Finance Score: -1
Governance Score: 6
Support Score: 9
  • Excess liquidity: -1
  • Strong growth: +2
  • Fundraising costs high: -2
  • Good trustee age range: +3
  • Gender balanced board: +3
  • Grant maker support: +9
Overall GiG Score: 14 ?

ARTCORE LIMITED 

Artcore operates as a cultural hub, fuelling active engagement for diverse artists and communities. We are committed to bringing art to people of all ages, abilities and ethnicities. Our focus is providing contemporary, innovative and quality services in four core areas: Art in -Modern Culture, Health & Well-being, Education & Learning and Community.
Analysis by Giving is Great

Positives:

  • There has been strong growth in spending over the last 5 years
  • There have been no income shortfalls in recent years
  • 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

Financial issues to consider:

  • Liquidity appeared to be in excess of CC guidelines at the latest year end especially considering the historic stability of income
  • Fundraising costs are high relative to funds raised
Established: 12 years

www.artcoreuk.com

info@artcoreuk.com

01332384561

Charity Commission for England and WalesCompanies HouseFacebookInstagramX
UN SDGs
?

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£733£544£190£21£1,061£83818.5913
31/03/22£712£443£269£0£872£69818.91012
31/03/21£615£374£241£0£603£46314.8820
31/03/20*£483£413£70n/an/an/an/an/a40
31/03/19£499£360£139n/an/an/an/an/a35
31/03/18£294£227£68£0£0£0n/a00
31/03/17£170£148£22£0£0£0n/a00
31/03/16£123£122£2£0£0£0n/a00
31/03/15*£100£89£11£0£0£0n/a00
31/03/14£102£81£22£0£0£0n/a00
31/03/13£100£71£29£0£0£0n/a00

Financial Ratios
Fundraising Costs/Relevant Income: 20.5%
Fundraising Costs/Total Spending: 3.9%
Highest pay band: Less than £60,000
Liabilities/Assets: 19%
Liabilities/Income: 34%
Unrestricted Funds/Total Funds: 79%
Reserves/Spending: 18.5 months
Net Current Assets/Spending: 16 months
Quick Ratio: 12.9
Asset Split ?
Listed activities
  • Arts/Culture/Heritage/Science
  • Disability
  • Economic/Community Development/Employment
  • Education/Training
  • General Charitable Purposes
  • Recreation
How it operates
  • Provides advocacy/advice/information
  • Provides buildings/facilities/open space
  • Provides services
Where it operates
  • Derby City, Derbyshire, Leicester City, Leicestershire, Nottingham City, Nottinghamshire,
Who it helps
  • Children/Young People
  • Elderly/Old People
  • Other Charities Or Voluntary Bodies
  • Other Defined Groups
  • People Of A Particular Ethnic Or Racial Origin
  • People With Disabilities
  • The General Public/Mankind
Who works here?
  • 9 employees
  • 13 volunteers

Who's supporting them? ?

Donations from Grant Makers ?

