ARTS FACTORY LTD
TO PROVIDE OR ASSIST IN THE PROVISION OF FACILITIES OF SOCIAL WELFARE FOR RECREATION OR OTHER LEISURE TIME OCCUPATION OF INDIVIDUALS WHO HAVE NEED OF SUCH FACILITIES BY REASON OF THEIR YOUTH, AGE, INFIRMITY OR DISABILITY, FINANCIAL HARDSHIP OR SOCIAL CIRCUMSTANCES WITH THE OBJECT OF IMPROVING THEIR CONDITIONS OF LIFE
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £65,991 for the year ended 31 March 2025, resulting in a decrease in total net assets from £459,745 to £393,754. Per the trustees' report, unrestricted general income fund reserves stood at £70,310, which exceeds the stated policy target of £30,000. The charity relies on a mix of earned income, grants, and donations to cover operating costs.
What the accounts disclose
“It is the policy of the charity that unrestricted liquid reserves held by the charity should be at least £30,000, representing approximately a quarter of ongoing annual overhead costs.” — page 5
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2024)
Trustees
- Steve Cranstonchair
- ALLISON EVANS
- BARRY TRIGGS
- Leon Frampton Moss
- MICHAEL HADYN BRYAN
- Michaela Evans
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £372k | £437k |
| 31/03/2024 | £1.0m | £964k |
| 31/12/2022 | £491k | £467k |
| 31/12/2021 | £486k | £410k |
| 31/12/2020 | £458k | £341k |
Common questions
Is ARTS FACTORY LTD financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net deficit of £65,991 for the year ended 31 March 2025, resulting in a decrease in total net assets from £459,745 to £393,754. Per the trustees' report, unrestricted general income fund reserves stood at £70,310, which exceeds the stated policy target of £30,000. The charity relies on a mix of earned income, grants, and donations to cover operating costs. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 26/02/2024 | £20k | Maerdy Youth Club |
| The National Lottery Community Fund | 19/10/2022 | £99k | UKP Cost of Living - Taking Back Control |
| The National Lottery Community Fund | 12/07/2018 | £10k | Life in my Community - Health and Wellbeing Club |
| The National Lottery Heritage Fund | 22/04/2005 | £50k | "Celebrating Trerhondda Chapel" |