BLUETACK COLLECTIVE
Providing art studio space, Exhibitions and workshops.
Financial health, per its FY2025 accounts
The accounts state that the charity ended the year with a surplus of £5,293 and unrestricted funds of £18,161. The trustees consider the centre to be on a reasonably sound financial footing, noting that unrestricted funds are maintained above the policy target of three to six months' expenditure. The going concern basis is supported by the expectation that art spaces will continue to be occupied to meet running costs.
What the accounts disclose
“Total Income from artists was £50,618 (2024 - £45,782) during the year. Rent was also received from Print Club London in respect of a commercial sub-let of part of the premises totalling £37,130 (2024 - £25,792).”
“It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six months expenditure.” — page 5
“As set out in Note 8 the charity rents its premises at 10-28 Millers Avenue. Fred Higginson is a partner in Miller Property Partnership LLP along with his wife. Each of them owns a 37.5% share of the equity. Additionally, Mr R Barnes – through Avingmen Limited - a company wholly controlled by him – is interested in the remaining 25% of Miller Property Partnership LLP. The rent charged is at a fair market rent.” — page 11
Trustees
- ELIZABETH HANNAH PORTER
- FREDERICK TIMOTHY HIGGINSON
- JAMES WILLIAM HURST
- MARTIN FIELD
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £88k | £82k |
| 31/03/2024 | £72k | £75k |
| 31/03/2023 | £62k | £61k |
| 31/03/2022 | £58k | £57k |
| 31/03/2021 | £56k | £55k |
Common questions
Is BLUETACK COLLECTIVE financially healthy?
Per its FY2025 accounts: The accounts state that the charity ended the year with a surplus of £5,293 and unrestricted funds of £18,161. The trustees consider the centre to be on a reasonably sound financial footing, noting that unrestricted funds are maintained above the policy target of three to six months' expenditure. The going concern basis is supported by the expectation that art spaces will continue to be occupied to meet running costs. Its FY2025 accounts were independently examined.