MILL ARTS CENTRE TRUST
Opened in 1990 The Mill is a multi-function arts centre and the only dedicated arts provision in the busy market town of Banbury in Oxfordshire. We have audiences of around 5,000 people per year buying 17,000 individual performances, events, classes and workshops.
Objects
THE OBJECTS OF THE CIO ARE TO BENEFIT BOTH THE YOUNG PEOPLE AND ADULTS OF BANBURY AND THE SURROUNDING REGION SERVED BY THE TOWN OF BANBURY ("THE AREA") AND ALSO PEOPLE AT LARGE, WITHOUT DISTINCTION OF SEX, SEXUAL ORIENTATION, RACE OR OF POLITICAL, RELIGIOUS OR OTHER OPINIONS, BY FURTHERING THE FOLLOWING CHARITABLE PURPOSES (RECOGNISED UNDER ENGLISH LAW):• TO PROMOTE THE ARTS FOR THE PUBLIC BENEFIT; • TO ADVANCE EDUCATION FOR THE PUBLIC BENEFIT; • TO PROVIDE (AND ASSIST IN THE PROVISION OF) FACILITIES FOR RECREATION AND OTHER LEISURE-TIME OCCUPATION IN THE INTERESTS OF SOCIAL WELFARE WITH THE OBJECTIVE OF IMPROVING THE CONDITIONS OF LIFE FOR THE RESIDENTS OF THE AREA; AND• TO FURTHER SUCH OTHER CHARITABLE PURPOSES AS THE TRUSTEES SEE FIT FROM TIME TO TIME IN THE AREA FOR THE PUBLIC BENEFIT.THE CIO’S CHARITABLE PURPOSES WILL BE FURTHERED AT OR DIRECTED FROM THE MILL ARTS CENTRE BANBURY ("THE MILL").
Financial health, per its FY2025 accounts
The accounts state that the charity ended the year with a net deficit of £112,012, resulting in a combined negative fund balance of £66,931. Per the trustees' report, unrestricted reserves of £(79,991) are well below the stated policy target of approximately £90,000, though the trustees maintain a going concern basis citing strong cashflow and expected stabilization in the coming year.
What the accounts disclose
“Although the current level of free (unrestricted) reserves is well below the target level identified above” — page 8
“The Mill Arts Centre building is owned by Oxfordshire County Council and leased to the Trust on a peppercorn rent. In addition, Oxfordshire County Council provides facilities management and supply of utilities to the Trust as support in kind.” — page 12
“Cherwell District Council supports the Trust through an annual public subsidy of £106,270. An officer of the council sits as an observer on the Board of Trustees to oversee application of these funds.” — page 12
“The Mill Arts Centre building is owned by Oxfordshire County Council and leased to the Trust on a peppercorn rent. In addition, Oxfordshire County Council provides facilities management and supply of utilities to the Trust as support in kind.” — page 12
“Cherwell District Council supports the Trust through an annual public subsidy of £106,270. An officer of the council sits as an observer on the Board of Trustees to oversee application of these funds.” — page 12
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Barbara Baseley-Smithchair
- Al Miller
- Andrew McHugh
- Annalysa Godin
- Catherine Richeldis Snelling
- Karen Warren
- Katalin Lacey
- Rafael Oliveira Lima
- Robert Pattenden
- Sarah Louise Norton
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £938k | £1.1m |
| 31/03/2024 | £945k | £923k |
| 31/03/2023 | £726k | £721k |
| 31/03/2022 | £685k | £663k |
| 31/03/2021 | £465k | £423k |
Common questions
Is MILL ARTS CENTRE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity ended the year with a net deficit of £112,012, resulting in a combined negative fund balance of £66,931. Per the trustees' report, unrestricted reserves of £(79,991) are well below the stated policy target of approximately £90,000, though the trustees maintain a going concern basis citing strong cashflow and expected stabilization in the coming year. Its FY2025 accounts were independently examined.
Who funds MILL ARTS CENTRE TRUST?
Funders whose own accounts filings name MILL ARTS CENTRE TRUST as a grant recipient include DORIS FIELD CHARITABLE TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| DORIS FIELD CHARITABLE TRUST | FY2022 | £1k | Single payment |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 05/02/2026 | £20k | Creative Wellbeing Sessions |
| UK government | 13/10/2022 | £183k | National Portfolio Organisations |
| UK government | 13/10/2022 | £183k | National Portfolio Organisations |
| UK government | 22/10/2021 | £30k | Culture Recovery Fund: Continuity Support |
| The National Lottery Community Fund | 23/01/2020 | £1k | Now That's What I Call Dancing Banbury 2020 |
| The National Lottery Community Fund | 07/08/2019 | £10k | Early StARTS |
| The National Lottery Community Fund | 14/06/2018 | £10k | creative, connected communities in bicester |
| The National Lottery Community Fund | 01/02/2017 | £10k | The Banbury Community Kitchen: Cook, Chat and Learn |
| The National Lottery Community Fund | 11/11/2016 | £10k | Getting creative about cake - a community celebration of the cake |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE THEATRES TRUST CHARITABLE FUND | 2 | £32k |
| DR RADCLIFFE'S TRUST | 2 | £16k |
| GREENHAM TRUST LTD | 1 | £377k |
| BACKSTAGE TRUST | 1 | £250k |
| THE NATIONAL FOUNDATION FOR YOUTH MUSIC | 1 | £225k |
| MISS W E LAWRENCE 1973 CHARITABLE SETTLEMENT | 1 | £166k |
| THE ANDREW LLOYD WEBBER FOUNDATION | 1 | £100k |
| THE SACKLER TRUST | 1 | £70k |
Charities like this
- THE TOWN MILL TRUST LYME REGIS
- NEW MILLS ART THEATRE LIMITED
- MILLAN CENTRE
- MILLGATE ARTS CENTRE LIMITED
- THE MILLER CENTRE TRUST
- MIDLANDS ARTS CENTRE
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| MILL ARTS CENTRE TRUST | £938k | — | 0 | below | — | no doubt |
| THE TOWN MILL TRUST LYME REGIS | £244k | — | 0 | unclear | — | no doubt |
| NEW MILLS ART THEATRE LIMITED | £124k | — | 0 | unclear | — | no doubt |
| MILLAN CENTRE | £121k | — | 0 | unclear | — | no doubt |
| MILLGATE ARTS CENTRE LIMITED | £160k | — | 0 | unclear | — | no doubt |
| THE MILLER CENTRE TRUST | £116k | — | 0 | unclear | — | no doubt |