WEST ACRE ARTS FOUNDATION LIMITED
Theatre, education and drama activities and creative arts.
Financial health, per its FY2025 accounts
The accounts state that the charity achieved a surplus of £560 for the year ended 5 April 2025, following a deficit in the previous year. Free reserves were reported at £26,368, while the charity maintains a policy to hold minimum cash reserves of £15,000. The trustees confirmed adequate resources for future operations and noted that the charity is likely to continue financing the deficit of its subsidiary, Westacre Theatre Company CIC.
What the accounts disclose
“The Trustees have also reviewed the reserves in line with the Company's commitments in the event of the Company having to cease trading and aim to maintain minimum cash reserves of £15,000.” — page 5
“During the year the charity entered into the following transactions with Westacre Theatre Company CIC: Income - licence fee - £5,750 (2024: £5,750) Expense - grants - £17,424 (2024: £20,500) Expense - admin support - £22,000 (2024: £17,217) Expenses - management fees - £2,400 (2024: £3,600)” — page 22
“The charity holds 50% of the share capital, and 60% of the voting rights in Westacre Theatre Company CIC. The charity engages Westacre Theatre Company CIC to look after the day to day operation of the theatre.” — page 5
Trustees
- ANDREW PETER SMITH
- Alexander Birkbeck
- Allison Arlene Bostedt
- Christina Karen Jane Bates
- Davey James Downs Naylor
- David Connor
- David Lloyd-Peck
- HENRY CHARLES BIRKBECK
- Kate Gordon
- MARTIN HICKEY
- Rachael Cummins
- Rebecca Owen-Fisher
- Tamsin Elizabeth Wheeler
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £86k | £86k |
| 05/04/2024 | £33k | £51k |
| 05/04/2023 | £43k | £73k |
| 05/04/2022 | £41k | £79k |
| 05/04/2021 | £247k | £170k |
Common questions
Is WEST ACRE ARTS FOUNDATION LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity achieved a surplus of £560 for the year ended 5 April 2025, following a deficit in the previous year. Free reserves were reported at £26,368, while the charity maintains a policy to hold minimum cash reserves of £15,000. The trustees confirmed adequate resources for future operations and noted that the charity is likely to continue financing the deficit of its subsidiary, Westacre Theatre Company CIC. Its FY2025 accounts were independently examined.