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home >> charity search >> spike island artspace limited
Finance Score: 3
Governance Score: 5
Support Score: 6
  • Liabilities <10%: +3
  • Excess reserves: -2
  • Reasonable growth: +1
  • Multiple Deficits: -2
  • Fundraising costs low: +3
  • Good trustee age range: +3
  • Dynamic board: +3
  • Mainly female board: -1
  • Overall weighted support: +6
Overall GiG Score: 14 ?

SPIKE ISLAND ARTSPACE LIMITED

The primary objects for which the Association is established is to advance the arts for the public benefit through the promotion of Contemporary Art and the education of the public in the understanding and appreciation of Contemporary Art.
Analysis by Giving is Great

Positives:

  • This charity has a robust balance sheet
  • There has been reasonable growth in spending over the last 3 years relative to the previous period
  • Fundraising costs are unusually low relative to funds raised
  • A significant proportion of recent income was derived from major grant makers including the Government
  • The Board appears to be well diversified in terms of age and dynamic in terms of composition

Regulatory & Governance issues to consider:

  • The Board is predominantly female
  • Over half the Board have joined recently

Financial issues to consider:

  • This charity has substantial assets and unrestricted reserves of £3,810,771 available, equivalent to 24 months of spending and so may not be able to utilise additional funding
  • On several occasions in recent years income has been less than spending

Financial Data ?

Income & Spending ?
Sources of Income ?
Y/E Income
£k		 Spending
£k		 Surplus/
Deficit £k		 Fundraising
Cost £k		 Total
Funds £k		 Unrestricted
Funds £k		 Mths
Rsrvs		 Staff Volun-
teers
31/03/23£1,948£1,873£74£12£3,942£3,81124.4390
31/03/22£1,450£1,382£68£0£3,868£3,84233.3190
31/03/21£1,249£1,250£0£0£3,800£3,71035.6200
31/03/20£1,183£1,373£-189£0£3,800£3,72732.632113
31/03/19£1,077£1,186£-109£28£3,989£3,92839.838136
31/03/18£999£1,038£-39£32£4,098£4,06647220
31/03/17£1,569£1,114£455£19£4,137£4,09444.1210
31/03/16£1,216£1,034£181£20£3,685£3,65342.4210
31/03/15£988£1,097£-108£20£3,504£3,47638250
31/03/14£1,004£1,066£-61£27£3,612£3,55640230
31/03/13£969£1,016£-47£25£3,674£3,63943220
31/03/12£922£934£-13£34£3,721£3,69647.5210
31/03/11£734£744£-11£88£3,734£3,70959.8190
31/03/10£1,064£783£282£74£3,744£3,71957180
31/03/09£863£957£-94£102£3,463£3,43843.1150
31/03/08£788£911£-124£40£3,556£3,53146.580
31/03/07?£2,159£548£1,611£29£3,680£3,6558070
31/03/05£483£470£13n/an/an/an/an/an/a
31/03/04*£368£345£23n/an/an/an/an/an/a
Show more rows -->

Download accounts
Financial Ratios
Fundraising Costs/Relevant Income: 0.6%
Fundraising Costs/Total Spending: 0.6%
Highest pay band: Less than £60,000
Liabilities/Assets: 6%
Liabilities/Income: 14%
Unrestricted Funds/Total Funds: 97%
Reserves/Spending: 24.4 months
Net Current Assets/Spending: 4 months
Quick Ratio: 2.2
Asset Split ?
Balance Sheet History
Established: 33 years

www.spikeisland.org.uk

admin@spikeisland.org.uk

01179292266

Charity Commission for England and WalesCompanies HouseFacebookInstagramX
UN SDGs
?
Listed activities
  • Arts/Culture/Heritage/Science
  • Education/Training
  • General Charitable Purposes
GiG Classification
  • Performing and visual arts
How it operates
  • Provides advocacy/advice/information
  • Provides buildings/facilities/open space
  • Provides human resources
Where it operates
  • Bath And North East Somerset, Bristol City, North Somerset, South Gloucestershire,
Who it helps
  • Children/Young People
  • Elderly/Old People
  • Other Defined Groups
  • People With Disabilities
  • The General Public/Mankind

Who supports them? ?

Donations from Grant Makers ?

We have details on the following donations. Multi-year donations are allocated to the years for which they are earmarked.

Major supporters in last 5 years
DCMS£250,464
Garfield Weston Foundation£30,000
The Foyle Foundation£30,000
Specific Donations
Amount When
Months		 To be used for
Garfield Weston Foundation - Main Grants award
£30,000 11/09/2020
Spike Island Roof Project
DCMS - Spike Island recovery
£189,306 01/04/2020
To support Arts and Culture throughout England
DCMS - Spike Island: Sustainable Recovery 2021-22
£61,158 01/04/2020
To support Arts and Culture throughout England
The Foyle Foundation - Arts
£30,000 04/02/2020
towards match funding for the urgent repairs of the four felt roofs above the south east wing of the building
Esmee Fairbairn - Grant to Spike Island
£15,000 23/10/2008
24
Towards Project costs Towards the core costs of this arts organisation providing exhibition space and artist development in Bristol.

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (12)
Current Trustees appointed
Gender Split

Age Range of Trustees: 22-72
  • CATHERINE LOUISE FRANKPITT Appointed: 2020, Occupation: Director
  • HARRIET BOWMAN Appointed: 2023, Occupation: Associate Lecturer (Ba Fine Art) And Artist
  • JANE VERONICA SILLIS Appointed: 2023, Occupation: Director
  • LENACHA CATHERINE LEMA Appointed: 2023, Occupation: Visual Artist
  • LOUISE O'DONNELL Appointed: 2019, Occupation: Chief Executive Officer
  • LUCY ANNE BAILEY Appointed: 2022, Occupation: Lawyer
  • PAULA GAIL NEWPORT Appointed: 2018, Occupation: Director Of People And Culture
  • PIERS LEWIS HENRY TINCKNELL Appointed: 2023, Occupation: Digital Agency Owner
  • PROFESSOR JUDITH ANN SQUIRES (Chair) Appointed: 2022, Occupation: Deputy Vice-Chancellor And Provost
  • PROFESSOR WILLIAM MORTIMER GETHING Appointed: 2022, Occupation: Professor
  • ROSA STEPHANIE VIOLA CORBISHLEY Appointed: 2023, Occupation: Development Director
  • TAMSIN MEI HONG Appointed: 2023, Occupation: Curator
Legal constitution
  • Charitable company registered in England & Wales on 19/07/1991, number: 1003505
  • Registered at Companies House on 27/06/1991, number: 02624621
Gift Aid
  • Registered with HMRC for Gift Aid
Policies in force
  • Bullying and harassment policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • Conflicting interests
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Serious incident reporting policy and procedures
  • Social media policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
  • Volunteer management
Filing Record
19 returns made; AR04: 1 days late,
Main office

SPIKE ISLAND
133 CUMBERLAND ROAD
BRISTOL
BS1 6UX

Objectives

TO ADVANCE THE ARTS FOR THE PUBLIC BENEFIT THROUGH THE PROMOTION OF CONTEMPORARY ART AND THE EDUCATION OF THE PUBLIC IN THE UNDERSTANDING AND APPRECIATION OF CONTEMPORARY ART.

Defined Area of Benefit:

NOT DEFINED

Data Sources

Charity Commission for England and Wales
360 Giving

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