THE DAVID ROBERTS ART FOUNDATION LIMITED
The Charity exists to advance the education of the general public in works of art through the promotion of the arts and is dedicated to supporting contemporary art and artists through a programme of exhibitions, commissions, artwork acquisitions and collaborations with national art institutions.
Financial health, per its FY2025 accounts
The accounts state that free reserves decreased significantly from £1,666,533 to £452,677 due to a net movement in funds of £(1,054,984). The Trustees maintain a reserves policy to keep a balance in excess of £10,000 in bank accounts, a threshold which remains comfortably exceeded. The auditors confirmed that the use of the going concern basis is appropriate with no material uncertainties identified.
What the accounts disclose
“The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was: 2025 No. In the band £60,001 - £70,000 1” — page 37
“The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was: 2025 No. In the band £60,001 - £70,000 1” — page 37
“The Foundation received £59,461 (2024: £113,762) in relation to art insurance recharges as well as £3,271 (2024: £23,000) of other income.” — page 17
“The general policy in relation to the maintenance of reserves is to keep a balance in excess of £10,000 in the bank accounts at all times.” — page 17
“During the year the Foundation charged £1,030 (2024: £NIL) in respect of services rendered by the Foundation on behalf of Edinburgh House Estates Art Partnership, at the balance sheet date the Foundation was owed £63,765 (2024: £64,795) by Edinburgh House Estates Art Partnership, an entity under common control.” — page 44
“During the year the Foundation charged £NIL (2024: £1,060) in respect of services rendered by the Foundation on behalf of Edinburgh House Estates (Holdings) Ltd, at the balance sheet date the Foundation was owed £15,403 (2024: £15,403) by Edinburgh House Estates (Holdings) Ltd, a company under common control.” — page 44
“During the year the Foundation charged £1,030 (2024: £NIL) in respect of services rendered by the Foundation on behalf of Edinburgh House Estates Art Partnership, at the balance sheet date the Foundation was owed £63,765 (2024: £64,795) by Edinburgh House Estates Art Partnership, an entity under common control.” — page 44
“During the year the Foundation charged £NIL (2024: £1,060) in respect of services rendered by the Foundation on behalf of Edinburgh House Estates (Holdings) Ltd, at the balance sheet date the Foundation was owed £15,403 (2024: £15,403) by Edinburgh House Estates (Holdings) Ltd, a company under common control.” — page 44
“During the year the Foundation charged £1,030 (2024: £NIL) in respect of services rendered by the Foundation on behalf of Edinburgh House Estates Art Partnership, at the balance sheet date the Foundation was owed £63,765 (2024: £64,795) by Edinburgh House Estates Art Partnership, an entity under common control.” — page 44
“During the year the Foundation charged £NIL (2024: £1,060) in respect of services rendered by the Foundation on behalf of Edinburgh House Estates (Holdings) Ltd, at the balance sheet date the Foundation was owed £15,403 (2024: £15,403) by Edinburgh House Estates (Holdings) Ltd, a company under common control.” — page 44
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2021)
Trustees
- Andrew James Hamilton
- Eoin Conway
- INDRE SERPYTYTE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £63k | £1.1m |
| 31/03/2024 | £137k | £977k |
| 31/03/2023 | £156k | £989k |
| 31/03/2022 | £41k | £984k |
| 31/03/2021 | £1.9m | £688k |
Common questions
Is THE DAVID ROBERTS ART FOUNDATION LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that free reserves decreased significantly from £1,666,533 to £452,677 due to a net movement in funds of £(1,054,984). The Trustees maintain a reserves policy to keep a balance in excess of £10,000 in bank accounts, a threshold which remains comfortably exceeded. The auditors confirmed that the use of the going concern basis is appropriate with no material uncertainties identified. Its FY2025 accounts were audited by MA Partners Audit LLP.
What does the highest-paid employee of THE DAVID ROBERTS ART FOUNDATION LIMITED earn?
Per its FY2025 accounts, the highest-paid employee was in the £60,001 - £70,000 band, and 1 employees earned over £60,000.