CORBY COMMUNITY ARTS ASSOCIATION LIMITED
The objects for which the Company is established are: the promotion of education in music, drama and visual arts and the appreciation of the arts amongst the Community and to provide facilities in the interests of Social Welfare for recreation and other leisure-time occupation with the object of improving the conditions of life for the persons for whom such facilities are primarily intended.
Objects
1. THE PROMOTION OF EDUCATION IN MUSIC, DRAMA AND VISUAL ARTS AND THE APPRECIATION OF THE ARTS AMONGST THE COMMUNITY AND 2. TO PROVIDE FACILITIES IN THE INTERESTS OF SOCIAL WELFARE FOR RECREATION AND OTHER LEISURE-TIME OCCUPATION WITH THE OBJECT OF IMPROVING THE CONDITITONS OF LIFE FOR THE PERSONS FOR WHOM SUCH FACILITIES ARE PRIMARILY INTENDED.
Financial health, per its FY2025 accounts
The accounts state that the charity ended the year with a small surplus of £297, resulting in total funds of £9,869. However, the balance sheet reveals a significant net current liability position of £291,304, largely driven by accruals and deferred grants, which exceeds the total unrestricted funds of -£532. The trustees maintain a reserves policy target of three to six months of running costs, but the current unrestricted position is negative.
What the accounts disclose
“It is the intention to ensure sufficient funds are available to cover future commitments to build a general reserve of three to six months running costs.” — page 5
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Investing charity funds policy and procedures
- Paying staff
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Corporate structure
- Registered company of the charity Companies House 01468314
Company officers (Companies House)
- LEONARD, Ann Marie not on trustee list
- BURGESS, Ellen on trustee list
Trustees
- ELLEN BURGESSchair
- Ann-Marie Leonard
- HELEN MARGARET STOOLE
- Sian Elizabeth Owens
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £44k | £44k |
| 31/03/2024 | £45k | £45k |
| 31/03/2023 | £47k | £41k |
| 31/03/2022 | £38k | £39k |
| 31/03/2021 | £41k | £32k |
Common questions
Is CORBY COMMUNITY ARTS ASSOCIATION LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity ended the year with a small surplus of £297, resulting in total funds of £9,869. However, the balance sheet reveals a significant net current liability position of £291,304, largely driven by accruals and deferred grants, which exceeds the total unrestricted funds of -£532. The trustees maintain a reserves policy target of three to six months of running costs, but the current unrestricted position is negative. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 17/12/2021 | £9k | Raspberry Ripple |
| The National Lottery Community Fund | 08/09/2021 | £5k | Branching Out |
| UK government | 01/07/2020 | £3k | VSCE CMC Fund |
| The National Lottery Community Fund | 03/07/2009 | £10k | Old Village New Times |