PREMA

Registered charity 1002269 · accounts filings on the Charity Commission register

Prema exists to allow the community to interface with quality arts activities through a programme of creative opportunities and cultural expression.

Objects

ADVANCEMENT OF ADUCATION PARTICULARLY BY THE ENCOURAGING OF THE ARTS AND CRAFTS AND THE PROMOTION OF THOSE ACTIVITIES WHICH MAKE THEM RELEVANT TO THE COMMUNITY.

Area of benefit: NOT DEFINED

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Education/training · Arts/culture/heritage/science · website · Get email alerts

Latest income
£157k
Latest spending
£152k
Registered
1991
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that unrestricted funds totalled £124,448 at year-end, an increase from the previous year, while total charity funds stood at £533,419. The trustees report that the certainty of future funding is 'far from certain' due to disinvestment from local authorities and reliance on Arts Council England support. Despite this uncertainty, the charity maintained a net income of £5,044 for the year and considers its unrestricted reserves adequate for future needs.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Public profiles (found on the charity’s own website): facebook · instagram

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Gloucestershire

Income and spending

Financial year endIncomeSpending
31/03/2025£157k£152k
31/03/2024£148k£157k
31/03/2023£179k£170k
31/03/2022£156k£149k
31/03/2021£131k£103k

Common questions

Is PREMA financially healthy?

Per its FY2025 accounts: The accounts state that unrestricted funds totalled £124,448 at year-end, an increase from the previous year, while total charity funds stood at £533,419. The trustees report that the certainty of future funding is 'far from certain' due to disinvestment from local authorities and reliance on Arts Council England support. Despite this uncertainty, the charity maintained a net income of £5,044 for the year and considers its unrestricted reserves adequate for future needs. Its FY2025 accounts were independently examined.

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
UK government13/10/2022£71kNational Portfolio Organisations
UK government13/10/2022£71kNational Portfolio Organisations
UK government13/12/2021£71kNational Portfolio Organisations
The National Lottery Community Fund17/11/2008£10kListening to Radiohead