Re-Form Heritage

Registered charity 1059662 · accounts filings on the Charity Commission register · also known as THE PHOENIX TRUST, THE PRINCE OF WALES'S PHOENIX TRUST, THE UK BPT, UNITED KINGDOM HISTORIC BUILDING PRESERVATION TRUST

We specialise in the restoration of heritage buildings at risk of decay in areas where the resurgence of an existing use, or the creation of a new life and purpose for these buildings, will have a beneficial effect on the local community. Through a sustainable business case, and operational delivery, we breathe new life into these assets and help drive the regeneration of the local community

Causes: Environment/conservation/heritage · website · Get email alerts

Latest income
£784k
Latest spending
£1.2m
Registered
1996
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net deficit of £469,989 for the year, with total reserves standing at £7,276,475. However, free unrestricted reserves were significantly depleted to £21,814, representing only 5.16% of annual income, which is well below the stated policy target of covering 15% of turnover. The auditor has identified a material uncertainty regarding the charity's ability to continue as a going concern due to pressure on funds if visitor numbers do not meet forecasts.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: rental and other income (64% of income)
Group incoming resources (including interest receivable) totalled £1,100,018 (2024: £1,040,923), comprising grants and donations of £392,836and rental and other income of £707,182 — page 14
Per its FY2025 accounts as filed with the Charity Commission.
Reserves position: below the charity's own stated reserves policy (held: £22k)
Free Reserves are currently at 34% of where they should be under the Charity’s reserves policy.
Per its FY2025 accounts as filed with the Charity Commission.
Going concern: material uncertainty disclosed
We draw attention to note 1 in the financial statements, which indicates that if the growth in visitor numbers does not reach forecast levels this will increase pressure on funds to meet operational requirements. This, along with other matters set out in note 1 indicates that a material uncertainty exists which may cast significant doubt on the Group and Charity’s ability to continue as a going concern. — page 17
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Re-Form Heritage Trading Ltd
Re-Form Heritage has a trading subsidiary, Re-Form Heritage Trading Ltd. This company was established to run commercial activities at Middleport Pottery. — page 15
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Crowe UK LLP. Discloses 4 of 6 completeness components.

Property (HM Land Registry)

13 registered titlesin England and Wales held by the charity’s company or corporate body (13 freehold); recorded price paid £351k. 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

Structured financials (annual return, FY ending 31/03/2025)

Total income
£784k
Total spending
£1.2m
Reserves (reported)
£22k
Employees
55

Reported reserves equal ~0.2 months of spending — in the bottom quarter for charities its size (median 5.2 months; benchmarks).

Register events

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Northern Ireland · Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/03/2025£784k£1.2m
31/03/2024£778k£1.1m
31/03/2023£430k£1.1m
31/03/2022£2.1m£1.1m
31/03/2021£1.3m£855k

Common questions

Is Re-Form Heritage financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a net deficit of £469,989 for the year, with total reserves standing at £7,276,475. However, free unrestricted reserves were significantly depleted to £21,814, representing only 5.16% of annual income, which is well below the stated policy target of covering 15% of turnover. The auditor has identified a material uncertainty regarding the charity's ability to continue as a going concern due to pressure on funds if visitor numbers do not meet forecasts. Its FY2025 accounts were audited by Crowe UK LLP.

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
The National Lottery Heritage Fund12/09/2024£250k"Re-Form Heritage: Delivering Change for a Resilient Heritage Future"
UK government01/04/2024£37kRe-form Heritage - Heritage Officer Post
The National Lottery Heritage Fund15/05/2023£250k"Re-Form Heritage: Re-Evaluating Past Practice for a Resilient Heritage Future"
The National Lottery Heritage Fund27/04/2020£37k"COVID19 Re-Form Heritage"
The National Lottery Heritage Fund06/09/2016£1.6m"Harper Street : Engagement in Heritage"
The National Lottery Heritage Fund08/10/2015£100k"Securing Our Future"
The National Lottery Heritage Fund24/05/2011£1.6m"Middleport Pottery"
The National Lottery Heritage Fund19/03/1998£2.5m"Stanley Mid & East Mills - Restoration"

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 LONDON HISTORIC BUILDINGS TRUST LTD.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
Re-Form Heritage£784k0belowmaterial uncertainty
LONDON HISTORIC BUILDINGS TRUST LTD FY2025£116k0aboveno doubt
THE HERITAGE OF LONDON TRUST LIMITED FY2025£808k£90,001 - £100,0001aboveno doubt
BRYMBO HERITAGE TRUST FY2024£1.5m0belowno doubt
RICHMONDSHIRE BUILDING PRESERVATION TRUST LTD FY2025£2.2m0aboveno doubt
WORLD MONUMENTS FUND BRITAIN LIMITED FY2025£3.0maboveno doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.