Charity Accounts Intelreading the accounts so you don’t have to

THE ASSOCIATION FOR CULTURAL ENTERPRISES

Registered charity 1122763 · accounts filings on the Charity Commission register

The charity is run by and for cultural heritage trading professionals. It provides education, information and continuing professional development for all its members and promotes best practice. New members are always warmly welcome.

Causes: Education/training · website · Get email alerts

Latest income
£975k
Latest spending
£949k
Registered
2008
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity returned to a financial surplus of £26,695 for the year ended 31 March 2025, following a deficit in the previous year. Total consolidated income increased to £975,490, driven by growth in membership, educational activities, and trading income. The charity holds unrestricted reserves of £219,130, which the trustees confirm are within their stated policy target of two to three months of operating expenditure.

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

What the accounts disclose

Reserves policy: two to three months of operating expenditure (held: £219k)
“To address this, we have taken two to three months of operating expenditure to create a target range for the level of free reserves. Based on current expenditure levels, this means we need between £158,100 and £237,200 in free reserves.” — page 28
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Cultural Enterprises (Trading) Limited
“Cultural Enterprises (Trading) Limited (CET) is a trading subsidiary company of the Charity established by the Trustees in 2013” — page 31
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Public profiles (found on the charity’s own website): instagram

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

Total income
£975k
Total spending
£949k
Reserves (reported)
£219k
Employees
8

Reported reserves equal ~2.8 months of spending — below the median for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Charitable activities (52% 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 (4.9%) (benchmarks).

Trustees · trustee networks

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

Operates in: Northern Ireland · Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/03/2025£975k£949k
31/03/2024£808k£952k
31/03/2023£671k£769k
31/03/2022£684k£681k
31/03/2021£487k£385k

Common questions

Is THE ASSOCIATION FOR CULTURAL ENTERPRISES financially healthy?

Per its FY2025 accounts: The accounts state that the charity returned to a financial surplus of £26,695 for the year ended 31 March 2025, following a deficit in the previous year. Total consolidated income increased to £975,490, driven by growth in membership, educational activities, and trading income. The charity holds unrestricted reserves of £219,130, which the trustees confirm are within their stated policy target of two to three months of operating expenditure. Its FY2025 accounts were independently examined.

Government & lottery funding

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

FunderDateAmountPurpose
The National Lottery Heritage Fund08/02/2023£10k"Conference bursary support application"