Inner City Buildings Preservation Trust
Latest income
£153k
Latest spending
—
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that the Trust reported a net income of £11,091 for the year ended 31 March 2025, resulting in an increase in net assets to £1,462,003. The Trustees confirm that unrestricted reserves of £836,766 are more than adequate to sustain operations, with £310,000 specifically set aside for future major maintenance works. The filing concludes that the Trust maintains a solid financial foundation and continues in good financial health.
What the accounts disclose
Related-party transaction: Londonderry Inner City Trust is the sole member of the Inner City Building Preservation Trust, with the power to appoint Trustees.
“The Trust is part of the Londonderry Inner City Trust group of companies and Londonderry Inner City Trust is the sole member of the Inner City Building Preservation Trust, with the power to appoint Trustees.” — page 6
Per FY2025 accounts as filed with CCNI.
Employees paid over £60,000: 0
Per FY2025 accounts as filed with CCNI.
Largest income source: Rent
“The main source of income is rent from the refurbished Northern Counties building, now operating independently as the Bishop's Gate Hotel. Net income from rent for the year was £133,074”
Per FY2025 accounts as filed with CCNI.
Independent examiner: Fergus McAteer & Co
Per FY2025 accounts as filed with CCNI.