CAMBRIDGE COMMUNITY ARTS
CCA runs a programme of high quality creative arts courses and clubs across a wide range of subjects (Visual, Digital and Performing Arts) for adults with health conditions (mental or physical), disabilities or learning differences in Cambridge and Fenland. Our aim is social inclusion and the improvement of mental health.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a small profit of £673 for the year ended 31 July 2024, following previous losses. However, the trustees note that the loss of core funding from Cambridge Regional College post-year-end presents a significant risk to financial sustainability, though they maintain the going concern basis due to positive reserves and cash flow at the signing date.
What the accounts disclose
“CCA’s reserves policy is to retain 3 month’s essential operational costs and 1 month’s delivery costs in reserve.” — page 8
“The Trustees have identified that the sudden loss of income and non-renewal of material grants is the largest risk to the charity. This risk materialised post year end, with the removal of the previously available funding from Cambridge Regional College which ceased in July 2024.” — page 7
Trustees
- Angela Moodie
- Anthony Rosella
- Bassey Orok Okon
- Julie Brophy
- Katharine Frances Collins
- MARTIN WOODHEAD
- Mark Robertson
- Matthew William Boham Bryan
- Rebecca Kelly
- Sophie Deborah Baillie
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2024 | £271k | £271k |
| 31/07/2023 | £319k | £367k |
| 31/07/2022 | £296k | £302k |
| 31/07/2021 | £226k | £237k |
Common questions
Is CAMBRIDGE COMMUNITY ARTS financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a small profit of £673 for the year ended 31 July 2024, following previous losses. However, the trustees note that the loss of core funding from Cambridge Regional College post-year-end presents a significant risk to financial sustainability, though they maintain the going concern basis due to positive reserves and cash flow at the signing date. Its FY2024 accounts were independently examined.