THE APOLLO FOUNDATION
To promote and further the advancement of education in the fine arts in Ireland (including Northern Ireland).
Latest income
£493k
Latest spending
£774k
Registered
1984
Accounts read
FY2023
Financial health, per its FY2023 accounts
The accounts state that the charity holds adequate reserves to match income receipts with operating expenditure, with unrestricted reserves of £1,057,937 carried forward. The trustees confirm that procedures are in place to manage material risks and that the charity has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
Related-party transaction: Edward Nicholas William Brown was a Consultant to BDB Pitmans during the period covered by these accounts. During the year the charity was invoiced £69,643 for administration fees
“Edward Nicholas William Brown was a Consultant to BDB Pitmans during the period covered by these accounts. During the year the charity was invoiced £69,643 for administration fees (2022: £83,053) which is all charitable expenditure (support costs). At the year end BDB Pitmans were owed £15,139 (2022: £22,740). Alexander Cobbe was a Trustee during the period covered by these accounts and the owner of Alec Cobbe Design, who provided services of £71,711 in the year (2022: £26,280), £25,571 (£Nil) relating to works done on the Vernet Room and £46,140 (£Nil) relating to works done on Heritage assets. No funds were owed to Alec Cobbe Design at the year end.” — page 20
“Alexander Cobbe was a Trustee during the period covered by these accounts and the owner of Alec Cobbe Design, who provided services of £71,711 in the year (2022: £26,280), £25,571 (£Nil) relating to works done on the Vernet Room and £46,140 (£Nil) relating to works done on Heritage assets. No funds were owed to Alec Cobbe Design at the year end.” — page 20
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Alexander Cobbe (Trustee) / Alec Cobbe Design provided services of £71,711
“Edward Nicholas William Brown was a Consultant to BDB Pitmans during the period covered by these accounts. During the year the charity was invoiced £69,643 for administration fees (2022: £83,053) which is all charitable expenditure (support costs). At the year end BDB Pitmans were owed £15,139 (2022: £22,740). Alexander Cobbe was a Trustee during the period covered by these accounts and the owner of Alec Cobbe Design, who provided services of £71,711 in the year (2022: £26,280), £25,571 (£Nil) relating to works done on the Vernet Room and £46,140 (£Nil) relating to works done on Heritage assets. No funds were owed to Alec Cobbe Design at the year end.” — page 20
“Alexander Cobbe was a Trustee during the period covered by these accounts and the owner of Alec Cobbe Design, who provided services of £71,711 in the year (2022: £26,280), £25,571 (£Nil) relating to works done on the Vernet Room and £46,140 (£Nil) relating to works done on Heritage assets. No funds were owed to Alec Cobbe Design at the year end.” — page 20
Per its FY2023 accounts as filed with the Charity Commission.
Trading subsidiary: Terra Eire Limited
“The financial statements contain information about the Trust as an individual charity and do not consolidate the subsidiary undertaking, Terra Eire Limited (a company limited by shares). The charity and its subsidiary undertaking comprise a small-sized group.” — page 13
Per its FY2023 accounts as filed with the Charity Commission.
Corporate structure
- Trading subsidiary: TERRA EIRE LIMITED Companies House 11601602
TERRA EIRE LIMITED — per its own Companies House accounts
- No intra-group transactions or balances disclosed; company is dormant.
Trustees
- Christopher Moore
- HAMISH FROST
- Judith Carol Woodworth
- The Countess of Erne Harriet Elizabeth Crichton
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £493k | £774k |
| 14/11/2023 | £496k | £492k |
| 14/11/2022 | £490k | £359k |
| 14/11/2021 | £487k | £542k |
| 14/11/2020 | £410k | £496k |
Common questions
Is THE APOLLO FOUNDATION financially healthy?
Per its FY2023 accounts: The accounts state that the charity holds adequate reserves to match income receipts with operating expenditure, with unrestricted reserves of £1,057,937 carried forward. The trustees confirm that procedures are in place to manage material risks and that the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2023 accounts were audited by Price Bailey LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| JOHN LYON'S CHARITY | 1 | £60k |
| DOVEDALE | 1 | £46k |
| THE FREELANDS FOUNDATION LIMITED | 1 | £35k |
| JOHN JAMES BRISTOL FOUNDATION | 1 | £30k |
| THE GOLSONCOTT FOUNDATION | 1 | £29k |
| THE ROBERT GAVRON CHARITABLE TRUST | 1 | £25k |
| THE CHILDHOOD TRUST | 1 | £23k |
| THE NEVILLE ABRAHAM FOUNDATION | 1 | £15k |
Charities like this
- THE HENRY MOORE FOUNDATION
- THE FOUNDATION FOR EDUCATION, ARTS AND CULTURE
- CONTAINS ART CIO
- THE ANDREW LLOYD WEBBER FOUNDATION
- APOLLO MUSIC PROJECTS
- IRISH YOUTH FOUNDATION (UK) LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE APOLLO FOUNDATION | £493k | — | 0 | unclear | — | no doubt |
| THE HENRY MOORE FOUNDATION | £8.0m | £150,001 - £160,000 | — | below | — | no doubt |
| THE FOUNDATION FOR EDUCATION, ARTS AND CULTURE | £133k | — | 0 | above | — | no doubt |
| CONTAINS ART CIO | £330k | Under £60,000 | 0 | above | — | no doubt |
| THE ANDREW LLOYD WEBBER FOUNDATION | £869k | — | 0 | unclear | — | no doubt |
| APOLLO MUSIC PROJECTS | £305k | — | — | unclear | — | no doubt |