NEXUS INSTITUTE OF CREATIVE ARTS

Registered charity 1121751 · accounts filings on the Charity Commission register · also known as NEXUS TRUST

Nexus ICA delivers 3 undergraduate degrees and 1 postgraduate, validated by University of West London. All are delivered in a Christian, faith-based environment and are available regardless of faith. Additional activities include provision of venue facilities and instrument tuition to the local community. Performance bands are trained to work in both a youth context and for public entertainment.

Causes: General Charitable Purposes · Education/training · Religious Activities · Arts/culture/heritage/science · Economic/community Development/employment · website · Get email alerts

Latest income
£298k
Latest spending
£373k
Registered
2007
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity is in the process of closing after the 2025/26 academic year, with financial statements prepared on a basis other than going concern. Per the trustees' report, unrestricted reserves stood at £464,341 against a policy target of three months' operating costs, while the charity reported a net expenditure of £75,378 for the year.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: three months of operating costs (held: £464k)
“In line with Charities Commission guidelines, Nexus ICA keep a minimum of 3 months operating costs in strategic reserve.” — page 7
Per its FY2025 accounts as filed with the Charity Commission.
Going concern: accounts NOT prepared on a going-concern basis (closing, merging or winding up)
“In April 2024 the trustees took the decision to close the charity after the end of the 2025/26 academic year. Closure is planned less than 12 months from the date of the approval of these financial statements, consequently, the financial statements are not prepared on a going concern basis but instead a basis other than the going concern.” — page 18
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by HB&O Ltd. Discloses 5 of 6 completeness components.

Structured financials (annual return, FY ending 31/08/2023)

Total income
£625k
Total spending
£637k
Reserves (reported)
£212k
Employees
25

Reported reserves equal ~4.0 months of spending — below the median for charities its size (median 7.0 months; benchmarks).

Per its annual return, largest income source: Charitable activities (85% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (2.9%) (benchmarks).

Register events

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Coventry City

Income and spending

Financial year endIncomeSpending
31/08/2025£298k£373k
31/08/2024£487k£619k
31/08/2023£625k£637k
31/08/2022£644k£688k
31/08/2021£651k£680k

Common questions

Is NEXUS INSTITUTE OF CREATIVE ARTS financially healthy?

Per its FY2025 accounts: The accounts state that the charity is in the process of closing after the 2025/26 academic year, with financial statements prepared on a basis other than going concern. Per the trustees' report, unrestricted reserves stood at £464,341 against a policy target of three months' operating costs, while the charity reported a net expenditure of £75,378 for the year. Its FY2025 accounts were audited by HB&O Ltd.

Who funds NEXUS INSTITUTE OF CREATIVE ARTS?

Funders whose own accounts filings name NEXUS INSTITUTE OF CREATIVE ARTS as a grant recipient include THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY, COVENTRY, THE PAROCHIAL CHURCH COUNCIL OF THE ECCELSIASTICAL PARISH OF ST JAMES STYVECHALE.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY, COVENTRYFY2021£1kNexus Institute of Creative Arts
THE PAROCHIAL CHURCH COUNCIL OF THE ECCELSIASTICAL PARISH OF ST JAMES STYVECHALEFY2021£500Home Mission

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with INSTITUTE OF CONTEMPORARY ARTS LIMITED.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
NEXUS INSTITUTE OF CREATIVE ARTS£298k—0unclear—not going concern
INSTITUTE OF CONTEMPORARY ARTS LIMITED FY2026£4.1m——unclear—material uncertainty
NORWICH ARTS CENTRE LIMITED FY2025£1.1m—0unclear—no doubt
NORTHERN BAPTIST COLLEGE LIMITED FY2024£380k—0unclear—no doubt
ISLAMIC CULTURAL AND EDUCATIONAL ASSOCIATION FY2025£576k—0above—noted
NETHERHALL EDUCATIONAL ASSOCIATION FY2025£3.5mUnder £60,0000unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.