THE INSPIRE ARTS TRUST
BALPA (Bristol Academy of Live Performing Arts) for ages 2 - 18 year olds in singing, dancing, musical theatre and instruments. We run a bursary scheme for this to ensure it is accessible to all community members within this age range. Community activities such as involvement in the carnival and Christmas lights switch on. We are now running adult classes as well.
Financial health, per its FY2025 accounts
The accounts state that the charity incurred a net expenditure of £3,825 for the year, resulting in a decrease in total funds from £17,429 to £13,604. The Trustees report that free reserves of £5,683 are below the stated policy target of £22,500 to £45,000, though they remain confident in the charity's ability to continue as a going concern.
What the accounts disclose
“At the balance sheet date, the free reserves were £5,683, they have increased since the last year which has been good to see but are not as high as we would ideally like to improve the resilience of the charity.”
“The Trustees are of the opinion that Inspire remains a going concern but are continuing to keep a careful eye on the situation.”
“During the year the company was charged £29,991 (2024: £16,602) by the NGM Trust in respect of rent and administration expenses. The Inspire Arts Trust invoiced NGM Trust £625 (2024: £36) for costs incurred on their behalf. At the balance sheet date the charity owed £283 (2024: £1,639) to NGM Trust, a charity in which Mr R Collier-Keywood, Mr W McGinn, Mr S Cavanagh and Mr P Davies are Trustees. Amounts due to NGM Trust are disclosed as £283 (2024: £1,639) of creditors falling within one year. The Trustees consider themselves to be the key management personnel along with the Chief Executive Officer and General Manager. Total benefits received by key management personnel and related parties during the year were £14,770 (2024: £5,915). There are no other related party transactions other than those already disclosed throughout the financial statements.” — page 20
Trustees
- Peter john Davies
- Richard David COLLIER-KEYWOOD
- Sean Cavanagh
- WILLIAM DOUGLAS BROWNING MCGINN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £126k | £130k |
| 31/08/2024 | £75k | £77k |
| 31/08/2023 | £75k | £65k |
| 31/08/2022 | £38k | £50k |
| 31/08/2021 | £46k | £40k |
Common questions
Is THE INSPIRE ARTS TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity incurred a net expenditure of £3,825 for the year, resulting in a decrease in total funds from £17,429 to £13,604. The Trustees report that free reserves of £5,683 are below the stated policy target of £22,500 to £45,000, though they remain confident in the charity's ability to continue as a going concern. Its FY2025 accounts were independently examined.
Who funds THE INSPIRE ARTS TRUST?
Funders whose own accounts filings name THE INSPIRE ARTS TRUST as a grant recipient include THE MERCHANT VENTURERS CHARITY, COUNTY OF GLOUCESTERSHIRE COMMUNITY FOUNDATION, THE HDH WILLS 1965 CHARITABLE TRUST, THE WOODWARD CHARITABLE TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE MERCHANT VENTURERS CHARITY | FY2024 | £5k | Community and social |
| COUNTY OF GLOUCESTERSHIRE COMMUNITY FOUNDATION | FY2024 | £3k | Children and young people |
| COUNTY OF GLOUCESTERSHIRE COMMUNITY FOUNDATION | FY2023 | £3k | Children and young people |
| THE HDH WILLS 1965 CHARITABLE TRUST | FY2023 | £2k | General Fund |
| THE WOODWARD CHARITABLE TRUST | FY2025 | £1k |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 21/04/2005 | £3k | walk in advice centre for young peopl |