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35,970 claims
The total restricted funds at the end of March 31, 2025 were £43,741.
Restricted Funds 47,591 98,323 102,173 43,741
Financial · Funding statement · From Studio Upstairs — annual report and accounts, year ending 31 March 2025, page 21
The total unrestricted funds at the end of March 31, 2025 were £152,209.
Unrestricted Funds 146,819 227,945 222,555 152,209
Financial · Funding statement · From Studio Upstairs — annual report and accounts, year ending 31 March 2025, page 21
The total creditors for the year ended March 31, 2025 was £12,774.
Total Creditors (12,774)
Financial · Funding statement · From Studio Upstairs — annual report and accounts, year ending 31 March 2025, page 20
The total debtors for the year ended March 31, 2025 was £8,084.
Total Debtors 8,084
Financial · Funding statement · From Studio Upstairs — annual report and accounts, year ending 31 March 2025, page 20
The total resources expended for the year ended March 31, 2025 was £324,728.
Total Resources Expended 314,046 735 9,947 324,728
Financial · Funding statement · From Studio Upstairs — annual report and accounts, year ending 31 March 2025, page 19
The total staff salaries and voluntary expenses for the year ended March 31, 2025 was £189,765.
Staff Salaries and vol. expenses 180,277 - 9,488 189,765
Financial · Funding statement · From Studio Upstairs — annual report and accounts, year ending 31 March 2025, page 19
The total investment income for the year ended March 31, 2025 was £1,704.
Total 1,704 1,704
Financial · Funding statement · From Studio Upstairs — annual report and accounts, year ending 31 March 2025, page 18
The total voluntary income for the year ended March 31, 2025 was £101,433.
Total 98,323 3,110 101,433
Financial · Funding statement · From Studio Upstairs — annual report and accounts, year ending 31 March 2025, page 18
The total unrestricted charitable income for the year ended March 31, 2025 was £223,131.
Total - 223,131 223,131
Financial · Funding statement · From Studio Upstairs — annual report and accounts, year ending 31 March 2025, page 18
The charity has unrestricted general funds, designated funds, and restricted funds.
funds held by the charity are either: Unrestricted general funds – these are funds for use at the discretion of the trustees in furtherance of the general objectives of the charity. Designated funds – these are funds set aside by the trustees out of unrestricted general funds for specific future purposes or projects. Restricted funds - these are funds which can only be used for particular restricted purposes within the objects of the charity.
Financial · Funding statement · From Studio Upstairs — annual report and accounts, year ending 31 March 2025, page 17
Depreciation for plant and machinery is calculated at an 18% reducing balance basis.
• Plant & Machinery @ 18% reducing balance basis
Financial · Funding statement · From Studio Upstairs — annual report and accounts, year ending 31 March 2025, page 17
Charitable activities account for 95% of office expenses and 75% of senior management services.
Material allocations of costs made within the accounts are: Cost function Office expenses Senior Management Services Basis of allocation Estimated Usage Time spent Charitable Activities 95% 75%
Financial · Funding statement · From Studio Upstairs — annual report and accounts, year ending 31 March 2025, page 17
Governance costs include fees for independent examinations and strategic management.
Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charity and include the independent examination fees and costs linked to the strategic management of the charity.
Financial · Funding statement · From Studio Upstairs — annual report and accounts, year ending 31 March 2025, page 17
Studio Upstairs will maintain its digital and outreach work to reach rural areas and hospital wards.
Grow our digital and outreach work so that someone in a rural village or on a locked ward can still feel part of this community.
Service · Commitment statement · From Studio Upstairs — annual report and accounts, year ending 31 March 2025, page 12
Studio Upstairs plans to expand its model to new towns and cities, increasing national awareness.
Take the Studio Upstairs model to new towns and cities, and shout louder nationally about what creative community recovery can achieve.
Service · Commitment statement · From Studio Upstairs — annual report and accounts, year ending 31 March 2025, page 11
Studio Upstairs intends to establish new satellite projects and strengthen community links.
New satellite projects and stronger links with local communities, because isolation doesn’t stop at the studio door.
Service · Commitment statement · From Studio Upstairs — annual report and accounts, year ending 31 March 2025, page 11
Studio Upstairs aims to deepen and widen its creative programmes in London and Bristol.
Richer, braver creative programmes in London and Bristol. We will continue to protect and expand long-term places for members who need years, not months, to rebuild their lives.
Service · Commitment statement · From Studio Upstairs — annual report and accounts, year ending 31 March 2025, page 11
Studio Upstairs plans to strengthen its funding base for long-term sustainability.
Lock in diverse, long-term funding – more corporate partners, individual giving circles and earned income streams – so we are never again one rejected grant away from closing the doors.
Financial · Commitment statement · From Studio Upstairs — annual report and accounts, year ending 31 March 2025, page 11
Studio Upstairs's members are more confident in sharing their diagnoses and selling artwork.
Artists who once hid their diagnoses sold work under their real names and stood proudly at private views.
Service · Observational claim · From Studio Upstairs — annual report and accounts, year ending 31 March 2025, page 10
Studio Upstairs's initiatives helped young people open up about their struggles with mental health.
Young people messaged us saying, “I saw your posts and finally told someone I’m struggling.”
Service · Observational claim · From Studio Upstairs — annual report and accounts, year ending 31 March 2025, page 10