FLUXUS ART PROJECTS
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £77,695, which the trustees consider sufficient to meet ongoing commitments. The charity reported a net income surplus of £35,085 for the year, having spent £223,222 on charitable activities and governance costs against £258,307 in incoming resources. There are no disclosed material uncertainties or risks to the charity's ability to continue its operations.
What the accounts disclose
“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 month’s expenditure.” — page 3
Trustees
- Helene Nguyen Banchair
- Anne Arianne Pierre D'ALBIS GANEM
- Coline Milliard
- Elisabeth Ruth Carey-Thomas
- Eva Langret
- James Lingwood
- Laurent Louis Volker Issaurat
- Maria Sukkar
- Veronique Marie Francoise Paule Nic Parke
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/10/2024 | £258k | £223k |
| 31/10/2023 | £114k | £191k |
| 31/10/2022 | £146k | £125k |
| 31/10/2021 | £101k | £95k |
| 31/10/2020 | £147k | £109k |
Common questions
Is FLUXUS ART PROJECTS financially healthy?
The accounts state that unrestricted reserves stood at £77,695, which the trustees consider sufficient to meet ongoing commitments. The charity reported a net income surplus of £35,085 for the year, having spent £223,222 on charitable activities and governance costs against £258,307 in incoming resources. There are no disclosed material uncertainties or risks to the charity's ability to continue its operations. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE FOYLE FOUNDATION | 1 | £798k |
| NESTA | 1 | £324k |
| THE MASTER CHARITABLE TRUST | 1 | £314k |
| MANCHESTER CITY GALLERIES TRUST | 1 | £36k |
| THE SIR JOHN RITBLAT FAMILY FOUNDATION | 1 | £5k |
| THE MCCORQUODALE CHARITABLE TRUST | 1 | £4k |
| THE ARDEOLA CHARITABLE TRUST | 1 | £2k |