Worcestershire Building Preservation Trust
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves increased to £186,834, while restricted funds remained at £2,719, resulting in total funds of £189,553. The charity reported a net surplus of £165,877 for the year, driven by significant grant income from the National Lottery Heritage Fund and Wychavon District Council. The trustees confirmed that the financial statements were prepared on a going concern basis with no material uncertainties identified.
What the accounts disclose
“It is the policy of the Board to maintain a level of reserves sufficient to ensure the continued operation of Trust activities.” — page 8
“Professional fees include £13,149 (2024 - £3,827) paid to IWSA Limited, a company in which a trustee, I Wilson, is a director. All transactions with that company have been on an arms length basis.” — page 21
Funders the charity credits
- National Lottery Heritage Fund
Structured financials (annual return, FY ending 31/03/2025)
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.3m | £1.1m |
| 31/03/2024 | £186k | £202k |
| 31/03/2023 | £290k | £271k |
| 31/03/2022 | £83k | £89k |
| 31/03/2021 | £39k | £39k |
Common questions
Is Worcestershire Building Preservation Trust financially healthy?
The accounts state that unrestricted reserves increased to £186,834, while restricted funds remained at £2,719, resulting in total funds of £189,553. The charity reported a net surplus of £165,877 for the year, driven by significant grant income from the National Lottery Heritage Fund and Wychavon District Council. The trustees confirmed that the financial statements were prepared on a going concern basis with no material uncertainties identified. Its FY2025 accounts were audited by Muras Baker Jones Limited.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 03/03/2020 | £2.6m | "Willow Court Farmhouse - Safe as Houses" |
| The National Lottery Heritage Fund | 20/03/2012 | £795k | "Weavers' Cottages" |
| The National Lottery Heritage Fund | 13/03/2002 | £372k | "Church House Areley Kings - Restoration, Worcestershire" |
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