THE NEW ART EXCHANGE LTD

Registered charity 1121755 · accounts filings on the Charity Commission register · also known as TNAE

NEW ART EXCHANGE IS THE FIRST DEDICATED AFRICAN, AFRICAN CARIBBEAN AND SOUTH ASIAN CONTEMPORARY FACILITY FOR THE VISUAL ARTS OUTSIDE OF LONDON AND PLAYS A LEADING ROLE IN SUPPORTING BME COMMUNITIES AND MARGINALISED GROUPS WITH A PORTFOLIO OF COMMMUNITY OUTREACH, LEARNING AND YOUNG PEOPLE'S SERVICES

Objects

TO ADVANCE THE EDUCATION OF THE PUBLIC IN THE APPRECIATION AND PRACTICE OF THE ARTS IN GENERAL AND AFRICAN, AFRICAN-CARIBBEAN AND SOUTH ASIAN ARTS IN PARTICULAR.

Area of benefit: NOT DEFINED. IN PRACTICE, NOTTINGHAM, NORTHAMPTONSHIRE, DERBY, LINCLONSHIRE, LEICESTER, RUTLAND

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Education/training · Arts/culture/heritage/science · Environment/conservation/heritage · website · Get email alerts

Registered contact address: Nottingham, East Midlands, England (from the postcode on the register)

Financial health, per its FY2025 accounts

The accounts state that unrestricted reserves stood at £3,914,436, a slight decrease from the prior year's £3,959,123. The charity reported a net movement in funds of a deficit of £22,689 for the year, driven by total expenditure exceeding total income. The trustees confirmed adequate resources for going concern, citing strong cash reserves and additional funds received.

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

What the accounts disclose

Accounts audited by PKF Smith Cooper Audit Limited. Discloses 4 of 6 completeness components.

In its annual return the charity told the Commission it is also regulated by: Financial Conduct Authority. This is the charity’s own declaration; it is not a rating and has not been verified by the Commission or by this site.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

• Bullying and harassment policy and procedures
• Complaints handling
• Complaints policy and procedures
• Conflicting interests
• Financial reserves policy and procedures
• Internal charity financial controls policy and procedures
• Internal risk management policy and procedures
• Paying staff
• Risk management
• Safeguarding policy and procedures
• Safeguarding vulnerable beneficiaries
• Serious incident reporting policy and procedures
• Social media policy and procedures
• Trustee conflicts of interest policy and procedures
• Trustee expenses policy and procedures
• Volunteer management

From the charity’s annual return (Part A, self-declared)

Answers and figures the charity gave in Part A of its annual return to the Charity Commission. They are self-declared: not verified by the Commission or by this site. Only positive answers and figures are listed; items not listed are simply not shown.

Source: this charity’s annual returns on the Charity Commission register.

Corporate structure

• Registered company of the charity Companies House 04899786
• Trading subsidiary: NAE ENTERPRISES LTD Companies House 09462470 · Financial health read from its filings

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

• POPAT, Nisha — director, appointed 01/12/2023on trustee list
• LAPPIN, Michael — director, appointed 01/12/2023on trustee list
• GAMBRAH, Samori — director, appointed 14/09/2023on trustee list
• CHARLES, Letha Anne-Marie — director, appointed 14/09/2023on trustee list
• DAVE, Meeta — director, appointed 13/06/2019on trustee list
• ANAND, Jiten Jagdish — director, appointed 13/06/2019on trustee list
• PINCHBECK, Rhiannon Ellen — director, appointed 13/06/2019on trustee list
• O BRIEN, Christopher, Professor — director, appointed 08/12/2011not on trustee list

Official officers record.

Structured financials (annual return, FY ending 31/03/2025)

Reported reserves equal ~28.8 months of spending — in the top quarter for charities its size (median 4.7 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (81% 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: 12.5% of total income — above the median for charities its size (5.3%) (benchmarks).

Trustees · trustee networks

• Jiten Anand · trustee of 1 other charity
• Letha Charles
• Meeta Dave
• Michael Lappin
• Nisha Popat
• PROFESSOR CHRISTOPHER O'BRIEN OBE
• Rhiannon Pinchbeck
• Samori Gambrah

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

Operates in: Nottingham City · Nottinghamshire

Income and spending

Common questions

Known funders

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

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

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 NEW CREATIONS.

• NEW CREATIONS income £183k
• NEW CONTEMPORARIES (1988) LIMITED income £875k
• BRIDPORT ARTS CENTRE income £589k
• ESSEX CULTURAL DIVERSITY PROJECT LTD income £349k
• ARTS EDUCATION EXCHANGE income £316k
• WYCOMBE MULTICULTURAL ORGANISATION income £183k

Side by side with its peers

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