AXIS WEB
We promote public understanding and appreciation of contemporary visual art across the UK by supporting the artists who make it. We create new opportunities through fellowships, awards, bursaries, commissions and art workspace; encourage good practice through mentoring, learning and advice; and bring artists' work to audiences through our website, events and publications.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure of £21,384 for the year ended 31 March 2025, resulting in free reserves of £206,436. The trustees' report indicates that this reserve level is below the stated policy target of maintaining free reserves at a level around six months’ core expenditure. The independent examiner confirmed that no material matters came to their attention during the examination of the accounts.
What the accounts disclose
“Maintain free reserves at a level around six months’ core expenditure, together with provision for redundancy and closure costs.” — page 9
“At the balance sheet date the Charity was owed £899 (2024: £1,827) by Axis Web Development Limited (a wholly owned subsidiary company) which is included within debtors.” — page 17
“Axis Web Development Limited (a wholly owned subsidiary company)”
Trustees
- Catherine Isobel Mary Hemelryk
- Diana Ali
- Edwin Colyer
- Fiona Grady
- Holly Slingsby
- Juan Carlos Candanedo Saez
- Michael Watson
- Pamela Karen Newall
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £349k | £371k |
| 31/03/2024 | £362k | £385k |
| 31/03/2023 | £453k | £406k |
| 31/03/2022 | £348k | £353k |
| 31/03/2021 | £324k | £274k |
Common questions
Is AXIS WEB financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net expenditure of £21,384 for the year ended 31 March 2025, resulting in free reserves of £206,436. The trustees' report indicates that this reserve level is below the stated policy target of maintaining free reserves at a level around six months’ core expenditure. The independent examiner confirmed that no material matters came to their attention during the examination of the accounts. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE GLASS-HOUSE TRUST | 1 | £675k |
| THE YOUTH ENDOWMENT FUND CHARITABLE TRUST | 1 | £416k |
| REUBEN FOUNDATION | 1 | £120k |
| IMPETUS - THE PRIVATE EQUITY FOUNDATION | 1 | £111k |
| THE DORFMAN FOUNDATION | 1 | £102k |
| THE DAVID LEAN FOUNDATION | 1 | £40k |
| THE YOUNG BARNET FOUNDATION | 1 | £31k |
| JOHN JAMES BRISTOL FOUNDATION | 1 | £30k |
Charities like this
- ARTSWORK LIMITED
- HELIX ARTS LIMITED
- NEW CONTEMPORARIES (1988) LIMITED
- THE AXIS EDUCATIONAL TRUST
- RAVEN ROW
- GRAND UNION ARTS CIO
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| AXIS WEB | £349k | — | 0 | unclear | — | no doubt |
| ARTSWORK LIMITED | £1.9m | — | — | unclear | — | no doubt |
| HELIX ARTS LIMITED | £437k | — | 0 | above | — | no doubt |
| NEW CONTEMPORARIES (1988) LIMITED | £366k | — | 0 | unclear | — | no doubt |
| THE AXIS EDUCATIONAL TRUST | £879k | — | 0 | unclear | — | no doubt |
| RAVEN ROW | £1.5m | — | 0 | above | — | no doubt |