The Bankside Arts Training Trust final liquidation meeting has been held leaving eleven SE1 businesses owed money.
Debts reached £87,829 with businesses in SE1 losing a total of £12,065.
Bankside Arts Training Trust was set up in 1999 with a view to promoting "a culture of inclusion in the arts and culture industries through training and meaningful employment of local people".
This was just a year before the opening of Tate
Modern in an area where the Jerwood and other arts projects were already establishing a presence. The charity's aim was to point SE1 residents towards the new employment opportunities.
The office in Bermondsey closed last February.
Although based in SE1, PricewaterhouseCoopers held the meeting at its Bournemouth office. No creditors were present.