COLLAGE ARTS

Charity number: 1153366
Charity reporting is up to date (48 days late)

Charity overview

Activities - how the charity spends its money

To use of the arts, to improve lives in United Kingdom and European area for the public benefit promoting regeneration in areas of social or economic deprivation by any or all of the following means: -promoting and fostering the development of artistic tastes and knowledge and the understanding and appreciation of the arts. - developing a community spirit by organising exhibitions

Income and expenditure

Data for financial year ending 31 December 2023

Total income:
£1,468,630

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Donations and legacies £482.87k
Charitable activities £0
Other trading activities £0
Investments £35
Other £985.73k

Total expenditure:
£1,328,694

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Raising funds £0
Charitable activities £1.33m
Other £0

£0 investments gains (losses)

Total income includes £59,000 from 2 government contract(s) and £30,290 from 2 government grant(s)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

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Raising funds and other expenditure £0
Charitable expenditure £1.33m
Retained for future use £139.94k

People

12 Employee(s)

6 Trustee(s)

Employees with total benefits over £60,000

No employees have total benefits over £60k for this charity

Fundraising

No information available

Trading

This charity does not have any trading subsidiaries.

Trustee payments

No trustees receive any remuneration, payments or benefits from the charity.

What, who, how, where

What the charity does:
  • Education/training
  • Arts/culture/heritage/science
  • Economic/community Development/employment
Who the charity helps:
  • Children/young People
  • Elderly/old People
  • People With Disabilities
  • People Of A Particular Ethnic Or Racial Origin
  • Other Defined Groups
How the charity helps:
  • Provides Buildings/facilities/open Space
  • Provides Services
  • Provides Advocacy/advice/information
  • Acts As An Umbrella Or Resource Body
Where the charity operates:
  • Throughout London

Governance

Registration history:
  • 13 August 2013: Standard registration
  • 16 March 2015: Funds received from 248470 HARINGEY ARTS COUNCIL
Organisation type:
Charitable company
Other names:

No other names

Company number:
02848451 Open in new window
Gift aid:
Recognised by HMRC for gift aid
Other regulators:
  • Ofsted (Office For Standards In Education)
Policies:
  • Bullying and harassment policy and procedures
  • Campaigns and political activity policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • Conflicting interests
  • 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
  • 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
  • Trustee expenses policy and procedures
  • Volunteer management
Land and property:
This charity owns and/or leases land or property

Trustees

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service

6 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
PHILIP SHERMAN Chair 28 January 2013
None on record
ARCHITA KUMAR Trustee 01 January 2020
None on record
Yana Stajno Trustee 29 July 2014
None on record
YOUSAF ALI KHAN Trustee 28 January 2013
None on record
VASANTHI HIRANI Trustee 28 January 2013
None on record
ALAN RICHARDSON Trustee 01 December 2004
None on record

Financial history

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Financial period end date

Income / Expenditure 31/12/2019 31/12/2020 31/12/2021 31/12/2022 31/12/2023
Total gross income £1.61m £1.45m £1.99m £1.73m £1.47m
Total expenditure £1.68m £1.62m £1.96m £1.79m £1.33m
Income from government contracts N/A N/A N/A N/A £59.00k
Income from government grants N/A N/A £185.62k N/A £30.29k
Income - Donations and legacies £0 £466.01k £0 £646.81k £482.87k
Income - Other trading activities £0 £0 £63.43k £0 £0
Income - Charitable activities £1.56m £0 £1.89m £0 £0
Income - Endowments £0 £466.01k £0 £646.81k £0
Income - Investment £0 £0 £0 £0 £35
Income - Other £42.43k £986.55k £34.90k £1.09m £985.73k
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £1.68m £1.62m £1.96m £1.79m £1.33m
Expenditure - Raising funds £0 £0 £0 £0 £0
Expenditure - Governance £6.00k £6.00k £6.48k £6.96k £6.60k
Expenditure - Grants institution £0 £1.62m £607.54k £0 £0
Expenditure - Investment management £0 £0 £0 £0 £0
Expenditure - Other £0 £0 £0 £0 £0

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

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Asset / Liability 31/12/2019 31/12/2020 31/12/2021 31/12/2022 31/12/2023
Own use assets £705.10k £724.74k £729.16k £733.81k £715.66k
Long-term investments £0 £0 £0 £0 £0
Other assets £491.47k £477.79k £484.11k £493.96k £432.06k
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £886.93k £1.06m £1.04m £1.11m £889.58k

