WOOLWICH CREATIVE DISTRICT TRUST

Registered charity 1189180 · accounts filings on the Charity Commission register

Woolwich Creative District Trust operates Woolwich Works, a major cultural hub in south-east London, from which it promotes the arts and arts eduction and offers facilities and services which improve the quality of life of residents of the Royal Borough of Greenwich.

Causes: Arts/culture/heritage/science · website · Get email alerts

Latest income

£3.4m

Latest spending

£3.4m

Registered

2020

Accounts read

FY2025

Financial health, per its FY2025 accounts

The accounts state that the group generated a surplus of £24,064 for the year ended 31 March 2025, marking a return to stability after previous deficits. However, the charity remains in a net liability position with an accumulated deficit of £1,624,533, largely driven by unrestricted fund deficits. The trustees confirm adequate resources for going concern, supported by extended loan terms from the Royal Borough of Greenwich and secured future income.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Highest-paid employee band: £90,001 - £100,000 — in the top quarter for charities its size (median £70k)

“In the band £90,001 - £100,000” — page 34

Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Goodman Jones LLP. Discloses 4 of 6 completeness components.

Public fundraising profile: JustGiving — Woolwich Works (matched by registered charity number).

Public profiles (found on the charity’s own website): facebook · instagram

Structured financials (annual return, FY ending 31/03/2025)

Total income

£3.4m

Total spending

£3.4m

Cost of raising funds

£802k

Reserves (reported)

£0

Employees

108

Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Other trading activities (59% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 23.6% of total income — in the top quarter for charities its size (median 5.2%) (benchmarks).

Trustees · trustee networks

Clive Ahmed
Davano Jahdia Spencer Francis
David Paul Sullivan
Olufunke Elizabeth Omowumi Ige
Philip John Watkins · trustee of 1 other charity
Sally Manser
Shah Mohammed Ziaur Rahman
Steve Sayer

Trustee list from the Charity Commission register (current, not historical).

Operates in: Greenwich

Income and spending

Financial year end	Income	Spending
31/03/2025	£3.4m	£3.4m
31/03/2024	£2.7m	£3.2m
31/03/2023	£1.8m	£3.9m
31/03/2022	£1.2m	£2.6m
31/03/2021	£1.5m	£634k

Common questions

Is WOOLWICH CREATIVE DISTRICT TRUST financially healthy?

Per its FY2025 accounts: The accounts state that the group generated a surplus of £24,064 for the year ended 31 March 2025, marking a return to stability after previous deficits. However, the charity remains in a net liability position with an accumulated deficit of £1,624,533, largely driven by unrestricted fund deficits. The trustees confirm adequate resources for going concern, supported by extended loan terms from the Royal Borough of Greenwich and secured future income. Its FY2025 accounts were audited by Goodman Jones LLP.

What does the highest-paid employee of WOOLWICH CREATIVE DISTRICT TRUST earn?

Per its FY2025 accounts, the highest-paid employee was in the £90,001 - £100,000 band.

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

Funder	Date	Amount	Purpose
The National Lottery Community Fund	22/04/2022	£10k	Event & Legacy for Queen's Platinum Jubilee

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Funder	Similar charities funded	Amount to them
THE THEATRES TRUST CHARITABLE FUND	1	£4k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with WOOLWICH COMMUNITY CHURCH.

WOOLWICH COMMUNITY CHURCH income £120k
TRINITY BUOY WHARF TRUST income £430k
GLYNDON COMMUNITY GROUP income £221k
THE HOUNSLOW ARTS TRUST LTD income £824k
CREATE SPACE LONDON income £132k
THE GREENWICH THEATRE LIMITED income £1.7m

Side by side with its peers

Charity	Income	Top pay band	Staff >£60k	Reserves vs policy	Fundraising cost	Going concern
WOOLWICH CREATIVE DISTRICT TRUST	£3.4m	£90,001 - £100,000	—	unclear	—	no doubt
WOOLWICH COMMUNITY CHURCH FY2025	£120k	—	0	unclear	—	no doubt
TRINITY BUOY WHARF TRUST FY2025	£430k	—	0	below	—	no doubt
GLYNDON COMMUNITY GROUP FY2025	£221k	—	0	unclear	—	no doubt
THE HOUNSLOW ARTS TRUST LTD FY2025	£824k	—	—	below	—	no doubt
CREATE SPACE LONDON FY2025	£132k	—	0	unclear	—	no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.