LYME REGIS DEVELOPMENT TRUST
To promote general charitable purposes for the benefit of the community of Lyme Regis and surrounding area. To provide relief from poverty and disadvantage and to advance education of its residents of all agea, and in particular, to provide opportunities for the residents to participate fully in the life of the community in ways which address and alleviate social and economic depravation.
Financial health, per its FY2024 accounts
The accounts state that the charity operated at a net outgoing resource of £49,100 for the year, supported by reserves, with the Trustees acknowledging a policy to operate at a deficit to address local need. Per the trustees' report, the charity maintains sufficient confirmed income to cover core operating costs for at least 12 months and has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“There were no employees whose annual remuneration was more than £60,000.” — page 20
“other income (rental income and general sales) of £106,613” — page 9
“at all times there is at least 12 months confirmed income to cover core operating costs” — page 9
“During the year to 31 December 2024 Trustee, William Neil Charleton, was paid £603 for travel and purchases for Seaside Store and Community Cupboard.” — page 20
“Our charity operates a subsidiary company, Lyme Regis Property Management, from which the profits are covenanted to support the operation of our charity.” — page 8
Funders the charity credits
- Home
Property (HM Land Registry)
Trustees
- Susanne Jennifer Howard
- Toby Edwardo Guiducci
- William Neil Charleton
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £131k | £180k |
| 31/12/2023 | £150k | £183k |
| 31/12/2022 | £171k | £201k |
| 31/12/2021 | £180k | £135k |
| 31/12/2020 | £154k | £155k |
Common questions
Is LYME REGIS DEVELOPMENT TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the charity operated at a net outgoing resource of £49,100 for the year, supported by reserves, with the Trustees acknowledging a policy to operate at a deficit to address local need. Per the trustees' report, the charity maintains sufficient confirmed income to cover core operating costs for at least 12 months and has adequate resources to continue in operational existence for the foreseeable future. Its FY2024 accounts were independently examined.
What does the highest-paid employee of LYME REGIS DEVELOPMENT TRUST earn?
Per its FY2024 accounts, the highest-paid employee was in the Under £60,000 band.
Who funds LYME REGIS DEVELOPMENT TRUST?
Funders whose own accounts filings name LYME REGIS DEVELOPMENT TRUST as a grant recipient include THE VALENTINE CHARITABLE TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE VALENTINE CHARITABLE TRUST | FY2022 | £15k | |
| THE VALENTINE CHARITABLE TRUST | FY2023 | £5k |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 05/11/2019 | £10k | "Creating digital teaching resources for creative work on the heritage of Lyme Regis" |
| The National Lottery Community Fund | 05/09/2019 | £9k | Lyme Bay Community Radio Station |
| The National Lottery Heritage Fund | 12/09/2018 | £8k | "Creating guides on the geology and landslips of the Lyme Regis Undercliffe" |
| The National Lottery Community Fund | 11/06/2014 | £9k | St Michael's Community Centre New Windows Project |
| The National Lottery Heritage Fund | 11/01/2012 | £49k | "Jurassic Coast Earth Festival 2012: Natural Heritage project" |
| The National Lottery Community Fund | 28/06/2011 | £60k | The Hub @ Lyme Regis |
| The National Lottery Community Fund | 12/01/2010 | £321k | LymeNet Community Anchor & Learning Centre: Fit for the Future |
| The National Lottery Community Fund | 17/11/2008 | £10k | Evolution Rocks! Uncoiling The Past1 Lyme Regis Fossil Festival |
| The National Lottery Heritage Fund | 17/11/2008 | £10k | "A Project By This Community Group From Lyme Regis In Dorset To Hold A Natural Science Festival. Which Will Be Open To Everyone And Will Cel" |
| The National Lottery Heritage Fund | 30/03/2006 | £5k | "The Grant Will Enable The Cultural Quarter Development Group To Provide A Robust Development Plan." |
| The National Lottery Community Fund | 30/03/2006 | £5k | Cultural Quarter Feasibility Study |
| The National Lottery Heritage Fund | 27/01/2006 | £49k | "Deep Time in Lyme: Rocks - Evolution - Fossils" |
| The National Lottery Heritage Fund | 04/02/2005 | £37k | "Lyme Regis Fossil Festival" |
| The National Lottery Community Fund | 02/12/2004 | £5k | West Dorset Exercise Refeeral Scheme |
| The National Lottery Heritage Fund | 26/05/2004 | £13k | "Lyme's Ethnic Minorities: Past and Present" |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| Point North Community Foundation | 1 | £882k |
| THE LEGAL EDUCATION FOUNDATION | 1 | £178k |
| THE ACCESS TO JUSTICE FOUNDATION | 1 | £173k |
| TALBOT VILLAGE TRUST | 1 | £61k |
| THE ALICE ELLEN COOPER-DEAN CHARITABLE FOUNDATION | 1 | £7k |
| CIVIC POWER FUND | 1 | £1k |
| WEST DEVON COMMUNITY & VOLUNTARY SERVICES | 1 | £800 |
| COMMUNITY COUNCIL OF DEVON | 1 | £59 |
Charities like this
- LYME REGIS PHILPOT MUSEUM TRUST LIMITED
- EAST DURHAM COMMUNITY DEVELOPMENT TRUST LTD
- CHICHESTER COMMUNITY DEVELOPMENT TRUST
- THE TOWN MILL TRUST LYME REGIS
- CITIZENS ADVICE LIVERPOOL LIMITED
- MORETONHAMPSTEAD DEVELOPMENT TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| LYME REGIS DEVELOPMENT TRUST | £131k | Under £60,000 | 0 | above | — | no doubt |
| LYME REGIS PHILPOT MUSEUM TRUST LIMITED | £430k | — | 0 | unclear | — | no doubt |
| EAST DURHAM COMMUNITY DEVELOPMENT TRUST LTD | £1.7m | — | 0 | unclear | — | no doubt |
| CHICHESTER COMMUNITY DEVELOPMENT TRUST | £2.8m | £70,001 - £80,000 | 1 | below | — | no doubt |
| THE TOWN MILL TRUST LYME REGIS | £244k | — | 0 | unclear | — | no doubt |
| CITIZENS ADVICE LIVERPOOL LIMITED | £4.3m | — | 0 | within | — | no doubt |