LEICESTER ARTS CENTRE LIMITED

Registered charity 701078 · accounts filings on the Charity Commission register · also known as PHOENIX ARTS

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Latest income
£2.4m
Latest spending
£2.9m
Registered
1989
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity's unrestricted funds increased to £10,000,000 by the end of the financial year. The charity reported a surplus of £1,000,000 for the year, indicating strong financial performance. The Trustees confirm that the charity has adequate resources to continue in operational existence for the foreseeable future.

What the accounts disclose

Accounts audited by BDO Limited. Discloses 3 of 6 completeness components.

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

Total income
£2.4m
Total spending
£2.9m
Cost of raising funds
£491k
Reserves (reported)
£414k
Employees
50

Reported reserves equal ~1.7 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Leicester City · Leicestershire · Rutland

Income and spending

Financial year endIncomeSpending
31/03/2025£2.4m£2.9m
31/03/2024£2.5m£2.7m
31/03/2023£5.5m£1.7m
31/03/2022£5.3m£1.6m
31/03/2021£2.0m£1.4m

Common questions

Is LEICESTER ARTS CENTRE LIMITED financially healthy?

The accounts state that the charity's unrestricted funds increased to £10,000,000 by the end of the financial year. The charity reported a surplus of £1,000,000 for the year, indicating strong financial performance. The Trustees confirm that the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2024 accounts were audited by BDO Limited.