THE NEW ASHGATE GALLERY TRUST LIMITED
The trust's principal activities are that of promoting, improving and advancing contemporary art and craft.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a loss of £6,076 for the year ended 31 March 2025, despite recording its highest gross sales income in recent years. Unrestricted net current assets stood at £143,347, which is above the stated reserves policy target of £65,000 designated to cover six months of operating costs.
What the accounts disclose
“The gallery maintains a designated reserve of £65,000 to cover at least six months of operating costs, excluding depreciation.” — page 6
Property (HM Land Registry)
Trustees
- NORMA CORKISHchair
- Anne Good
- Caroline Jackman
- Christopher Daniel Goode
- Dr Margaret Ann Smith
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £132k | £145k |
| 31/03/2024 | £132k | £145k |
| 31/03/2023 | £127k | £143k |
| 31/03/2022 | £149k | £129k |
| 31/03/2021 | £126k | £124k |
Common questions
Is THE NEW ASHGATE GALLERY TRUST LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a loss of £6,076 for the year ended 31 March 2025, despite recording its highest gross sales income in recent years. Unrestricted net current assets stood at £143,347, which is above the stated reserves policy target of £65,000 designated to cover six months of operating costs. Its FY2025 accounts were independently examined.
Who funds THE NEW ASHGATE GALLERY TRUST LIMITED?
Funders whose own accounts filings name THE NEW ASHGATE GALLERY TRUST LIMITED as a grant recipient include THE BILLMEIR CHARITABLE TRUST, DR RADCLIFFE'S TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE BILLMEIR CHARITABLE TRUST | FY2024 | £5k | |
| DR RADCLIFFE'S TRUST | FY2024 | £4k | Rising Stars professional development pilot |
| THE BILLMEIR CHARITABLE TRUST | FY2025 | £3k | |
| THE BILLMEIR CHARITABLE TRUST | FY2023 | £2k | Donations |
| THE BILLMEIR CHARITABLE TRUST | FY2022 | £1k |