THE ANTEROS ARTS FOUNDATION
Arts workshops and courses, artist studios, art gallery, shop selling work by local artists, venue hire.
Objects
TO ADVANCE EDUCATION IN THE ARTS FOR THE PUBLIC BENEFIT
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net expenditure of £20,034 against income of £196,070, reducing unrestricted reserves to £71. The independent examiner identified a material uncertainty regarding the charity's future income and sustainability, noting reliance on unsecured funding and cost control.
What the accounts disclose
“The Trustees recognise the need to build up and retain reserves to provide for unexpected expenditure, for repairs to the property and to have funds available in case of an unforeseen downturn in income. Following a challenging couple of years they are now working towards achieving this.” — page 8
“However, there is no certainty that the funding required will be received, and without this the charity may not be able to meet its liabilities as they fall due. This represents a material uncertainly that casts significant doubt over the charity's ability to continue as a going concern.” — page 15
“During the year donations were made by Anteros Arts Limited to the charity of £96,298 (2023: £65,809). The charity recharged expenses of £376 (2023: £859) to the subsidiary and £nil (2023: £3,371) was recharged from the subsidiary to the charity. At 31 December 2024 the charity owed £12,592 to Anteros Arts Limited (2023: £1,229 owed by Anteros Arts Limited). Page 25” — page 27
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
- Investment
- 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
Funders the charity credits
- Adept IT Support Norwich
Property (HM Land Registry)
Trustees
- Anita Rickard
- Michael Spender
- Niul Dillon Hatcher
- Stuart Quick
- Sue Bergin
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £196k | £216k |
| 31/12/2023 | £154k | £184k |
| 31/12/2022 | £150k | £143k |
| 31/12/2021 | £134k | £147k |
| 31/12/2020 | £117k | £110k |
Common questions
Is THE ANTEROS ARTS FOUNDATION financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net expenditure of £20,034 against income of £196,070, reducing unrestricted reserves to £71. The independent examiner identified a material uncertainty regarding the charity's future income and sustainability, noting reliance on unsecured funding and cost control. Its FY2024 accounts were independently examined.
Who funds THE ANTEROS ARTS FOUNDATION?
Funders whose own accounts filings name THE ANTEROS ARTS FOUNDATION as a grant recipient include Norwich Freemen's Charity.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| Norwich Freemen's Charity | FY2025 | £5k | Towards costs of repairing a lift to enable access for people with disabilities |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE JONES 1986 CHARITABLE TRUST | 1 | £20k |
| THE THOMAS FARR CHARITY | 1 | £20k |
| JERWOOD FOUNDATION | 1 | £17k |
| THE VAN NESTE FOUNDATION | 1 | £10k |
| THE WORLD REIMAGINED LIMITED | 1 | £5k |
| THE ST MICHAELS AND ALL SAINTS CHARITY | 1 | £3k |
| BNA CHARITABLE INCORPORATED ORGANISATION | 1 | £2k |
| SOMERSET COMMUNITY FOUNDATION | 1 | £2k |
Charities like this
- ALL ARTS & MEDIA LTD
- ART GENE LIMITED
- THE MEETING HOUSE ARTS CENTRE LIMITED
- ART SPACE
- ARNOLFINI GALLERY CIO
- NOTTINGHAM ARTS THEATRE LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE ANTEROS ARTS FOUNDATION | £196k | — | 0 | below | — | material uncertainty |
| ALL ARTS & MEDIA LTD | £99k | — | 0 | unclear | — | no doubt |
| ART GENE LIMITED | £404k | — | 0 | above | — | no doubt |
| THE MEETING HOUSE ARTS CENTRE LIMITED | £121k | — | 0 | unclear | — | no doubt |
| ART SPACE | £497k | — | 0 | unclear | — | no doubt |
| ARNOLFINI GALLERY CIO | £1.6m | — | — | unclear | — | no doubt |