BANKSIDE GALLERY LIMITED
The charity is home to the Royal Watercolour Society and The Royal Society of Painter-Printmakers, promotes selling exhibitions, educational courses and workshopsIt welcomes the need to carry out its activities for the benefit of the public, offering free admission to its exhibitions and working to increase its education work in the local community and beyond.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net income increase of £31,547 for the year ended 31 December 2024, resulting in total charitable funds of £255,213. Per the trustees' report, unrestricted free reserves stood at £175,819, which exceeds the stated policy target of £150,000. The charity relies heavily on commercial trading income from its subsidiary, which contributed £368,809 to total income.
What the accounts disclose
“The Trustees have assessed the likely cost of these eventualities and have set a target of £150,000 over a rolling 3-year period for General Fund reserves for the Company.” — page 7
“Bankside Gallery Limited has one wholly-owned trading subsidiary, Bankside Gallery (Trading) Limited, which carries out ancillary trading activities on its behalf” — page 5
Property (HM Land Registry)
Trustees
- Dr David Dawson Ferry
- Jess Morley
- MYCHAEL GLENN BARRATT
- Mark Jones
- Martin Jacobs
- Peter James Knowland
- Rose Anne Gillian Leman
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £448k | £416k |
| 31/12/2023 | £439k | £424k |
| 31/12/2022 | £423k | £414k |
| 31/12/2021 | £358k | £336k |
| 31/12/2020 | £333k | £316k |
Common questions
Is BANKSIDE GALLERY LIMITED financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net income increase of £31,547 for the year ended 31 December 2024, resulting in total charitable funds of £255,213. Per the trustees' report, unrestricted free reserves stood at £175,819, which exceeds the stated policy target of £150,000. The charity relies heavily on commercial trading income from its subsidiary, which contributed £368,809 to total income. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE YOUTH ENDOWMENT FUND CHARITABLE TRUST | 1 | £416k |
| IMPETUS - THE PRIVATE EQUITY FOUNDATION | 1 | £111k |
| THE HEADLEY TRUST | 1 | £96k |
| JOHN LYON'S CHARITY | 1 | £42k |
| THE HAWORTH CHARITABLE TRUST | 1 | £38k |
| Brian Mercer Trust | 1 | £36k |
| THE VIRGIN MONEY FOUNDATION | 1 | £34k |
| THE PAUL MELLON CENTRE FOR STUDIES IN BRITISH ART | 1 | £7k |
Charities like this
- ROYAL SOCIETY OF PAINTERS IN WATER COLOURS
- ROYAL SOCIETY OF PAINTER-PRINTMAKERS
- THE SHOWROOM GALLERY LTD.
- CWMNI PLAS GLYN'Y-WEDDW LIMITED
- CASTLEFIELD GALLERY
- BALTIC FLOUR MILLS VISUAL ARTS TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| BANKSIDE GALLERY LIMITED | £448k | — | — | unclear | — | no doubt |
| ROYAL SOCIETY OF PAINTERS IN WATER COLOURS | £262k | — | 0 | unclear | 3.6% | no doubt |
| ROYAL SOCIETY OF PAINTER-PRINTMAKERS | £123k | — | 0 | unclear | — | no doubt |
| THE SHOWROOM GALLERY LTD. | £409k | — | 0 | above | — | no doubt |
| CWMNI PLAS GLYN'Y-WEDDW LIMITED | £1.3m | — | 0 | below | — | no doubt |
| CASTLEFIELD GALLERY | £671k | — | 0 | unclear | — | no doubt |