THE ART IN PERPETUITY TRUST
APT encourages participation in the visual arts through creative practice, exhibitions and education.
Financial health, per its FY2025 accounts
The accounts state that the charity recorded a modest deficit of £18,428 for the year ended 31 March 2025, primarily due to rising maintenance costs. However, the trustees confirm that reserves remain strong with total funds of £1,115,008, and the securing of 7-year studio leases provides confidence in the organisation's financial stability and ability to fulfil its charitable objectives.
What the accounts disclose
Property (HM Land Registry)
Trustees
- Alessandro Iobbi
- Ann Gilmore
- Gawaine Batchelor
- Jenny Louise White
- Marcus Gayle
- Nicholas Haseltine
- Stephanie Angela Nebbia
- Tejinderjeet Kaur Padam
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £173k | £192k |
| 31/03/2024 | £165k | £191k |
| 31/03/2023 | £170k | £166k |
| 31/03/2022 | £205k | £124k |
| 31/03/2021 | £194k | £158k |
Common questions
Is THE ART IN PERPETUITY TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity recorded a modest deficit of £18,428 for the year ended 31 March 2025, primarily due to rising maintenance costs. However, the trustees confirm that reserves remain strong with total funds of £1,115,008, and the securing of 7-year studio leases provides confidence in the organisation's financial stability and ability to fulfil its charitable objectives. Its FY2025 accounts were audited by UHY Hacker Young (S.E.) Limited.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| City Bridge Foundation | 30/06/2011 | £50k | Grant to Art in Perpetuity Trust |
| The National Lottery Heritage Fund | 16/04/2007 | £5k | "A Project By This Registered Charity In Lewisham To Put On An Exhibition Involving Contemporary Visual Art With Historical Documentation Con" |