East London art gallery Limoncello has announced that it has closed. The space was set up in 2007 by artist Rebecca May Marston after the end of Associates, a one-year project of 12 solo exhibitions that she founded with her artist husband, Ryan Gander.

The gallery regularly exhibited at art fairs including Frieze and co-organised the London edition of the Sunday Art Fair.

Limoncello represented 14 artists at the time of closing, including Bedwyr Williams, Sean Edwards, Kate Owens and Holly Hendry.

Hendry, who graduated from the Royal College of Art in 2016, spoke recently to a-n News about what it meant to be represented by the gallery.

She said: “Limoncello saw my degree show and asked me to show with them and be represented by them which was a complete shock and delight to me. They’re a gallery whom I’ve admired for a long time. It feels really nice to be part of that team and it’s really exciting long-term.”

Explaining the closure, May Marston said by email: “I don’t have very interesting information; it closed for obvious reasons, mainly that the numbers didn’t add up – it was a non-funded non-profit masquerading as a business.”

She added that she currently had no specific plans for the future.

An earlier version of this article stated that Limoncello was set up as a non-profit; this was incorrect. It also misspelt Rebecca May Marston’s surname; this has now been corrected.

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