IRIS Accounts Production v26.2.0.496 Other Company accounts True false Pounds 1.11.24 31.10.25 31.10.25 FY FRS 102 Independent examiner Small companies regime for accounts Full Charities SORP true true true true false true false true 0 0 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 05814069 2024-10-31 05814069 2025-10-31 05814069 2024-11-01 2025-10-31 05814069 2023-10-31 05814069 2023-11-01 2024-10-31 05814069 2024-10-31 05814069 ns0:CharitableCompanyLimitedByGuarantee 2024-11-01 2025-10-31 05814069 ns15:PoundSterling 2024-11-01 2025-10-31 05814069 ns11:FRS102 2024-11-01 2025-10-31 05814069 ns0:IndependentExaminationCharity 2024-11-01 2025-10-31 05814069 ns11:SmallCompaniesRegimeForAccounts 2024-11-01 2025-10-31 05814069 ns11:FullAccounts 2024-11-01 2025-10-31 05814069 ns0:CharitiesSORP 2024-11-01 2025-10-31 05814069 ns16:EnglandWales 2024-11-01 2025-10-31 05814069 ns11:RegisteredOffice 2024-11-01 2025-10-31 05814069 ns0:Trustee2 2024-11-01 2025-10-31 05814069 ns0:Trustee3 2024-11-01 2025-10-31 05814069 ns0:Trustee4 2024-11-01 2025-10-31 05814069 ns0:Trustee5 2024-11-01 2025-10-31 05814069 ns0:Trustee6 2024-11-01 2025-10-31 05814069 ns0:Trustee7 2024-11-01 2025-10-31 05814069 ns0:Trustee1 2024-11-01 2025-10-31 05814069 ns0:Trustee8 2024-11-01 2025-10-31 05814069 ns0:Trustee9 2024-11-01 2025-10-31 05814069 ns0:Trustee10 2024-11-01 2025-10-31 05814069 ns0:Trustee11 2024-11-01 2025-10-31 05814069 ns0:TotalUnrestrictedFunds 2024-11-01 2025-10-31 05814069 ns0:TotalRestrictedIncomeFunds 2024-11-01 2025-10-31 05814069 ns0:Activity8 2024-11-01 2025-10-31 05814069 ns0:Activity8 ns0:TotalUnrestrictedFunds 2024-11-01 2025-10-31 05814069 ns0:Activity8 ns0:TotalRestrictedIncomeFunds 2024-11-01 2025-10-31 05814069 ns0:Activity8 2023-11-01 2024-10-31 05814069 ns0:TotalUnrestrictedFunds 2024-10-31 05814069 ns0:TotalRestrictedIncomeFunds 2024-10-31 05814069 ns0:TotalUnrestrictedFunds 2025-10-31 05814069 ns0:TotalRestrictedIncomeFunds 2025-10-31 05814069 ns0:TotalUnrestrictedFunds ns10:WithinOneYear 2025-10-31 05814069 ns0:TotalRestrictedIncomeFunds ns10:WithinOneYear 2025-10-31 05814069 ns10:WithinOneYear 2025-10-31 05814069 ns10:WithinOneYear 2024-10-31 05814069 2 2024-11-01 2025-10-31 05814069 ns0:TotalUnrestrictedFunds 2023-11-01 2024-10-31 05814069 ns0:TotalRestrictedIncomeFunds 2023-11-01 2024-10-31 05814069 ns0:Activity8 ns0:TotalUnrestrictedFunds 2023-11-01 2024-10-31 05814069 ns0:Activity8 ns0:TotalRestrictedIncomeFunds 2023-11-01 2024-10-31

REGISTERED COMPANY NUMBER: 05814069 (England and Wales)

REGISTERED CHARITY NUMBER: 1115982

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025

FOR

FLUXUS ART PROJECTS

FLUXUS ART PROJECTS

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

| Page |

Report of the Trustees | 1 |  | to |  | 2

Independent Examiner's Report | 3 |

Statement of Financial Activities | 4 |

Balance Sheet | 5 |  | to |  | 6

Notes to the Financial Statements | 7 |  | to |  | 10

FLUXUS ART PROJECTS (REGISTERED NUMBER: 05814069)

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31 OCTOBER 2025

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 October 2025. The trustees have adopted the provisions of 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).

OBJECTIVES AND ACTIVITIES

The charity's objects are :

1. To advance the education of the public in the subject of all forms of contemporary art.

2. To promote the appreciation and understanding of art for the benefit of the public by providing support, assistance, maintenance and grants for museums and art galleries.

The trustees confirm that they referred to the guidance contained in the Charity Commission's general guidance on public benefit by reviewing the charity's aims and objectives and in planning future activities and setting the grant making policy for the year.

