COUNTY HALL ARTS
To advance the education of people in the arts for the public benefit in particular the arts of drama, dance, music, motion pictures and the culinary arts, primarily but not exclusively, through the provision of financial assistance in the education, access and creation of arts and culture and, to establish and maintain an art gallery and/or museum and/or culinary art school for the public benefit
Financial health, per its FY2024 accounts
The accounts state that the charity reported a surplus of £1,262,490 for the year ended 31 December 2024, with total unrestricted funds of £53,761,807. The trustees confirm that the charity has adequate resources to continue in operational existence for the foreseeable future, supported by significant cash deposits and unrestricted fund balances.
What the accounts disclose
“A prudent estimation of reserve cover, to allow the charity to fulfil its charitable objectives, is estimated to be the equivalent of approximately three years rental income. The reserves are maintained to allow the charity to take advantage of project opportunities and to continue to operate at its forecasted expenditure level for a period of three years, should a substantial fall in income occur.” — page 8
“County Hall Arts, as a CIO, operates commercial activities through its trading subsidiaries which directly support the charitable activities. County Hall Arts provides funding to Zen Europa Arts Ltd to produce creative content and provide distribution services and County Hall Pottery Ltd to operate a ceramic art gallery and school.” — page 7
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Inaki Solaguren-Beascoa Martinez
- KENZO OKAMOTO
- Masakazu Okamoto
- Mikako Takaori
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £8.8m | £7.5m |
| 31/12/2023 | £10.7m | £7.9m |
| 31/12/2022 | £7.9m | £3.2m |
| 31/12/2021 | £8.2m | £1.9m |
| 31/12/2020 | £21.2m | £582k |
Common questions
Is COUNTY HALL ARTS financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a surplus of £1,262,490 for the year ended 31 December 2024, with total unrestricted funds of £53,761,807. The trustees confirm that the charity has adequate resources to continue in operational existence for the foreseeable future, supported by significant cash deposits and unrestricted fund balances. Its FY2024 accounts were audited by Johnsons Chartered Accountant.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE FOYLE FOUNDATION | 1 | £100k |
| JOHN LYON'S CHARITY | 1 | £42k |
| The Portal Trust | 1 | £39k |
| THE FREELANDS FOUNDATION LIMITED | 1 | £35k |
| THE GOLSONCOTT FOUNDATION | 1 | £29k |
| THE NATIONAL FOUNDATION FOR YOUTH MUSIC | 1 | £27k |
| SHORESH CHARITABLE TRUST (DR RUTH BORCHARD GIFT) | 1 | £10k |
| Norwich Freemen's Charity | 1 | £10k |
Charities like this
- NEWCASTLE ARTS CENTRE TRUST LTD
- COUNTY DURHAM ARTS IN EDUCATION AGENCY
- HOXTON HALL
- THE SHOWROOM GALLERY LTD.
- THE COURTYARD TRUST
- CONTAINS ART CIO
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| COUNTY HALL ARTS | £8.8m | — | 0 | above | — | no doubt |
| NEWCASTLE ARTS CENTRE TRUST LTD | £175k | — | 0 | unclear | — | no doubt |
| COUNTY DURHAM ARTS IN EDUCATION AGENCY | £239k | — | 0 | unclear | — | no doubt |
| HOXTON HALL | £825k | — | 0 | unclear | — | noted |
| THE SHOWROOM GALLERY LTD. | £409k | — | 0 | above | — | no doubt |
| THE COURTYARD TRUST | £3.7m | — | 0 | unclear | — | no doubt |