BERNIE GRANT CENTRE PARTNERSHIP
Financial health, per its FY2023 accounts
The accounts state that the charity reported a net deficit of £503,986 for the year, driven by the loss of major rental income from the Musical Theatre Academy and increased energy costs. Consequently, unrestricted reserves fell to a negative £100,223, although the trustees remain cautiously optimistic due to the recent award of Arts Council England National Portfolio Organisation status. The trustees confirm that the going concern basis is appropriate, citing sufficient asset backing for potential loan finance if needed.
What the accounts disclose
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Geoffrey Oswald Williamschair
- Bolanle Evelyn Oluwole
- Charis Thomas
- Miranda Agnes Jayne Grell
- Philippine Ai-Linh Marie NGUYEN NGOC
- Robert Andrew Hylton Muncaster
- Sam Mackay
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.1m | £1.4m |
| 31/03/2024 | £1.1m | £1.5m |
| 31/03/2023 | £849k | £1.3m |
| 31/03/2022 | £985k | £1.3m |
| 31/03/2021 | £1.2m | £899k |
Common questions
Is BERNIE GRANT CENTRE PARTNERSHIP financially healthy?
The accounts state that the charity reported a net deficit of £503,986 for the year, driven by the loss of major rental income from the Musical Theatre Academy and increased energy costs. Consequently, unrestricted reserves fell to a negative £100,223, although the trustees remain cautiously optimistic due to the recent award of Arts Council England National Portfolio Organisation status. The trustees confirm that the going concern basis is appropriate, citing sufficient asset backing for potential loan finance if needed. Its FY2023 accounts were audited by Dunkley's Chartered Accountants.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 02/02/2011 | £23k | "The Great Book of Tottenham" |