OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator. This document is also available as Markdown.

2025-03-31-accounts

Axis Web

Charity number 1002841

A company limited by guarantee number 02595018

Annual Report and Financial Statements

for the year ended 31 March 2025

Axis Web

Annual Report and Financial Statements for the year ended 31 March 2025

Contents Page
Trustees' report 2 to 9
Examiner's report 10
Statement of financial activities 11
Balance sheet 12
Notes to the accounts 13 to 16

Prepared by West Yorkshire Community Accountancy Service CIO

1

Axis Web

Trustees' report for the year ended 31 March 2025

Reference and administrative details of the charity, its trustees and advisors

The trustees during the financial year and up to and including the date the report was approved were: Name Position Fiona Grady Co-Chair Juan Carlos Candanedo Saez Co-Chair Lisa Stansbie Rupert Wilcox-Baker Sue Williams Holly Slingsby Pamela Newall Laura Nelson Radhika Patel Diana Ali Edwin Colyer Charity number 1002841 Registered in England and Wales Company number 02595018 Registered in England and Wales Registered and principal address Bankers The Art House National Westminster Bank Plc Drury Lane 8 Park Row Wakefield Leeds WF1 2TE LS1 2TW

Independent examiner

Simon Bostrom FCIE

West Yorkshire Community Accountancy Service CIO

Stringer House 34 Lupton Street Leeds LS10 2QW

Structure, governance and management

The charity is a company limited by guarantee and was formed on 25 March 1991. It is governed by a memorandum and articles of association as amended by special resolutions dated 17 April 2003, 25 December 2004, 30 November 2006, 20 December 2019 and 8 April 2021. The liability of the members in the event of the company being wound up is limited to a sum not exceeding £1.

Method of recruitment and appointment of trustees

The trustees of the charity are also the directors for the purposes of company law and are appointed by the members at the AGM.

2

Axis Web

Trustees' report (continued) for the year ended 31 March 2025

Objectives and activities

The charity's objects

Our Charity's purposes, as set out in the objects contained in the company's memorandum of association, are to:

Our Vision and Mission

We believe art creates positive changes in society. Art connects, inspires conversations and builds understanding.

Our vision is of a society where art is part of everyday life, accessible to all, inspiring creativity, empathy and innovation.

Our mission is to champion and support contemporary visual arts in the UK and broaden public engagement with the arts. By providing artists with resources, opportunities, and platforms to showcase their work, we make contemporary art more accessible and engaging for all, fostering a vibrant and inclusive arts.

Public benefit statement

In setting our objectives and planning our activities our Trustees have given serious consideration to the Charity Commission’s general guidance on public benefit.

Achievements and performance

Our Cause and Strategy

At Axis we believe art creates positive change in society. It connects people, sparks conversations, and builds understanding. Our mission is to champion and support contemporary visual arts in the UK while broadening public engagement with artists and their work.

Our 2025–28 Strategy sets out how we will do this. We are strengthening our core programmes, growing our community, amplifying artists’ voices, and ensuring long-term sustainability.

A Year in Summary

2024–25 was a year of growth and ambition. We supported artists at every stage of their careers and expanded our membership to almost 11,000. We supported Fellows and bursary recipients, delivered programmes on learning and wellbeing, commissioned writing, made films, activated vacant buildings in cities across the UK, launched a new website, and strengthened our governance.

At a time when artists face increasing economic and social pressures, Axis put artists first.

Supporting Artists’ Practice

Axis Fellowship 2024

The Axis Fellowship is our flagship programme of direct support. Fellows receive £4,000, one-to-one mentoring, and visibility through our platforms. What makes it distinctive is the peer group model: Fellows support each other, lead sessions, and share knowledge across two phases of the programme.

3

Axis Web

Trustees' report (continued) for the year ended 31 March 2025

Achievements and performance continued

In 2024 the Fellows were:

Selectors were Diana Ali (trustee), Harriet Bowman (2023 Fellow), Sunshine Wong, and Zoë Sawyer (Bloc Sheffield). Including a previous Fellow on the panel underlined the ethos of giving back and keeping the programme artist-led.

