Art Services Grants Limited known as SPACE is constituted as a company limit by guarantee and is registered for charitable purposes with the Charity Commission, Charity Registration No. 267021
Set up in 1968, in 1974 it was formally registered as a Charity and incorporated as a company limited by guarantee which does not have a share capital. The company is established under a memorandum of association and is governed by its articles of association.
The Members of the company are:
– any studio licence holder (excluding any sub-licensee)
– any salaried employee who has successfully completed their probation period, and any person who has been employed by the charity on a contract of at least three months.
The Trustees are the directors of the company. They do not have any financial interest in the company nor are there any significant contracts in which any Trustee has a material interest.