Charity Accounts Intelreading the accounts so you don’t have to

CAROUSEL PRINT STUDIO

Registered charity 1197931 · accounts filings on the Charity Commission register

Carousel Print Studio promotes education in the visual arts and visual arts for the public in Sheffield and wider regions

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

Latest income
£38k
Latest spending
£41k
Registered
2022
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity's unrestricted reserves are £10,053, which is below the stated policy target of holding up to three months' rent and wind-down costs. Per the trustees' report, there was significant concern over sustainability in early 2025, leading to leadership changes, though the board committed to remaining open following a successful grant award in March 2025.

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

What the accounts disclose

Reserves policy: up to 3 month’s rent and costs to wind down the company, including equipment removal (held: £10k)
“We aim to hold reserves of up to 3 month’s rent and costs to wind down the company, including equipment removal.” — page 7
Per its FY2025 accounts as filed with the Charity Commission.
Going concern: noted by the trustees or auditor
“The remaining board members took on steering alongside HD to review the organisation sustainability plans, committing to remain open due to forecasting and a grant award success in March.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Subletting premises from Yorkshire Art Space, a related charity.
“We work closely with Yorkshire Art Space who are a charity in which we sublet the premises from and collaborate with for local events.” — page 2
Per its FY2025 accounts as filed with the Charity Commission.
Governance: Prior year error identified in receipts and payments accounts (gross vs net basis for platform fees).
“During the independent examination of Carousel Print Studio financial statements for the year ended 5 April 2025, an error was identified in the prior year’s receipts and payments accounts.” — page 10
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Public fundraising profile: JustGiving — Carousel Print Studio (matched by registered charity number).

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

Trustees · trustee networks

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

Operates in: Sheffield City

Income and spending

Financial year endIncomeSpending
05/04/2025£38k£41k
05/04/2024£20k£16k
05/04/2023£23k£26k

Common questions

Is CAROUSEL PRINT STUDIO financially healthy?

Per its FY2025 accounts: The accounts state that the charity's unrestricted reserves are £10,053, which is below the stated policy target of holding up to three months' rent and wind-down costs. Per the trustees' report, there was significant concern over sustainability in early 2025, leading to leadership changes, though the board committed to remaining open following a successful grant award in March 2025. Its FY2025 accounts were independently examined.

Who funds CAROUSEL PRINT STUDIO?

Funders whose own accounts filings name CAROUSEL PRINT STUDIO as a grant recipient include THE J G GRAVES CHARITABLE TRUST.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
THE J G GRAVES CHARITABLE TRUSTFY2022£2k