The previous Fellowship cohort reflected on their experience. Charlotte Cullen said:

“The fellowship has really supported me this year. It has allowed me to slow down and develop new ways of working purposefully.”

Bursaries

Alongside the Fellowship we awarded 16 bursaries of £500. These bursaries are flexible, direct awards that help artists at key points. They enable research, training, materials, and new projects.

Recipients used their bursaries for things like training in bookbinding, purchasing materials, and Michelle continued exploring exclusion and human rights.

By keeping the process light and flexible, bursaries show our commitment to putting artists first, recognising that sometimes the smallest grant can have the biggest impact.

Graduate Programme

Our Graduate Programme continued to support emerging artists at the crucial transition from study to professional practice. In 2024 we ran a summer school for graduates, combining talks, mentoring, and crit sessions. Contributors included KP Culver, The Uncultured, Umbrella, Uma Breakdown, and Harlan Whittingham, who shared practical insights and critical perspectives.

The programme culminated in PRAXIS: The Axis Graduate Programme Exhibition at Cardiff Umbrella in January 2025, presenting the work of eleven graduates: Carys Tupper, Zainab Sheikh, Annabelle Keyes, Tom Hardwick, Zoe Dackham, Heidi Lucca-Redcliffe, Nancy-Violet Downs, Elizabeth Walker, Ewan Coombs, Prajvi Mandhani, and Cheye Williams McFarland.

By combining structured learning with opportunities to show work, the Graduate Programme gave new artists confidence, networks, and visibility at a pivotal stage.

Back to School with Axis

Back to School with Axis is our annual learning season. We commission artists and producers to share practical skills and critical perspectives. In October 2024 more than 800 people registered.

All sessions were recorded and added to our Knowledge Base, meaning the learning remains available to members long after the live events.

4

Axis Web

Trustees' report (continued) for the year ended 31 March 2025

Achievements and performance continued

Mental Health for Artists

Our Mental Health for Artists season returned for its fourth year in early 2025. This programme puts care and wellbeing at the centre, tackling issues that often go unspoken. Nearly 1,000 people registered.

The season deliberately ran in January to counter “new year, new you” pressures. One participant described it as:

“The perfect antidote to a system that often forgets artists are human.”

Strengthening Membership and Community

Membership approached 11,000 active artists, with retention above 90 percent. We introduced loyalty pricing, rewarding existing members by ensuring they never pay the full new price while their subscription remains active.

We also launched the Membership Charter, setting out rights, responsibilities, and values. It makes clear that Axis is more than a service: it is a collective built on respect, care, and shared purpose.

Our online members community space grew. Members now see it as a trusted place to share practice, ask questions, and connect.

We hosted more than 40 member meet-ups, attended by over 500 members, alongside the first member peer-led groups. Members valued the supportive environment.

One members said:

“It’s refreshing to see a group of artists who have never met before come together in a supportive and nurturing way.”

We delivered more than 50 Critical Friend Conversations, one-to-one mentoring sessions with artists as mentors including Harriet Bowman, Hanna Tuulikki, Antonio Roberts, Zinzi Minott, Lydia Catterall, and members of the Axis team. These sessions provided artists with encouragement and practical advice at key moments.

Artists’ Voices

Axis is committed to commissioning and amplifying artists’ voices. In 2024–25 we funded 33 writing commissions, all paid opportunities for artists and writers.

“The arts sector is a place where only the most privileged can exist, and with all the love in the world, those that can’t afford to be there are pushed to the margins, or out altogether.”

Lauren McLaughlin

5

Axis Web

Trustees' report (continued) for the year ended 31 March 2025

Achievements and performance continued

“When I think about resilience my mum comes to mind; a person with so much heart and unwavering willpower... I know the parts of me that are resilient come from her, no doubt about it.”

Larry Achiampong

Showcasing Artists Practice

Costume / Performance / Identity

In summer 2024 we curated a season dedicated to costume, performance, and identity. Four artists explored how dress and performance intersect with politics, ritual, and self-expression:

Recordings were made available for members. The season showcased the depth of contemporary practice and Axis’s growing curatorial voice.

Curated Features

Our curated features brought together artists’ voices around themes that matter. Each feature was commissioned and paid, giving artists space to frame their own perspectives.

