THE ASPEX VISUAL ARTS TRUST LIMITED

Registered charity 1007620 · accounts filings on the Charity Commission register · also known as ASPEX GALLERY

Art gallery and educational charity

Causes: Education/training · Arts/culture/heritage/science · Economic/community Development/employment · website · Get email alerts

Latest income
£312k
Latest spending
£379k
Registered
1992
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a planned deficit of £72,074 for the year, with unrestricted reserves falling to £176,183. The trustees note that the long-term viability is currently dependent upon funding from a small number of organisations, specifically Arts Council England and Portsmouth City Council. Despite this dependence, the trustees believe there are no material uncertainties regarding the charity's 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: £150,000 (held: £176k)
Aspex has set its reserves policy to include: £55K designated to cover functional fixed assets & orderly wind up; £95K allowing 3 months trading equivalent.
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Compass Accountants. Discloses 5 of 6 completeness components.

Property (HM Land Registry)

2 registered titles 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

Trustees · trustee networks

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

Operates in: Hampshire · Portsmouth City

Income and spending

Financial year endIncomeSpending
31/03/2025£312k£379k
31/03/2024£296k£359k
31/03/2023£325k£384k
31/03/2022£364k£372k
31/03/2021£351k£358k

Common questions

Is THE ASPEX VISUAL ARTS TRUST LIMITED financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a planned deficit of £72,074 for the year, with unrestricted reserves falling to £176,183. The trustees note that the long-term viability is currently dependent upon funding from a small number of organisations, specifically Arts Council England and Portsmouth City Council. Despite this dependence, the trustees believe there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by Compass Accountants.

Government & lottery funding

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

FunderDateAmountPurpose
UK government13/10/2022£114kNational Portfolio Organisations
UK government13/12/2021£114kNational Portfolio Organisations
UK government28/09/2020£9kCoronavirus Community Support Fund
The National Lottery Community Fund03/07/2018£5kWelcome
The National Lottery Community Fund20/04/2018£10kFamily Saturdays
UK government08/06/2017£114kNational Portfolio Organisations
The National Lottery Heritage Fund30/03/2015£38k"Futurators - People of Portsmouth"
The National Lottery Community Fund11/02/2009£5kFridge Magnet Artists, Mini Makers and Art Club
The National Lottery Heritage Fund11/10/2007£5k"This Group Is Set Up To Maintain, Advance And Improve Visual Arts Within Hampshire. This Project Is To Take A Number Of Young People To The"
The National Lottery Community Fund22/08/2005£5kThe Nelson Touch

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 SPIKE ISLAND ARTSPACE LIMITED.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE ASPEX VISUAL ARTS TRUST LIMITED£312k0unclearno doubt
SPIKE ISLAND ARTSPACE LIMITED FY2025£1.5m0unclearno doubt
THE ARTS DEPOT TRUST LIMITED FY2025£2.5m£60,001 - £70,0001unclearno doubt
EXETER PHOENIX LTD FY2024£2.7m0belowno doubt
THE ARTANGEL TRUST FY2024£1.4m£90,001 - £100,000unclearno doubt
ROYAL SOCIETY OF PAINTER-PRINTMAKERS FY2024£123k0unclearno doubt

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