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2025-12-31-accounts

ARTscapades

(Charitable Incorporated Organisation)

Trustees’ Report and Accounts for the year ended 31

December 2025

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TABLE OF CONTENTS

Trustees’ Report 3
Objectives and Activities 3
Achievements and Performance 3
Financial Review 4
Structure, Governance and Management 4
Grant Making Policy 4
Financial Statements 6
Independent Examiner’s Report 6
Income and Expenditure 8
Balance Sheet 9
Statement of Accounting Policies 10
Notes to the Financial Statements 11

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Trustees’ Report for the year ended 31 December 2025

Trustees: (appointed 29 October 2021)

Maria Bell-Salter (Chair)

Catherine Corbet Milward Helen Statham

Charity number : 1196335

Charity’s principal address : Glebe House, Longdon Heath, Upton on Severn, Worcestershire, WR8 0QZ

Bank : Barclays Bank PLC

Honorary Treasurer : Tim Curle

Independent Examiner : Robin Stevens FCA

Objectives and Activities

The objects of ARTscapades are to promote the advancement of education in the arts by:

2) making grants to museums, galleries and organisations which promote the public education, appreciation and enjoyment of the arts, in particular, but not restricted to, the visual arts.

The Trustees have had regard to the Charity Commission’s guidance on public benefit in planning all ARTscapades’ activities, and in setting a grant-making policy.

Achievements and Performance

ARTscapades began arranging events in late 2019, prior to its registration as a Charitable Incorporated Organisation (‘CIO’) on 29 October 2021.

In the year under review, it has created and run programmes of public events, comprising 38 (year ended 31 December 2024: 40) events in all. During 2025 all events were hosted online. The events consist of lectures and longer study-sessions, with a total of 5,361 (year ended 31 December 2024:

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6,033) tickets sold, and an average audience of 141 (year ended 31 December 2024: 151) for each event. Ticket sales have raised funds enabling the Trustees to make grants to museums, galleries and other organisations in the period.

Financial Review

The Accounts are set out in the attached financial statements, which cover the year to 31 December 2025 with comparative numbers for the year to 31 December 2024.

The proceeds from ticket sales for events in the year amounted to £72,950 (year ended 31 December 2024: £73,170). After all costs, a surplus of £49,290 (year ended 31 December 2024: £48,816) was achieved. The Trustees made grants in the period totalling £76,623, in line with ARTscapades’ charitable objectives and its grant-making policy.

Structure, Governance and Management

ARTscapades is a CIO governed by its Constitution dated 29 October 2021, the date of its registration. The CIO is managed by three Trustees who can, under the terms of the Constitution, appoint additional Trustees. All Trustees give their time voluntarily and receive no benefit from ARTscapades.

The CIO is run with the assistance of the Honorary Treasurer, a volunteer Administrator, and a volunteer committee which provides advice to the Trustees on the arts sector, and helps to organise and run fund-raising events.

Grant Making Policy

ARTscapades has a grant-making policy which was submitted to the Charity Commission as part of the application to register as a CIO, and which is reviewed annually. Potential recipients are invited to apply for grants; ARTscapades does not solicit applications. The current funding priority is to enhance education in the visual arts by supporting the work of selected museums, galleries and other artrelated organisations.

In the year to 31 December 2025, the Charity made grants totalling £76,623 (year ended 31 December 2024: £63,500) as follows:

January 2025 Tate Gallery £15,000 To support the exhibition_Emily Kam_
Kngwarray
March 2025 Royal Academy of £10,000 Funding of the audio guide for_Kerry James_
Art Marshall: The Histories
May 2025 Compton Verney £7,500 To support the exhibition publication for
House The Shelter of Stories, Ways of Telling, Ways
of Dwelling

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July 2025 Society of £6,300 Funding for an environmentally controlled
Antiquaries display case for a copy of Magna Carta
August 2025 Wallace Collection £10,000 To support the catalogue for the exhibition
Caravaggio’s Cupid
August 2025 Sir John Soanes £10,000 Sponsorship of Soane Medal / Learning
Museum sessions
October 2025 St Edmundsbury £2,823 Funding to provide the alarm for a case to
Cathedral enable the Bury Psalter to be placed on
public display in the Cathedral Treasury
November 2025 Gainsborough £5,000 To support the exhibition_Love & Landscape:_
House Stanley Spencer in Suffolk
November 2025 Turners House £5,000 Support of an exhibition exploring the
Trust legacy of the Turner Bequest
December 2025 Museum of London £5,000 To support the exhibition_By Appointment_
Only Exclusion, Belonging and Identity in the
Modern Romani Experience

Subsequent to the year end, the following further grants, totalling £20,000, have been made:

January 2026 Garden Museum £5,000 To support the exhibition_Seeds of_
Exchange: Canton and London in the 1770’s
February 2026 National Gallery £15,000 To support a free public interpretation
programme for the exhibition_Zurbarán_

Approved by the Trustees on 24 April 2026 and signed on their behalf:

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Maria Bell-Salter (Chair)

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ARTscapades

(Charitable Incorporated Organisation)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

Independent Examiner’s Report to the Trustees of ARTscapades

For the year ended 31[st] December, 2025

I report on the financial statements of ARTscapades (the "Charity”) for the year ended 31[st] December, 2025, which are set out on pages 8 to 11.

