ARTS DERBYSHIRE
Financial health, per its FY2023 accounts
The accounts state that Arts Derbyshire CIO held total unrestricted reserves of £45,714 as of 31 March 2023. The trustees report that this amount represents three months of running costs, which is below their stated policy target of six months' running costs. The charity achieved a net receipt of £118,753 for the year, primarily driven by restricted funding from Derbyshire County Council Public Health.
What the accounts disclose
“Arts Derbyshire currently holds 3 months running cost in free reserves. Over the coming year, we will endeavour to work towards free reserves at a level equivalent to at least 6 months’ running costs.” — page 17
Trustees
- Deborah Hedderwickchair
- Alice Elisabeth Amy Marshall
- Anna Louise Malik
- Daniel Oakley
- Kalila Fiona Storey
- Mary Elizabeth Muir
- SIMON HOBBS
- Sanjana Srinivasan
- Sharon Brown
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £215k | £259k |
| 31/03/2024 | £140k | £70k |
| 31/03/2023 | £151k | £32k |
| 31/03/2022 | £58k | £40k |
| 31/03/2021 | £53k | £20k |
Common questions
Is ARTS DERBYSHIRE financially healthy?
The accounts state that Arts Derbyshire CIO held total unrestricted reserves of £45,714 as of 31 March 2023. The trustees report that this amount represents three months of running costs, which is below their stated policy target of six months' running costs. The charity achieved a net receipt of £118,753 for the year, primarily driven by restricted funding from Derbyshire County Council Public Health. Its FY2023 accounts were independently examined.
Who funds ARTS DERBYSHIRE?
Funders whose own accounts filings name ARTS DERBYSHIRE as a grant recipient include PETER SOWERBY FOUNDATION.
Known funders
| Funder | Year | Amount |
|---|---|---|
| PETER SOWERBY FOUNDATION | FY2024 | £13k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| The Edge Ministries | 2 | £18k |
| THE DERBY DIOCESAN BOARD OF FINANCE LIMITED | 1 | £796k |
| THE FREELANDS FOUNDATION LIMITED | 1 | £540k |
| BAKER FAMILY CHARITABLE TRUST | 1 | £267k |
| THE RANDAL CHARITABLE FOUNDATION | 1 | £33k |
| DEVELOPMENTS IN LITERACY UK (UK) | 1 | £10k |
| ST ANDREWS WITH CASTLE GATE NOTTINGHAM UNITED REFORMED CHURCH CHARITY | 1 | £2k |