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ARTISTS STUDIO COMPANY

Registered charity 1045067 · accounts filings on the Charity Commission register · also known as ASC

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Latest income
£3.0m
Latest spending
£2.6m
Registered
1995
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the Charity reported a surplus of £560,660 for the year ended 31 December 2023, with gross income increasing to £2,958,924. Per the trustees' report, net assets improved to £4,563,141, and the trustees confirmed there are no material uncertainties regarding the Charity's ability to continue as a going concern.

What the accounts disclose

Highest-paid employee band: £120,001 - £130,000 — above the 90th percentile for charities its size (median £70k)
“The number of employees whose remuneration fell within the following bands: £120,001 - £130,000 1” — page 17
Per its FY2023 accounts as filed with the Charity Commission.
Employees paid over £60,000: 1
“The number of employees whose remuneration fell within the following bands: £120,001 - £130,000 1” — page 17
Per its FY2023 accounts as filed with the Charity Commission.
Reserves policy: £450,000 (held: £4.6m)
“The trustees have agreed a minimum free reserve totalling £450,000, including £375,021 returnable workspace deposits.” — page 6
Per its FY2023 accounts as filed with the Charity Commission.

Accounts audited by Goldwins Limited. Discloses 6 of 6 completeness components.

Structured financials (annual return, FY ending 31/12/2024)

Total income
£3.0m
Total spending
£2.6m
Reserves (reported)
£5.5m
Employees
14

Reported reserves equal ~25.8 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Throughout England

Income and spending

Financial year endIncomeSpending
31/12/2024£3.0m£2.6m
31/12/2023£3.0m£2.4m
31/12/2022£2.6m£2.1m
31/12/2021£2.7m£2.1m
31/12/2020£2.5m£2.2m

Common questions

Is ARTISTS STUDIO COMPANY financially healthy?

The accounts state that the Charity reported a surplus of £560,660 for the year ended 31 December 2023, with gross income increasing to £2,958,924. Per the trustees' report, net assets improved to £4,563,141, and the trustees confirmed there are no material uncertainties regarding the Charity's ability to continue as a going concern. Its FY2023 accounts were audited by Goldwins Limited.

What does the highest-paid employee of ARTISTS STUDIO COMPANY earn?

Per its FY2023 accounts, the highest-paid employee was in the £120,001 - £130,000 band, and 1 employees earned over £60,000.