AXMINSTER HERITAGE LIMITED

Registered charity 1113818 · accounts filings on the Charity Commission register

The provision of a community building & carpet museum of national importance in Axminster.

Causes: Education/training · Arts/culture/heritage/science · Environment/conservation/heritage · website · Get email alerts

Latest income
£35k
Latest spending
£127k
Registered
2006
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net expenditure deficit of £90,590 for the year, reducing its total funds from £994,990 to £904,400. Despite this deficit, the trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. The charity holds unrestricted reserves of £73,404, which is below its stated policy target of holding reserves sufficient to operate for up to one year without charitable income.

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

What the accounts disclose

Reserves policy: one year of unrestricted expenditure (held: £73k)
allowing it to operate without any income from its charitable activities for up to one year.
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

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Trustees · trustee networks

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

Operates in: Devon

Income and spending

Financial year endIncomeSpending
28/02/2025£35k£127k
29/02/2024£34k£54k
28/02/2023£34k£30k
28/02/2022£107k£116k
28/02/2021£95k£131k

Common questions

Is AXMINSTER HERITAGE LIMITED financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a net expenditure deficit of £90,590 for the year, reducing its total funds from £994,990 to £904,400. Despite this deficit, the trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. The charity holds unrestricted reserves of £73,404, which is below its stated policy target of holding reserves sufficient to operate for up to one year without charitable income. Its FY2025 accounts were independently examined.

Government & lottery funding

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

FunderDateAmountPurpose
The National Lottery Heritage Fund21/06/2016£583k"Restoration of Thomas Whitty House and creation of Axminster Heritage Centre (final Phase)"
The National Lottery Heritage Fund06/05/2015£70k"Restoration of Thomas Whitty House and redevelopment of Axminster Museum (phase 1)"