Finance Score: 2

Governance Score: 3

Support Score: 6

Strong growth: +2
No PartB

Dynamic board: +3

Grant maker support: +6

Overall GiG Score: 11

SOLE BAY ARTS C.I.O.

St Edmund?s Hall in Southwold was originally built as a church hall - it plays host to a large number of community and church events.The building is in a poor state of disrepair. Sole Bay Arts has been established to a) operate the Hall as an arts and community centre and raise the necessary funds to refurbish the building and facilities to the benefit of all.

Analysis by Giving is Great

Positives:

There has been strong growth in spending over the last 5 years
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 dynamic in terms of composition

Financial issues to consider:

A PartB annual return has not been required and so detailed financial information is not available from the online data

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
31/12/22		£160	£177	£-16	n/a	n/a	n/a	n/a	n/a	15
31/12/21		£184	£130	£54	n/a	n/a	n/a	n/a	n/a	7
31/12/20		£75	£122	£-47	n/a	n/a	n/a	n/a	n/a	7
31/12/19		£133	£107	£26	n/a	n/a	n/a	n/a	n/a	10
31/12/18	*	£68	£44	£24	£0	£0	£0	n/a	0	10
31/12/17	*	£46	£34	£12	£0	£0	£0	n/a	0	0

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Download accounts

Highest pay bracket: less than £60,000

Established: 7 years

www.southwoldartscentre.co.uk

info@southwoldartscentre.co.uk

01502722572

Charity Commission for England and Wales

Tweets

Listed activities

Arts/Culture/Heritage/Science
Recreation

GiG Classification

Other facilities management and maintenance

How it operates

Provides buildings/facilities/open space

Where it operates

Suffolk,

Who it helps

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

Who works here?

Unknown number of employees
15 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	£28,000
The Foyle Foundation	£7,000
Suffolk Community Foundation	£5,000

Specific Donations

Amount	When Months	To be used for
The Foyle Foundation - Small Grants
£4,000	28/04/2023	as a general donation
DCMS - Culture Recovery Fund: Emergency Resource Support
£28,000	18/10/2021	This fund aims to provide emergency funding awards to culturally significant organisations that were financially sustainable before Covid-19 but are now at imminent risk of failure and have exhausted ....more This fund aims to provide emergency funding awards to culturally significant organisations that were financially sustainable before Covid-19 but are now at imminent risk of failure and have exhausted all other options for increasing their resilience.
The Foyle Foundation - Small Grants
£3,000	28/04/2021	towards ongoing costs (awarded grant in response to coronavirus)
Suffolk Community Foundation - Core funding to keep Southwold Arts Centre functioning through COVID.
£5,000	27/01/2021 4	Core funding to keep Southwold Arts Centre functioning through COVID.
Co-Operative Group - Grant to Sole Bay Arts C.I.O.
£3,334	19/11/2018	Help us to refurbish and develop St Edmund's Hall to present all year-round events and facilities not available in the area.

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (11)

Current Trustees appointed

Gender Split

ANDREW JOHN TAYLOR Appointed: 2022

FIONA ELIZABETH TAYLOR Appointed: 2021

PAUL DAVID LUKE Appointed: 2023

PAUL HEGARTY Appointed: 2020

PROF GEOFFREY MICHAEL ROWAN-ROBINSON (Chair) Appointed: 2019

RIDLEY MICHAEL BURNETT Appointed: 2021

ROSEMARY ANNE HUMPHREYS Appointed: 2020

VICTORIA MARGARET REDINGTON Appointed: 2023

ROBERT MOLE Appointed: 2019, Other trusteeship: SOUTHWOLD RAILWAY TRUST,

REV ALAN DAVID PERRY Appointed: 2019, Other trusteeship: REYDON ESTATE CHARITY,

SIMON FLUNDER Appointed: 2020, Other trusteeship: SOUTHWOLD MILLENNIUM FOUNDATION,

Legal constitution

Charity registered in England & Wales on 15/12/2016, number: 1170774

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Complaints handling
Conflicting interests
Investment
Paying staff
Risk management
Volunteer management

Filing Record

6 returns made; AR18: 139 days late, AR17: 470 days late,

Main office

SOUTHWOLD ARTS CENTRE,
CUMBERLAND ROAD
SOUTHWOLD
SUFFOLK
IP18 6JP

Objectives

THE OBJECT[S] OF THE CIO ARE TO ADVANCE EDUCATION IN THE ARTS, CULTURE AND HERITAGE AND TO BENEFIT THE RESIDENTS OF SOUTHWOLD AND THE SURROUNDING AREA AND TO IMPROVE THE CONDITIONS OF LIFE FOR THEM, WITHOUT DISTINCTION OF SEX, SEXUAL ORIENTATION, RACE, POLITICAL, RELIGIOUS OR OTHER OPINIONS BY ASSOCIATING WITH THEM AND WITH LOCAL AUTHORITIES, VOLUNTARY AND OTHER ORGANISATIONS IN A COMMON EFFORT TO ADVANCE EDUCATION AND TO PROVIDE FACILITIES IN THE INTERESTS OF SOCIAL WELFARE FOR RECREATION AND LEISURE TIME OCCUPATION WITH THE OBJECTIVE OF IMPROVING THE CONDITIONS OF LIFE FOR THE RESIDENTS. IN FURTHERANCE OF THE ABOVE THE CHARITY TRUSTEES MAY (INTER ALIA) ESTABLISH AND MAINTAIN AN ARTS AND COMMUNITY CENTRE IN ST EDMUND'S HALL, SOUTHWOLD.

Defined Area of Benefit:

LOCAL

Data Sources