Fairfield House Bath CIC

Active11901221Real estateIncorporated 23 Mar 2019 · Bath

During 2024–2025 financial year, FHB CIC benefited local residents, visitors, partner institutions, and diaspora communities in the following ways: • 5000 members of the public and visitors accessed cultural learning and heritage through weekly historical guided tours and monthly Rastafari Sabbath observances. Fairfield House was recognised as a "top 10% global visitor experience" by TripAdvisor, strengthening Bath's cultural offering. • 15 students from Bath Spa University gained practical skills and learning opportunities through placements and collaborative projects. This partnership strengthens Bath's higher education sector and serves local residents. Fairfield House was awarded External Partner of the Year by the university. • Refugee communities and local residents participated in educational programming, such as the Bath Refugee Festival, and a presentation by Bekele Woyecha (Together with Refugees) as part of the Bath Welcomes Refugees programme. This helped build understanding around refugee experiences in the Bath community. • Community partners, heritage stakeholders, and local residents benefited from FHB CIC’s strengthened infrastructure and long-term sustainability planning. The CIC launched the Securing the Future Project (2025–2027), hired three staff members and developed the groundwork for a close partnership with the National Lottery Heritage Fund. We expanded our Partnership Board to include Bath Spa University, Bath Preservation Trust, Bristol Legacy Foundation, and cultural leaders. This governance work supports FHB CIC’s efforts to secure the long-term lease and Community Asset Transfer, ensuring Fairfield House remains a community resource. • 150 elders benefited from inclusive gatherings and wellbeing-focused activities organized by Fairfield House that helps sustain belonging and community support networks. • Fairfield House staff, heritage stakeholders, and the wider community benefited from a research and partnership-building trip to Ethiopia by the Operations Manager, Ras Benji, which strengthened institutional relationships with the Institute of Ethiopian Studies, Addis Ababa City Hall, the Jubilee (National) Palace, the Ethiopian Parliament, and the repatriated community in Shashamane, supporting international cultural exchange and the long-term heritage mission of the house. • Local, national, and international audiences benefited from new partnerships and artistic exchanges, including hosting world-renowned pianist Girma Yifrashewa for a Bath Abbey benefit concert and a performance for BEMSCA elders, and receiving delegations from the Ethiopian Ambassador to the UK, His Excellency Misgana Arega.

Revenue

£74k

▲ +3.6% vs prior ~12m period

Profit after tax

-£9k

Margin -15.7%

Employees

4

▲ +300.0% vs prior ~12m period

Net assets

£26k

Total assets £88k

Financial history

Revenue by accounting period

5 periods available · ▲ growth ▼ decline

Mar 2020
£18k
Mar 2021
£12k▼ -29.3%
Mar 2024
£71k
Mar 2025
£74k▲ +3.6%
Mar 2026
Not available
Period endRevenueGrowthProfit before taxEmployeesNet assets
31 Mar 2026———4£26k
31 Mar 2025£74k▲ +3.6%-£12k1£30k
31 Mar 2024£71k—£6k1£39k
31 Mar 2021£12k▼ -29.3%£6k0£19k
31 Mar 2020£18k—£17k0£14k

Some periods are not about 12 months apart, usually because the company changed its year end or the register holds more than one set of accounts for a year. Growth is shown only against a prior period roughly 12 months earlier.

Latest available figures

Period ending 31 Mar 2025. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.

Profit & loss

Revenue
£74k
Gross profit
£17k
Operating profit
-£12k
Profit before tax
-£12k
Profit after tax
-£9k

Balance sheet

Total assets
£88k
Cash
£81k
Total liabilities
£62k
Net assets
£26k
Revenue per employee
Not available

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