BOW ARTS TRUST
Financial health, per its FY2023 accounts
The accounts state that the charity reported a net movement in funds of £588,074 for the year ended 31 March 2023, resulting in total consolidated funds of £3,259,799. The trustees confirmed that the charity has adequate resources to continue in operations for the foreseeable future, with no material uncertainties identified by the auditors regarding its going concern status.
What the accounts disclose
“Bow Arts Trust's policy, in line with best practice, is to maintain a working reserve of between 2 months and 4 months of gross expenditure as General Funds within Unrestricted Funds” — page 8
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Catherine Phillippa Smithchair
- Benjamin Tucker
- CHRISTOPHER JAMES BUSS
- ELIZABETH ANN MARSHALL
- John Michael Lewis
- MARTYN COLES M.A.
- NICHOLAS WILLIAM SMALES
- STEPHEN PALLISTER
- Sophie Nibbs
- Tamirira Masunda
- Tania Tina Thelma Rhodes-Taylor
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £5.1m | £3.7m |
| 31/03/2024 | £3.6m | £2.9m |
| 31/03/2023 | £3.2m | £2.6m |
| 31/03/2022 | £2.8m | £2.1m |
| 31/03/2021 | £2.1m | £1.7m |
Common questions
Is BOW ARTS TRUST financially healthy?
The accounts state that the charity reported a net movement in funds of £588,074 for the year ended 31 March 2023, resulting in total consolidated funds of £3,259,799. The trustees confirmed that the charity has adequate resources to continue in operations for the foreseeable future, with no material uncertainties identified by the auditors regarding its going concern status. Its FY2023 accounts were audited by RPG Crouch Chapman.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 17/08/2020 | £9k | "COVID19: Bow Arts" |
| The National Lottery Heritage Fund | 01/08/2018 | £48k | "Raw Materials: Plastics; uncovering and exploring the industrial heritage of the River Lea Valley" |
| The National Lottery Heritage Fund | 04/07/2017 | £34k | "Raw Materials: Textiles; exploring the industrial heritage of the River Lea Valley" |
| The National Lottery Heritage Fund | 25/04/2016 | £34k | "Raw Materials: Wood - Exploring the heritage of the River Lea Valley" |
| The National Lottery Heritage Fund | 25/10/2012 | £9k | "Exploring Bow Porcelain" |
| The National Lottery Heritage Fund | 21/01/2008 | £10k | "A Project By This London Charity To Promote Healthy Living For Local School Children And The Community Through Gardening And The Visual Arts" |