CULTURE COVENTRY

Registered charity 1152899 · accounts filings on the Charity Commission register

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Latest income
£3.7m
Latest spending
£4.7m
Registered
2013
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that unrestricted reserves were £1,210,000, which is significantly below the Trustees' stated policy target of growing free reserves to £1,500,000. The charity reported a net deficit of £1,437,000 for the year, primarily driven by a large actuarial gain on its defined benefit pension scheme, while total funds stood at £4,752,000. The Trustees consider the charity has sufficient funds to meet its objectives, supported by confirmed funding commitments from Coventry City Council and Arts Council England.

What the accounts disclose

Trading subsidiary: Culture Coventry Ventures Limited
The Charity holds 100% of the ordinary equity share capital of Culture Coventry Ventures Limited — page 24
Per its FY2023 accounts as filed with the Charity Commission.

Accounts audited by Daffems LLP. Discloses 4 of 6 completeness components.

Structured financials (annual return, FY ending 31/03/2025)

Total income
£3.7m
Total spending
£4.7m
Cost of raising funds
£350k
Reserves (reported)
£1.2m
Employees
84

Reported reserves equal ~3.1 months of spending — below the median for charities its size (median 4.8 months; benchmarks).

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Trustees

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

Operates in: Coventry City · Warwickshire

Income and spending

Financial year endIncomeSpending
31/03/2025£3.7m£4.7m
31/03/2024£4.1m£5.5m
31/03/2023£3.7m£5.2m
31/03/2022£7.3m£5.5m
31/03/2021£4.8m£4.2m

Common questions

Is CULTURE COVENTRY financially healthy?

The accounts state that unrestricted reserves were £1,210,000, which is significantly below the Trustees' stated policy target of growing free reserves to £1,500,000. The charity reported a net deficit of £1,437,000 for the year, primarily driven by a large actuarial gain on its defined benefit pension scheme, while total funds stood at £4,752,000. The Trustees consider the charity has sufficient funds to meet its objectives, supported by confirmed funding commitments from Coventry City Council and Arts Council England. Its FY2023 accounts were audited by Daffems LLP.

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
The National Lottery Heritage Fund05/12/2024£131k"Stories That Made Us: Roots, Resilience, Representation"
The National Lottery Heritage Fund14/05/2018£47k"Play!"
The National Lottery Heritage Fund18/09/2017£24k"Crafts from the Punjab"
The National Lottery Heritage Fund30/08/2017£10k"Lest we forget"
The National Lottery Heritage Fund27/03/2017£10k"Melody Makers"
The National Lottery Heritage Fund23/01/2015£36k"The Story of Children's Television From 1946 to Today"
The National Lottery Heritage Fund22/10/2012£10k"Rootes War Effort - Coventry"
The National Lottery Heritage Fund27/03/2012£5.0m"International Transport Museum"
The National Lottery Heritage Fund24/10/2011£34k"Football Exhibition 2012"