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

Major supporters in last 5 years
DCMS£610,940
National Lottery Community Fund£353,290
BBC Children in Need£100,093
Specific Donations
Amount When
Months
To be used for
BBC Children in Need - Grant to Artcore Limited
£44,813 26/10/2023
The grant will provide two 6-week long visual arts workshop sessions each year to children and young people aged 8 -15 years living in inner city Derby. The intended outcomes are improved confidence, ....more
National Lottery Community Fund - The Art of Healing
£333,321 28/07/2022
The funding will enable the organisation to provide weekly arts and wellbeing workshops to improve the mental health of three groups of beneficiaries in Derby- young people older isolated people and ....more
DCMS - Capital Investment Programme
£250,000 04/03/2022
The Capital Investment Programme is an open access programme to support cultural organisations to adjust buildings and equipment so that they can operate safely post-pandemic and improve access, ....more
National Lottery Community Fund - Creative Minds
£9,972 24/09/2021
The funding will be used to run weekly creative workshops for adults living with mental ill health. The project aims to improve their health and wellbeing.
DCMS - ACE Loneliness Fund
£28,928 18/01/2021
NET, Comic Relief and Children in Need will use this funding to provide: increased support to vulnerable people and hidden groups, thus reducing the burden on public services; reach local grassroots ....more
BBC Children in Need - Grant to Artcore Limited
£51,925 31/07/2020
Covid19 - This grant will fund STEM visual arts sessions and employability support for young people experiencing local deprivation due to Covid-19. Sessions will increase life skills, self-esteem and ....more
DCMS - Coronavirus Community Support Fund
£51,000 25/06/2020
"The fund aims to:1) To reduce closures of essential charities that provide essential services to vulnerable groups during the COVID-19 crisis by ensuring they have the financial resources to ....more
BBC Children in Need - Grant to Artcore Limited
£3,355 17/06/2020
6
COVID19 - This grant will fund 4G enabled tablets, zoom sessions, videos & materials and artist and film costs for isolated BAME children during Covid 19. Sessions will increase confidence and ....more
DCMS - National Portfolio Organisation 2018-2022
£162,944 01/04/2020
We are the national development agency for creativity and culture. We have set out our strategic vision in Lets Create that by 2030 we want England to be a country in which the creativity of each of ....more
DCMS - Celebrating Age Loneliness Projects
£28,928 01/04/2020
We are the national development agency for creativity and culture. We have set out our strategic vision in Lets Create that by 2030 we want England to be a country in which the creativity of each of ....more
DCMS - Artcore CRF
£54,140 01/04/2020
To support Arts and Culture throughout England
DCMS - CRF Rnd 2
£35,000 01/04/2020
To support Arts and Culture throughout England
National Lottery Community Fund - CrEATing Cafe
£9,997 03/10/2019
12
The funding will be used to refurbish a community facility to deliver activities and support for people living with disabilities of all ages. This will enable improved, safe and continued access for ....more
National Lottery Community Fund - Art for the Community
£9,970 21/03/2018
12
A series of craft workshops will be delivered to break down social isolation and support the job prospects of volunteers and participants.
National Lottery Heritage Fund - Grant to Artcore Ltd
£10,000 22/08/2017
My Cup of Tea - Chai and the City
BBC Children in Need - Grant to Artcore Limited
£29,964 10/08/2017
36
The project will provide art based sessions for newly arrived children and young people. The project will build skills, increase confidence and express their feelings.
National Lottery Community Fund - Art Enhancing Life
£311,842 09/08/2017
36
The project will use creative arts to break down barriers and improve the wellbeing of diverse communities. Activities will support people with physical and mental health difficulties who are at risk ....more
Tudor Trust - Grant to Artcore Ltd
£45,000 08/11/2016
36
over three years towards the extension of two core salaries at a community arts project in Normanton, Derby_x000D_
National Lottery Community Fund - Joys of Creation
£10,000 20/07/2016
12
The group will use the funding to deliver art activity sessions aimed at people in care homes who are living with the effects of dementia.
National Lottery Heritage Fund - Grant to Artcore Ltd
£10,000 18/06/2015
Invisible Boundaries
National Lottery Community Fund - Art T Time
£10,000 29/10/2014
12
Not Available
National Lottery Heritage Fund - Grant to Artcore Ltd
£10,000 19/06/2013
The Web of Water - Sharing Heritage
Show more rows

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (8)
Current Trustees appointed
Gender Split

Age Range of Trustees: 40-74
  • DEBORAH GOOD Appointed: 2019, Occupation: Housing Consultant And Non Executive Director
  • HUW DAVIES Appointed: 2018, Occupation: Professor Derby University
  • MANJU SOOD Appointed: 2016, Occupation: Company Director
  • VISHAL TRIVEDI Appointed: 2022, Occupation: Sr Properity Inspector/ Repairs Manager
Legal constitution
  • Charitable company registered in England & Wales on 09/07/2012, number: 1148022
  • Registered at Companies House on 05/04/2012, number: 08021875
Gift Aid
  • NOT 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
11 returns made; AR20: 1 days late, AR15: 32 days late,
Main office

3 CHARNWOOD STREET
DERBY
DE1 2GT

Objectives

TO ADVANCE THE EDUCATION OF THE PUBLIC IN THE SUBJECT OF ART AND VISUAL ART (INCLUDING BUT NOT LIMITED TO PAINTING, SCULPTURE, ARTS AND CRAFTS) IN DERBY, DERBYSHIRE AND BEYOND IN PARTICULAR BUT NOT EXCLUSIVELY BY:A)PROMOTING, DEVELOPING AND RUNNING HIGH-QUALITY ART EVENTS FOR THE BENEFIT OF THE PUBLIC IN DERBY, DERBYSHIRE AND BEYOND.B)PROMOTING ART FOR THE BENEFIT OF THE PUBLIC BY RUNNING WORKSHOPS AND PUBLIC ART COMMISSIONS IN HOSPITALS, SCHOOLS, COLLEGES AND COMMUNITY GROUPS IN COLLABORATION WITH LOCAL, NATIONAL AND INTERNATIONAL ARTISTS. C)LIAISING AND BUILDING PARTNERSHIPS WITH OTHER ORGANISATIONS AND INDIVIDUALS WHO HAVE SIMILAR AIMS AND OBJECTIVES, AND TO GIVE SUPPORT, INFORMATION AND ADVICE AS AND WHEN APPROPRIATE

Data Sources

Charity Commission for England and Wales
360 Giving
CharityBase
Authorised officials of this charity can add information to this page (including a Donate Now button) for no cost

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