CONTEMPORARY ARTS TRUST
REPORT & FINANCIAL STATEMENTS
For the year ended 31 MARCH 2025
Registered charity No 1168806
CONTEMPORARY ARTS TRUST
34 Shaftesbury Way, Strawberry Hill, London, TW2 5RP
Registered charity No 1168806
TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2025
The Trustees present their report and accounts for the year ended 31 March 2025.
The Accounts have been prepared in accordance with the accounting
policies set out in Note 1 to the accounts and comply with the Trust's governing
document, the Charities (Accounts and Reports) Regulations 2008 and the
Charities Act 2011.
Structure, governance and management
The Trust was established as a charitable incorporated organisation by
it's foundation constitution dated 17th August, 2016.
The trustees who served in the period were:
Malcolm Taylor(Chairman)
Jessica Franses(Vice-Chairman)
Phoebe Unwin(Trustee)
Trustees are selected and appointed by the Trustee Board.
There are no related parties that require disclosure during the period.
The Trustees have assessed the major risks to which the trust is exposed,
and are satisfied that the systems are in place to mitigate exposure to major risks.
Objectives and activities
The Trust's objectives are to promote, maintain, improve and advance education in
the Arts generally, for the benefit of the public and in particular, to achieve
these ends by:
a)the encouragement of sculpture, painting, drawing, design, lithography, print
making, graphics, poetry, literature, film, photography and music
and;
b) the advancement of skill and craftsmanship therein
The Trust furthers it's charitable purposes principally through the making of awards to
appropriate individuals or organisations.
The trustees have paid due regard to guidance issued by the Charities Commission
in deciding what activities the trust should undertake.
Achievements and performance
During the year, the Trust has continued to market the charity with a view to increasing
the number and level of donations. This work continues.
The Trust has worked to identify exhibitions where emerging artists were presenting
their work and, where suitable candidates were identified, awards were duly made with
the aim of encouraging those artists to continue with their endeavours.
The Trustees did not award any Prizes this year.
Further suitable exhibitions have been identified and we hope to make further awards
during the coming year.
Financial Review
The results for the period and details of awards made (if any) are shown in the annexed
accounts which are prepared on a receipts and payments basis.
Cash reserves at the year end amounted to £39,428 (2024 £39,876) - all related to
unrestricted funds. It is the policy of the Trustees that the unrestricted funds be
carried forward to fund a programme of awards whilst the fund-raising activities of the
Trust continue to gather pace.
For the board of Trustees:
M Taylor
Date: 08-01-2026
CONTEMPORARY ARTS TRUST
Statement of financial activitiesIncluding Income and expenditure AccountYEAR ENDED 31 MARCH 2025NotesIncomeIncoming resources from generated funds2Incoming resources from charitable activities3Total Incoming resourcesResources expendedCharitable activities5Overheads4Governance costsTotal resources expensesNet income for the yearNet movements in fundsB/F Fund balances as at 1 April (2023 and 2024)Fund balances as at 31 March (2024 and 2025)6 |
20252024££----6922469224--517517517517--517517448-293-39,87640,16939,42839,876 |
|---|---|
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CONTEMPORARY ARTS TRUST
Statement of assets and liabilities
As at 31 March 2025
2025 2024
£ £
Fixed Assets - -
Current Assets
Total cash at bank and in hand 39,428 39,875
Total Net assets less current liabilities 39,428 39,875
Income Funds
Unrestricted Funds 39,428 39,875
The accounts were approved by the Trustees
For the board of Trustees:
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M Taylor
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Date: 08-01-2026
CONTEMPORARY ARTS TRUST
NOTES TO THE ACCOUNTS
AS AT 31 MARCH 2025
1 Accounting Policies - basis of preparation
The Accounts have been prepared under the historical cost convention
using the receipts and payments method. The accounts have been prepared in accordance
with applicable accounting standards, The Charities (Accounts and Reports)
Regulations 2008 and The Charities Act 2011.
0
2 Investment IncomeInterest receivable3 Income resources from charitable activitiesFund raising eventsGift aid recoveriesSubscriptions and Donations4 Total resources expended charitable activitieGovernance and marketing costs5 Grants payablesAwards and prizesOther grantsGrants and bursaries paid |
2025£---6969s517---- |
2024£---224224517---- |
|---|---|---|
6 Trustees
None of the Trustees(or any persons connected with them) received
any remuneration or expense reimbursement
7 Employees
There were no employees during the year
8[The Trustees confirm in accordance with the Charitable Incorporated ]
Organisations (General) Regulations 2012 that at the year end the charity did
not have any outstanding guarantees to third parties nor any debts secured on
assets of the charity.