IKON GALLERY LIMITED

Registered charity 528892 · accounts filings on the Charity Commission register

Organise and present exhibitions of contemporary art and artists' projects in the gallery and off-site.Organise and present a range of education activities and projects for the public in the galleries and off site in conjunction with other partners.Operate a bookshop focusing on arts publications and cafe for visitors to the gallery.Produce a range of publications for sale to the public.

Causes: Education/training · Arts/culture/heritage/science · website · Get email alerts

Latest income
£1.9m
Latest spending
£2.1m
Registered
1967
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the group reported a net deficit of £154,844 for the year ended 31 March 2025, resulting in total net assets of £4,378,999. Per the trustees' report, unrestricted reserves stood at £1,402,200, with free reserves of £266,775, which the trustees consider adequate to meet potential liabilities. The trustees confirmed that the group is well placed to continue operating, citing secured multi-period funding and cash balances.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: three months' running costs and sufficient to cover maximum potential liabilities of winding up, budgeted at £327,000 (held: £1.4m)
“The Trustees consider that, ideally, unrestricted reserves should equate to approximately three months' running costs and be sufficient to cover the maximum potential liabilities that could arise in the event of winding up the company, budgeted at £327,000.” — page 20
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Subsidiary company Oozells Trading Limited, which operates the café, covenants profits to the charity. At year-end, the charity owed £7,211 to the subsidiary.
“At 31 March 2025 the charity owed £7,211 to its (2024: was owed £7,702 by its) subsidiary Oozells Trading Limited. The movement represents net cash movements in the year.” — page 53
“Arts Council England, using public funding by from the National Lottery, provides funding to support core operating costs.” — page 23
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Arts Council England provides core public funding.
“At 31 March 2025 the charity owed £7,211 to its (2024: was owed £7,702 by its) subsidiary Oozells Trading Limited. The movement represents net cash movements in the year.” — page 53
“Arts Council England, using public funding by from the National Lottery, provides funding to support core operating costs.” — page 23
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Oozells Trading Limited
“The charity’s wholly owned subsidiary, Oozells Trading Limited, was established to operate the commercial activities of the charity.” — page 23
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Cooper Parry Group Limited. Discloses 5 of 6 completeness components.

Corporate structure

OOZELLS TRADING LIMITED — per its own Companies House accounts
  • Turnover: £12k
  • Profit before tax: £10k
  • Donated/gift-aided to the charity: £2k
  • Intra-group balance: Parent owed subsidiary £7,211 (2024: subsidiary owed parent £7,702).
“Relief on gift aided profits to parent charity (within 9 months of the year-end) (1,600)”

Leadership, per the charity’s website

Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.

Funders the charity credits

Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

Official officers record.

Property (HM Land Registry)

2 registered titles in England and Wales held by the charity’s company or corporate body (0 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Public profiles (found on the charity’s own website): facebook · instagram

Structured financials (annual return, FY ending 31/03/2025)

Total income
£1.9m
Total spending
£2.1m
Cost of raising funds
£267k
Reserves (reported)
£267k
Employees
25

Reported reserves equal ~1.5 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (79% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 14.0% of total income — above the median for charities its size (5.2%) (benchmarks).

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout England

Income and spending

Financial year endIncomeSpending
31/03/2025£1.9m£2.1m
31/03/2024£1.8m£1.8m
31/03/2023£2.1m£2.3m
31/03/2022£1.8m£2.0m
31/03/2021£1.7m£1.3m

Common questions

Is IKON GALLERY LIMITED financially healthy?

Per its FY2025 accounts: The accounts state that the group reported a net deficit of £154,844 for the year ended 31 March 2025, resulting in total net assets of £4,378,999. Per the trustees' report, unrestricted reserves stood at £1,402,200, with free reserves of £266,775, which the trustees consider adequate to meet potential liabilities. The trustees confirmed that the group is well placed to continue operating, citing secured multi-period funding and cash balances. Its FY2025 accounts were audited by Cooper Parry Group Limited.

Who funds IKON GALLERY LIMITED?

Funders whose own accounts filings name IKON GALLERY LIMITED as a grant recipient include THE FREELANDS FOUNDATION LIMITED, THE ROTHSCHILD FOUNDATION, THE GREAT BRITAIN SASAKAWA FOUNDATION, THE HENRY MOORE FOUNDATION, WILLIAM ADLINGTON CADBURY CHARITABLE TRUST.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
THE FREELANDS FOUNDATION LIMITEDFY2024£109kIkon Youth Programme and Slow Boat
THE FREELANDS FOUNDATION LIMITEDFY2022£104kSlow Boat
THE ROTHSCHILD FOUNDATIONFY2025£101k
THE GREAT BRITAIN SASAKAWA FOUNDATIONFY2022£15kResearch trip and exhibition of work by Ainu artist Mayunkiki
THE HENRY MOORE FOUNDATIONFY2025£15k
WILLIAM ADLINGTON CADBURY CHARITABLE TRUSTFY2024£15k
THE HENRY MOORE FOUNDATIONFY2025£15kA major survey exhibition of Donald Locke (1930–2010)
MARIA BJORNSON MEMORIAL FUNDFY2024£5k
THE SAINTBURY TRUSTFY2023£4kThe Advancement of Arts, Culture, Heritage or Science
THE FINNIS SCOTT FOUNDATIONFY2022£4k
THE DAIWA ANGLO-JAPANESE FOUNDATIONFY2023£3kSupport for travel to the UK and contribution to the catalogue accompanying the first major solo exhibition of work by Japanese Ainu artist and musician Mayunki
THE FINNIS SCOTT FOUNDATIONFY2024£2k
MILLS AND REEVE CHARITABLE TRUSTFY2024£2k
MILLS AND REEVE CHARITABLE TRUSTFY2025£1k

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
UK government13/12/2021£1.0mNational Portfolio Organisations
The National Lottery Community Fund16/06/2008£10kBalena

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE SHOWROOM GALLERY LTD..

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
IKON GALLERY LIMITED£1.9m—0unclear—no doubt
THE SHOWROOM GALLERY LTD. FY2025£409k—0above—no doubt
MK GALLERY FY2025£1.8m£85,000 - £90,0001unclear—no doubt
THE PHOTOGRAPHERS' GALLERY LTD FY2025£4.3m——unclear10.7%no doubt
INSTITUTE OF CONTEMPORARY ARTS LIMITED FY2026£4.1m——unclear—material uncertainty
ARNOLFINI GALLERY CIO FY2025£1.6m——unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.