TYNE AND WEAR BUILDING PRESERVATION TRUST LIMITED
Financial health, per its FY2025 accounts
The accounts state that the charity reported a surplus of £16,131 for the year ended 31 March 2025, with total net assets of £2,277,952. The trustees consider that the charity has adequate resources to continue in operational existence for the foreseeable future, adopting the going concern basis of accounting. Free reserves were £12,557, which the trustees considered appropriate to hold, noting that the decrease was due to capital projects and the use of loan drawdown facilities.
What the accounts disclose
“It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure.” — page 5
“Simon Brown, the Honorary Treasurer of the Trust is a partner with Azets. During the year Azets provided accountancy and administrative services for fees of £17,128 (2024: £17,128 ).” — page 39
“During the year the Trust paid for Indemnity insurance on behalf of the Trustees of an amount of £820 (2024 £922).” — page 39
“Simon Brown, the Honorary Treasurer of the Trust is a partner with Azets. During the year Azets provided accountancy and administrative services for fees of £17,128 (2024: £17,128 ).” — page 39
“During the year the Trust paid for Indemnity insurance on behalf of the Trustees of an amount of £820 (2024 £922).” — page 39
Funders the charity credits
- Heritage Fund
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Alexandra Mary Watson
- Andrew David Mitchell
- Anthony Michael Wyatt
- Dr Neveen Ahmed Hamza
- Elizabeth Louise Mayes
- Frances Michelle Percy
- Geoffrey Robin Patrick Underwood
- Ian Maurice Burns
- Julie Madeleine Jacques
- Katherine Jane Wilson
- Margaret Bozic MBE
- Michael David Firth
- Michael Murphy
- Michael Roger Thompson
- SHONA PATRICIA ALEXANDER
- Sarah Dyer
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.1m | £1.1m |
| 31/03/2024 | £485k | £587k |
| 31/03/2023 | £770k | £845k |
| 31/03/2022 | £541k | £556k |
| 31/03/2021 | £1.1m | £820k |
Common questions
Is TYNE AND WEAR BUILDING PRESERVATION TRUST LIMITED financially healthy?
The accounts state that the charity reported a surplus of £16,131 for the year ended 31 March 2025, with total net assets of £2,277,952. The trustees consider that the charity has adequate resources to continue in operational existence for the foreseeable future, adopting the going concern basis of accounting. Free reserves were £12,557, which the trustees considered appropriate to hold, noting that the decrease was due to capital projects and the use of loan drawdown facilities. Its FY2025 accounts were audited by Kinnair Associates Limited.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 11/09/2024 | £5.1m | "Restore and Reuse Keelmen's Hospital as Affordable Housing" |
| The National Lottery Heritage Fund | 31/07/2023 | £144k | "TWBPT Resilience - People, Partnerships, Peers" |
| The National Lottery Heritage Fund | 29/06/2020 | £48k | "COVID19 Tyne and Wear Building Preservation Trust" |
| The National Lottery Heritage Fund | 10/03/2016 | £583k | "Restoration and re-use of St Hilda's Colliery Headstock" |
| The National Lottery Heritage Fund | 17/12/2015 | £57k | "Increase the Resilience of the Tyne & Wear Building Preservation Trust" |
| The National Lottery Heritage Fund | 20/12/2013 | £6k | "Jesmond Dene Banqueting Hall" |
| The National Lottery Heritage Fund | 07/06/2013 | £8k | "Increasing the use of private donations and private low interest loans or bonds" |
| The National Lottery Heritage Fund | 15/03/2013 | £467k | "Dunston Staiths" |
| The National Lottery Heritage Fund | 25/07/1995 | £739k | "Alderman Fenwick's House, Newcastle upon Tyne" |