## **ARTscapades**
**(Charitable Incorporated Organisation)**
**Trustees’ Report and Accounts for the year ended 31**
**December 2025**
1
## **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|
2
## **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:
- 1) providing a public programme of educational events including lectures, study sessions, and visits to places of historic, artistic and cultural interest, museums and galleries;
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:
3
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_|
4
|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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……………………………………
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Maria Bell-Salter (Chair)
5
## **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:
- examine the financial statements under section 145 of the 2011 Act;
- follow the procedures laid down in the general directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
- state whether particular matters have come to my attention.
## **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.
6
## **Independent examiner’s statement**
In connection with my examination, no matter has come to my attention:
- (1) which gives me reasonable cause to believe that in any material respect the requirements:
- to keep accounting records in accordance with section 130 of the 2011 Act; and
- to prepare financial statements which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been met; or
(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
7
## **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**||
9
## **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.
11