Respective responsibilities of trustees and the independent examiner

The Charity’s Trustees are responsible for the preparation of the financial statements. The Charity’s Trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

It is my responsibility to:

Basis of the independent examiner’s report

My examination was carried out in accordance with the general directions given by the Charity Commission. An examination includes a review of the accounting records kept by the Charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeking explanations from you as Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the financial statements present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.

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Independent examiner’s statement

In connection with my examination, no matter has come to my attention:

(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the financial statements to be reached.

Name: Robin Stevens FCA

Address: Tapycers, High Street, Newport, Essex CB11 3PQ

Date: 24 April 2026

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FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

INCOME AND EXPENDITURE

£
Ticket Sales
Post-Event Sales
Donation
Total Income
Lecturer Fees
Ticket Sales Costs
Card Processing Fees
Total Direct Costs
Gross Surplus
Accountancy Costs
Insurance
Website Costs
Zoom Hosting Costs
Total Administrative Costs
Surplus for the Year		 YEAR ENDED
31 DECEMBER 2025
YEAR ENDED
31 DECEMBER 2024
66,160
67,260
6,790
5,910
40
25
72,990
73,195
17,216
17,486
1,106
1,345
2,449
2,742
20,771
21,573
52,219
51,622
247
238
273
237
1,200
1,207
1,209
1,124
2,929
2,806
49,290
48,816		 YEAR ENDED
31 DECEMBER 2025
YEAR ENDED
31 DECEMBER 2024
66,160
67,260
6,790
5,910
40
25
72,990
73,195
17,216
17,486
1,106
1,345
2,449
2,742
20,771
21,573
52,219
51,622
247
238
273
237
1,200
1,207
1,209
1,124
2,929
2,806
49,290
48,816		 YEAR ENDED
31 DECEMBER 2025
YEAR ENDED
31 DECEMBER 2024
66,160
67,260
6,790
5,910
40
25
72,990
73,195
17,216
17,486
1,106
1,345
2,449
2,742
20,771
21,573
52,219
51,622
247
238
273
237
1,200
1,207
1,209
1,124
2,929
2,806
49,290
48,816
66,160
6,790
40
72,990
17,486
1,345
2,742
17,216
1,106
2,449
20,771
52,219
238
237
1,207
1,124
51,622
2,806
247
273
1,200
1,209
2,929
49,290
48,816

8

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

BALANCE SHEET

£
Cash at Bank
Debtors
Prepayments
Total Current Assets
Income in Advance
Accruals
Total Current Liabilities
Net Assets
Surplus, current period
Surplus, brought forward
Grants awarded
Total Surplus carried forward		 31 DECEMBER 2025
31 DECEMBER 2024
55,447
80,032
75
-
957
2,062
56,479
82,094
1,328
-
2,319
1,929
3,647
1,929
52,832
80,165
49,290
48,816
80,165
94,849
(76,623)
(63,500)
52,832
80,165		 31 DECEMBER 2025
31 DECEMBER 2024
55,447
80,032
75
-
957
2,062
56,479
82,094
1,328
-
2,319
1,929
3,647
1,929
52,832
80,165
49,290
48,816
80,165
94,849
(76,623)
(63,500)
52,832
80,165		 31 DECEMBER 2025
31 DECEMBER 2024
55,447
80,032
75
-
957
2,062
56,479
82,094
1,328
-
2,319
1,929
3,647
1,929
52,832
80,165
49,290
48,816
80,165
94,849
(76,623)
(63,500)
52,832
80,165
55,447
75
957
56,479
-
1,929
1,328
2,319
3,647
52,832
48,816
94,849
(63,500)
80,165
80,165
49,290
80,165
(76,623)
52,832

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FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

Statement of Accounting Policies

For the year ended 31[st] December, 2025

The principal accounting policies have been applied consistently in dealing with items which are considered material in relation to the financial statements of ARTscapades (“the Charity”).

Basis of preparation

The financial statements are unaudited and have been prepared in accordance with the Statement of Recommended Practice ‘Accounting and Reporting by Charities’ (update bulletin 1 applying FRS 102) and the Charities Act 2011. They have been prepared under the historical cost convention.

Going concern

The Trustees of the Charity believe that the Charity has adequate resources to continue in operational existence for at least 12 months from the date on which the report and accounts are approved and the Charity continues to use the going concern basis of accounting in preparing the annual financial statements.

Fund accounting

All funds held by the Charity are unrestricted.

Incoming resources

All income is recognised once the Charity has entitlement to the funds, it is probable that the income will be received, and the amount of income can be measured reliably.

Expenditure

Expenditure is recognised when a liability is incurred, when there is a legal or constructive obligation committing the Charity to the expenditure and the obligation can be measured reliably.

10

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

Notes to the Financial Statements

1. Subsequent Events

Subsequent to 31 December 2025 the Charity has made grants totalling £20,000 in accordance with its Grant Making Policy.

2. Related Party Transactions

Certain administrative expenses of the Charity are met by the Trustees or the Honorary Treasurer who are then reimbursed by the Charity against properly presented expense claims. During the year to 31 December 2025 such amounts, either paid or accrued in the financial statements, were:

Maria Bell-Salter £1,209
Catherine Corbet Milward £ 656
Helen Statham £1,200
Tim Curle £ 247

Other than the above, there were no financial transactions between the Charity and its Trustees, Honorary Treasurer or volunteers.

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