EAST ANGLIA ART FUND
Latest income
£101k
Latest spending
£102k
Registered
1992
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves amounted to £44,377, which the Trustees consider sufficient to cover ongoing management expenses and charitable expenditure. The charity reported a net expenditure of £2,391 (excluding investment losses) against total income of £100,264, maintaining a positive net asset position of £1,372,215.
What the accounts disclose
Reserves policy: sufficient funds... to cover the ongoing management and administrative expenses... and provide funds for charitable expenditure (held: £44k)
“Accordingly, the Trustees ensure that sufficient funds are retained to generate levels of income, which together with regular fund raising activities are at least sufficient to cover the ongoing management and administrative expenses of the Fund and provide funds for charitable expenditure.”
Per its FY2024 accounts as filed with the Charity Commission.
Trustees
- Sir NICHOLAS LYONSchair
- CHARLOTTE CRAWLEY
- James Colman
- Nichola Johnson
- SUSAN JACK
- Sir Richard Jewson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/01/2025 | £101k | £102k |
| 31/01/2024 | £100k | £103k |
| 31/01/2023 | £104k | £95k |
| 31/01/2022 | £92k | £91k |
| 31/01/2021 | £67k | £92k |
Common questions
Is EAST ANGLIA ART FUND financially healthy?
The accounts state that unrestricted reserves amounted to £44,377, which the Trustees consider sufficient to cover ongoing management expenses and charitable expenditure. The charity reported a net expenditure of £2,391 (excluding investment losses) against total income of £100,264, maintaining a positive net asset position of £1,372,215. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| HUO FAMILY FOUNDATION (UK) LIMITED | 1 | £2.3m |
| THE FOYLE FOUNDATION | 1 | £798k |
| NESTA | 1 | £324k |
| THE MASTER CHARITABLE TRUST | 1 | £314k |
| THE STEVENSON FAMILY'S CHARITABLE TRUST | 1 | £25k |
| THE ALBERT DAWSON EDUCATIONAL TRUST | 1 | £23k |
| THE SIR JOHN RITBLAT FAMILY FOUNDATION | 1 | £5k |
| THE MCCORQUODALE CHARITABLE TRUST | 1 | £4k |