ARAFEST
Raising funds through music festivals and other arts activities to provide grants for local charities in the East Yorkshire area that benefit underprivileged children
Financial health, per its FY2025 accounts
The accounts state that the charity held unrestricted reserves of £190,000 at the end of the period, with cash funds totaling £200,484. The trustees note that sponsorship is a main source of funds and that this income is likely to reduce over time, which is why significant reserves are held. The independent examiner confirmed that no material matters came to their attention during the examination of the accounts.
What the accounts disclose
Trustees
- MIKE ARAMAYOchair
- ANDREW JORDAN
- CRAIG RUTLER
- JOANNE ARAMAYO
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £66k | £32k |
| 31/12/2024 | £74k | £41k |
| 31/12/2023 | £66k | £46k |
| 31/12/2022 | £68k | £47k |
| 31/12/2021 | £68k | £27k |
Common questions
Is ARAFEST financially healthy?
Per its FY2025 accounts: The accounts state that the charity held unrestricted reserves of £190,000 at the end of the period, with cash funds totaling £200,484. The trustees note that sponsorship is a main source of funds and that this income is likely to reduce over time, which is why significant reserves are held. The independent examiner confirmed that no material matters came to their attention during the examination of the accounts. Its FY2025 accounts were independently examined.
Who funds ARAFEST?
Funders whose own accounts filings name ARAFEST as a grant recipient include THE GRAHAM KIRKHAM FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE GRAHAM KIRKHAM FOUNDATION | FY2023 | £5k | Healthcare |
| THE GRAHAM KIRKHAM FOUNDATION | FY2024 | £5k | Healthcare |
| THE GRAHAM KIRKHAM FOUNDATION | FY2025 | £5k | Healthcare |
| THE GRAHAM KIRKHAM FOUNDATION | FY2022 | £500 | Healthcare |