THE BEECROFT ART TRUST
The promotion of the study of art, music and literature and in particular, but without prejudice to the generality of the foregoing, the provision and maintenance of the Beecroft Art Gallery at Southend-on-Sea in the County of Essex as a public art gallery and library.
Objects
THE PROMOTION OF THE STUDY OF ART, MUSC AND LITERATURE AND IN PARTICULAR BUT WITHOUT PREJUDICE TO THE GENERALITY OF THE FOREGOING THE PROVISION AND MAINTENANCE OF THE BEECROFT ART GALLERY, AT SOUTHEND ON SEA, IN THE COUNTY OF ESSEX AS A PUBLIC ART GALLERY AND LIBRARY
Financial health, per its FY2025 accounts
The accounts state that the charity operates at an annual operating deficit, which is fully funded by Southend City Council. The charity holds unrestricted reserves of £1,287,673 in cash, while total funds including endowment stand at £3,256,018. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“Donations of £133,273 (2024: £131,011) were from Southend City Council as the funding required to make up the operational deficit for the year of £133,273” — page 11
“The trust does not need to hold reserves as any deficit which arises on the operation of the trust, should the trust have no funds to meet it, is funded by Southend on Sea City Council” — page 4
“During the year the trustee (Southend City Council) donated £133,273 (2024: £131,011) to the Trust in respect of the funding required to cover the operational deficit for the year.” — page 13
“Southend City Council collected a further £62,679 (2024: £65,142) on behalf of the Trust in respect of income generated from facilities hire and interest earned on cash balances.”
“During the year the trustee (Southend City Council) donated £133,273 (2024: £131,011) to the Trust in respect of the funding required to cover the operational deficit for the year.” — page 13
“Southend City Council collected a further £62,679 (2024: £65,142) on behalf of the Trust in respect of income generated from facilities hire and interest earned on cash balances.”
“During the year the trustee (Southend City Council) donated £133,273 (2024: £131,011) to the Trust in respect of the funding required to cover the operational deficit for the year.” — page 13
“Southend City Council collected a further £62,679 (2024: £65,142) on behalf of the Trust in respect of income generated from facilities hire and interest earned on cash balances.”
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Structured financials (annual return, FY ending 31/03/2022)
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £197k | £197k |
| 31/03/2024 | £197k | £197k |
| 31/03/2023 | £318k | £193k |
| 31/03/2022 | £981k | £194k |
| 31/03/2021 | £84k | £84k |
Common questions
Is THE BEECROFT ART TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity operates at an annual operating deficit, which is fully funded by Southend City Council. The charity holds unrestricted reserves of £1,287,673 in cash, while total funds including endowment stand at £3,256,018. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were independently examined.