The Underfall Yard Trust

Analysis

The Underfall Yard Trust is a registered charity in England and Wales, based in Bristol. It was registered in November 1994, 32 years ago. Its declared purposes cover general charitable purposes, arts/culture/heritage/science, environment/conservation/heritage and economic/community development/employment, which this site groups under arts, culture, heritage and science. Legally it is a charitable company (Companies House number 02885156). It says it provides buildings/facilities/open space.

In the financial year ending March 2025, The Underfall Yard Trust reported income of £1.1m and spending of £1.1m, spending 102% of its income. Across the 5 years on record, from March 2021 to March 2025, income grew from £395k to £1.1m (+180%), an average of +29% a year. The sharpest change came in the year to March 2025, when income rose by 51%. Over the whole period it spent 103% of the income it received.

Among 17,634 England and Wales charities whose main cause is arts, culture, heritage and science and that reported income, The Underfall Yard Trust sits at the 95th percentile: it is larger than about 95% of them. Against every charity in England and Wales with reported income it ranks in the 94th percentile. Charities of a similar size with the same main cause include North Craven Building Preservation Trust (£1.1m), Anthroposophical Association Limited (£1.1m) and Forum for Jewish Leadership Limited (£1.1m).

In its latest detailed accounts, income came from charitable activities 59% and donations and legacies 4.1%. Charitable activities took 71% of spending and raising funds 29%. Reserves of £409k would cover about 4 months of spending at that rate. It employed 15 people.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.