PROJECT SPACE LEEDS
Operation of The Tetley, a centre for contemporary art and learning in a heritage building. Our activities exist to raise the visibility of contemporary art by providing support for emerging regional artists and we seek to increase the understanding of contemporary art by enabling the widest possible audiences to enjoy and engage with art in a friendly environment.
Financial health, per its FY2025 accounts
The accounts state that the charity delivered an operating surplus of £104,351 for the year ended March 2025, resulting in total unrestricted reserves of £377,365. This figure is significantly above the charity's stated policy target of approximately £100,000, which represents six months of overheads. The trustees confirm that future funding is secured up to early 2027 and that cash balances are forecast to remain positive.
What the accounts disclose
“The charity aims to hold unrestricted (free) group reserve levels sufficient to cover the cost of six months of overheads relating to charitable activities; in March 2025 this sum equated to approx. £100,000.” — page 10
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2024)
Trustees
- Dr Fiona Janet Bradley
- Emma Emmal Alrai
- Hannah Elizabeth Webster
- Helen Caroline Brook
- James Nadin
- Kiera Marie Blakey
- Michelle Julia Duxbury
- Rebecca Claire Butler
- Simon Thomas Baker
- TI KHOANH LIYEN NHUYEN
- Taneesha Ahmed
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £458k | £353k |
| 31/03/2024 | £1.3m | £1.2m |
| 31/03/2023 | £1.5m | £1.6m |
| 31/03/2022 | £1.3m | £1.6m |
| 31/03/2021 | £1.6m | £1.1m |
Common questions
Is PROJECT SPACE LEEDS financially healthy?
Per its FY2025 accounts: The accounts state that the charity delivered an operating surplus of £104,351 for the year ended March 2025, resulting in total unrestricted reserves of £377,365. This figure is significantly above the charity's stated policy target of approximately £100,000, which represents six months of overheads. The trustees confirm that future funding is secured up to early 2027 and that cash balances are forecast to remain positive. Its FY2025 accounts were independently examined.
Who funds PROJECT SPACE LEEDS?
Funders whose own accounts filings name PROJECT SPACE LEEDS as a grant recipient include LEEDS CULTURE TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| LEEDS CULTURE TRUST | FY2024 | £21k | Project delivery |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 25/08/2023 | £151k | Inside Out |
| The National Lottery Community Fund | 30/09/2021 | £10k | Tiny Tetley 2.0 |