CHATS PALACE LIMITED
Registered charity 283680 · accounts filings on the Charity Commission register
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.
Causes: Arts/culture/heritage/science · website · Get email alerts
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.
Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.
What the accounts disclose
Reserves position: below the charity's own stated reserves policy (held: £-29k; policy: three months of expenditure in unrestricted funds)
“Due to challenges of the current economic climate, the Charity has been unable to meet this policy.”
Per its FY2025 accounts as filed with the Charity Commission.
Going concern: noted by the trustees or auditor
“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.”
Per its FY2025 accounts as filed with the Charity Commission.
Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.
- CALVIN NG
- GARY BRIDGEWOOD
- Hendrik Wittkopf
- IAN RATHBONE · trustee of 1 other charity
- Jacquetta May
- Jacquetta Susan May
- ROBIN NORTON-HALE
Trustee list from the Charity Commission register (current, not historical).
Operates in: Hackney
Income and spending
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
Grants to this charity published as open data by government and lottery funders (360Giving).
Funders of similar charities
Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.
Charities like this
Semantically similar by activities and financial character, from our analysed corpus. Compare with PALACE FOR ALL LIMITED.
Side by side with its peers
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