NEW ART STUDIO
The New Art Studio is a weekly art therapy community for refugees and asylum seekers which takes place in north London. Experienced, state registered Art Psychotherapists work with members from all over London to make art in a safe and encouraging environment, to alleviate stresses due to traumas. Occasional exhibitions connect with the public and give members a sense of achievement.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves were £12,480 at the end of the financial year, which is below the trustees' stated policy target of holding reserves equivalent to two months of operation. The charity reported a net incoming resource of £6,254 and has no debts, though it notes that funding is the main ongoing issue for the Studio.
What the accounts disclose
“The Trustees will aim to hold reserves equivalent to 2 months operation at all times” — page 3
Trustees
- Eve Bobbie Hamlyn Lingwood
- Katharine Cecilia Bullock
- Katharine Edwards
- Oluwafunmibi Ogunlesi
- Sarah Siobhan O'Connell
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £39k | £45k |
| 31/07/2024 | £52k | £50k |
| 31/07/2023 | £38k | £29k |
| 31/07/2022 | £15k | £30k |
| 31/07/2021 | £12k | £27k |
Common questions
Is NEW ART STUDIO financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves were £12,480 at the end of the financial year, which is below the trustees' stated policy target of holding reserves equivalent to two months of operation. The charity reported a net incoming resource of £6,254 and has no debts, though it notes that funding is the main ongoing issue for the Studio. Its FY2025 accounts were independently examined.
Who funds NEW ART STUDIO?
Funders whose own accounts filings name NEW ART STUDIO as a grant recipient include CRIPPLEGATE FOUNDATION, LONDON CATALYST, THE PETER STEBBINGS MEMORIAL CHARITY.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| CRIPPLEGATE FOUNDATION | FY2024 | £4k | Community Chest |
| LONDON CATALYST | FY2023 | £2k | Volunteer co-ordinator to promote heart health awareness campaign. |
| THE PETER STEBBINGS MEMORIAL CHARITY | FY2025 | £0 |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 09/02/2024 | £20k | NAS Service Expansion Spring 2024 |
| UK government | 24/08/2020 | £10k | Coronavirus Community Support Fund |