DEVELOPING ARTISTS
Developing Artists works to support the arts and artists from and in post-conflict nations and deprived communities, raising awareness of key advocacy issues at a local and international level.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net surplus of £7 for the year ended 31 May 2025, with total income of £30,000 and total expenditure of £29,993. However, the charity holds negative unrestricted reserves of £542, resulting in total net assets of £(542). The trustees confirm the accounts are prepared on a going concern basis, citing sufficient cash flows to meet liabilities for at least one year.
What the accounts disclose
“Donations Grants 30,000 30,000”
“There is a relatively small level of unrestricted funding at the balance sheet date, but the intention is to build unrestricted reserves over the next 3 to 5 years in line with the charity's operational plans.” — page 6
Register events
- Received assets from another charity (08/10/2018)
Trustees
- Maria McMinn
- Patrick Chee Ning Lee
- Paul Stuart Mitchell
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/05/2025 | £30k | £30k |
| 31/05/2024 | £0 | £1k |
| 31/05/2023 | £2k | £4k |
| 31/05/2022 | £506 | £9k |
| 31/05/2021 | £1k | £2k |
Common questions
Is DEVELOPING ARTISTS financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net surplus of £7 for the year ended 31 May 2025, with total income of £30,000 and total expenditure of £29,993. However, the charity holds negative unrestricted reserves of £542, resulting in total net assets of £(542). The trustees confirm the accounts are prepared on a going concern basis, citing sufficient cash flows to meet liabilities for at least one year. Its FY2025 accounts were independently examined.