THE COURTYARD ARTS AND COMMUNITY CENTRE
The principal activity of the charitable company as stated in the Memorandum and Articles of Association is the provision, in the interests of social welfare, of the facilities for the study and appreciation of the arts for the inhabitants of Hertford and the surrounding area.
Financial health, per its FY2025 accounts
The accounts state that the charity recorded a net deficit of £2,003 for the year ended 31 March 2025, following an increase in expenditure to £151,013 against total income of £149,010. Per the trustees' report, unrestricted funds are held at £54,418, which exceeds the stated policy target of £10,000 required to meet management and administration costs. The independent examiner confirmed that no material matters came to attention during the examination of the financial statements.
What the accounts disclose
“Studio Income 123,767” — page 11
“The Trustees have assessed the level of net current assets required in the form of unrestricted funds to be £10,000.”
Trustees
- Anna Fuller
- Barbara Jane Hopkin
- Denise Mary Carolan
- Michael Alan Robinson
- Paul Morris
- Sarah Jane Pickup
- Teresa Morton
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £149k | £151k |
| 31/03/2024 | £151k | £155k |
| 31/03/2023 | £131k | £126k |
| 31/03/2022 | £159k | £120k |
| 31/03/2021 | £103k | £106k |
Common questions
Is THE COURTYARD ARTS AND COMMUNITY CENTRE financially healthy?
Per its FY2025 accounts: The accounts state that the charity recorded a net deficit of £2,003 for the year ended 31 March 2025, following an increase in expenditure to £151,013 against total income of £149,010. Per the trustees' report, unrestricted funds are held at £54,418, which exceeds the stated policy target of £10,000 required to meet management and administration costs. The independent examiner confirmed that no material matters came to attention during the examination of the financial statements. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 14/12/2005 | £5k | Community cafe |