WATERSPRITE FILM FESTIVAL LTD
The charity advances education and promotes learning and creative collaboration with the public, with a particular reference to the making and distribution of film, television and other art forms of the moving image. We promote these arts amongst young people and emerging talent by holding film festivals and public screenings, operating both in the United Kingdom and internationally.
Objects
THE CHARITYÆS OBJECTS ARE, FOR THE BENEFIT OF THE PUBLIC (WITH A PARTICULAR BUT NON-EXCLUSIVE FOCUS ON YOUNG PEOPLE AND EMERGING TALENT), BOTH IN THE UNITED KINGDOM AND INTERNATIONALLY:1. TO ADVANCE EDUCATION THROUGH (WITHOUT LIMITATION) PROMOTING LEARNING AND CREATIVE COLLABORATION WITH THE PUBLIC, WITH A PARTICULAR REFERENCE TO THE MAKING AND DISTRIBUTION OF FILM, TELEVISION AND OTHER ART FORMS OF THE MOVING IMAGE; AND2. TO PROMOTE THE ARTS, IN PARTICULAR (WITHOUT LIMITATION) THROUGH PROVIDING OPPORTUNITIES TO INSPIRE AND RAISE AWARENESS ABOUT FILM AND OTHER ART FORMS OF THE MOVING IMAGE, IN PARTICULAR, BUT NOT EXCLUSIVELY, THROUGH HOLDING FILM FESTIVALS AND PUBLIC SCREENINGS.NOTHING IN THE ARTICLES SHALL AUTHORISE AN APPLICATION OF THE PROPERTY OF THE CHARITY FOR PURPOSES WHICH ARE NOT CHARITABLE IN ACCORDANCE WITH SECTION 7 OF THE CHARITIES AND TRUSTEE INVESTMENT (SCOTLAND) ACT 2005 AND/OR SECTION 2 OF THE CHARITIES ACT (NORTHERN IRELAND) 2008.
Financial health, per its FY2025 accounts
The accounts state that total income for the year was £139,381.86 against total expenditure of £123,671, resulting in a positive net position. The charity holds £65,770.35 in cash reserves, which exceeds its stated policy target of three months' operating costs (£30,917.75). The trustees identify financial sustainability as the main risk due to reliance on corporate sponsorship but express confidence in the charity's future operations.
What the accounts disclose
“The Charity’s principal funding sources came from Corporate donations (£103,695) and sponsorship (£41,855)” — page 12
“The trustees aim to hold three months’ operating costs in reserve.” — page 12
“In the current year, Charity Trustee, Brian Woods, was also on the Board of Trustees for the Royal Television Society East, one of the Charity’s partners. His position was declared and any decisions made by the Board were not unduly influenced.” — page 14
Policies the charity declares
- Complaints handling
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
- HILARY BEVAN JONESchair
- BERNADETTE SCHRAMM
- BRIAN WOODS
- Farhana Bhula
- Helen Simmons
- Katharine Louise Blair
- Nicholas Lesley Swimer
- Olufemi Ladeinde
- PROFESSOR Michael Andrew Parker
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £139k | £124k |
| 31/08/2024 | £101k | £99k |
| 31/08/2023 | £66k | £63k |
| 31/08/2022 | £71k | £78k |
| 31/08/2021 | £35k | £37k |
Common questions
Is WATERSPRITE FILM FESTIVAL LTD financially healthy?
Per its FY2025 accounts: The accounts state that total income for the year was £139,381.86 against total expenditure of £123,671, resulting in a positive net position. The charity holds £65,770.35 in cash reserves, which exceeds its stated policy target of three months' operating costs (£30,917.75). The trustees identify financial sustainability as the main risk due to reliance on corporate sponsorship but express confidence in the charity's future operations. Its FY2025 accounts were independently examined.
Who funds WATERSPRITE FILM FESTIVAL LTD?
Funders whose own accounts filings name WATERSPRITE FILM FESTIVAL LTD as a grant recipient include THE BRITFORD BRIDGE TRUST, CHAPMAN CHARITABLE TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE BRITFORD BRIDGE TRUST | FY2025 | £10k | Secondary |
| CHAPMAN CHARITABLE TRUST | FY2025 | £2k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE JOHN R. MURRAY CHARITABLE TRUST | 1 | £205k |
| THE FOYLE FOUNDATION | 1 | £100k |
| THE NISBET TRUST | 1 | £60k |
| JOSEPH ROWNTREE FOUNDATION | 1 | £52k |
| THE ALAN EDWARD HIGGS CHARITY | 1 | £34k |
| THE BOWERMAN CHARITABLE TRUST | 1 | £27k |
| THE BOLTINI TRUST | 1 | £8k |
| THE GOLDHILL FAMILY CHARITABLE TRUST | 1 | £5k |
Charities like this
- BERWICK FILM & MEDIA ARTS FESTIVAL
- CHICHESTER CINEMA AT NEW PARK LIMITED
- PETWORTH FESTIVAL
- SOMERSET FILM AND VIDEO LTD
- Highly Sprung Performance
- SIGNAL FILM & MEDIA LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| WATERSPRITE FILM FESTIVAL LTD | £139k | — | 0 | above | — | no doubt |
| BERWICK FILM & MEDIA ARTS FESTIVAL | £339k | Under £60,000 | 0 | unclear | — | no doubt |
| CHICHESTER CINEMA AT NEW PARK LIMITED | £802k | — | 0 | unclear | — | no doubt |
| PETWORTH FESTIVAL | £560k | — | 0 | above | — | no doubt |
| SOMERSET FILM AND VIDEO LTD | £356k | — | 0 | unclear | — | no doubt |
| Highly Sprung Performance | £473k | — | 0 | unclear | — | no doubt |