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35,993 claims
Other debtors significantly increased from £2,518 in 2023 to £10,333 in 2024.
Other debtors 10,333 2,518
Financial · Observational claim · From Ark - T Centre — annual report and accounts, year ending 31 December 2024, page 33
The trade debtors increased slightly from £10,239 in 2023 to £10,254 in 2024.
Trade debtors 10,254 10,239
Financial · Observational claim · From Ark - T Centre — annual report and accounts, year ending 31 December 2024, page 33
The charity's tangible assets remained at £1,000 from the previous year.
Tangible Assets 11 - 1,000
Financial · Metric statement · From Ark - T Centre — annual report and accounts, year ending 31 December 2024, page 28
The charity's total funds carried forward increased from £78,115 in 2023 to £91,494 in 2024.
TOTAL INCOME FUNDS 91,494 59,324
Financial · Metric statement · From Ark - T Centre — annual report and accounts, year ending 31 December 2024, page 28
The charity's net current assets increased from £58,324 in 2023 to £91,494 in 2024.
NET CURRENT ASSETS 91,494 58,324
Financial · Metric statement · From Ark - T Centre — annual report and accounts, year ending 31 December 2024, page 28
The charity's net income decreased from £17,218 in 2023 to £-1,535 in 2024.
Net income / -expenditure - 1,535 33,705 32,170 - 17,218 - 1,573 - 18,791
Financial · Trend statement · From Ark - T Centre — annual report and accounts, year ending 31 December 2024, page 27
The charity's total expenditure increased from £370,527 in 2023 to £306,870 in 2024.
Total expenditure 173,547 133,323 306,870 202,175 168,352 370,527
Financial · Trend statement · From Ark - T Centre — annual report and accounts, year ending 31 December 2024, page 27
The charity's total income decreased from £351,736 in 2023 to £339,040 in 2024.
Total income 172,012 167,028 339,040 184,957 166,779 351,736
Financial · Trend statement · From Ark - T Centre — annual report and accounts, year ending 31 December 2024, page 27
The charity's unrestricted funds increased by £973 from the previous year, while restricted funds increased by £31,197.
Net movement in funds 973 31,197 32,170 - 19,956 1,165 - 18,791
Financial · Metric statement · From Ark - T Centre — annual report and accounts, year ending 31 December 2024, page 27
The charity's financial statements were prepared in accordance with FRS 102 and the Charities Act 2011.
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), the Charities Act 2011 and UK Generally Accepted Accounting Practice.
Financial · Policy statement · From Ark - T Centre — annual report and accounts, year ending 31 December 2024, page 27
Ark T Centre aims to hold reserves equivalent to three months of operating costs as a financial buffer.
The Trustees have set a reserves policy of holding the equivalent of three months of general operating costs, including salaries. This policy and the reserve level are reviewed annually.
Financial · Policy statement · From Ark - T Centre — annual report and accounts, year ending 31 December 2024, page 22
Ark T Centre's financial surplus decreased in 2024 compared to the previous year.
In 2024, Ark T received £339,040 in total income and incurred £306,870 in total expenditure, resulting in a surplus of £32,170. Compared to 2023, this represents a decrease in income of £12,696 and a decrease in expenditure of £63,657.
Financial · Funding statement · From Ark - T Centre — annual report and accounts, year ending 31 December 2024, page 21
Ark T's programmes provide evidence-based interventions to improve wellbeing and reduce demand on public services.
Our approach is informed by a substantial body of research demonstrating that engagement with the arts can: Reduce anxiety, stress, and depression while improving mood and self-esteem. Build resilience, giving people the skills and confidence to navigate life’s challenges. Strengthen social connection and a sense of belonging, which are known protective factors against isolation and mental ill health.
Service · Policy statement · From Ark - T Centre — annual report and accounts, year ending 31 December 2024, page 20
Arts education is essential for building confidence and resilience in Oxford's disadvantaged communities.
In this context, inclusive, high-quality arts education and creative community spaces are not a luxury — they are a lifeline. Without them, poverty and deprivation deepen, increasing the risks of poor mental health, disengagement from education, limited employment, and social isolation.
Policy · Policy statement · From Ark - T Centre — annual report and accounts, year ending 31 December 2024, page 19
Venue hire at Ark T Centre generates income and supports the charity's mission.
Venue hire also generates vital income that helps sustain Ark T’s programmes. Every booking supports our wider mission: using creativity to improve wellbeing, strengthen resilience, and nurture community.
Financial · Funding statement · From Ark - T Centre — annual report and accounts, year ending 31 December 2024, page 19
Ark T Centre hosted six free exhibitions reflecting local creativity and wellbeing themes.
During 2024, the Welcome Space hosted six exhibitions, each free to visit, which truly reflected local creativity and wellbeing themes.
Service · Observational claim · From Ark - T Centre — annual report and accounts, year ending 31 December 2024, page 17
Community Lunches reduce isolation and build resilience among participants.
More than just a free meal, these gatherings reduced isolation, built resilience, and created relationships that helped people face life’s difficulties knowing they were not alone.
Service · Observational claim · From Ark - T Centre — annual report and accounts, year ending 31 December 2024, page 14
MySpace Online provides a safe space for young people with emotional-based school avoidance to re-engage with learning.
We provided weekly online creative sessions staffed by specialist staff. We sent each participant a beautiful box of art supplies and young people joined in with the creative activities in a low pressure environment, in their own homes, with all the necessary art supplies provided.
Service · Observational claim · From Ark - T Centre — annual report and accounts, year ending 31 December 2024, page 13
HerSpace Junior and HerSpace Senior empower young women to build confidence and peer connections.
Through playful projects, participants explore identity and wellbeing while building confidence and friendships. Feedback from parents and young people expressed greater self-confidence and stronger peer connections.
Service · Observational claim · From Ark - T Centre — annual report and accounts, year ending 31 December 2024, page 12
80% of Creativity Camp participants came from disadvantaged backgrounds.
● 80% of participants came from disadvantaged backgrounds.
Metric · Metric statement · From Ark - T Centre — annual report and accounts, year ending 31 December 2024, page 11