Together these features underlined Axis’s role as a platform for diverse perspectives and critical ideas.

Spaces for Artists

Vacant Space remained a defining strand of our work. We turn empty buildings into creative hubs where artists can make, show, and share. At a time when access to space is scarce, this work is essential.

In Cardiff we supported artists in Wilcox House (50,000 sq ft) and at the Capitol Centre, home to tactileBOSCH, SHIFT, and Cardiff Umbrella. These groups staged open days, performances, and a sound and performance festival. We also made a film with the Cardiff artists, documenting their experience of collective creativity.

6

Axis Web

Trustees' report (continued) for the year ended 31 March 2025

Achievements and performance continued

Beyond Cardiff, we ran spaces in Sunderland, Guildford, Bournemouth, Pontefract, and Hastings. In Pontefract, the space was visited by the now Home Secretary, Yvette Cooper, demonstrating the civic value and recognition of this work.

One artist summed up the experience:

“The space became home to a thriving community. Together, we achieved so much in such a short time.”

Vacant Space is more than a building scheme. It shows what happens when artists are trusted with space: communities grow, creativity flourishes, and empty buildings come alive.

Digital Foundations

In April 2024 we launched a new website. It was designed with one clear aim: to put artists first.

Profiles are richer, search and navigation are easier, and audiences can discover artists more intuitively.

We also expanded the Knowledge Base. As well as new guides, we added recordings from all Back to School and Mental Health for Artists sessions. Together this makes dozens of resources freely available to members, forming a living library of knowledge.

The website is now the foundation for our future: a place to profile artists, showcase work, host resources, and connect with audiences.

Governance and Policy

In December 2024 we moved to a Co-Chair model, appointing Fiona Grady and JC Candanedo. In their words:

“It felt important to work together to combine the breadth of our artistic experiences and perspectives as cochairs.”

This change reflects our values of inclusivity, collaboration, and representation.

We also began developing two important policies:

Both policies are part of our commitment to ensure Axis leads with care, responsibility, and integrity.

Looking Forward

Axis moves forward with confidence. The past year has shown the strength of our community, the impact of our programmes, and the power of giving artists space and voice. Building on this momentum, we will continue to shape Axis as a place of care, where artists can develop, connect, and be seen.

In the year ahead we want to deepen what works best. Our fellowships and bursaries will keep providing artists with time, resources, and encouragement. Our community will grow in autonomy, with more ways for members to share, lead, and celebrate each other. Our curatorial voice will become stronger, with new ways of presenting work and contextualising practice. Vacant Spaces will continue to prove what is possible when artists are trusted with places to work and create.

We will also take steps to ensure Axis is sustainable for the long term. That means continuing to refine how we welcome new members, strengthening partnerships that share our values, and setting out a clear framework for ethical and environmental responsibility.

Looking forward, our ambition is to keep artists at the centre. To make sure they have the tools, support, and visibility they need to thrive. To create a culture where their voices shape our future, and where Axis remains a platform that is generous, critical, and open.

7

Axis Web

Trustees' report (continued) for the year ended 31 March 2025

Financial review

The net expenditure for the year was £21,384, all relating to unrestricted funds.

Reserves policy

The Trustees have established a General Reserves Policy to:

The charity's free reserves, excluding fixed assets, at the year end were £206,436.

8

Axis Web

Trustees' report (continued) for the year ended 31 March 2025

Statement of trustees' responsibilities

The trustees (who are also the directors for the purposes of company law) are responsible for preparing the Trustees report and the financial statements in accordance with the applicable law and UK Accounting Standards.

Company law requires the trustees to prepare financial accounts for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for the year. In preparing these financial statements, the trustees are required to:

select suitable accounting policies and apply them consistently;

observe the methods and principles in the Charities SORP;

make judgements and estimates that are reasonable and prudent;

state whether applicable UK accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;

prepare the accounts on a going concern basis unless it is inappropriate to presume that the charitable company will continue in operation.

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

This report has been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities (Charities SORP (FRS102)), and in accordance with the special provisions of the Companies Act 2006 relating to small companies.

