ARENA ART AND DESIGN ASSOCIATION
To provide affordable studio spaces and an artists network and support for artists with particular reference to the areas of Fine Art, Craft and Design. To advance public education through the promotion of an appreciation for excellence in the arts.
Financial health, per its FY2025 accounts
The accounts state that the charity ended the year with a net incoming resource of £16, resulting in unrestricted free reserves of £33,659. The trustees note that they are working to develop activities to generate sufficient free reserves to cover 3 to 6 months' costs, indicating a current policy target that has not yet been explicitly met. The charity reports stable membership and adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“The trustees are working to develop activities to generate sufficient free reserves to cover 3 to 6 months' costs.”
“The trustees of the charity were also licensees in the premises and they pay a licence fee at arm's length in accordance with similar terms offered to all licensees.” — page 14
Trustees
- Christine Bithell
- Gerard McGregor
- Patricia Montague
- Stephanie Trujillo
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £53k | £53k |
| 31/08/2024 | £53k | £49k |
| 31/08/2023 | £50k | £50k |
| 31/08/2022 | £32k | £36k |
| 31/08/2021 | £35k | £29k |
Common questions
Is ARENA ART AND DESIGN ASSOCIATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity ended the year with a net incoming resource of £16, resulting in unrestricted free reserves of £33,659. The trustees note that they are working to develop activities to generate sufficient free reserves to cover 3 to 6 months' costs, indicating a current policy target that has not yet been explicitly met. The charity reports stable membership and adequate resources to continue in operational existence for the foreseeable future. Its FY2025 accounts were independently examined.