Finance Score: -1

Governance Score: 6

Support Score: 6

Poor Liquidity: -1

Dynamic board: +3
Gender balanced board: +3

Grant maker support: +6

Overall GiG Score: 11

MILL ARTS CENTRE TRUST

Opened in 1990 The Mill is a multi-function arts centre and the only dedicated arts provision in the busy market town of Banbury in Oxfordshire. We have audiences of around 5,000 people per year buying 17,000 individual performances, events, classes and workshops.

Analysis by Giving is Great

Positives:

There have been no material 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 gender and dynamic in terms of composition

Financial issues to consider:

Liquidity appears to have been slender at the latest year end

Established: 8 years

https//www.themillartscentre.co.uk

ANDREW.LISTER@THEMILLARTSCENTRE.CO.UK

01295 227175

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		£726	£721	£5	£71	£23	£23	0.4	20	8
31/03/22		£685	£663	£22	£39	£18	£5	0.1	20	8
31/03/21		£465	£423	£42	n/a	n/a	n/a	n/a	n/a	9
31/03/20		£665	£694	£-29	£66	£-45	£-63	-1.1	28	14
31/03/19		£581	£653	£-73	£63	£-16	£-61	-1.1	28	15
31/03/18		£674	£614	£60	£69	£56	£23	0.4	28	0
31/03/17	*	£665	£668	£-3	£0	£-3	£-16	-0.3	24	0

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Financial Ratios

Fundraising Costs/Relevant Income: 13.2%
Fundraising Costs/Total Spending: 9.8%
Highest pay band: Less than £60,000
Liabilities/Assets: 89%
Liabilities/Income: 26%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 0.4 months
Net Current Assets/Spending: -0 months
Quick Ratio: 0.5

Asset Split ?

Listed activities

Arts/Culture/Heritage/Science
Education/Training
Recreation

How it operates

Provides buildings/facilities/open space
Provides services

Where it operates

Buckinghamshire, Northamptonshire, Oxfordshire, Warwickshire,

Who it helps

Children/Young People
Elderly/Old People
People With Disabilities
The General Public/Mankind

Who works here?

20 employees
8 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	£30,146
Garfield Weston Foundation	£25,000
National Lottery Community Fund	£10,000

Specific Donations

Amount	When Months	To be used for
DCMS - Culture Recovery Fund: Continuity Support
£30,146	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 ....more 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 viable and sustainable basis by 31 March 2022.
National Lottery Community Fund - Early StARTS
£10,000	07/08/2019 12	Early StARTS
Garfield Weston Foundation - Main Grants award
£25,000	29/05/2019	The Mill Arts Centre
Oxfordshire Community Foundation - The Mill Arts Centre
£4,000	20/02/2019 11	The significant majority (68%) of our fixed overhead costs are made up of permanent staff salaries (£244,391) for which we are seeking support. In particular a significant proportion of this time is ....more The significant majority (68%) of our fixed overhead costs are made up of permanent staff salaries (£244,391) for which we are seeking support. In particular a significant proportion of this time is allocated to the development and running of audience engagement projects, as well as identifying new partnerships and groups to work with in order to extend our reach into those sections of the community that might otherwise not be culturally engaged.
National Lottery Community Fund - creative, connected communities in bicester
£10,000	14/06/2018 12	The project will deliver Little Creatives sessions for young children and their parents/carers to explore literature and take part in creative play activities and Creative Crafts sessions for people ....more The project will deliver Little Creatives sessions for young children and their parents/carers to explore literature and take part in creative play activities and Creative Crafts sessions for people aged over 50. An exhibition of the work created by both groups will take place at a local community centre to celebrate the project. The project aims to reduce levels of social isolation, raise aspirations and create a more cohesive local community.
Garfield Weston Foundation - Main Grants award
£25,000	03/11/2017	The Mill Arts Centre
National Lottery Community Fund - The Banbury Community Kitchen: Cook, Chat and Learn
£10,000	01/02/2017 12	This project will provide cookery related activities for older people at risk of social exclusion. This will encourage participants to eat a more nutritious diet with the aim of improving their ....more This project will provide cookery related activities for older people at risk of social exclusion. This will encourage participants to eat a more nutritious diet with the aim of improving their health and well-being, and reducing social isolation.
National Lottery Community Fund - Getting creative about cake - a community celebration of the cake
£10,000	11/11/2016 12	This project will celebrate the world famous Banbury Cake and bakery that created it, focussing on the lives of its creators and their legacy. A theatre company will hold a series of ....more This project will celebrate the world famous Banbury Cake and bakery that created it, focussing on the lives of its creators and their legacy. A theatre company will hold a series of intergenerational workshops to create a piece of interactive theatre performed by local community dance and theatre companies in August 2017. It will also include exhibitions, a pop up cafÃ©, Banbury Bake off, stalls and arts and crafts activities for children to bring the community together.

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Data sourced from Donors via 360 Giving

How is it governed?

Trustees (6)

Current Trustees appointed

Gender Split

ANDREW MCHUGH Appointed: 2022, Occupation: Councillor, Other trusteeships: TOOLEY'S BOATYARD TRUST, ROYAL AIR FORCES ASSOCIATION BANBURY BRANCH,

BARBARA BASELEY-SMITH (Chair) Appointed: 2019

CATHERINE RICHELDIS SNELLING Appointed: 2022

COUNCILLOR PHILLIP CHAPMAN Appointed: 2022, Other trusteeship: THE BANBURY MUSEUM TRUST,

KAREN WARREN Appointed: 2016

SARAH LOUISE NORTON Appointed: 2018

Legal constitution

Charity registered in England & Wales on 11/03/2016, number: 1165998

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
Investment
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
Volunteer management

Filing Record

7 returns made; AR17: 2 days late,

Main office

THE MILL ARTS CENTRE
SPICEBALL PARK ROAD
BANBURY
OX16 5QE

Objectives

THE OBJECTS OF THE CIO ARE TO BENEFIT BOTH THE YOUNG PEOPLE AND ADULTS OF BANBURY AND THE SURROUNDING REGION SERVED BY THE TOWN OF BANBURY (THE AREA) AND ALSO PEOPLE AT LARGE, WITHOUT DISTINCTION OF SEX, SEXUAL ORIENTATION, RACE OR OF POLITICAL, RELIGIOUS OR OTHER OPINIONS, BY FURTHERING THE FOLLOWING CHARITABLE PURPOSES (RECOGNISED UNDER ENGLISH LAW):• TO PROMOTE THE ARTS FOR THE PUBLIC BENEFIT; • TO ADVANCE EDUCATION FOR THE PUBLIC BENEFIT; • TO PROVIDE (AND ASSIST IN THE PROVISION OF) FACILITIES FOR RECREATION AND OTHER LEISURE-TIME OCCUPATION IN THE INTERESTS OF SOCIAL WELFARE WITH THE OBJECTIVE OF IMPROVING THE CONDITIONS OF LIFE FOR THE RESIDENTS OF THE AREA; AND• TO FURTHER SUCH OTHER CHARITABLE PURPOSES AS THE TRUSTEES SEE FIT FROM TIME TO TIME IN THE AREA FOR THE PUBLIC BENEFIT.THE CIO’S CHARITABLE PURPOSES WILL BE FURTHERED AT OR DIRECTED FROM THE MILL ARTS CENTRE BANBURY (THE MILL).

Defined Area of Benefit:

LOCAL

Data Sources