Approved by the board of trustees on 11/12/2025

Fiona Grady (Trustee)

9

Axis Web

Independent examiner's report to the trustees of Axis Web

I report to the charity trustees on my examination of the accounts of the charitable company for the year ended 31 March 2025, which are set out on pages 11 to 16.

Responsibilities and basis of report

As the charity's trustees of the charitable company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the charitable company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

Since the charitable company's gross income exceeded £250,000 your examiner must be a fellow of a body listed in section 145 of the 2011 Act.

I confirm that I am qualified to undertake the examination because I am a fellow of ACIE which is one of the listed bodies.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Simon Bostrom FCIE

16/12/2025

West Yorkshire Community Accountancy Service CIO

Stringer House 34 Lupton Street Leeds LS10 2QW

10

Axis Web

Statement of Financial Activities

(including summary income and expenditure account) for the year ended 31 March 2025

Notes
Income from:
Grants and donations
(2)
Members subscriptions
Digital programme income
Income from group undertakings
Bank interest
Total income
Expenditure on:
Salaries NI and pensions
(3)
Artists-led spaces
Membership delivery costs
Artists-led activity
Platform and engagement
General admin expenses
Charity insurance
Travel and subsistence
Book keeping
Bank / fincance charges
Governance costs
Legal and professional
Independent examination
Depreciation
Staff development
Bad debts
Total expenditure
Net income / (expenditure)
Fund balances brought forward
Fund balances carried forward
2025
Total
funds
£
89,828
246,610
7,231
599
4,924
349,192
166,256
63,314
41,070
39,368
33,960
136
1,720
-
1,248
13,699
2,394
(574)
1,050
355
5,580
1,000
370,576
(21,384)
227,821
206,437
2024
Total
funds
£
119,696
217,396
17,740
1,669
5,449
361,950
140,439
39,016
35,723
30,939
110,707
451
1,625
838
1,295
12,020
2,744
7,133
1,050
655
424
-
385,059
(23,109)
250,930
227,821

All incoming resources and resources expended derive from continuing activities.

11

Axis Web

Balance sheet

as at 31 March 2025

as at 31 March 2025
Fixed assets
Tangible assets
(4)
Investments
(5)
Total fixed assets
Current assets
Debtors and prepayments
(6)
Cash at bank
Total current assets
Current liabilities:
amounts falling due within one year
Creditors and accruals
(7)
Total current liabilities
Net current assets / (liabilities)
Net assets
Funds
Unrestricted funds
Restricted funds
Total funds
2025
Total
£
-
1
1
999
335,807
336,806
130,370
130,370
206,436
206,437
206,437
-
206,437
2024
Total
£
355
1
356
2,927
380,175
383,102
155,637
155,637
227,465
227,821
227,821
-
227,821

For the year ending 31 March 2025 the charitable company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the charitable company to obtain an audit of its accounts for the year in question in accordance with section 476. The trustees (who are also the directors for the purposes of company law) acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime and with FRS 102 (effective January 2019).

The financial statements were approved by the board of trustees on 11/12/2025

Fiona Grady (Trustee)

12

Axis Web

Notes to the accounts

for the year ended 31 March 2025

1 Accounting policies

Basis of accounting

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) and with the Charities Act 2011.

The charity constitutes a public benefit entity as defined by FRS 102. There has been no change to the accounting policies since last year.

No changes have been made to the accounts for previous years.

Going concern

The trustees are satisfied that there are no material uncertainties about the charity's ability to continue.

Incoming resources

All incoming resources are included in the Statement of Financial Activities (SOFA) when the charity becomes entitled to the resources, if it is more likely than not that the trustees will receive the resources and the monetary value can be measured with sufficient reliability.

Grants and donations

Grants and donations are only included in the SOFA when the charity has unconditional entitlement to the resources.

Where grants are related to performance and specific deliverables, they are accounted for as the charity earns the right to consideration by its performance.

Donated assets, facilities or services are valued at their estimated value to the charity. This is the price that the charity estimates it would pay in the open market for equivalent items; or services and facilities of equivalent utility to the charity.

Investments

Investments are stated at market value at the balance sheet date. The SOFA includes the net gains and losses arising on revaluations and disposals throughout the year.