The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.

ACHIEVEMENTS AND PERFORMANCE

Further events promoting the charity's objects are being planned for the future. Charitable income amounted to £330,243 and at the balance sheet date reserves amounted to £150,795. The trustees are of the opinion that such reserves are sufficient to meet ongoing commitments as they fall due.

FINANCIAL REVIEW

It is the policy of the trustees to maintain funds at a level sufficient to enable the charity to meet its liabilities as and when they fall due and to continue its charitable actives in the future.

It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure. The trustees considers that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year.

The trustees has assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

Organisational structure

The charity is administered by the Board of Trustees which is its governing body. There are no paid employees and the Trustees meet regularly to discuss and implement policy. Trustees are appointed to the Board in accordance with the Memorandum and Articles of Association and are recruited on the basis of personal recommendation. New Trustees receive informal induction from existing Trustees and training needs are assessed and met as required.

None of the trustees has any beneficial interest in the company. All of the trustees are members of the company and guarantee to contribute £ 10 in the event of a winding up.

The trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.

FLUXUS ART PROJECTS (REGISTERED NUMBER: 05814069)

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31 OCTOBER 2025

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

05814069 (England and Wales)

Registered Charity number

1115982

Registered office

C/O Institut Francais Du Royaume Uni

Ambassade de France, Service Culturel

23 Cromwell Street

London

SW7 2EL

Trustees

A A P D'Albis Ganem

R M Fairbairn (resigned 3/7/2025)

L L V Issaurat

J Lemaitre (resigned 3/7/2025)

V M F P Parke

M Hennequet (resigned 3/7/2025)

H Nguyen Ban

E M J Langret

J P B Lingwood

E R Carrey Thomas

C E M Milliard Director (appointed 16/12/2024)

M C Sukkar Director (appointed 23/6/2025)

Independent Examiner

Anandan Cullen & Co Limited

The Old School House

6 Havelock Place

Harrow

Middlesex

HA1 1LJ

Approved by order of the board of trustees on 24 August 2026 and signed on its behalf by:

H Nguyen Ban - Trustee

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF

FLUXUS ART PROJECTS

Independent examiner's report to the trustees of Fluxus Art Projects ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 October 2025.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

1. | accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or

2. | the accounts do not accord with those records; or

3. | the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or

4. | the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Thiagarajah Thavakumaran

Anandan Cullen & Co Limited

The Old School House

6 Havelock Place

Harrow

Middlesex

HA1 1LJ

24 August 2026

FLUXUS ART PROJECTS

STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 31 OCTOBER 2025

2025 | 2024 |

Unrestricted | Restricted | Total | Total |

fund | fund | funds | funds |

| Notes | £ | £ | £ | £

INCOME AND ENDOWMENTS FROM

Donations and legacies | 330,243 |  | - |  | 330,243 |  | 258,307 |

EXPENDITURE ON

Charitable activities

Grants Provided | 254,725 |  | - |  | 254,725 |  | 219,378 |

Other | 8,179 |  | - |  | 8,179 |  | 3,844 |

Total | 262,904 |  | - |  | 262,904 |  | 223,222 |

NET INCOME | 67,339 |  | - |  | 67,339 |  | 35,085 |

RECONCILIATION OF FUNDS

Total funds brought forward | 77,695 |  | 5,761 |  | 83,456 |  | 48,371 |

TOTAL FUNDS CARRIED FORWARD | 145,034 |  | 5,761 |  | 150,795 |  | 83,456 |

FLUXUS ART PROJECTS (REGISTERED NUMBER: 05814069)

BALANCE SHEET

31 OCTOBER 2025

2025 | 2024 |

Unrestricted | Restricted | Total | Total |

fund | fund | funds | funds |

| Notes | £ | £ | £ | £

CURRENT ASSETS |

Debtors | 4 | 25,845 |  | - |  | 25,845 |  | 32,257 |

Cash at bank | 159,215 |  | 5,761 |  | 164,976 |  | 90,152 |

185,060 |  | 5,761 |  | 190,821 |  | 122,409 |

CREDITORS |

Amounts falling due within one year | 5 | (40,026 | ) | - |  | (40,026 | ) | (38,953 | )

NET CURRENT ASSETS | 145,034 |  | 5,761 |  | 150,795 |  | 83,456 |

TOTAL ASSETS LESS CURRENT LIABILITIES | 145,034 |  | 5,761 |  | 150,795 |  | 83,456 |

NET ASSETS | 145,034 |  | 5,761 |  | 150,795 |  | 83,456 |

FUNDS | 6

Unrestricted funds | 145,034 |  | 77,695 |

Restricted funds | 5,761 |  | 5,761 |

TOTAL FUNDS | 150,795 |  | 83,456 |

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

(a) | ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and

(b) | preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

FLUXUS ART PROJECTS (REGISTERED NUMBER: 05814069)