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 31 December 2023 18 December 2024 48 days late
Accounts and TAR 31 December 2023 18 December 2024 48 days late Download Open in new window
Annual return 31 December 2022 02 November 2023 2 days late
Accounts and TAR 31 December 2022 02 November 2023 2 days late Download Open in new window
Annual return 31 December 2021 26 October 2022 On Time
Accounts and TAR 31 December 2021 26 October 2022 On Time Download Open in new window
Annual return 31 December 2020 28 October 2021 On Time
Accounts and TAR 31 December 2020 28 October 2021 On Time Download Open in new window
Annual return 31 December 2019 14 December 2020 44 days late
Accounts and TAR 31 December 2019 14 December 2020 44 days late Download Open in new window
Submit annual return Open in new window

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

MEMORANDUM AND ARTICLES INCORPORATED 27/08/1993 AS AMENDED BY CERTIFICATE OF INCORPORATION ON CHANGE OF NAME DATED 15/04/2003 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 26/07/2013 AS REGISTERED AT COMPANIES HOUSE ON 09/08/2013

Charitable objects

1) TO FOSTER, PROMOTE, DEVELOP AND ADVANCE THE EDUCATION OF THE PUBLIC RESIDENT, WORKING OR STUDYING IN THE GREATER LONDON AREA, IN ALL ASPECTS OF THE ARTS, IN PARTICULAR BUT NOT EXCLUSIVELY BY: - THE PROVISION AND MAINTENANCE OF A PUBLIC ARTS FACILITY (CURRENTLY KNOWN AS THE CHOCOLATE FACTORY); - THE PROVISION AND ORGANISATION OF EXHIBITIONS, LITERATURE, MUSIC, COMEDY, THEATRE EVENTS AND COMMUNITY FESTIVALS; - THE PROVISION OF EDUCATION, TRAINING OR RETRAINING IN THE ARTS, PARTICULARLY AMONGST PEOPLE IN NEED BY REASON OF THEIR YOUTH, AGE, DISABILITY, ILL-HEALTH, FINANCIAL HARDSHIP OR OTHER SOCIAL OR ECONOMIC DISADVANTAGE - THE RELIEF OF UNEMPLOYMENT AND THE CREATION OF EMPLOYMENT OPPORTUNITIES. 2) TO PROMOTE SOCIAL INCLUSION FOR THE PUBLIC BENEFIT BY PREVENTING PEOPLE FROM BECOMING SOCIALLY EXCLUDED, RELIEVING THE NEEDS OF THOSE PEOPLE WHO ARE SOCIALLY EXCLUDED AND ASSISTING THEM TO INTEGRATE INTO SOCIETY BY USING ALL ASPECTS OF THE ARTS, THEORETICAL AND APPLIED, TO IMPROVE LIVES IN THE GREATER LONDON AREA. FOR THE PURPOSE OF THIS CLAUSE ‘SOCIALLY EXCLUDED’ MEANS BEING EXCLUDED FROM SOCIETY, OR PARTS OF SOCIETY, AS A RESULT OF ONE OF MORE OF THE FOLLOWING FACTORS: UNEMPLOYMENT; FINANCIAL HARDSHIP; YOUTH OR OLD AGE; ILL HEALTH (PHYSICAL OR MENTAL); SUBSTANCE ABUSE OR DEPENDENCY INCLUDING ALCOHOL AND DRUGS; DISCRIMINATION ON THE GROUNDS OF SEX, RACE, DISABILITY, ETHNIC ORIGIN, RELIGION, BELIEF, CREED, SEXUAL ORIENTATION OR GENDER RE-ASSIGNMENT; POOR EDUCATIONAL OR SKILLS ATTAINMENT; RELATIONSHIP AND FAMILY BREAKDOWN; POOR HOUSING (THAT IS HOUSING THAT DOES NOT MEET BASIC HABITABLE STANDARDS; CRIME (EITHER AS A VICTIM OF CRIME OR AS AN OFFENDER REHABILITATING INTO SOCIETY.

Contact information

Address:
COLLAGE ARTS
COLLAGE ARTSPACE 2
4 COBURG ROAD
WOOD GREEN
LONDON
N22 6UJ
Phone:
0800 009 2970
Email:
info@collage-arts.org
Website:

www.collage-arts.org Open in new window