Expenditure and liabilities

Expenditure is recognised on an accrual basis as a liability is incurred. Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out the resources and the amount of the obligation can be measured with reasonable certainty.

Taxation

As a charity the organisation benefits from rates relief and is generally exempt from income tax and capital gains tax but not from VAT. Irrecoverable VAT is included in the cost of those items to which it relates.

13

Axis Web

Notes to the accounts

for the year ended 31 March 2025

1 Accounting policies continued

Tangible fixed assets

Tangible fixed assets costing more than £500 are capitalised and included at cost including any incidental expenses of acquisition. Gifted assets are shown at the value to the charity on receipt. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost on a straight line basis over their expected useful economic lives as follows: Fixtures, fittings and equipment: over 3 years

Pensions

The charity operates a defined contribution scheme for the benefit of its employees. The costs of contributions are recognised in the year they are payable.

Fund accounting

Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.

Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal.

Further explanation of the nature and purpose of each fund is included in the notes to the accounts.

14

Axis Web

Notes to the accounts continued

for the year ended 31 March 2025

2 Grants and donations
Donations in relation to space for artists
Other donations
3 Staff costs and numbers
Gross salaries
Social security costs
Employment allowance
Working from home allowances
Pensions
2025
Unrestricted
funds
£
89,423
405
89,828
2025
Restricted
funds
£
-
-
-
2025
Total
funds
£
89,423
405
89,828
2025
£
143,766
11,995
(5,000)
1,451
14,044
166,256
2024
Total
funds
£
119,696
-
119,696
2024
£
121,416
10,479
(5,000)
1,373
12,171
140,439

The average number of employees during the year was 6.3, being an average of 5.1 full time equivalent (2024: 5, 4.4 FTE). There were no employees with emoluments above £60,000.

**4 ** Defined contribution pension scheme
Costs of the scheme to the charity for the year
Amount of any contributions outstanding at the year end
Amount of any contributions prepaid at the year end
Tangible assets
Cost
£
£
£
At 1 April 2024
-
-
-
Additions
-
-
-
At 31 March 2025
-
-
-
Depreciation
At 1 April 2024
-
-
-
Charge for year
-
-
-
At 31 March 2025
-
-
-
Net book value
At 31 March 2025
-
-
-
At 31 March 2024
-
-
-
Class 4
Class 3
Motor
vehicles
2025
£
14,044
1,522
-
£
45,550
-
45,550
45,195
355
45,550
-
355
Fixtures,
fittings &
i
t
2024
£
12,171
1,406
-
Total
£
45,550
-
45,550
45,195
355
45,550
-
355

15

Axis Web

Notes to the accounts continued

for the year ended 31 March 2025

5 Fixed assets investments - subsidiary undertakings
Balance b/f
Additions / (Disposals)
Total
6 Debtors and prepayments
Amounts owed by subsidiary company
Accrued income
Other debtors
7 Creditors and accruals
Creditors
Accruals
Deferred income (see note below for analysis)
Taxation and social security
Other creditors
2025
Total
£
1
-
1
2025
£
899
-
100
999
2025
£
4,632
15,750
94,256
13,820
1,912
130,370
2024
Total
£
1
-
1
2024
£
1,827
1,000
100
2,927
2024
£
11,998
48,085
84,458
9,293
1,803
155,637

8 Related party transactions

Trustee expenses

During the year 4 trustees were paid a total of £794 in respect of travel (previous year: £nil).

Trustee remuneration and benefits

Details of remuneration and benefits
Holly Slingsby
Allowance for trustee board meeting attendance
Fiona Grady
Allowance for trustee board meeting attendance
Name of trustee
or related party
Relationship to
charity
Description of transaction
2025
£
800
800
1,600
2024
£
600
800
1,400

Remuneration and benefits received by key management personnel

The total employee benefits received by key management personnel were £41,667 (previous year: £46,004).

9 Other related party transactions

At the balance sheet date the Charity was owed £899 (2024: £1,827) by Axis Web Development Limited (a wholly owned subsidiary company) which is included within debtors. Admin recharges to the subsidiary during the year were £nil (2024: £300).

16