BRIDPORT AREA DEVELOPMENT TRUST
The promotion, for the benefit of the public, of urban or rural regeneration in areas of social and economic deprivation (and in particular in Bridport and the surrounding parishes).
Financial health, per its FY2025 accounts
The accounts state that the charity reported a total deficit on unrestricted funds of £1,696 and a restricted fund deficit of £102,090 for the year ended 31 March 2025. Total funds held decreased to £2,662,778 from £2,911,820 in the previous year, with unrestricted reserves falling to £5,986. The trustees note that the high level of overall reserves is considered desirable given the historic nature of the buildings and the need for frequent unplanned maintenance.
What the accounts disclose
Property (HM Land Registry)
Register events
- Received assets from another charity (30/03/2016)
Trustees
- Andrew John Cook
- DAVID LEE
- IAN ALBERT JOHNSON
- Ian Richard Bark
- Marek Waclaw Wakar
- Michael David Collard
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £79k | £328k |
| 31/03/2024 | £97k | £99k |
| 31/03/2023 | £139k | £130k |
| 31/03/2022 | £121k | £107k |
| 31/03/2021 | £106k | £93k |
Common questions
Is BRIDPORT AREA DEVELOPMENT TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a total deficit on unrestricted funds of £1,696 and a restricted fund deficit of £102,090 for the year ended 31 March 2025. Total funds held decreased to £2,662,778 from £2,911,820 in the previous year, with unrestricted reserves falling to £5,986. The trustees note that the high level of overall reserves is considered desirable given the historic nature of the buildings and the need for frequent unplanned maintenance. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 10/12/2025 | £71k | "The Literary and Scientific Institute (LSi) project requires emergency funding for urgent repairs and maintenance to ensure the future sustainability of the Georgian Style building." |
| The National Lottery Heritage Fund | 05/11/2019 | £86k | "Reslience fund application" |
| The National Lottery Heritage Fund | 27/11/2012 | £1.6m | "Bridport Literary and Scientific Institute Restoration Project" |