CHATS PALACE LIMITED
Provision of performance and participatory arts activities for individuals, families and community groups in the London Borough of Hackney and the wider East End of London. Operation of arts centre and community hub.
Objects
(A) TO PROMOTE THE BENEFIT OF INHABITANTS OF PARTICULAR NEIGHBOURHOODS AND AREAS IN THE UNITED KINGDOM WITHOUT DISTINCTION OF POLITICAL, RELIGIOUS OR OTHER OPINIONS. (B) TO ADVANCE EDUCATION ENCOURAGE THE ARTS AND TO PROVIDE FACILITIES IN THE INTERESTS OF SOCIAL WELFARE WITH THE OBJECT OF IMPROVING CONDITIONS OF LIFE FOR THE SAID INHABITANTS. (C) THE ESTABLISHING AND MANAGEMENT OF COMMUNITY CENTRES, ARTS CENTRES, WORKSHOPS, GROUPS FOR EDUCATIONAL PLAY. (D) TO PROMOTE, MAINTAIN, IMPROVE AND ADVANCE EDUCATION PARTICULARLY BY THE PRODUCTION AND PROMOTION OF EDUCATIONAL PERFORMANCE AND EXHIBITIONS AND ENCOURAGEMENT OF THE ARTS
Financial health, per its FY2025 accounts
The accounts state that the charity ended the year with unrestricted reserves in a deficit of £28,817, having incurred a net expenditure of £35,880. The trustees acknowledge the deficit but consider the going concern basis appropriate, citing subsequent trustee loans and a new action plan to strengthen the financial position.
What the accounts disclose
“Due to challenges of the current economic climate, the Charity has been unable to meet this policy.”
“A significant proportion of the charity's income is derived from grants. Consequently, the applicability of the going concern basis is contingent upon the continued support of the charity's supporters.”
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Paying staff
- Risk management
- 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
Trustees
- CALVIN NG
- GARY BRIDGEWOOD
- Hendrik Wittkopf
- IAN RATHBONE
- Jacquetta May
- Jacquetta Susan May
- ROBIN NORTON-HALE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £178k | £214k |
| 31/03/2024 | £131k | £180k |
| 31/03/2023 | £165k | £232k |
| 31/03/2022 | £172k | £224k |
| 31/03/2021 | £354k | £175k |
Common questions
Is CHATS PALACE LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity ended the year with unrestricted reserves in a deficit of £28,817, having incurred a net expenditure of £35,880. The trustees acknowledge the deficit but consider the going concern basis appropriate, citing subsequent trustee loans and a new action plan to strengthen the financial position. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Hackney Council | 04/01/2025 | £22k | Grant to Chats Palace Limited |
| London Borough of Hackney | 04/01/2025 | £22k | Grant to Chats Palace Limited |
| The Mercers' Company | 15/05/2024 | £53k | Grant to Chats Palace Arts Centre |
| London Borough of Hackney | 01/04/2024 | £39k | Grant to Chats Palace Limited |
| Hackney Council | 01/04/2024 | £39k | Grant to Chats Palace Limited |
| City Bridge Foundation | 18/01/2024 | £100k | Grant to Chats Palace Ltd |
| The National Lottery Community Fund | 03/03/2023 | £4k | An Alternative Royal Coronation Neighbourhood Party |
| Hackney Council | 21/03/2022 | £35k | Grant to Chats Palace Limited |
| London Borough of Hackney | 21/03/2022 | £35k | Grant to Chats Palace Limited |
| London Borough of Hackney | 10/12/2020 | £35k | Grant to Chats Palace Limited |
| Hackney Council | 10/12/2020 | £35k | Grant to Chats Palace Limited |
| London Borough of Hackney | 09/12/2020 | £35k | Grant to Chats Palace Limited |
| Hackney Council | 09/12/2020 | £35k | Grant to Chats Palace Limited |
| Hackney Council | 26/05/2020 | £3k | Grant to Chats Palace Limited |
| London Borough of Hackney | 26/05/2020 | £3k | Grant to Chats Palace Limited |
| The National Lottery Community Fund | 02/07/2018 | £7k | The Palace Club |
| The National Lottery Community Fund | 08/03/2017 | £5k | Key Words Hackney |
| The National Lottery Community Fund | 11/06/2014 | £10k | Dreams Come True (DCT) |
| The National Lottery Community Fund | 23/09/2010 | £10k | Playdates at Chats; a family play and learning programme |
| The National Lottery Community Fund | 15/03/2007 | £9k | Chats Community Arts Programme (CCAP) |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| The Portal Trust | 3 | £139k |
| THE THEATRES TRUST CHARITABLE FUND | 3 | £30k |
| THE CHILDHOOD TRUST | 2 | £22k |
| THE JOHN THAW FOUNDATION | 2 | £5k |
| MOONDANCE FOUNDATION | 1 | £270k |
| The Caring Family Foundation | 1 | £260k |
| THE EMMANUEL KAYE FOUNDATION | 1 | £152k |
| THE FIDELITY UK FOUNDATION | 1 | £150k |
Charities like this
- PALACE FOR ALL LIMITED
- THE CHELSEA CENTRE LTD
- HACKNEY EMPIRE LIMITED
- CREATE SPACE LONDON
- THE HOUNSLOW ARTS TRUST LTD
- PEOPLE'S PALACE PROJECTS
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| CHATS PALACE LIMITED | £178k | — | 0 | below | — | noted |
| PALACE FOR ALL LIMITED | £160k | — | 0 | unclear | — | no doubt |
| THE CHELSEA CENTRE LTD | £644k | — | 0 | below | — | no doubt |
| HACKNEY EMPIRE LIMITED | £3.4m | — | — | above | — | no doubt |
| CREATE SPACE LONDON | £132k | — | 0 | unclear | — | no doubt |
| THE HOUNSLOW ARTS TRUST LTD | £824k | — | — | below | — | no doubt |