SPIKE ISLAND ARTSPACE LIMITED
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.
Objects
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.
Financial health, per its FY2025 accounts
The accounts state that the charity recorded a deficit on unrestricted general funds of £34,932, resulting in general reserves of £246,167, which is below the trustees' stated policy target of circa £250,000. Despite this, the trustees and auditors confirm there are no material uncertainties regarding the charity's ability to continue as a going concern, citing secured multi-year funding agreements with Arts Council England and Bristol City Council.
What the accounts disclose
“The Trustees consider the ideal level of general reserves to be 3 months of operating costs, at circa £250,000.”
“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. All transactions were carried out at arms length. There were no amounts outstanding at year end.” — page 44
“Harriet Bowman, trustee, paid a total of £2,552 (2024: £901) to Spike Island Artspace Ltd for studio rent during the year. There was £nil outstanding at year end (2024: £451).” — page 44
“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. All transactions were carried out at arms length. There were no amounts outstanding at year end.” — page 44
“Harriet Bowman, trustee, paid a total of £2,552 (2024: £901) to Spike Island Artspace Ltd for studio rent during the year. There was £nil outstanding at year end (2024: £451).” — page 44
“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. All transactions were carried out at arms length. There were no amounts outstanding at year end.” — page 44
“Harriet Bowman, trustee, paid a total of £2,552 (2024: £901) to Spike Island Artspace Ltd for studio rent during the year. There was £nil outstanding at year end (2024: £451).” — page 44
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
- Government income: £284,600 — grants £284,600 (2); 18% of the £1,548,286 total gross income on the same return
Self-declared on the annual return for the financial year ending 31/03/2024
- Government income: £271,600 — grants £271,600 (2); 15% of the £1,811,352 total gross income on the same return
Self-declared on the annual return for the financial year ending 31/03/2023
- Government income: £271,600 — grants £271,600 (2); 14% of the £1,947,630 total gross income on the same return
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Professor Judith Ann Squireschair
- Catherine Louise Frankpitt
- Deana Vanagan
- Harriet Bowman
- Jane Veronica Sillis
- Lianne Christine Toye
- Lucy Anne Bailey
- Maria do Carmo Matosinho Peres de Pontes
- Paul Purgas
- Piers Lewis Henry Tincknell
- Professor William Mortimer Gething
- Sophie Amono
- Tamsin Mei Hong
- Theresa Rebecca A'Court Bergne
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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 deficit on unrestricted general funds of £34,932, resulting in general reserves of £246,167, which is below the trustees' stated policy target of circa £250,000. Despite this, the trustees and auditors confirm there are no material uncertainties regarding the charity's ability to continue as a going concern, citing secured multi-year funding agreements with Arts Council England and Bristol City Council. 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, THE FENTON ARTS TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| JOHN JAMES BRISTOL FOUNDATION | FY2024 | £30k | Community |
| THE FENTON ARTS TRUST | FY2026 | £5k |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 13/01/2016 | £9k | "Artspace's 40th Anniversary: Celebrating the artists' collective at the origins of Spike Island, Bristol" |
| The National Lottery Heritage Fund | 11/01/2011 | £9k | "Brooke Bond Spike island :The Tea Stories" |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| COLWINSTON CHARITABLE TRUST | 1 | £15k |
| THE DULVERTON TRUST | 1 | £15k |
| THE J G GRAVES CHARITABLE TRUST | 1 | £4k |
| THE DIXIE ROSE FINDLAY CHARITABLE TRUST | 1 | £3k |
| SHEFFIELD TOWN TRUST | 1 | £3k |
Charities like this
- SPACE ART
- S1: ARTSPACE/PROJECTS
- ARTSPACE LIFESPACE
- AESOP ARTS AND SOCIETY LIMITED
- RIVERSIDE ARTS CENTRE LIMITED
- CORBY COMMUNITY ARTS ASSOCIATION LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| SPIKE ISLAND ARTSPACE LIMITED | £1.5m | — | 0 | unclear | — | no doubt |
| SPACE ART | £35k | — | 0 | unclear | — | no doubt |
| S1: ARTSPACE/PROJECTS | £2.8m | — | 0 | unclear | — | no doubt |
| ARTSPACE LIFESPACE | £775k | — | 0 | above | — | no doubt |
| AESOP ARTS AND SOCIETY LIMITED | £431k | £50,000 to £59,999 | 0 | unclear | — | not going concern |
| RIVERSIDE ARTS CENTRE LIMITED | £77k | — | 0 | unclear | — | no doubt |