BRIGHTSPARKS ARTS IN MENTAL HEALTH CIO
BrightSparks Arts provides creative opportunities for people living with mental health conditions in the regions of Leicestershire and Northamptonshire to enable them to build self esteem, develop skills and challenge stigma. BSA delivers workshops, projects, events, exhibitions and publications to showcase the work of participants, and provides advocacy and advice to organisations/ the public.
Financial health, per its FY2025 accounts
The accounts state that total income for the year was £125,501 against total expenditure of £112,746, resulting in a surplus. The charity holds total funds of £189,813, comprising £43,432 in unrestricted funds and £146,381 in restricted funds. The trustees report that the charity does not carry out significant fundraising activities and relies principally on grant income.
What the accounts disclose
“The reserves policy of the Board of Trustees is to designate funds for ongoing projects which are not funded through grant income (£10,343) and to cover c.6 months of a project worker salary (£18,000), this currently equates to £28,343. This leaves an unrestricted (free) reserves balance of £15,089.”
Trustees
- Charlotte Richardson
- Damola Hazzan
- Elizabeth Haynes
- Grant Paton
- Joe Nixon
- Naishad Chhatralia
- Norman Leet
- Steve Dyer
- Suzanne Elliott
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 19/07/2025 | £126k | £113k |
| 19/07/2024 | £102k | £103k |
| 19/07/2023 | £80k | £87k |
| 19/07/2022 | £118k | £67k |
| 19/07/2021 | £74k | £63k |
Common questions
Is BRIGHTSPARKS ARTS IN MENTAL HEALTH CIO financially healthy?
Per its FY2025 accounts: The accounts state that total income for the year was £125,501 against total expenditure of £112,746, resulting in a surplus. The charity holds total funds of £189,813, comprising £43,432 in unrestricted funds and £146,381 in restricted funds. The trustees report that the charity does not carry out significant fundraising activities and relies principally on grant income. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 24/03/2023 | £251k | Comedy Asylum 2 |
| UK government | 18/09/2020 | £7k | Coronavirus Community Support Fund |
| The National Lottery Heritage Fund | 18/10/2012 | £5k | "Exploring the lunatic asylums of Leicester and Leicestershire" |