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SOMERSET PARTNERSHIP ARTS EDUCATION AGENCY

Registered charity 1083241 · accounts filings on the Charity Commission register · also known as SPAEDA

Somerset Partnership Arts Education Agency (SPAEDA) is an arts education charity based at Hestercombe, in Somerset. We develop creative educational models, training and resources, in and through the arts, to inspire confidence, build self-esteem and develop resilience in children and young people. www.spaeda.org.uk

Causes: Education/training · Arts/culture/heritage/science · Amateur Sport · Environment/conservation/heritage · Economic/community Development/employment · Get email alerts

Latest income
£52k
Latest spending
£85k
Registered
2000
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity ceased activities on 31 October 2025 and prepared its financial statements on a non-going concern basis. Per the trustees' report, the charity ended the year with unrestricted reserves of £4,651, which is below its stated policy target of three months of unrestricted expenditure. The charity reported a net deficit of £33,438 for the year due to reduced income and increased unrestricted expenditure.

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

What the accounts disclose

Reserves position: below the charity's own stated reserves policy (held: £5k; policy: three months of unrestricted expenditure)
“The Charity’s reserves policy is to maintain free reserves to the level of 3 months of unrestricted expenditure, which has not been met at the year end.” — page 6
Per its FY2025 accounts as filed with the Charity Commission.
Going concern: accounts NOT prepared on a going-concern basis (closing, merging or winding up)
“The charity ceased it's activities on 31 October 2025. Therefore, these financial statements have been prepared on a basis other than that of a going concern” — page 7
Per its FY2025 accounts as filed with the Charity Commission.

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

Public fundraising profile: JustGiving — Somerset Partnership Arts Education Agency (matched by registered charity number).

Trustees · trustee networks

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

Operates in: Somerset

Income and spending

Financial year endIncomeSpending
31/03/2025£52k£85k
31/03/2024£95k£95k
31/03/2023£92k£115k
31/03/2022£119k£88k
31/03/2021£80k£77k

Common questions

Is SOMERSET PARTNERSHIP ARTS EDUCATION AGENCY financially healthy?

Per its FY2025 accounts: The accounts state that the charity ceased activities on 31 October 2025 and prepared its financial statements on a non-going concern basis. Per the trustees' report, the charity ended the year with unrestricted reserves of £4,651, which is below its stated policy target of three months of unrestricted expenditure. The charity reported a net deficit of £33,438 for the year due to reduced income and increased unrestricted expenditure. Its FY2025 accounts were independently examined.