BLACK SWAN ARTS LTD
Exhibitions and promotion of the ArtsEducational Workshops, talks and outreach workPreservation of the property, formerly the Black Swan Inn
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £4,404 for the year ended 31 March 2025, an improvement on the previous year's deficit. Free reserves stood at £5,021, which is below the trustees' stated policy target of approximately £60,265 (three months of operating expenses). The trustees acknowledge material uncertainties regarding the charity's ability to continue as a going concern due to prevalent financial uncertainty.
What the accounts disclose
“The current aim of the Trust is to build up free reserves approximating to 3 months operating expenses (2025: £60,265).”
“The Trustees consider that there are some material uncertainties affecting the ability of the charity to continue as a going concern, see note 25 for further information on how Trustees’ are managing its risks.” — page 16
“The charity has a wholly owned trading subsidiary BSE Frome Ltd which is incorporated in England and Wales.” — page 6
Trustees
- Alexander Paul Webb
- Ian Edward Fooks
- Jack Martin
- Lesley Ann Little
- Roger Arthur Frank Whitewick
- Thomas Charles William McEvoy
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £237k | £241k |
| 31/03/2024 | £177k | £197k |
| 31/03/2023 | £155k | £185k |
| 31/03/2022 | £128k | £141k |
| 31/03/2021 | £114k | £81k |
Common questions
Is BLACK SWAN ARTS LTD financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net deficit of £4,404 for the year ended 31 March 2025, an improvement on the previous year's deficit. Free reserves stood at £5,021, which is below the trustees' stated policy target of approximately £60,265 (three months of operating expenses). The trustees acknowledge material uncertainties regarding the charity's ability to continue as a going concern due to prevalent financial uncertainty. Its FY2025 accounts were independently examined.
Who funds BLACK SWAN ARTS LTD?
Funders whose own accounts filings name BLACK SWAN ARTS LTD as a grant recipient include THE LESLIE SMITH FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE LESLIE SMITH FOUNDATION | FY2025 | £10k |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 02/05/2019 | £6k | "Walking and Listening, exploring Frome's heritage" |