | £425k | £379k |
| 31/12/2023 | £322k | £311k |
| 31/12/2022 | £277k | £254k |
| 31/12/2021 | £243k | £302k |
Common questions
Is LYME REGIS PHILPOT MUSEUM TRUST LIMITED financially healthy?
Per its FY2025 accounts: The charity reported a positive financial result for the year, with total income of £429,981 slightly exceeding total expenditure of £429,485. Free unrestricted reserves stood at £392,145, which is above the trustees' stated policy target of £170,000 for designated operational and building maintenance reserves. The accounts were subject to an independent examination rather than a full audit, and the trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were independently examined.
Who funds LYME REGIS PHILPOT MUSEUM TRUST LIMITED?
Funders whose own accounts filings name LYME REGIS PHILPOT MUSEUM TRUST LIMITED as a grant recipient include THE ALICE ELLEN COOPER-DEAN CHARITABLE FOUNDATION, THE VALENTINE CHARITABLE TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE ALICE ELLEN COOPER-DEAN CHARITABLE FOUNDATION | FY2025 | £7k | |
| THE VALENTINE CHARITABLE TRUST | FY2024 | £5k | |
| THE VALENTINE CHARITABLE TRUST | FY2021 | £5k | |
| THE VALENTINE CHARITABLE TRUST | FY2025 | amount not stated |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 07/02/2018 | £8k | "Lyme Regis Museum: Building on Success and Planning for the Future" |
| The National Lottery Heritage Fund | 03/06/2014 | £898k | "The Mary Anning Wing" |
| The National Lottery Heritage Fund | 05/10/2010 | £24k | "Maritime Lyme" |
| The National Lottery Community Fund | 17/03/2008 | £5k | Edwardian Lyme Regis (1901-1911) |
| The National Lottery Heritage Fund | 17/03/2008 | £5k | "A Project By This Dorset Group To Organise An Exhibition To Display A Collection Of Photographs And Materials From The Region'S Edwardian Er" |
| The National Lottery Heritage Fund | 17/11/2006 | £5k | "The Group Will Promote An Exhibition Featuring The Local Landscape, In Particular The History Of Local Coastal Landslips." |
| The National Lottery Community Fund | 16/11/2006 | £5k | Lyme's Lively Landscape |
| The National Lottery Heritage Fund | 15/02/2005 | £33k | "Lyme Regis Museum Development Phase 3 - PPG" |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| TWO RIDINGS COMMUNITY FOUNDATION | 1 | £168k |
| THE FIDELITY UK FOUNDATION | 1 | £125k |
| JOHN ELLERMAN FOUNDATION | 1 | £97k |
| THE HEADLEY TRUST | 1 | £94k |
| THE PAUL MELLON CENTRE FOR STUDIES IN BRITISH ART | 1 | £30k |
| THE PILGRIM TRUST | 1 | £22k |
| SONGDALE LIMITED | 1 | £8k |
| THE PROVINCIAL GRAND LODGE OF DEVONSHIRE BENEVOLENT FUND | 1 | £1k |
Charities like this
- PM MUSEUM LTD
- THE STAITHES MUSEUM AND HERITAGE TRUST
- WEYMOUTH MUSEUM TRUST
- TOPSHAM MUSEUM
- LORD BROCK TRUST
- LYME REGIS LEISURE CENTRE
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| LYME REGIS PHILPOT MUSEUM TRUST LIMITED | £430k | — | 0 | above | — | no doubt |
| PM MUSEUM LTD | £239k | — | 0 | unclear | — | no doubt |
| THE STAITHES MUSEUM AND HERITAGE TRUST | £100k | — | 0 | below | — | no doubt |
| WEYMOUTH MUSEUM TRUST | £110k | — | — | unclear | — | no doubt |
| TOPSHAM MUSEUM | £58k | — | 0 | unclear | — | noted |
| LORD BROCK TRUST | £428k | — | 0 | above | — | no doubt |