CRAFTSPACE
Craftspace is a Crafts Development Agency which aims to push boundaries and perceptions around crafts practice, presentation and learning. We do this through a programme of touring exhibitions, research and participatory projects in community and educational settings.
Objects
TO ADVANCE EDUCATION BY PROMOTING AND DEVELOPING THE KNOWLEDGE, UNDERSTANDING AND APPRECIATION OF CONTEMPORARY CRAFTS
Financial health, per its FY2025 accounts
The accounts state that Craftspace reported a net expenditure of £23,100 for the year ended 31 March 2025, resulting in a decrease in total funds to £360,831. The charity maintains a reserves policy aiming for three months of running costs in unrestricted reserves, though the specific unrestricted balance is not explicitly compared to this target in the text. The independent examiner confirmed that the accounts give a true and fair view and no matters were identified that would impact the understanding of the financial statements.
What the accounts disclose
“Total incoming resources received in the year to 31 March 2025 was £337,561 (2024: £362,576) derived mainly from donations and legacies.” — page 11
“The company aims to maintain annual general unrestricted reserves amounting to at least three months running costs to include fixed overheads and salaries.” — page 11
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/03/2025
- Volunteers: 16
- Government income: £8,107 — grants £8,107 (1); 2% of the £337,561 total gross income on the same return
Self-declared on the annual return for the financial year ending 31/03/2024
- Volunteers: 48
- Government income: £8,750 — grants £8,750 (2); 2% of the £362,576 total gross income on the same return
Self-declared on the annual return for the financial year ending 31/03/2023
- Volunteers: 23
- Government income: £10,998 — grants £10,998 (1); 3% of the £340,045 total gross income on the same return
In the news
Trustees
- MATTHEW RHODESchair
- Andrea Collier
- CORINNE MILLER
- Dr Nina Pearlman
- Dr Rweyemamu Ndibalema
- KARINA THOMPSON
- Saskia Boersma
- Saul Jones
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £338k | £361k |
| 31/03/2024 | £363k | £332k |
| 31/03/2023 | £340k | £427k |
| 31/03/2022 | £419k | £339k |
| 31/03/2021 | £253k | £295k |
Common questions
Is CRAFTSPACE financially healthy?
Per its FY2025 accounts: The accounts state that Craftspace reported a net expenditure of £23,100 for the year ended 31 March 2025, resulting in a decrease in total funds to £360,831. The charity maintains a reserves policy aiming for three months of running costs in unrestricted reserves, though the specific unrestricted balance is not explicitly compared to this target in the text. The independent examiner confirmed that the accounts give a true and fair view and no matters were identified that would impact the understanding of the financial statements. Its FY2025 accounts were independently examined.
Who funds CRAFTSPACE?
Funders whose own accounts filings name CRAFTSPACE as a grant recipient include THE ENERGY SAVING TRUST FOUNDATION, THE ELMLEY FOUNDATION, THE SAINTBURY TRUST, DR RADCLIFFE'S TRUST, HEREFORDSHIRE COMMUNITY FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE ENERGY SAVING TRUST FOUNDATION | FY2024 | £40k | Not specified in grant list, detailed in Trustees' Report |
| THE ENERGY SAVING TRUST FOUNDATION | FY2025 | Unverified read£40k | |
| THE ENERGY SAVING TRUST FOUNDATION | FY2026 | £21k | |
| THE ELMLEY FOUNDATION | FY2025 | £8k | |
| DR RADCLIFFE'S TRUST | FY2021 | Unverified read£5k | ICraflsR dhe Com Pam Tradhiwol CmAs read |
| THE SAINTBURY TRUST | FY2023 | £4k | The Advancement of Arts, Culture, Heritage or Science |
| DR RADCLIFFE'S TRUST | FY2024 | £4k | In:Site 2023 Professional Development Programme |
| THE ELMLEY FOUNDATION | FY2024 | £2k | |
| HEREFORDSHIRE COMMUNITY FOUNDATION | FY2024 | £1k | Joanies Fund |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 16/12/2015 | £6k | Making For Change - social activism through Craft |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| STRATFORD-UPON-AVON TOWN TRUST | 1 | £51k |
| NATIONAL ART COLLECTIONS FUND | 1 | £42k |
| THE BRITFORD BRIDGE TRUST | 1 | £30k |
| THE OPENWORK FOUNDATION | 1 | £10k |
| THE J G GRAVES CHARITABLE TRUST | 1 | £4k |
| THE DIXIE ROSE FINDLAY CHARITABLE TRUST | 1 | £3k |
| SHEFFIELD TOWN TRUST | 1 | £3k |
| THE NORTON FOUNDATION | 1 | £2k |
Charities like this
- CRAFTS COUNCIL
- SPACE ART
- Making Space For Crafts Ltd
- S1: ARTSPACE/PROJECTS
- Yorkshire Artspace Society
- ARTSPACE LIFESPACE
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| CRAFTSPACE | £338k | — | 0 | unclear | — | no doubt |
| CRAFTS COUNCIL | £3.6m | £90,001 - £100,000 | 4 | below | — | no doubt |
| SPACE ART | £35k | — | 0 | unclear | — | no doubt |
| Making Space For Crafts Ltd | £188k | — | 0 | above | — | no doubt |
| S1: ARTSPACE/PROJECTS | £2.8m | — | 0 | unclear | — | no doubt |
| Yorkshire Artspace Society | £563k | — | 0 | below | — | no doubt |