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.

Objects

THE OBJECTS OF THE CHARITY ARE, FOR THE BENEFIT OF THE PUBLIC:1. TO ADVANCE EDUCATION PARTICULARLY (BUT NOT EXCLUSIVELY) IN RELATION TO ART; AND2. TO ADVANCE THE ARTS AND CULTURE, PARTICULARLY (BUT NOT EXCLUSIVELY) BY PROMOTING AND FACILITATING ACCESS TO ART EXHIBITIONS, WORKSHOPS AND OTHER ART SESSIONS.

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

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.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

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).

Per its annual return, largest income source: Charitable activities (94% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (4.9%) (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.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with FABRICA.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE BOMB FACTORY ART FOUNDATION£658k—0unclear—no doubt
FABRICA FY2025£406k—0unclear—no doubt
THE HABBIT FACTORY FY2025£191k—0below—noted
ART SERVICES GRANTS LIMITED FY2025£5.9mOver £60,0001above—no doubt
SAXMUNDHAM ART STATION FY2025£248k—0below—no doubt
ART GENE LIMITED FY2025£404k—0above—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.