MAGMA POETRY

Registered charity 1141075 · accounts filings on the Charity Commission register

The publication of poetry and writing about poetry.

Causes: Arts/culture/heritage/science · website · Get email alerts

Latest income
£37k
Latest spending
£38k
Registered
2011
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported an operating deficit of £1,695 for the year ended 31 December 2024, compared to a deficit of £10,651 in the prior year. Free reserves decreased from £6,965 to £5,270, with unrestricted net assets held at £5,270. The filing notes that the company is entitled to exemption from audit under the small companies regime.

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

What the accounts disclose

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

Funders the charity credits

Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).

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

Trustees · trustee networks

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

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£37k£38k
31/12/2023£28k£38k
31/12/2022£31k£34k
31/12/2021£43k£39k
31/12/2020£44k£33k

Common questions

Is MAGMA POETRY financially healthy?

Per its FY2024 accounts: The accounts state that the charity reported an operating deficit of £1,695 for the year ended 31 December 2024, compared to a deficit of £10,651 in the prior year. Free reserves decreased from £6,965 to £5,270, with unrestricted net assets held at £5,270. The filing notes that the company is entitled to exemption from audit under the small companies regime. Its FY2024 accounts were independently examined.

Who funds MAGMA POETRY?

Funders whose own accounts filings name MAGMA POETRY as a grant recipient include THE FENTON ARTS TRUST.

Known funders

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

FunderYearAmountPurpose (as stated by the funder)
THE FENTON ARTS TRUSTFY2024£5k
THE FENTON ARTS TRUSTFY2023£0
THE FENTON ARTS TRUSTFY2022£0