MINERVA (NORTHUMBERLAND) LIMITED
?Our Mission is to help those with different learning abilities to realise their full potential as individuals by providing craft, design, & general art training.We aspire to develop individual strengths and build on self-esteem and self confidence through the courses and practical work experience we offer.?
Objects
TO ADVANCE THE EDUCATION, TRAINING AND SKILLS OF PEOPLE WHO HAVE A DISABILITY,BY THE PROVISION OF TRAINING, COUNSELLING AND OTHER RELEVANT SUPPORT SERVICES.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a surplus of £12,113 for the year, with total income increasing by 57% to £57,771, largely driven by grants and donations. Unrestricted reserves increased significantly to £14,765, exceeding the trustees' policy target of two months' running costs, although the charity noted that shop sales had fallen due to partial closure of its premises. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“We aim to build and retain unrestricted reserves equivalent to two months running costs in order to be able to cover unplanned emergency repairs and other expenditures.” — page 5
Policies the charity declares
- 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
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Trustees
- Agnieszka Rudnik
- FRANK CELINO
- JAMES MAUGHAN-MILLIGAN
- Martin Stuart Brunskill
- Stine Jaer Steward
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/11/2025 | £58k | £46k |
| 30/11/2024 | £37k | £47k |
| 30/11/2023 | £58k | £59k |
| 30/11/2022 | £41k | £44k |
| 30/11/2021 | £38k | £36k |
Common questions
Is MINERVA (NORTHUMBERLAND) LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a surplus of £12,113 for the year, with total income increasing by 57% to £57,771, largely driven by grants and donations. Unrestricted reserves increased significantly to £14,765, exceeding the trustees' policy target of two months' running costs, although the charity noted that shop sales had fallen due to partial closure of its premises. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were independently examined.
Who funds MINERVA (NORTHUMBERLAND) LIMITED?
Funders whose own accounts filings name MINERVA (NORTHUMBERLAND) LIMITED as a grant recipient include THE CATHERINE COOKSON CHARITABLE TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE CATHERINE COOKSON CHARITABLE TRUST | FY2022 | £500 | Disability |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 21/09/2022 | £104k | Minerva Shop Enterprise |
| Community Foundation North East | 28/10/2021 | £7k | A grant to Minerva (Northumberland) Ltd |
| The National Lottery Community Fund | 09/08/2018 | £10k | Minerva Screen Print |
| The National Lottery Community Fund | 13/07/2016 | £8k | The Minerva Accredited Centre for Art and Craft Courses and Training |
| The National Lottery Community Fund | 25/06/2014 | £6k | Minerva Northumberland |
| Northern Rock Foundation | 08/05/2012 | £3k | Grant awarded to Minerva (Northumberland) Limited (Northumberland) |