LYMEARTS COMMUNITY TRUST LIMITED

Registered charity 1103599 · accounts filings on the Charity Commission register · also known as LYME YOUTH THEATRE, MARINE THEATRE

The principal activity of the trust is the ownership and running of The Marine Theatre. The main activity is theatrical productions and the running of a Youth theatre. Activities also include hiring out of theatre to local user groups and for private functions.

Causes: Arts/culture/heritage/science · website · Get email alerts

Latest income
£801k
Latest spending
£813k
Registered
2004
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that unrestricted reserves stood at £505,547, an increase from the previous year's £497,473. The charity reported a net decrease in funds of £11,850 for the year, driven by total expenditure exceeding total income. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern.

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

What the accounts disclose

Reserves policy: building up its unrestricted current assets (held: £506k)
“In order to ensure the theatre could continue to operate in the event of the circumstance out of the charity's control, the charity continues to work towards building up its unrestricted current assets.” — page 6
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: T Morton received £nil (2024: £1,000) as a director for the Community Play.
“Mrs T Morton received £nil (2024: £1,000) as a director for the Community Play. This was discussed and agreed by all the Trustees.” — page 23
“Mr C Gill received £nil (2024: £200) for the Community Play musical directorship. This was before he became a Trustee.” — page 23
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: C Gill received £nil (2024: £200) for the Community Play musical directorship.
“Mrs T Morton received £nil (2024: £1,000) as a director for the Community Play. This was discussed and agreed by all the Trustees.” — page 23
“Mr C Gill received £nil (2024: £200) for the Community Play musical directorship. This was before he became a Trustee.” — page 23
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Property (HM Land Registry)

2 registered titles in England and Wales held by the charity’s company or corporate body (2 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

Structured financials (annual return, FY ending 31/12/2025)

Total income
£801k
Total spending
£813k
Cost of raising funds
£108k
Reserves (reported)
£213k
Employees
6

Reported reserves equal ~3.2 months of spending — below the median for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Charitable activities (66% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 13.5% of total income — in the top quarter for charities its size (median 4.9%) (benchmarks).

Trustees · trustee networks

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

Operates in: Devon · Dorset

Income and spending

Financial year endIncomeSpending
31/12/2025£801k£813k
31/12/2024£935k£796k
31/12/2023£521k£509k
31/12/2022£477k£436k
31/12/2021£305k£256k

Common questions

Is LYMEARTS COMMUNITY TRUST LIMITED financially healthy?

Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £505,547, an increase from the previous year's £497,473. The charity reported a net decrease in funds of £11,850 for the year, driven by total expenditure exceeding total income. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were independently examined.

Who funds LYMEARTS COMMUNITY TRUST LIMITED?

Funders whose own accounts filings name LYMEARTS COMMUNITY TRUST LIMITED as a grant recipient include THE THEATRES TRUST CHARITABLE FUND.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
THE THEATRES TRUST CHARITABLE FUNDFY2023£5kSmall Grants Programme

Government & lottery funding

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

FunderDateAmountPurpose
The National Lottery Community Fund12/09/2024£20kThe Golden Oldies Project; combating loneliness; supporting well-being
The National Lottery Community Fund17/12/2021£10kThe Golden Oldies Club