COCKPIT ARTS
Cockpit Arts is the only creative incubator for designer-makers in the UK. The organisation supports and promotes designer-makers at all stages of their career development by providing workspace, professional development services and promotion.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £84,809 for the year ended 31 March 2025, resulting in free unrestricted reserves being in deficit by £124,084. This falls significantly below the trustees' stated policy target of holding free reserves equivalent to three months' running costs, which was calculated at £267,072 at year-end. Despite this negative reserve position, the trustees and auditors confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“1 employee earned more than £60,000 and 1 employee earned more than £70,000 (excluding employer pension costs) during the year ended 31 March 2025” — page 41
“1 employee earned more than £60,000 and 1 employee earned more than £70,000 (excluding employer pension costs) during the year ended 31 March 2025” — page 41
“Free reserves at 31 March 2025 are in deficit by £124,084 and three months of unrestricted expenditure at 31 March 2025 is £267,072.” — page 21
“Cockpit Arts has a wholly owned trading subsidiary, Cockpit Arts & Exhibitions Limited, company number 0341833. It has no assets other than its £2 share capital. The company is dormant and has not traded in 2024 or 2023.” — page 46
Year-over-year changes
- Top pay band moved from more than £60,000 (FY2024) to £60,001 - £70,000 (FY2025).
- Employees paid over £60,000: 2 (FY2024) → 1 (FY2025).
Corporate structure
- Registered company of the charity Companies House 02801969
- Trading subsidiary: COCKPIT ARTS & EXHIBITIONS LTD. Companies House 03418311
- Issued share capital consists of 2 Ordinary Shares of £1 each.
Company officers (Companies House)
- PUTZ, Anne Catherine, Dr on trustee list
- GARRIGUES MARTINEZ, Cristina not on trustee list
- FITZGERALD, Preston on trustee list
- GRAND, James Edward Laurence on trustee list
- BHOGAITA, Kawshik on trustee list
- SMART, Ian Victor on trustee list
- MURRAY WATTERS, Gavin Thomas not on trustee list
- GILROY, Darla-Jane on trustee list
- VON MALLINCKRODT, Davina Anne Lore not on trustee list
- NATHWANI, Mehul on trustee list
- DEWAN, Nishita on trustee list
- AMBERG, Bill William Mark on trustee list
- MOORE, David William on trustee list
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Davina Anne Lore VON MALLINCKRODTchair
- Bill Amberg
- Cristina Garrigues Martinez
- Darla-Jane Gilroy
- David Moore
- Dr Anne Catherine Putz
- Gavin Watters
- Ian Smart
- James Edward Laurence Grand
- Kawshik Bhogaita
- Mehul Nathwani
- Nishita Dewan
- Preston Fitzgerald
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.3m | £1.4m |
| 31/03/2024 | £2.3m | £1.3m |
| 31/03/2023 | £2.6m | £1.2m |
| 31/03/2022 | £1.9m | £1.6m |
| 30/09/2020 | £905k | £838k |
Common questions
Is COCKPIT ARTS financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net deficit of £84,809 for the year ended 31 March 2025, resulting in free unrestricted reserves being in deficit by £124,084. This falls significantly below the trustees' stated policy target of holding free reserves equivalent to three months' running costs, which was calculated at £267,072 at year-end. Despite this negative reserve position, the trustees and auditors confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by Price Bailey LLP.
What does the highest-paid employee of COCKPIT ARTS earn?
Per its FY2025 accounts, the highest-paid employee was in the £60,001 - £70,000 band, and 1 employees earned over £60,000.
Who funds COCKPIT ARTS?
Funders whose own accounts filings name COCKPIT ARTS as a grant recipient include THE FOYLE FOUNDATION, THE SCHRODER FOUNDATION, The Leathersellers' Foundation, NEWBY TRUST LIMITED, THE HABERDASHERS' FOUNDATION.
Known funders
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| City Bridge Foundation | 09/12/2022 | £93k | Grant to Cockpit Arts |
| City Bridge Foundation | 16/07/2014 | £2k | Grant to Cockpit Arts |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE YOUTH ENDOWMENT FUND CHARITABLE TRUST | 1 | £543k |
| THE FIDELITY UK FOUNDATION | 1 | £320k |
| IMPETUS - THE PRIVATE EQUITY FOUNDATION | 1 | £111k |
| THE LINBURY TRUST | 1 | £50k |
| JOHN LYON'S CHARITY | 1 | £25k |
| THE YOUNG BARNET FOUNDATION | 1 | £22k |
| THE CHILDHOOD TRUST | 1 | £13k |
| SIR ROBERT GEFFERY'S ALMSHOUSE TRUST | 1 | £5k |
Charities like this
- THE ARTS DEPOT TRUST LIMITED
- ARTSADMIN
- ALL ARTS & MEDIA LTD
- ART SERVICES GRANTS LIMITED
- Making Space For Crafts Ltd
- INSTITUTE OF CONTEMPORARY ARTS LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| COCKPIT ARTS | £1.3m | £60,001 - £70,000 | 1 | below | — | no doubt |
| THE ARTS DEPOT TRUST LIMITED | £2.5m | £60,001 - £70,000 | 1 | unclear | — | no doubt |
| ARTSADMIN | £1.1m | — | — | below | — | no doubt |
| ALL ARTS & MEDIA LTD | £99k | — | 0 | unclear | — | no doubt |
| ART SERVICES GRANTS LIMITED | £5.9m | Over £60,000 | 1 | above | — | no doubt |
| Making Space For Crafts Ltd | £188k | — | 0 | above | — | no doubt |