LYME REGIS PHILPOT MUSEUM TRUST LIMITED
Registered charity 1041201 · accounts filings on the Charity Commission register · also known as LYME REGIS MUSEUM
Managing and maintaining the Lyme Regis Museum and its collections.
Causes: Education/training · Arts/culture/heritage/science · Environment/conservation/heritage · website · Get email alerts
Financial health, per its FY2024 accounts
The accounts state that the charity maintained a stable financial position in 2024, reporting a net income of £45,717 and total unrestricted funds of £464,373. Per the trustees' report, this stability was supported by good visitor numbers and strong gift shop sales, despite increasing operational costs. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.
Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.
What the accounts disclose
Reserves policy: one year operational reserves (held: £464k)
“The Trust is committed to maintaining a minimum of one year operational reserves, ring fencing project funding, and maintaining a £50K reserve for emergency Building repairs and maintenance.” — page 11
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Subsidiary donation
“During the year Lyme Regis (Philpot) Museum Shop Limited, a 100% owned subsidiary of Lyme Regis (Philpot) Museum Trust Limited donated a total of £27,663 unrestricted (2023: £48,268 unrestricted) to Lyme Regis (Philpot) Museum Trust Limited.” — page 27
“The shop has also paid a commercial rent of £6,200 in the year (net of VAT) to the Trust (2023: £6,000).” — page 27
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Subsidiary rent
“During the year Lyme Regis (Philpot) Museum Shop Limited, a 100% owned subsidiary of Lyme Regis (Philpot) Museum Trust Limited donated a total of £27,663 unrestricted (2023: £48,268 unrestricted) to Lyme Regis (Philpot) Museum Trust Limited.” — page 27
“The shop has also paid a commercial rent of £6,200 in the year (net of VAT) to the Trust (2023: £6,000).” — page 27
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Subsidiary management charges
“During the year Lyme Regis (Philpot) Museum Shop Limited, a 100% owned subsidiary of Lyme Regis (Philpot) Museum Trust Limited donated a total of £27,663 unrestricted (2023: £48,268 unrestricted) to Lyme Regis (Philpot) Museum Trust Limited.” — page 27
“The shop has also paid a commercial rent of £6,200 in the year (net of VAT) to the Trust (2023: £6,000).” — page 27
Per its FY2024 accounts as filed with the Charity Commission.
Trading subsidiary: Lyme Regis (Philpot) Museum Shop Limited
“It operates a wholly owned subsidiary company, the Lyme Regis (Philpot) Museum Shop Limited, the profits of which are donated to the trust.”
Per its FY2024 accounts as filed with the Charity Commission.
Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.
Public fundraising profile: JustGiving — Lyme Regis Museum (matched by registered charity number).
Property (HM Land Registry)
1 registered title in England and Wales held by the charity’s company or corporate body (1 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.
Public profiles (found on the charity’s own website): facebook · instagram
Trustee list from the Charity Commission register (current, not historical).
Operates in: Dorset
Income and spending
Common questions
Is LYME REGIS PHILPOT MUSEUM TRUST LIMITED financially healthy?
Per its FY2024 accounts: The accounts state that the charity maintained a stable financial position in 2024, reporting a net income of £45,717 and total unrestricted funds of £464,373. Per the trustees' report, this stability was supported by good visitor numbers and strong gift shop sales, despite increasing operational costs. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 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
Grants to this charity found in funders’ own accounts filings.
Government & lottery funding
Grants to this charity published as open data by government and lottery funders (360Giving).
Funders of similar charities
Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.
Charities like this
Semantically similar by activities and financial character, from our analysed corpus. Compare with LYME REGIS DEVELOPMENT TRUST.
Side by side with its peers
Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.