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

THE ANTEROS ARTS FOUNDATION

Registered charity 1135692 · accounts filings on the Charity Commission register · also known as THE ANTEROS FOUNDATION

Arts workshops and courses, artist studios, art gallery, shop selling work by local artists, venue hire.

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

Latest income
£196k
Latest spending
£216k
Registered
2010
Accounts read
FY2024

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.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy (held: £71)
“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
Per its FY2024 accounts as filed with the Charity Commission.
Going concern: material uncertainty disclosed
“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
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Donation from subsidiary
“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
Per its FY2024 accounts as filed with the Charity Commission.

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

Property (HM Land Registry)

3 registered titles in England and Wales held by the charity’s company or corporate body (0 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

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

Trustees · trustee networks

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

Operates in: Norfolk · Suffolk

Income and spending

Financial year endIncomeSpending
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.