VAULT CREATIVE ARTS LTD
To advance the arts for the public benefit, through promotion of and education in the arts, including (without limitation) drama, dance, literature, music and the visual arts, particularly, but not exclusively, by organising and delivering arts and cultural events and festivals
Objects
TO ADVANCE THE ARTS FOR THE PUBLIC BENEFIT, THROUGH PROMOTION OF AND EDUCATION IN THE ARTS, INCLUDING (WITHOUT LIMITATION) DRAMA, DANCE, LIVE PERFORMANCE, LITERATURE, MUSIC AND THE VISUAL ARTS, PARTICULARLY, BUT NOT EXCLUSIVELY, BY ORGANISING AND DELIVERING ARTS AND CULTURAL EVENTS AND FESTIVALS.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a surplus of £40,392 for the year ended 30 June 2025, a significant improvement from the previous year's loss. The trustees confirm the charity is a commercial going concern, supported by stabilized operations at The Glitch venue and strong unrestricted reserves of £83,379. The organization notes that financial sustainability was a major risk in prior years but has been mitigated through cost reductions and income growth.
What the accounts disclose
“Charitable activities 3 - 184,573 184,573” — page 13
“The Trustees aim to hold approximately 3-months of overheads in reserve at any one time (currently about £50,000).”
“During the period, VCS paid a license fee totalling of £54,000 to VCA. This amount is included in the ‘License fee’ as shown in the the 'Charitable activities' income. The balance due from VCS at the year end amounted to £33,196. This amount ‘is included in ‘Other debtors’.” — page 20
“Vault Creative Services Ltd is a trading subsidiary wholly owned by VAULT Creative Arts, which undertakes all trading activities not permitted to be carried out by the Charity.” — page 9
Policies the charity declares
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Paying staff
- Risk management
- Safeguarding vulnerable beneficiaries
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Volunteer management
Structured financials (annual return, FY ending 30/06/2023)
Trustees
- Michael Francis Dugganchair
- Amanda Shantell Lee-Ajala
- Heather Amy Ruck
- Helen Louise O'Donnell
- Jessica Claire Lawson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £249k | £209k |
| 30/06/2024 | £156k | £430k |
| 30/06/2023 | £1.8m | £1.9m |
Common questions
Is VAULT CREATIVE ARTS LTD financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a surplus of £40,392 for the year ended 30 June 2025, a significant improvement from the previous year's loss. The trustees confirm the charity is a commercial going concern, supported by stabilized operations at The Glitch venue and strong unrestricted reserves of £83,379. The organization notes that financial sustainability was a major risk in prior years but has been mitigated through cost reductions and income growth. Its FY2025 accounts were independently examined.