BALANCE SHEET - continued

31 OCTOBER 2025

These financial statements have been prepared in accordance with and delivered in accordance with the special provisions applicable to small charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 24 August 2026 and were signed on its behalf by:

H Nguyen Ban - Trustee

FLUXUS ART PROJECTS

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

1. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

| Income

| All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

| Expenditure

| Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

| Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.

| Taxation

| The charity is exempt from corporation tax on its charitable activities.

| Fund accounting

| Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

| Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

| Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

2. | TRUSTEES' REMUNERATION AND BENEFITS

| There were no trustees' remuneration or other benefits for the year ended 31 October 2025 nor for the year ended 31 October 2024.

| Trustees' expenses

| There were no trustees' expenses paid for the year ended 31 October 2025 nor for the year ended 31 October 2024.

FLUXUS ART PROJECTS

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 OCTOBER 2025

3. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted | Restricted | Total |

fund | fund | funds |

| £ | £ | £

| INCOME AND ENDOWMENTS FROM

| Donations and legacies | 258,307 |  | - |  | 258,307 |

| EXPENDITURE ON

| Charitable activities

| Grants Provided | 219,378 |  | - |  | 219,378 |

| Other | 3,844 |  | - |  | 3,844 |

| Total | 223,222 |  | - |  | 223,222 |

| NET INCOME | 35,085 |  | - |  | 35,085 |

| RECONCILIATION OF FUNDS

| Total funds brought forward | 42,610 |  | 5,761 |  | 48,371 |

| TOTAL FUNDS CARRIED FORWARD | 77,695 |  | 5,761 |  | 83,456 |

4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025 | 2024 |

| £ | £

| Other debtors | 25,845 |  | 32,257 |  |

5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025 | 2024 |

| £ | £

| Accrued expenses | 40,026 |  | 38,953 |  |

6. | MOVEMENT IN FUNDS

Net |  |

movement | At |

At 1/11/24 | in funds | 31/10/25 |

£ | £ | £ |

| Unrestricted funds

| Unrestricted fund | 77,695 |  | 67,339 |  | 145,034 |  |

| Restricted funds

| Restricted Funds | 5,761 |  | - |  | 5,761 |  |

| TOTAL FUNDS | 83,456 |  | 67,339 |  | 150,795 |  |

FLUXUS ART PROJECTS

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 OCTOBER 2025

6. | MOVEMENT IN FUNDS - continued

| Net movement in funds, included in the above are as follows:

Incoming | Resources | Movement |

resources | expended | in funds |

£ | £ | £ |

| Unrestricted funds

| Unrestricted fund | 330,243 |  | (262,904 | ) | 67,339 |  |

| TOTAL FUNDS | 330,243 |  | (262,904 | ) | 67,339 |  |

| Comparatives for movement in funds

Net |  |

movement | At |

At 1/11/23 | in funds | 31/10/24 |

£ | £ | £ |

| Unrestricted fund | 42,610 |  | 35,085 |  | 77,695 |  |

| Restricted fund

| Restricted Funds | 5,761 |  | - |  | 5,761 |  |

| TOTAL FUNDS | 48,371 |  | 35,085 |  | 83,456 |  |

| Comparative net movement in funds included in the above are as follows:

Incoming | Resources | Movement |

resources | expended | in funds |

£ | £ | £ |

| Unrestricted fund | 258,307 |  | (223,222 | ) | 35,085 |  |

| TOTAL FUNDS | 258,307 |  | (223,222 | ) | 35,085 |  |

| A current year 12 months and prior year 12 months combined position is as follows:

Net |  |

movement | At |

At 1/11/23 | in funds | 31/10/25 |

£ | £ | £ |

| Unrestricted fund | 42,610 |  | 102,424 |  | 145,034 |  |

| Restricted fund

| Restricted Funds | 5,761 |  | - |  | 5,761 |  |

| TOTAL FUNDS | 48,371 |  | 102,424 |  | 150,795 |  |

FLUXUS ART PROJECTS

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 OCTOBER 2025

6. | MOVEMENT IN FUNDS - continued

| Net movement in funds included in the above are as follows:

Incoming | Resources | Movement |

resources | expended | in funds |

£ | £ | £ |

| Unrestricted fund | 588,550 |  | (486,126 | ) | 102,424 |  |

| TOTAL FUNDS | 588,550 |  | (486,126 | ) | 102,424 |  |

7. | RELATED PARTY DISCLOSURES

| There were no related party transactions for the year ended 31 October 2025.