CHARLESTON LEWES LIMITED
The focus of the new art galleries at Charleston Lewes will be to bring world class art to our local communities andwe will use other spaces in the building to support and develop the work of local artists and offer opportunitiesfor education and engagement with art to local schools, higher education, community groups and visitors.
Financial health, per its FY2024 accounts
The accounts state that the charity’s current liabilities exceed its current assets by £53,785, resulting in a net deficit of £53,785. The trustees note that the company is dependent on funding from The Charleston Trust to meet its liabilities as they fall due, although support has been pledged for twelve months. The trustees are currently developing a reserves policy, as none was stated in the filing.
What the accounts disclose
“TOTAL INCOME 462,422”
“The trustees are currently in the process of developing a reserves policy for the charity which will fulfil its charitable obligations, whilst acknowledging its ongoing operational and financial support from The Charleston Trust (Bloomsbury in Sussex).” — page 6
“In the short term the company is dependent on funding from The Charleston Trust (Bloomsbury in Sussex) to meet its liabilities as they fall due. The Charleston Trust (Bloomsbury in Sussex) has pledged its financial support for the period of twelve months from the date of this report.”
“Charleston Lewes Ltd charged £100,627 (2023; £0) to The Charleston Trust (Bloomsbury in Sussex) and £20,770 (2023; £0) to Charleston Enterprises Ltd, a company whose share capital is wholly owned by The Charleston Trust (Bloomsbury in Sussex).”
Trustees
- Caroline Fiona Price
- Edward Davey
- Jolyon Lawrence Brewis
- Marion Olive Gibbs
- Piers Robert Sanders
- Rachel Chang
- Rt Hon Baroness Elizabeth Kay Andrews
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £462k | £528k |
| 31/12/2023 | £299k | £288k |
Common questions
Is CHARLESTON LEWES LIMITED financially healthy?
Per its FY2024 accounts: The accounts state that the charity’s current liabilities exceed its current assets by £53,785, resulting in a net deficit of £53,785. The trustees note that the company is dependent on funding from The Charleston Trust to meet its liabilities as they fall due, although support has been pledged for twelve months. The trustees are currently developing a reserves policy, as none was stated in the filing. Its FY2024 accounts were audited by Saffery LLP.
Who funds CHARLESTON LEWES LIMITED?
Funders whose own accounts filings name CHARLESTON LEWES LIMITED as a grant recipient include THE CHALK CLIFF TRUST, STAPLES TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE CHALK CLIFF TRUST | FY2025 | £25k | |
| STAPLES TRUST | FY2024 | £10k | Towards the development of its cultural centre in Lewes. |