HOLY ISLAND OF LINDISFARNE COMMUNITY DEVELOPMENT TRUST
Provide affordable housing for island residents. Deliver projects for the benefit of the island and its residents. This includes environmental and heritage projects.
Latest income
£257k
Latest spending
£230k
Registered
2009
Accounts read
FY2025
Financial health, per its FY2025 accounts
The accounts state that total income increased to £256,789 from £180,426 in the prior year, driven largely by government grants for the Holy Island 2050 project. Per the trustees' report, unrestricted cash reserves are £81,566, which the trustees consider sufficient to cover annual operating costs of approximately £35,000 and emergencies. The charity holds significant tangible fixed assets valued at £1,734,111, including social housing and community facilities.
What the accounts disclose
Reserves policy: sufficient cash balance to cover annual operating costs and any one-off emergencies... adequate reserve fund to meet expenditure on cyclical repairs to the affordable housing stock (held: £82k)
“The reserves strategy is to maintain a sufficient cash balance to cover annual operating costs and any one-off emergencies. The current priority is to ensure that cash reserves are grown to create an adequate reserve fund to meet expenditure on cyclical repairs to the affordable housing stock.” — page 7
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Trust receives rent from subsidiary Lindisfarne Heritage Centre Limited for the gift shop. Rent is £3,000 plus VAT or annual operating profit plus VAT, whichever is lower.
“The Trust receives rent from its subsidiary in respect of the Centre gift shop. The yearly rent is £3,000 plus value added tax thereon or the annual operating profit of the subsidiary derived from their occupation of the premises plus value added tax thereon whichever is the lower (2024: £3,000). The Trust paid £1,800 (2024: £1,200) to the Centre as a management charge.” — page 17
“The Trust also provides the Heritage Centre with an interest free loan of £29,151 (2024: £29,151), to provide adequate working capital for the business.” — page 17
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Trust provides an interest-free loan of £29,151 to subsidiary Lindisfarne Heritage Centre Limited for working capital.
“The Trust receives rent from its subsidiary in respect of the Centre gift shop. The yearly rent is £3,000 plus value added tax thereon or the annual operating profit of the subsidiary derived from their occupation of the premises plus value added tax thereon whichever is the lower (2024: £3,000). The Trust paid £1,800 (2024: £1,200) to the Centre as a management charge.” — page 17
“The Trust also provides the Heritage Centre with an interest free loan of £29,151 (2024: £29,151), to provide adequate working capital for the business.” — page 17
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Trustee paid an honorarium of £990 for performing duties as harbourmaster.
“The Trust receives rent from its subsidiary in respect of the Centre gift shop. The yearly rent is £3,000 plus value added tax thereon or the annual operating profit of the subsidiary derived from their occupation of the premises plus value added tax thereon whichever is the lower (2024: £3,000). The Trust paid £1,800 (2024: £1,200) to the Centre as a management charge.” — page 17
“The Trust also provides the Heritage Centre with an interest free loan of £29,151 (2024: £29,151), to provide adequate working capital for the business.” — page 17
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Lindisfarne Heritage Centre Limited
“The Trust has a wholly owned subsidiary trading company, Lindisfarne Heritage Centre Limited (LHC Ltd).” — page 6
Per its FY2025 accounts as filed with the Charity Commission.
Property (HM Land Registry)
Trustees
- RICHARD PATTERSONchair
- Andrew Mundy
- CLLR RICHARD JOHN DOUGLAS WATKIN
- David Hughes
- Dr Richard Hills
- George Scott Hogarth
- Heather Stiansen
- Jane Crossman
- John Anthony Bevan
- Jonathan Hewitt
- Karen Ward
- Paul Thomas Douglas
- Rebecca Justine Simpson
- Rev Sarah Ann Hills
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £257k | £230k |
| 31/12/2024 | £180k | £195k |
| 31/12/2023 | £104k | £117k |
| 31/12/2022 | £96k | £103k |
| 31/12/2021 | £138k | £109k |
Common questions
Is HOLY ISLAND OF LINDISFARNE COMMUNITY DEVELOPMENT TRUST financially healthy?
Per its FY2025 accounts: The accounts state that total income increased to £256,789 from £180,426 in the prior year, driven largely by government grants for the Holy Island 2050 project. Per the trustees' report, unrestricted cash reserves are £81,566, which the trustees consider sufficient to cover annual operating costs of approximately £35,000 and emergencies. The charity holds significant tangible fixed assets valued at £1,734,111, including social housing and community facilities. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 14/08/2012 | £42k | Holy Island Harbour |
| The National Lottery Heritage Fund | 19/07/2011 | £1.5m | "Peregrini Lindisfarne" |
| Northern Rock Foundation | 19/10/2007 | £350 | Grant awarded to Holy Island of Lindisfarne Community Development Trust (Northumberland) |
| The National Lottery Heritage Fund | 19/03/2007 | £50k | "793 AD" |
| The National Lottery Heritage Fund | 08/04/2004 | £25k | "Lindisfarne Gospels Garden" |
| Northern Rock Foundation | 16/06/2003 | £10k | Grant awarded to Holy Island of Lindisfarne Community Development Trust (Northumberland) |
| The National Lottery Heritage Fund | 24/04/2003 | £48k | "Facsimile Gospels Exhibition" |
| Northern Rock Foundation | 04/07/2002 | £7k | Grant awarded to Holy Island of Lindisfarne Community Development Trust (Northumberland) |
| Northern Rock Foundation | 02/11/2000 | £9k | Grant awarded to Holy Island of Lindisfarne Community Development Trust (Northumberland) |