THE ST JAMES THE LESS PRESERVATION TRUST
The charity has repaired and restored the little church of St James the Less, Spring Bank, New Mills, High Peak SK22 4BB, and has converted it into a community arts centre. We have received a grant from the Heritage Lottery Fund and completed our match funding. Spring Bank Arts opened for business in May 2012. There are continuing regular arts events as well as rooms for hire.
Financial health, per its FY2024 accounts
The charity reported a negligible net expenditure of £22 for the year, resulting in total unrestricted funds of £1,041,231. The organization holds significant fixed assets valued at £1,020,000 and maintains current assets of £21,922 against minimal current liabilities of £691, indicating strong liquidity and asset backing.
What the accounts disclose
Property (HM Land Registry)
Trustees
- margaret le messurier-ritchiechair
- Alexander John Bond
- Dale Patricia Culliford
- Elizabeth Johanna Treacy
- Gillian Mary Tomlinson
- Jane Mary Cocking
- Paul Christopher Joseph Sharp
- Peter Gardner
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £57k | £58k |
| 31/12/2023 | £55k | £54k |
| 31/12/2022 | £44k | £46k |
| 31/12/2021 | £54k | £43k |
| 31/12/2020 | £27k | £30k |
Common questions
Is THE ST JAMES THE LESS PRESERVATION TRUST financially healthy?
Per its FY2024 accounts: The charity reported a negligible net expenditure of £22 for the year, resulting in total unrestricted funds of £1,041,231. The organization holds significant fixed assets valued at £1,020,000 and maintains current assets of £21,922 against minimal current liabilities of £691, indicating strong liquidity and asset backing. Its FY2024 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 05/03/2009 | £730k | "St James The Less Heritage Regeneration Project" |
| The National Lottery Heritage Fund | 08/05/2008 | £24k | "St James Arts Centre Project" |