Minehead and Coast Development Trust
Analysis
Minehead and Coast Development Trust is a registered charity in England and Wales, based in Watchet. It was registered in October 2011, 15 years ago. Its declared purposes cover education/training, arts/culture/heritage/science, environment/conservation/heritage and economic/community development/employment, which this site groups under arts, culture, heritage and science. Legally it is a charitable company (Companies House number 07322858). It says it provides buildings/facilities/open space and acts as an umbrella or resource body.
In the financial year ending March 2025, Minehead and Coast Development Trust reported income of £88k and spending of £123k, spending 140% of what it took in. Across the 5 years on record, from March 2021 to March 2025, income grew from £12k to £88k (+633%), an average of +65% a year. The sharpest change came in the year to March 2022, when income rose by 1433%. Over the whole period it spent 93% of the income it received.
Among 17,634 England and Wales charities whose main cause is arts, culture, heritage and science and that reported income, Minehead and Coast Development Trust sits at the 77th percentile: it is larger than about 77% of them. Against every charity in England and Wales with reported income it ranks in the 69th percentile. Charities of a similar size with the same main cause include The Association of Woodturners of Great Britain (£88k), Chardon Trust (£88k) and St Austell Arts Centre (£88k).
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Other 100%
In the charity's own words
MDT works with the community to deliver social, economic and cultural regeneration projects. MDT's main aim is to acquire the redundant Old Hospital and develop it as a town-centre community hub including an information centre, the Library, a museum and space for events. MDT currently runs Minehead Information Centre and employs a manager to support the town's economic regeneration strategy.
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| The Association of Woodturners of Great Britain | Watford | £88k |
| Chardon Trust | Llandudno | £88k |
| St Austell Arts Centre | St Austell | £88k |
| Factory Foundation | Bristol | £88k |