SECOND WAVE - CENTRE FOR YOUTH ARTS
To foster interest and participation in and study of the arts in local communities making the arts more accessible and relevant to local communities with a view to improving the quality of life and advance the education of the public and young people in the practice and appreciation of the arts.
Financial health, per its FY2025 accounts
The accounts state that the charity is entirely dependent on continuing grant aid for its going concern status. Per the trustees' report, the charity faces challenges due to financial austerity but has consolidated existing partnerships to sustain its programme. The unrestricted reserves are held in a designated contingency fund broadly equivalent to three months of turnover, in line with the stated reserves policy.
What the accounts disclose
“Second Wave Trustees are committed to maintaining reserves equivalent to 3 months of the charity’s annual turnover.”
“The charity is entirely dependent on continuing grant aid and as a consequence the going concern basis is also dependent on continuing grant aid.”
Property (HM Land Registry)
Trustees
- MS C BROWNchair
- DANA PINTO
- MARY-ANNE RACHEL DARKWAA BAMFO
- MS D VADHER BA HONS
- MS N MATTHEWS
- NICKESHA GRANT
- Naomi Nicole McConnachie Gregory
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £166k | £161k |
| 31/03/2024 | £160k | £156k |
| 31/03/2023 | £178k | £177k |
| 31/03/2022 | £175k | £165k |
| 31/03/2021 | £142k | £138k |
Common questions
Is SECOND WAVE - CENTRE FOR YOUTH ARTS financially healthy?
Per its FY2025 accounts: The accounts state that the charity is entirely dependent on continuing grant aid for its going concern status. Per the trustees' report, the charity faces challenges due to financial austerity but has consolidated existing partnerships to sustain its programme. The unrestricted reserves are held in a designated contingency fund broadly equivalent to three months of turnover, in line with the stated reserves policy. Its FY2025 accounts were independently examined.
Who funds SECOND WAVE - CENTRE FOR YOUTH ARTS?
Funders whose own accounts filings name SECOND WAVE - CENTRE FOR YOUTH ARTS as a grant recipient include DEPTFORD CHALLENGE TRUST LIMITED.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| DEPTFORD CHALLENGE TRUST LIMITED | FY2025 | £15k |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 08/01/2026 | £20k | No More Hate: empowering young leaders to challenge misogyny |
| The National Lottery Community Fund | 04/04/2024 | £20k | No More Hate: empowering young leaders to challenge misogyny |
| The National Lottery Heritage Fund | 09/02/2022 | £99k | "A Youth Arts Legacy - Young Artists, Social Change and Community Activism: 1982 - 2022." |
| The National Lottery Heritage Fund | 05/03/2014 | £9k | "Policed by Consent? Memories and experiences of policing in a culturally-diverse urban community (1960-2014)" |
| The National Lottery Community Fund | 21/10/2004 | £5k | Active Community Engagement |