CREATIVE FOLKESTONE
Financial health, per its FY2023 accounts
The accounts state that the charity achieved a surplus of £85,973 for the year ended 31 March 2023, following a surplus of £1,018,685 in the previous year. The trustees report that the charity has adequate resources to continue as a going concern, with a strong cash position, no debt, and secured Arts Council funding for the next three years.
What the accounts disclose
“The Chief Executive Officer, Mr A Upton, was also a member of the Board of Trustees during the year and received remuneration and benefits for his services in that office, through an employment contract with the Charity, of £90,699” — page 35
“A risk-based assessment of need has set a target range of between £250,000 and £400,000 for its free reserves.”
“The Roger De Haan Charitable Trust (RDHCT), a charity of which Sir Roger De Haan is a Trustee, donated leasehold properties valued at £Nil (2022: £1,647,500), made a payment of £101,439 (2022: £98,797) to the Folkestone Artworks and a grant of £Nil (2022: £311,000) for the Folkestone Triennial.” — page 41
“At the year end, the Charity owed £647 (2022: £647) to its subsidiary, The Creative Foundation (Trading) Limited.” — page 41
“The Roger De Haan Charitable Trust (RDHCT), a charity of which Sir Roger De Haan is a Trustee, donated leasehold properties valued at £Nil (2022: £1,647,500), made a payment of £101,439 (2022: £98,797) to the Folkestone Artworks and a grant of £Nil (2022: £311,000) for the Folkestone Triennial.” — page 41
“At the year end, the Charity owed £647 (2022: £647) to its subsidiary, The Creative Foundation (Trading) Limited.” — page 41
“The Charity’s investment at the balance sheet date was held in the following company: The Creative Foundation (Trading) Limited” — page 37
Corporate structure
- Trading subsidiary: THE CREATIVE FOUNDATION (TRADING) LIMITED Companies House 04564573
- Registered company of the charity Companies House 04566484
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Sir Roger De Haanchair
- ALASTAIR UPTON
- ANDREW IRONSIDE
- DAVID SHRIVER
- Judith Nesbitt
- LADY ALISON DE HAAN
- PAUL HUDSON
- Sir Stephen Deuchar CBE
- Vanessa Ann Stone
- WILLIAM RADNOR
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £3.0m | £3.3m |
| 31/03/2024 | £3.1m | £2.7m |
| 31/03/2023 | £2.8m | £2.7m |
| 31/03/2022 | £4.9m | £3.9m |
| 31/03/2021 | £3.7m | £2.3m |
Common questions
Is CREATIVE FOLKESTONE financially healthy?
The accounts state that the charity achieved a surplus of £85,973 for the year ended 31 March 2023, following a surplus of £1,018,685 in the previous year. The trustees report that the charity has adequate resources to continue as a going concern, with a strong cash position, no debt, and secured Arts Council funding for the next three years. Its FY2023 accounts were audited by RSM UK Audit LLP.
What does the highest-paid employee of CREATIVE FOLKESTONE earn?
Per its FY2023 accounts, the highest-paid employee was in the £90,001 - £100,000 band.
Who funds CREATIVE FOLKESTONE?
Funders whose own accounts filings name CREATIVE FOLKESTONE as a grant recipient include THE ROGER DE HAAN CHARITABLE TRUST, THE FIDELITY UK FOUNDATION.
Shared trustees with funders
- LADY DE HAAN — trustee here and at THE ROGER DE HAAN CHARITABLE TRUST
- Sir Roger De Haan — trustee here and at THE ROGER DE HAAN CHARITABLE TRUST
Known funders
| Funder | Year | Amount |
|---|---|---|
| THE ROGER DE HAAN CHARITABLE TRUST | FY2025 | £50k |
| THE FIDELITY UK FOUNDATION | FY2024 | £20k |
| THE ROGER DE HAAN CHARITABLE TRUST | FY2024 | £16k |
| THE ROGER DE HAAN CHARITABLE TRUST | FY2023 | £4k |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 08/03/2017 | £745k | "GREAT PLACE SCHEME Pioneering Places: East Kent" |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE CHRISTOPHER AND HENRY OLDFIELD TRUST | 1 | £10k |
| THE SCOPS ARTS TRUST | 1 | £4k |