Britten Pears Arts
Financial health, per its FY2023 accounts
The accounts state that total reserves decreased by £394,000 to £58,439,000, with unrestricted reserves falling to £8,043,000. The trustees report that the organization has adequate resources to continue in operational existence for the foreseeable future, citing access to unrestricted reserves and strong customer numbers post-pandemic. However, the financial review notes that demand is still below pre-Covid levels and the organization started the year with a deficit budget.
What the accounts disclose
“The Trustees concluded that they would aim that unrestricted and undesignated (free) reserves, not backed by fixed assets, should cover six months of projected charitable costs excluding depreciation. This is a number of about £3.6m” — page 14
“The Charity has two active wholly owned trading subsidiaries which are consolidated into the Group’s accounts, Snape Maltings Trading Limited (Company Number 1519527) and Britten Estate Limited (Company Number 2063909).” — page 30
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (07/11/2023)
- Received assets from another charity (15/02/2023)
- Received assets from another charity (11/04/2017)
Trustees
- Angela Marie Christine Mallinsonchair
- ALASDAIR WILSON ROBERTSON TAIT
- Andrew Comben
- David Andrew Leo Clasen
- David Andrew Robbie
- Helen Vincent
- James Peter Rivett KC
- Jamie Njoku-Goodwin
- Lady Sarah Younger
- Laura Wade-Gery
- Linda OHare
- Matthew Gregory
- Sarah Mary Faulder
- Stephen Christopher Neil Swift
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £15.3m | £13.0m |
| 31/03/2024 | £18.4m | £12.8m |
| 31/03/2023 | £12.8m | £13.3m |
| 31/03/2022 | £11.4m | £11.1m |
| 31/03/2021 | £9.3m | £8.9m |
Common questions
Is Britten Pears Arts financially healthy?
The accounts state that total reserves decreased by £394,000 to £58,439,000, with unrestricted reserves falling to £8,043,000. The trustees report that the organization has adequate resources to continue in operational existence for the foreseeable future, citing access to unrestricted reserves and strong customer numbers post-pandemic. However, the financial review notes that demand is still below pre-Covid levels and the organization started the year with a deficit budget. Its FY2023 accounts were audited by RSM UK Audit LLP.