SPIKE ISLAND ARTSPACE LIMITED

Registered charity 1003505 · accounts filings on the Charity Commission register · also known as ARTSPACE BRISTOL LIMITED, SPIKE ISLAND, SPIKE ISLAND ARTSPACE LTD

The primary objects for which the Association is established is to advance the arts for the public benefit through the promotion of Contemporary Art and the education of the public in the understanding and appreciation of Contemporary Art.

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

Latest income
£1.5m
Latest spending
£1.6m
Registered
1991
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity recorded a net deficit of £7,054 for the year, resulting in unrestricted general reserves of £246,167. The trustees consider the ideal level of general reserves to be approximately £250,000, representing three months of operating costs, which the charity is currently just below. The trustees are satisfied that the charity will be able to meet all its financial commitments and have confirmed there are no material uncertainties regarding its ability to continue as a going concern.

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

What the accounts disclose

Reserves policy: three months of operating costs, at circa £250,000 (held: £246k)
“The Trustees consider the ideal level of general reserves to be 3 months of operating costs, at circa £250,000.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Piers Tincknell, trustee, is a director of Atomic Smash Ltd. Purchases of £7,290 for website management were made.
“Piers Tincknell, who is a trustee of the charity, is also a director of Atomic Smash Ltd. During the year, purchases of £7,290 for website management (2024: £17,865) were made.” — page 44
“Harriet Bowman, trustee, paid a total of £2,552 (2024: £901) to Spike Island Artspace Ltd for studio rent during the year.” — page 44
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Harriet Bowman, trustee, paid £2,552 for studio rent.
“Piers Tincknell, who is a trustee of the charity, is also a director of Atomic Smash Ltd. During the year, purchases of £7,290 for website management (2024: £17,865) were made.” — page 44
“Harriet Bowman, trustee, paid a total of £2,552 (2024: £901) to Spike Island Artspace Ltd for studio rent during the year.” — page 44
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Nicole Yip, CEO, is a director of Film London. Purchases of £180 for speaking at an event were made.
“Piers Tincknell, who is a trustee of the charity, is also a director of Atomic Smash Ltd. During the year, purchases of £7,290 for website management (2024: £17,865) were made.” — page 44
“Harriet Bowman, trustee, paid a total of £2,552 (2024: £901) to Spike Island Artspace Ltd for studio rent during the year.” — page 44
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Godfrey Wilson Limited. Discloses 5 of 6 completeness components.

Property (HM Land Registry)

1 registered title in England and Wales held by the charity’s company or corporate body (0 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

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

Structured financials (annual return, FY ending 31/03/2025)

Total income
£1.5m
Total spending
£1.6m
Cost of raising funds
£170k
Reserves (reported)
£246k
Employees
56

Reported reserves equal ~1.9 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Charitable activities (71% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 11.0% of total income — above the median for charities its size (5.2%) (benchmarks).

Trustees · trustee networks

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

Operates in: Bath And North East Somerset · Bristol City · North Somerset · South Gloucestershire

Income and spending

Financial year endIncomeSpending
31/03/2025£1.5m£1.6m
31/03/2024£1.8m£1.8m
31/03/2023£1.9m£1.9m
31/03/2022£1.5m£1.4m
31/03/2021£1.2m£1.2m

Common questions

Is SPIKE ISLAND ARTSPACE LIMITED financially healthy?

Per its FY2025 accounts: The accounts state that the charity recorded a net deficit of £7,054 for the year, resulting in unrestricted general reserves of £246,167. The trustees consider the ideal level of general reserves to be approximately £250,000, representing three months of operating costs, which the charity is currently just below. The trustees are satisfied that the charity will be able to meet all its financial commitments and have confirmed there are no material uncertainties regarding its ability to continue as a going concern. Its FY2025 accounts were audited by Godfrey Wilson Limited.

Who funds SPIKE ISLAND ARTSPACE LIMITED?

Funders whose own accounts filings name SPIKE ISLAND ARTSPACE LIMITED as a grant recipient include JOHN JAMES BRISTOL FOUNDATION.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
JOHN JAMES BRISTOL FOUNDATIONFY2024£30kCommunity

Government & lottery funding

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

FunderDateAmountPurpose
The National Lottery Heritage Fund13/01/2016£9k"Artspace's 40th Anniversary: Celebrating the artists' collective at the origins of Spike Island, Bristol"
The National Lottery Heritage Fund11/01/2011£9k"Brooke Bond Spike island :The Tea Stories"

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with ARTSWORK LIMITED.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
SPIKE ISLAND ARTSPACE LIMITED£1.5m—0unclear—no doubt
ARTSWORK LIMITED FY2025£1.9m——unclear—no doubt
NEWCASTLE ARTS CENTRE TRUST LTD FY2025£175k—0unclear—no doubt
ART SPACE FY2026£497k—0unclear—no doubt
CONTAINS ART CIO FY2025£330kUnder £60,0000above—no doubt
THE ASPEX VISUAL ARTS TRUST LIMITED FY2025£312k—0unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.