PUPPET PLACE TRUST LTD
resource and development agency for puppetry in the South West
Financial health, per its FY2025 accounts
The accounts state that the charity achieved a small surplus of £6,497 for the year ended 31 March 2025, improving from a loss in the previous year. Per the trustees' report, free unrestricted reserves stood at £15,272, which exceeds the stated policy target of £14,000 (representing three months of anticipated operating costs). However, the trustees highlight an ongoing operational risk regarding lease negotiations for their premises, describing the current tenancy situation as precarious.
What the accounts disclose
“The Board of Trustees has agreed a Reserves policy whereby free reserves of £14,000, representing 3 months of anticipated operating costs must be held.” — page 11
“There is an operational risk to the charity regarding security of leased premises, however the trustees do not consider that this affects the going concern status of the charity.” — page 16
“The charity paid Cat Rock, a trustee, a total of £1,800 this financial year (2024: £1,800) in return for social media services during the year.” — page 24
“The charity paid Joanne Kelley, a trustee, a total of £690 this financial year (2024: £nil) for tasks carried out as part of the Arts Council England Development Funding Project (Architectural Bubble Mapping).” — page 24
“The charity paid Cat Rock, a trustee, a total of £1,800 this financial year (2024: £1,800) in return for social media services during the year.” — page 24
“The charity paid Joanne Kelley, a trustee, a total of £690 this financial year (2024: £nil) for tasks carried out as part of the Arts Council England Development Funding Project (Architectural Bubble Mapping).” — page 24
“The charity paid Cat Rock, a trustee, a total of £1,800 this financial year (2024: £1,800) in return for social media services during the year.” — page 24
“The charity paid Joanne Kelley, a trustee, a total of £690 this financial year (2024: £nil) for tasks carried out as part of the Arts Council England Development Funding Project (Architectural Bubble Mapping).” — page 24
“The charity paid Cat Rock, a trustee, a total of £1,800 this financial year (2024: £1,800) in return for social media services during the year.” — page 24
“The charity paid Joanne Kelley, a trustee, a total of £690 this financial year (2024: £nil) for tasks carried out as part of the Arts Council England Development Funding Project (Architectural Bubble Mapping).” — page 24
“The charity paid Cat Rock, a trustee, a total of £1,800 this financial year (2024: £1,800) in return for social media services during the year.” — page 24
“The charity paid Joanne Kelley, a trustee, a total of £690 this financial year (2024: £nil) for tasks carried out as part of the Arts Council England Development Funding Project (Architectural Bubble Mapping).” — page 24
Trustees
- Andrew Webb
- Cariad Ann Astles
- Chris Mark Pirie
- Dr Noreen Masud
- Ian Royce Wilkinson
- Isabella Whately
- Joanne Kelly
- Laura Louise Burr
- Rhys Williamson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £62k | £56k |
| 31/03/2024 | £42k | £57k |
| 31/03/2023 | £39k | £49k |
| 31/03/2022 | £39k | £43k |
| 31/03/2021 | £72k | £41k |
Common questions
Is PUPPET PLACE TRUST LTD financially healthy?
Per its FY2025 accounts: The accounts state that the charity achieved a small surplus of £6,497 for the year ended 31 March 2025, improving from a loss in the previous year. Per the trustees' report, free unrestricted reserves stood at £15,272, which exceeds the stated policy target of £14,000 (representing three months of anticipated operating costs). However, the trustees highlight an ongoing operational risk regarding lease negotiations for their premises, describing the current tenancy situation as precarious. Its FY2025 accounts were independently examined.