Finance Score: -5
Governance Score: 3
Support Score: 7
  • Excess reserves: -5
  • Reasonable growth: +1
  • Volatile income
  • spending growth: -1
  • Good trustee age range: +3
  • Grant maker support: +7
Overall GiG Score: 5 ?

CREATIVE LAND TRUST 

Purchasing and leasing property, to promote arts, crafts and craftsmanship for the public benefit, in particular, but not exclusively, by providing or facilitating access to affordable workspace for the production of arts and crafts to those in need.
Analysis by Giving is Great

Positives:

  • There has been reasonable growth in spending since inception
  • 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

Financial issues to consider:

  • This charity has substantial assets and unrestricted reserves of £5,141,487 available, equivalent to 98 months of spending and so may not be able to utilise additional funding
  • Income has been volatile recently but spending has been maintained

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
31/05/23£936£631£305£159£6,449£5,14197.850
31/05/22£2,687£514£2,173£153£6,143£4,786111.750
31/05/21£977£2,002£-1,025£8£3,472£140.151
31/05/20£4,929£437£4,492£46£4,497£140.430
Financial Ratios
Fundraising Costs/Relevant Income: 17.4%
Fundraising Costs/Total Spending: 25.2%
Senior Staff Costs/Total Spending: 36%
Highest pay band: £120,000-£130,000
Liabilities/Assets: 10%
Liabilities/Income: 80%
Unrestricted Funds/Total Funds: 80%
Reserves/Spending: 97.8 months
Net Current Assets/Spending: 29 months
Quick Ratio: 27.8
Asset Split ?
Established: 5 years

creativelandtrust.org

info@creativelandtrust.org

07850288577

Charity Commission for England and WalesCompanies HouseFacebookInstagramX
Listed activities
  • Arts/Culture/Heritage/Science
  • General Charitable Purposes
GiG Classification
  • Performing and visual arts
How it operates
  • Provides buildings/facilities/open space
Where it operates
  • Throughout London,
Who it helps
  • Other Defined Groups
Who works here?
  • 5 employees

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.

Specific Donations
Amount When
Months
To be used for
National Lottery Heritage Fund - Grant to Creative Land Trust
£84,669 12/09/2023
Creating Futures at Alice Billings House
Greater London Authority - Grant to Creative Land Trust
£170,000 10/12/2022
To deliver a project space with cultural engagement officer to hold workshops and events within the new Alice Billings House. The project will also deliver a strategy for activating underused space ....more

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (10)
Current Trustees appointed

Age Range of Trustees: 35-56
Legal constitution
  • Charitable company registered in England & Wales on 09/04/2019, number: 1182876
  • Registered at Companies House on 17/05/2018, number: 11367824
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
  • Paying staff
  • Risk management
  • Social media policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
Filing Record
4 returns made; all on time
Main office

Creative Land Trust
Invicta House
108-114 Golden Lane
LONDON

Objectives

TO PROMOTE ARTS, CRAFTS AND CRAFTSMANSHIP FOR THE PUBLIC BENEFIT, IN PARTICULAR, BUT NOT EXCLUSIVELY, BY PROVIDING OR FACILITATING ACCESS TO AFFORDABLE WORKSPACE FOR THE PRODUCTION OF ARTS AND CRAFTS TO THOSE IN NEED.

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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