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

MAGDALEN ROAD STUDIOS

Registered charity 1142112 · accounts filings on the Charity Commission register · also known as MRS

To promote to visual arts to the general public through direct engagement with artists in a studio setting. The charity provides and manages affordable studios and exhibition space and creates opportunities for the public to participate in the visual arts.

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

Latest income
£84k
Latest spending
£86k
Registered
2011
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the company reported an operating loss of £1,241 for the year ended 31 August 2025, a significant decline from the £14,862 profit in the prior year. Net assets decreased from £5,523 to £4,282, and the company had no employees during the period. The filing notes that the company was entitled to and did not require a statutory audit.

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

What the accounts disclose

Largest income source: Artist's Rent (89% of income)
“Artist's Rent 75,257”
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): facebook · instagram

Trustees · trustee networks

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

Operates in: Oxfordshire

Income and spending

Financial year endIncomeSpending
31/08/2025£84k£86k
31/08/2024£91k£77k
31/08/2023£90k£85k
31/08/2022£122k£191k
31/08/2021£216k£130k

Common questions

Is MAGDALEN ROAD STUDIOS financially healthy?

Per its FY2025 accounts: The accounts state that the company reported an operating loss of £1,241 for the year ended 31 August 2025, a significant decline from the £14,862 profit in the prior year. Net assets decreased from £5,523 to £4,282, and the company had no employees during the period. The filing notes that the company was entitled to and did not require a statutory audit. Its FY2025 accounts were independently examined.