THE ROYAL CORNWALL POLYTECHNIC SOCIETY LIMITED

Registered charity 1081199 · accounts filings on the Charity Commission register · also known as FALMOUTH ARTS CENTRE, THE POLY

The principal activities of the charity are to educate and encourage the public in all aspects of the Arts Sciences Crafts and History with particular reference to the County of Cornwall.

Causes: Education/training · Arts/culture/heritage/science · website · Get email alerts

Latest income
£544k
Latest spending
£623k
Registered
2000
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net outgoing resource of £71,677 for the fifteen-month period ended 31 March 2025, resulting in a decrease in total funds from £611,806 to £540,128. The trustees note that the charity is on an upward growth trajectory following post-pandemic recovery but faces challenges from economic uncertainty and high inflation, while also managing a significant capital project requiring match funding.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: six months' worth /50% of operating costs (£150k) (held: £448k)
In line with best practice, we will in any case ensure that six months' worth /50% of operating costs (£150k) is available in the case of serious financial difficulty, which may require drawing on designated fund investments. — page 19
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: C Midson, trustee, was paid £9,773 in respect of services provided during the year.
C Midson, trustee, was paid £9,773 (2023: £8,039) in respect of services provided during the year. — page 40
L Harry, partner of Trustee T Parnell, paid the Chairity £335 (2023: nil) for services provided during the year. — page 40
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: L Harry, partner of Trustee T Parnell, paid the Charity £335 for services provided during the year.
C Midson, trustee, was paid £9,773 (2023: £8,039) in respect of services provided during the year. — page 40
L Harry, partner of Trustee T Parnell, paid the Chairity £335 (2023: nil) for services provided during the year. — page 40
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Public profiles (found on the charity’s own website): facebook · instagram

Structured financials (annual return, FY ending 31/03/2025)

Total income
£544k
Total spending
£623k
Reserves (reported)
£14k
Employees
7

Reported reserves equal ~0.3 months of spending — in the bottom quarter for charities its size (median 5.2 months; benchmarks).

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Cornwall

Income and spending

Financial year endIncomeSpending
31/03/2025£544k£623k
31/12/2023£387k£486k
31/12/2022£309k£382k
31/12/2021£228k£306k
31/12/2020£374k£230k

Common questions

Is THE ROYAL CORNWALL POLYTECHNIC SOCIETY LIMITED financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a net outgoing resource of £71,677 for the fifteen-month period ended 31 March 2025, resulting in a decrease in total funds from £611,806 to £540,128. The trustees note that the charity is on an upward growth trajectory following post-pandemic recovery but faces challenges from economic uncertainty and high inflation, while also managing a significant capital project requiring match funding. Its FY2025 accounts were independently examined.

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
The National Lottery Heritage Fund06/12/2017£10k"Discovering Falmouth in World War One"

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE CORNWALL HERITAGE TRUST LIMITED.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE ROYAL CORNWALL POLYTECHNIC SOCIETY LIMITED£544k0unclearno doubt
THE CORNWALL HERITAGE TRUST LIMITED FY2025£1.2m0unclearno doubt
LITTLE PARC OWLES TRUST FY2024£103k0aboveno doubt
THE ROYAL INSTITUTION OF CORNWALL FY2025£3.1munclearno doubt
CORNWALL CARE LIMITED FY2025£34.6m0unclearnot going concern
THE ROYAL CORNWALL AGRICULTURAL ASSOCIATION FY2025£3.4m£85,001 - £95,0001unclearno doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.