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BLAST THEORY

Registered charity 1053343 · accounts filings on the Charity Commission register

Blast Theory are known internationally as one of the most adventurous artists' groups using interactive media, creating groundbreaking new forms of performance and interactive art that mixes audiences across the internet, live performance and digital broadcasting. The groupÔÇÖs work explores interactivity and the social and political aspects of technology.

Causes: Education/training · Arts/culture/heritage/science · website · Get email alerts

Latest income
£367k
Latest spending
£367k
Registered
1996
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity achieved a surplus on unrestricted activities of £18,253, bringing total unrestricted reserves to £155,064. Total income increased by 14% to £367,430, while resources expended decreased to £366,533. The trustees confirm there are no material uncertainties affecting the current year's accounts.

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

What the accounts disclose

Reserves policy: six months' operating costs (held: £155k)
“The Company currently has a designated reserve of £75,000 to cover six months' operating costs. In addition, an unrestricted reserve is maintained to support artistic ambition and to manage risk.” — page 9
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: The charity has entered into an agreement with one of its artists (and employees) Matt Adams under which they receive rents of £23,500 (2024: £22,625) per year plus service charges of £3,600 (2024: £3,600). The agreement relating to this was made on an arms-length basis using documentation drawn up by a Solicitor. This lease commenced on 20 February 2007.
“The charity has entered into an agreement with one of its artists (and employees) Matt Adams under which they receive rents of £23,500 (2024: £22,625) per year plus service charges of £3,600 (2024: £3,600). The agreement relating to this was made on an arms-length basis using documentation drawn up by a Solicitor. This lease commenced on 20 February 2007.” — page 24
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Property (HM Land Registry)

1 registered title in England and Wales held by the charity’s company or corporate body (0 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Public profiles (found on the charity’s own website): facebook · instagram

Trustees · trustee networks

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

Operates in: Australia · Austria · Brazil · Canada · Czech Republic · Denmark · Finland · Germany · Greece · Hungary · Ireland · Italy

Income and spending

Financial year endIncomeSpending
31/03/2025£367k£367k
31/03/2024£321k£370k
31/03/2023£421k£478k
31/03/2022£351k£436k
31/03/2021£355k£417k

Common questions

Is BLAST THEORY financially healthy?

Per its FY2025 accounts: The accounts state that the charity achieved a surplus on unrestricted activities of £18,253, bringing total unrestricted reserves to £155,064. Total income increased by 14% to £367,430, while resources expended decreased to £366,533. The trustees confirm there are no material uncertainties affecting the current year's accounts. Its FY2025 accounts were independently examined.