esea contemporary ltd
Centre for Chinese Contemporary Art aims to advance the education of the public in contemporary Chinese arts and culture. Our work covers four main areas; exhibitions, education, agency work and advocacy which includes training, conferences and publications.
Financial health, per its FY2025 accounts
The accounts state that the charity ended the year with a £4,111 surplus on unrestricted funds and total reserves of £608,727. Per the trustees' report, unrestricted reserves of £71,711 are considered adequate against a policy target of three months' running costs, despite the organization relying on core public funding for 78% of its income. The trustees report a medium risk rating from Arts Council England and express confidence in the organization's stability and growth.
What the accounts disclose
“One employee had employee benefits in excess of £60,000 (2024: 1). (£60,000-£70,000): 1” — page 21
“One employee had employee benefits in excess of £60,000” — page 21
“aiming to maintain an unrestricted reserve sufficient to cover approximately three months’ running costs”
Structured financials (annual return, FY ending 31/03/2021)
Trustees
- Peter Yen-Ju Linchair
- Bonnie Sue Yin Yeung
- Chi Yan Stephanie Ho Poon
- Maria Chen
- Ngan Ying Krivinskas
- Pieternella Cornelia van den Houten
- Pio Abad
- Skinder Hundal
- Wenkai Xu
- Ying Hua Simon Li
- Yung Yuen Ma
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £422k | £466k |
| 31/03/2024 | £425k | £417k |
| 31/03/2023 | £342k | £493k |
| 31/03/2022 | £405k | £357k |
| 31/03/2021 | £569k | £457k |
Common questions
Is esea contemporary ltd financially healthy?
Per its FY2025 accounts: The accounts state that the charity ended the year with a £4,111 surplus on unrestricted funds and total reserves of £608,727. Per the trustees' report, unrestricted reserves of £71,711 are considered adequate against a policy target of three months' running costs, despite the organization relying on core public funding for 78% of its income. The trustees report a medium risk rating from Arts Council England and express confidence in the organization's stability and growth. Its FY2025 accounts were audited by JT Accountants Limited.
What does the highest-paid employee of esea contemporary ltd earn?
Per its FY2025 accounts, the highest-paid employee was in the £60,001 - £70,000 band, and 1 employees earned over £60,000.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| UK government | 08/12/2021 | £293k | National Portfolio Organisations |
| The National Lottery Heritage Fund | 29/06/2020 | £18k | "COVID19 Centre for Chinese Contemporary Art" |
| The National Lottery Community Fund | 18/02/2019 | £50k | The Dumpling Club |
| The National Lottery Heritage Fund | 22/06/2016 | £37k | "Centre for Chinese Contemporary Art Archive and Library Redevelopment project" |
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 FOYLE FOUNDATION | 1 | £100k |
| JOHN JAMES BRISTOL FOUNDATION | 1 | £30k |
| THE HAROLD HYAM WINGATE FOUNDATION | 1 | £12k |
| MIDDLESBROUGH VOLUNTARY DEVELOPMENT AGENCY | 1 | £500 |
Charities like this
- NEW CONTEMPORARIES (1988) LIMITED
- SPIKE ISLAND ARTSPACE LIMITED
- CHINESE COMMUNITY CENTRE
- OUTSET - CONTEMPORARY ART FUND
- LONDON CONTEMPORARY DANCE (THE PLACE) LIMITED
- ART ASIA TRUST LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| esea contemporary ltd | £422k | £60,001 - £70,000 | 1 | unclear | — | no doubt |
| NEW CONTEMPORARIES (1988) LIMITED | £366k | — | 0 | unclear | — | no doubt |
| SPIKE ISLAND ARTSPACE LIMITED | £1.5m | — | 0 | unclear | — | no doubt |
| CHINESE COMMUNITY CENTRE | £258k | — | 0 | within | — | no doubt |
| OUTSET - CONTEMPORARY ART FUND | £490k | — | — | below | — | no doubt |
| LONDON CONTEMPORARY DANCE (THE PLACE) LIMITED | £10.8m | £100,001 - £110,000 | — | above | — | no doubt |