for the Period Ended 30 November 2025
| Directors report | |
| Balance sheet | |
| Additional notes | |
| Balance sheet notes | |
| Community Interest Report |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 30 November 2025
Principal activities of the company
Directors
The directors shown below have held office during the whole of the period from
1 December 2024
to
30 November 2025
The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006
This report was approved by the board of directors on
And signed on behalf of the board by:
Name:
Status: Director
As at
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| Debtors: | 4 |
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| Creditors: amounts falling due within one year: | 5 |
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| Profit and loss account: |
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The notes form part of these financial statements
The directors have chosen not to file a copy of the company's profit and loss account.
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 30 November 2025
Basis of measurement and preparation
for the Period Ended 30 November 2025
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for the Period Ended 30 November 2025
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for the Period Ended 30 November 2025
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for the Period Ended 30 November 2025
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GENERAL DESCRIPTION OF THE COMPANY’S ACTIVITIES AND IMPACT: 2024–25 was a year of significant growth and deepened community impact, with Art4Space delivering creative, wellbeing, and social action programmes that reached more than 4,250 people across Lambeth. Art4Space CIC is an artist-led community arts organisation based in Stockwell, founded in 1999 by professional artists. Our mission is to deliver high-quality creative workshops, projects and training for community groups, and to place high-quality artwork into the public realm through mosaic, ceramics, textiles and other craft-based practices. During the financial year 2024–2025, our activities benefited the community in the following ways: 6 Social Action Programme training courses supported 72 adults to gain NOCN accreditation across personal projects, community projects and green skills. 3 SEND-inclusive holiday programmes (Easter, Summer, Christmas) reached 295 children and families. 45 chronic pain (PEACS) sessions ran with an average of 14 attendees each week. 54 personal budget sessions supported 6 adults with tailored creative engagement. 70 peer-support and social-prescribing sessions engaged 55 individuals throughout the year. 54 Creative Surgery volunteer afternoons welcomed 10–15 volunteers weekly. 32 school collaborations reached more than 2,000 pupils. 14 community art projects involved over 800 children and adults. 3 Creative Pathways courses supported 42 young people from Lambeth. More than 250 evening and weekend classes engaged over 4,000 makers. 8 community events welcomed more than 200 attendees. 45 corporate and team Away Days involved over 900 participants. Alongside these outputs, participants consistently reported increased confidence, reduced isolation and improved mental well-being. SEND families told us that our holiday provision was their only accessible local option, and adults on our Social Action Programme progressed to volunteering, further training, and community leadership roles. Overall, our programmes supported more than 4,250 direct beneficiaries this year. Julie Norburn is solely the executive director.
Art4Space CIC’s stakeholders include the beneficiaries and visitors who use our Stockwell centre, local residents, volunteers, partner schools, and our corporate partners who commission community artworks and take part in creative team away days. Our executive director has worked in Lambeth for many years and shaped the organisation’s model through her professional experience in art and education, alongside ongoing conversations with local people. She also completed a year-long Trauma Informed Schools UK accreditation, which is guiding our journey toward becoming a fully trauma-informed centre by 2026. We consult regularly with our community. Everyone using the centre is invited to complete a short questionnaire via our newsletter, sharing what they value about our services and what additional support they need during the current cost-of-living crisis. We also run two open forums each year, where beneficiaries and local residents meet with us to discuss priorities, barriers, and emerging needs. This feedback has helped us build a clear picture of local challenges and shape our programmes to improve wellbeing, reduce isolation and increase access to creative opportunities. Consultation highlighted the need for accessible workshops for children with all needs, including SEND, and better provision for older adults. As a Dementia-Friendly Venue, we responded by introducing more daytime-accessible workshops and strengthening our dementia-inclusive offer. Feedback also reinforced the importance of our mental health and wellbeing programmes, which we continue to prioritise. We are proud to have maintained our Pride in Practice Silver Award this year, reflecting our commitment to inclusive practice. We also listen through our community initiatives. Our food-waste distribution service, led by our Operations Manager, continues to support local families while reducing waste. The Lambeth Wellbeing Bus visits our centre regularly, offering blood pressure checks, wellbeing conversations and financial advice, another way we gather insight into community needs. Staff development is shaped by both internal and external feedback. We encourage our team to continue their own artistic practice and ensure new staff complete Mental Health First Aid training. Our weekly volunteer sessions provide another route for consultation, enabling local people to contribute ideas while supporting studio work. Notably, 65% of our staff team were first connected to Art4Space through volunteering. All of this engagement directly informs our policies, staff training and programme design as we move toward becoming a fully trauma-informed centre by 2026.
There were no other transactions or arrangements in connection with directors' remuneration or compensation for directors’ loss of office that require disclosure. Directors’ Financial Report: Art4Space ended the year in a stable financial position, with £76,667 in current assets and a strong cash reserve of £60,000 held in line with our Board policy. Our income grew slightly to £434,386, supported by a balanced mix of earned income, local authority commissions and grant funding. We continue to operate a lean staffing model with 2 permanent employees (recently increased to 3) and a pool of specialist freelance artists, ensuring high-quality delivery while maintaining flexibility and value for money. Our statutory reserves appear as £0 due to the standard treatment of deferred income in grant-funded organisations. However, our operational surplus for the year was £19,193, and we hold sufficient unrestricted cash to meet all commitments. This financial stability enables us to deliver impactful creative programmes for children, young people and adults experiencing isolation, trauma or poor mental health. Over the year we delivered classes, workshops, commissions and community projects that built confidence, skills and social connection for hundreds of Lambeth residents.
No transfer of assets other than for full consideration
This report was approved by the board of directors on
1 March 2026
And signed on behalf of the board by:
Name: Julie Norburn
Status: Director