Finance Score: 1

Governance Score: -12

Support Score: 0

Liabilities <10%: +3
Excess reserves: -5
Strong growth: +2
Multiple Deficits: -2
Fundraising costs low: +3

Only 3 Trustees: -2
Narrow trustee age band: -2
Very static board: -5
All male board: -3

No supporters identified

Overall GiG Score: -11

THE AFRICAN ARTS TRUST

The Trust supports a wide range of projects with an emphasis on grass roots organisations that support professional practicing artists trying to make a livelihood in the visual arts. The Trust's grant making is concentrated geographically on Eastern and Southern Africa -including the following countries; Ethiopia, Uganda, Kenya, Tanzania, Zambia, Malawi, Mozambique, Zimbabwe and Botswana.

Analysis by Giving is Great

Positives:

This charity has a robust balance sheet
There has been strong growth in spending over the last 5 years
Fundraising costs are unusually low relative to funds raised

Regulatory & Governance issues to consider:

There are only 3 trustees
The Board is completely male
The Board composition appears to be very static and has little diversity in terms of age

Financial issues to consider:

This charity has substantial assets and unrestricted reserves of £618,084 available, equivalent to 88 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

Established: 13 years

www.theafricanartstrust.org

art@rnfli.com

07768270416

Charity Commission for England and Wales

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E		Income £k	Spending £k	Surplus/ Deficit	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff	Volun- teers
31/03/23		£667	£85	£582	£1	£618	£618	87.7	0	1
31/03/22		£52	£53	£0	n/a	n/a	n/a	n/a	n/a	1
31/03/21		£13	£12	£1	n/a	n/a	n/a	n/a	n/a	0
31/03/20	*	£41	£56	£-15	n/a	n/a	n/a	n/a	n/a	0
31/03/19		£30	£49	£-19	n/a	n/a	n/a	n/a	n/a	0
31/03/18		£77	£34	£43	£0	£0	£0	n/a	0	0
31/03/17		£114	£107	£8	£0	£0	£0	n/a	0	0
31/03/16		£37	£87	£-51	£0	£0	£0	n/a	0	0
31/03/15		£145	£130	£15	£0	£0	£0	n/a	0	0
31/03/14		£110	£85	£24	£0	£0	£0	n/a	0	0
31/03/13		£78	£83	£-4	£0	£0	£0	n/a	0	0
31/03/12		£112	£69	£44	£0	£0	£0	n/a	0	0

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Financial Ratios

Fundraising Costs/Relevant Income: 0.1%
Fundraising Costs/Total Spending: 0.6%
Highest pay band: Less than £60,000
Liabilities/Assets: 0%
Liabilities/Income: 0%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 87.7 months
Net Current Assets/Spending: 88 months
Quick Ratio: 513.3

Asset Split ?

Listed activities

Arts/Culture/Heritage/Science
Education/Training

How it operates

Makes Grants to Individuals
Makes Grants to Organisations
Provides buildings/facilities/open space

Where it operates

Belgium, Botswana, City Of Westminster, Egypt, Kensington And Chelsea, Kenya, Mozambique, Nigeria, Senegal, South Africa, Uganda, Zambia, Zimbabwe,

Who it helps

Other Charities Or Voluntary Bodies
Other Defined Groups

Who works here?

Unknown number of employees
1 volunteer

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (3)

Current Trustees appointed

Gender Split

Age Range of Trustees: 67-73

HAMISH RICHARD JOHN DEWAR Appointed: 2011, Occupation: Painting Conservator

ROBIN GEORGE WOODHEAD Appointed: 2011, Occupation: Chief Executive Sotheby'S Europe, Other trusteeship: David Rattray Foundation,

ROBERT HAROLD FERRERS DEVEREUX (Chair) Appointed: 2011, Occupation: Company Director, Other trusteeship: WORKPLACE FOUNDATION,

Legal constitution

Charitable company registered in England & Wales on 21/04/2011, number: 1141553
Registered at Companies House on 17/01/2011, number: 07495544

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Bullying and harassment policy and procedures
Campaigns and political activity policy and procedures
Complaints policy and procedures
Engaging external speakers at charity events policy and procedures
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
Serious incident reporting policy and procedures
Social media policy and procedures
Trustee conflicts of interest policy and procedures
Trustee expenses policy and procedures

Filing Record

12 returns made; AR20: 313 days late,

Main office

Lower Farm
Up Marden
CHICHESTER
West Sussex
PO18 9LA

Objectives

OBJECT 1 - THE ADVANCEMENT OF AFRICAN ARTS IN ALL THEIR VARIOUS VISUAL FORMS AND MEDIAOBJECT 2 - ADVANCEMENT OF EDUCATION INCLUDING THE APPRECIATION OF AFRICAN ARTSOBJECT 3 - THE PROVISION AND MAINTENANCE OF AN ART GALLERYOBJECT 4 - ANY OTHER LAWFUL PURPOSE UNDER THE CHARITIES ACT 2006 AND ANY AMENDMENT THEREOF

Data Sources