MINERVA ARTS & WELLBEING
We deliver high standards of arts education within the community and encourage craftsmanship by supporting local arts groups, fostering lifelong learning and enhancing skills and comprehension. We foster social inclusion for the greater good, utilising the arts to prevent social exclusion and help individuals to integrate into society.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a deficit of £111,077 for the year ended 30 June 2025, primarily due to a £100,000 shortfall in earned income from the loss of a local authority contract. Per the trustees' report, unrestricted free reserves were reduced to £nil, down from £98,275 in the prior year, leaving the charity with total net assets of £22,516.
What the accounts disclose
“The Board of Trustees acknowledge the vital need for the charity’s financial stability and has thus set a benchmark of maintaining unrestricted reserves equal to at least three months of essential operating costs.” — page 11
“In the prior year, expense of £4,375, donations received of £1,493 and workshop income of £47,566 was received from related parties.” — page 24
Trustees
- John Neil McKaychair
- Daniel Wayne McGee
- George Beeching Ormerod
- LYNNE CAROLINE ROBINSON
- Linda Procopis
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £171k | £282k |
| 30/06/2024 | £414k | £320k |
Common questions
Is MINERVA ARTS & WELLBEING financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a deficit of £111,077 for the year ended 30 June 2025, primarily due to a £100,000 shortfall in earned income from the loss of a local authority contract. Per the trustees' report, unrestricted free reserves were reduced to £nil, down from £98,275 in the prior year, leaving the charity with total net assets of £22,516. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Sport England | 15/01/2026 | £11k | Sit & Be Fit: increasing core strength and mobility |
| The National Lottery Community Fund | 23/02/2024 | £20k | BAME skills development and inclusion project |
| The National Lottery Heritage Fund | 19/01/2022 | £125k | "Learning from the Ancient Romans: Heritage, Conservation and Inclusion" |
| The National Lottery Heritage Fund | 27/09/2018 | £8k | "The Heritage of 31 Norfolk St: Community Book Project" |