MINERVA ARTS
Minerva Arts is an arts education organisation working in the Chester and Cheshire area. The core of our work is a Youth Theatre that offers opportunities for young people between 11 and 18 to participate in drama and arts activities. This year we have also been responsible for two funded projects.
Financial health, per its FY2025 accounts
The accounts state that the charity is undergoing a gradual wind-down of core activities, with net assets reported as negative (£-3,120.26) due to liabilities exceeding assets. The trustees acknowledge that this will be the last year income sits at the current level as operations are released to freelancers. Despite a net surplus for the year, the organization holds no separate restricted funds balance and has closed previously held restricted funds to core.
What the accounts disclose
“Income: Main sources: grant income (CWAC, Great Places, Marjorie Boddy, CWAC EDI Fund), youth theatre fees, ticket sales, and donations.” — page 8
“Net Assets (Equity): £-3,120.26” — page 8
“In April 2024 it was decided that Minerva Arts would begin a gradual wind-down of core activities to a point at which at the turn of the new financial year in 2025, the company would operate with a small pot of core funds to support future projects but release all activity to the freelancers who are running it.” — page 5
Trustees
- GLEN MESKELL
- Mike Brocken
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 01/04/2025 | £34k | £26k |
| 01/04/2024 | £17k | £29k |
| 01/04/2023 | £35k | £48k |
| 01/04/2022 | £61k | £51k |
| 01/04/2021 | £27k | £26k |
Common questions
Is MINERVA ARTS financially healthy?
Per its FY2025 accounts: The accounts state that the charity is undergoing a gradual wind-down of core activities, with net assets reported as negative (£-3,120.26) due to liabilities exceeding assets. The trustees acknowledge that this will be the last year income sits at the current level as operations are released to freelancers. Despite a net surplus for the year, the organization holds no separate restricted funds balance and has closed previously held restricted funds to core. Its FY2025 accounts were independently examined.
Who funds MINERVA ARTS?
Funders whose own accounts filings name MINERVA ARTS as a grant recipient include THE BERNICIA FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE BERNICIA FOUNDATION | FY2024 | £10k |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 29/11/2019 | £10k | Sandbach Transport Festival Engagement |
| The National Lottery Heritage Fund | 30/11/2016 | £10k | "Cheshire Souling" |