Finance Score: 1
Governance Score: 6
Support Score: 7
  • Deficit latest year: -2
  • Fundraising costs low: +3
  • Good trustee age range: +3
  • Gender balanced board: +3
  • Overall weighted support: +7
Overall GiG Score: 14 ?

THE SPRING ARTS AND HERITAGE CENTRE

The Spring Arts and Heritage Centre is a small place where big things happen. Our vibrant and exciting cultural events make Havant, Hampshire and the surrounding region a better place to live. The Spring provides a range of arts and creative events in the organisation's building and across the region. It is also the professional museum for Havant Borough.
Analysis by Giving is Great

Positives:

  • 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 gender

Regulatory & Governance issues to consider:

  • One or more trustees receive benefits from the charity

Financial issues to consider:

  • Income was significantly lower than spending in the latest year

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£554£717£-163£11£276£2594.31689
31/03/22£609£570£39£10£439£4008.41571
31/03/21£600£337£262£6£400£31311.11594
31/03/20£687£706£-19£3£138£480.817113
31/03/19£728£684£44£3£157£11422097
31/03/18£563£585£-22£5£113£601.2200
31/03/17£621£581£40£9£135£651.3160
31/03/16£501£517£-16£8£95£541.2100
31/03/15£495£498£-3n/an/an/an/an/an/a
31/03/14£544£547£-2£88£108£130.3120
31/03/13£505£521£-16£90£128£70.2120
31/03/12£536£546£-10£106£144£30.1140
31/03/11£581£546£35£109£155£-2-0140
31/03/10£663£582£81£107£118£0-0140
31/03/09£537£566£-29£110£19£-15-0.3140
31/03/08£555£527£28£114£48£-7-0.2140
31/03/07*£525£514£12£17£20£-7-0.2140
31/03/06£334£337£-3n/an/an/an/an/an/a
31/03/05£396£405£-10n/an/an/an/an/an/a
31/03/04£279£249£30n/an/an/an/an/an/a

Financial Ratios
Fundraising Costs/Relevant Income: 2%
Fundraising Costs/Total Spending: 1.5%
Highest pay band: Less than £60,000
Liabilities/Assets: 24%
Liabilities/Income: 16%
Unrestricted Funds/Total Funds: 94%
Reserves/Spending: 4.3 months
Net Current Assets/Spending: 3 months
Quick Ratio: 2.7
Asset Split ?
Balance Sheet History
Established: 37 years

www.thespring.co.uk

info@thespring.co.uk

023 9224 7000

Charity Commission for England and WalesCompanies HouseFacebookInstagramX
UN SDGs
?
Listed activities
  • Arts/Culture/Heritage/Science
  • Education/Training
  • Environment/Conservation/Heritage
  • Recreation
GiG Classification
  • Museums, parks, historical sites
How it operates
  • Provides buildings/facilities/open space
  • Provides human resources
  • Provides services
Where it operates
  • Hampshire, West Sussex,
Who it helps
  • Children/Young People
  • Elderly/Old People
  • 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£309,508
National Lottery Heritage Fund£125,906
Garfield Weston Foundation£20,000
Specific Donations
Amount When
Months
To be used for
National Lottery Heritage Fund - Grant to The Spring Arts and Heritage Centre
£125,906 11/08/2022
Havant’s Heritage Reimagined: An Engagement & Legacy Strategy
DCMS - Culture Recovery Fund: Continuity Support
£46,300 22/10/2021
To support cultural organisations who have received funding from the Culture Recovery Fund: Grants programme, in the first or second rounds, and can clearly demonstrate the financial need for further funding in order to be able to operate on a ....more
Garfield Weston Foundation - Main Grants award - COVID19 response
£20,000 12/06/2020
The Spring Arts & Heritage Centre
DCMS - National portfolio organisation 2018 - 2022 2
£122,208 01/04/2020
The wider aim of the scheme is: We are the national development agency for creativity and culture. By 2030 we want England to be a country in which the creativity of each of us is valued and given the chance to flourish and where everyone of us has ....more
DCMS - The Spring Arts & Heritage Centre
£94,000 01/04/2020
To support Arts and Culture throughout England
DCMS - The Spring Arts & Heritage Centre
£47,000 01/04/2020
To support Arts and Culture throughout England
National Lottery Heritage Fund - Grant to The Spring Arts and Heritage Centre
£55,900 19/07/2018
The Making of Kenwood: the story of a pioneering British brand
National Lottery Heritage Fund - Grant to The Spring Arts and Heritage Centre
£57,100 13/02/2018
The history of Havant & Waterlooville FC: 20 years on
Garfield Weston Foundation - Multi-Year Grant (2 Years) award
£20,000 15/09/2017
24
Experiential Curation and Commissioning
National Lottery Heritage Fund - Grant to The Spring Arts and Heritage Centre
£61,100 12/04/2016
Celebrating local history: memories of the creation of Scalextric, one of Britain’s favourite toys
Show more rows

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (8)
Current Trustees appointed
Gender Split
Based on 7/8 persons

Age Range of Trustees: 37-75
  • FRANCESCA MOODY Appointed: 2020, Occupation: Producer
  • MAGGIE MCMURRAY Appointed: 2019, Occupation: Trustee
  • NATHAN CURRY Appointed: 2016, Occupation: Theatre Director
  • PETER HAMMOND Appointed: 2013, Occupation: Retired
  • RACHEL BOWNS Appointed: 2023, Occupation: Hr Manager
  • RICHARD MCMILLAN Appointed: 2018, Occupation: Retired
  • SAM GARNER-GIBBONS Appointed: 2016, Occupation: Technical Theatre Manager
  • SARAH SHEPHARD Appointed: 2020, Occupation: Director
Legal constitution
  • Charitable company registered in England & Wales on 09/09/1987, number: 297353
  • Registered at Companies House on 12/01/1987, number: 02088483
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
  • Investing charity funds policy and procedures
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Serious incident reporting policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
  • Volunteer management
Filing Record
20 returns made; AR07: 29 days late,
Main office

The Spring Arts & Heritage Centre
Old Town Hall
56 East Street
HAVANT
Hampshire
PO9 1BS

Objectives

THE OBJECTS OF THE CHARITY ARE FOR THE BENEFIT OF THE PUBLIC THE ADVANCEMENT OF KNOWLEDGE AND UNDERSTANDING OF ARTS, HERITAGE AND CULTURE AMONG THE INHABITANTS OF GREAT BRITAIN AND IN PARTICULAR AMONG THE INHABITANTS OF THE BOROUGH OF HAVANT AND THE SURROUNDING LOCALITY.

Defined Area of Benefit:

BOROUGH OF HAVANT AND THE SURROUNDING LOCALITY

Data Sources

Charity Commission for England and Wales
360 Giving

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