CANDID ARTS TRUST

Registered charity 1051672 · accounts filings on the Charity Commission register

Promotion of the arts and arts education.

Causes: Education/training · Arts/culture/heritage/science · Economic/community Development/employment · website · Get email alerts

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net loss of £60,279 for the year ended 31 July 2025, resulting in net liabilities of £196,189. The trustees attribute this financial position to significant disruption and reduced income caused by building works opposite the centre, but note that income is now increasing following the completion of these works in early 2026.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Structured financials (annual return, FY ending 31/07/2023)

Reported reserves equal ~23.0 months of spending — in the top quarter for charities its size (median 7.1 months; benchmarks).

Per its annual return, largest income source: Charitable activities (85% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 8.7% of total income — above the median for charities its size (2.9%) (benchmarks).

Trustees · trustee networks

• ANTHONY FARQUHAR-SMITH
• C B FLETCHER
• Dr ROGER PROCTOR

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

Operates in: Islington

Income and spending

Common questions