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

THE BOMB FACTORY ART FOUNDATION

Registered charity 1169506 · accounts filings on the Charity Commission register

Offering affordable art studios. Providing a supportive environment for our artists. Creating a new London art destination for the local and wider communities.Participation in contemporary visual art through workshop, education and community projects. We act as an educational resource for local schools, colleges and institutions as well as the wider communities.

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

Latest income
£658k
Latest spending
£494k
Registered
2016
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity generated a net surplus of £163,871 for the year ended 31 March 2025, with total unrestricted reserves increasing to £558,972. The trustees consider the reserves level of £558,972 to be appropriate against a policy target of eight to ten months of expenditure, noting that the charity has reached its goal in reserves. The financial review indicates the business model remains strong and flexible, supported by reliable rental income from artist studios.

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

What the accounts disclose

Largest income source: Charitable activities (rental income) (94% of income)
“During the 2024/25 financial year 94% of total revenue came from Bomb Factory charitable activities including rental income, space rental and leaseholders’ contributions.” — page 20
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: eight to ten months expenditure (held: £559k)
“the Directors consider that the most appropriate level of free reserves is between eight to ten months expenditure”
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Public profiles (found on the charity’s own website): facebook · instagram

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

Total income
£658k
Total spending
£494k
Reserves (reported)
£580k
Employees
6

Reported reserves equal ~14.1 months of spending — in the top quarter for charities its size (median 5.2 months; benchmarks).

Trustees · trustee networks

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

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/03/2025£658k£494k
31/03/2024£569k£389k
31/03/2023£381k£288k
31/03/2022£246k£159k
31/03/2021£104k£86k

Common questions

Is THE BOMB FACTORY ART FOUNDATION financially healthy?

Per its FY2025 accounts: The accounts state that the charity generated a net surplus of £163,871 for the year ended 31 March 2025, with total unrestricted reserves increasing to £558,972. The trustees consider the reserves level of £558,972 to be appropriate against a policy target of eight to ten months of expenditure, noting that the charity has reached its goal in reserves. The financial review indicates the business model remains strong and flexible, supported by reliable rental income from artist studios. Its FY2025 accounts were independently examined.