CYGNET TRAINING THEATRE & CYGNET RESEARCH LIBRARY
Dedicated to the training of professional actors and to continue presentation theatre and theatrical experience, and to providing research opportunities for Artists in Residence.
Financial health, per its FY2025 accounts
The accounts state that the charity incurred a net outgoing of £27,376 for the year, reducing its total fund balance to £207,648. The trustees report that the charity is reliant on trustee support and loans to continue in operational existence, noting a commitment to securing other funding sources. Additionally, the charity is looking to sell a property to raise funds and cut costs following the death of a life tenant.
What the accounts disclose
“Fundraising and publicity expenses decreased by £161 to £2,705 (2024: £2,866).” — page 6
“The Trustees aim to hold sufficient reserves to cover running costs for 3 months. This equates to approximately £27,000.” — page 6
“The charity is currently reliant on support from the trustees to continue in operational existence. The trustees have indicated their ongoing commitment to supporting the charity through unrestricted funding and loans, and their commitment to obtaining other sources of funding to secure the financial future of the charity and further the charitable objectives.” — page 11
“The charity has free use of the theatre which is owned by a discretionary trust of which Mary Evans was a trustee until her death.” — page 22
Trustees
- GAIL PARFITT
- Lucy Hermione Vanner Corley
- Nigel Damien Paul
- ROSALIND MARY WILLIAMS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £91k | £118k |
| 31/08/2024 | £92k | £116k |
| 31/08/2023 | £97k | £98k |
| 31/08/2022 | £115k | £151k |
| 31/08/2021 | £139k | £103k |
Common questions
Is CYGNET TRAINING THEATRE & CYGNET RESEARCH LIBRARY financially healthy?
Per its FY2025 accounts: The accounts state that the charity incurred a net outgoing of £27,376 for the year, reducing its total fund balance to £207,648. The trustees report that the charity is reliant on trustee support and loans to continue in operational existence, noting a commitment to securing other funding sources. Additionally, the charity is looking to sell a property to raise funds and cut costs following the death of a life tenant. Its FY2025 accounts were independently examined.
Who funds CYGNET TRAINING THEATRE & CYGNET RESEARCH LIBRARY?
Funders whose own accounts filings name CYGNET TRAINING THEATRE & CYGNET RESEARCH LIBRARY as a grant recipient include THE DORFMAN FOUNDATION, MOTHER AND CHILD WELFARE ORGANISATION, Moto Foundation.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE DORFMAN FOUNDATION | FY2022 | £13k | |
| MOTHER AND CHILD WELFARE ORGANISATION | FY2022 | £2k | General Donations |
| Moto Foundation | FY2022 | £250 | Community Grant |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 21/08/2024 | £20k | New Moodz |