THE WATERSHED ARTS TRUST LIMITED
Registered charity 284188 · accounts filings on the Charity Commission register · also known as WATERSHED MEDIA CENTRE
Watershed exists to provide opportunities for all to experience enjoy and learn about contemporary moving image media. Watershed is a media centre for the digital age offering a culturally diverse programme of work encompassing artists' commissions, residencies, on-line exhibition, touring programmes, festivals, events and a diverse programme of world cinema.
Causes: Education/training · Arts/culture/heritage/science · website · Get email alerts
Financial health, per its FY2025 accounts
The accounts state that the group reported a net deficit of £191,647 for the year ended 31 March 2025, a significant improvement from the £798,224 deficit in the prior year. Per the trustees' report, unrestricted reserves stood at £898,554, which is below the stated policy target of £1.26 million (three months of Group operating costs). The auditors confirmed that the financial statements were prepared on a going concern basis with no material uncertainties identified.
Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.
What the accounts disclose
Reserves policy: three months of Group operating costs (held: £899k)
“Our general reserves target is 3 months of Group operating costs, which amounts to £1.26m in 2025.” — page 8
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Income received from The Royal Shakespeare Company, where a trustee is also a trustee.
“During the year £18,000 (2024: £2,985) was received from The Royal Shakespeare Company. A trustee of the charity is a trustee of The Royal Shakespeare Company.” — page 49
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Watershed Trading Limited
“The company owns 100% of the issued share capital of Watershed Trading Limited (company registration number: 01621620), a company incorporated in England and Wales. The principal activities of this company are the operation of the café/bar, and conference facilities at Watershed.” — page 37
Per its FY2025 accounts as filed with the Charity Commission.
Accounts audited by A C Mole LLP. Discloses 4 of 6 completeness components.
Public fundraising profile: JustGiving — Watershed Arts Trust Ltd (matched by registered charity number).
Property (HM Land Registry)
2 registered titles in England and Wales held by the charity’s company or corporate body (0 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.
Public profiles (found on the charity’s own website): facebook · instagram
Structured financials (annual return, FY ending 31/03/2025)
Cost of raising funds
£1.7m
Reported reserves equal ~1.4 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).
Per its annual return, largest income source: Charitable activities (56% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.
Per its annual return, cost of raising funds: 23.3% of total income — in the top quarter for charities its size (median 5.2%) (benchmarks).
- Stephen Gatfieldchair
- Bashir Ahmed Noor
- Charlotte Anne Lester
- Dr Daniella Jenkins
- Kate Daisy Arthurs
- Louise Marie Ndibwirende
- Louise-Marie Davies
- Sherrie Eugene-Hart
- Sidharth Sharma
Trustee list from the Charity Commission register (current, not historical).
Operates in: Bristol City · Gloucestershire · Somerset
Income and spending
Common questions
Is THE WATERSHED ARTS TRUST LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the group reported a net deficit of £191,647 for the year ended 31 March 2025, a significant improvement from the £798,224 deficit in the prior year. Per the trustees' report, unrestricted reserves stood at £898,554, which is below the stated policy target of £1.26 million (three months of Group operating costs). The auditors confirmed that the financial statements were prepared on a going concern basis with no material uncertainties identified. Its FY2025 accounts were audited by A C Mole LLP.
Who funds THE WATERSHED ARTS TRUST LIMITED?
Funders whose own accounts filings name THE WATERSHED ARTS TRUST LIMITED as a grant recipient include THE FOYLE FOUNDATION, JOSEPH ROWNTREE FOUNDATION, THE NISBET TRUST.
Known funders
Grants to this charity found in funders’ own accounts filings.
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 THE HOUNSLOW ARTS TRUST LTD.
Side by side with its peers
Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.