THE PLOUGH ARTS CENTRE LIMITED

Registered charity 1093715 · accounts filings on the Charity Commission register · also known as THE PLOUGH

To promote, maintain, improve, encourage and provide public education in the arts including the artsof drama, music, singing, dance, painting, sculpture, literature, cinematography and handicrafts.To provide facilities in the interest of social welfare for the recreation and leisure time occupation ofthe public with particular regard to Torrington and its surrounding district.

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

Latest income
£887k
Latest spending
£728k
Registered
2002
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net income of £198,282, largely driven by a £200,000 gifted freehold property, while operational activities incurred a deficit. The trustees acknowledge that unrestricted reserves are currently below their designated closure contingency policy target of £50,000 and have secured additional funding to mitigate closure risks.

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

What the accounts disclose

Reserves position: below the charity's own stated reserves policy (held: £229k; policy: £50,000)
“Currently the Trustees consider the fund to be below this level” — page 5
Per its FY2025 accounts as filed with the Charity Commission.
Going concern: noted by the trustees or auditor
“The Chief Executive and Trustees decided to seek additional funding to underpin core costs over the next 2 years. It was calculated that an extra £60,000 was needed to mitigate the risk of closure.” — page 5
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: The charity was owed £30,289 by its trading subsidiary, The Plough Arts Centre (Trading) Ltd.
“At the balance sheet date the charity was owed £30,289 by its trading subsidiary, The Plough Arts Centre (Trading) Ltd.” — page 29
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: The Plough Arts Centre (Trading) Ltd
“The charity has a trading subsidiary, The Plough Arts Centre (Trading) Ltd, which operates a cafe.” — page 7
Per its FY2025 accounts as filed with the Charity Commission.

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

Public fundraising profile: JustGiving — The Plough Arts Centre (matched by registered charity number).

Funders the charity credits

Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).

Property (HM Land Registry)

1 registered title in England and Wales held by the charity’s company or corporate body (1 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

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

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

Total income
£887k
Total spending
£728k
Cost of raising funds
£29k
Reserves (reported)
£229k
Employees
14

Reported reserves equal ~3.8 months of spending — below the median for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (56% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 3.2% of total income — below the median for charities its size (4.9%) (benchmarks).

Trustees · trustee networks

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

Operates in: Devon

Income and spending

Financial year endIncomeSpending
31/03/2025£887k£728k
31/03/2024£606k£669k
31/03/2023£471k£598k
31/03/2022£477k£582k
31/03/2021£533k£370k

Common questions

Is THE PLOUGH ARTS CENTRE LIMITED financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a net income of £198,282, largely driven by a £200,000 gifted freehold property, while operational activities incurred a deficit. The trustees acknowledge that unrestricted reserves are currently below their designated closure contingency policy target of £50,000 and have secured additional funding to mitigate closure risks. Its FY2025 accounts were independently examined.

Who funds THE PLOUGH ARTS CENTRE LIMITED?

Funders whose own accounts filings name THE PLOUGH ARTS CENTRE LIMITED as a grant recipient include THE CLARE MILNE TRUST.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
THE CLARE MILNE TRUSTFY2025£30k
THE CLARE MILNE TRUSTFY2023£4k

Government & lottery funding

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

FunderDateAmountPurpose
UK government08/02/2024£245kCapital Investment Programme
The National Lottery Community Fund02/02/2024£20kEverybody can take part
The National Lottery Community Fund26/07/2023£80kReady Steady Go
UK government13/10/2022£120kNational Portfolio Organisations
UK government13/10/2022£120kNational Portfolio Organisations
The National Lottery Community Fund01/04/2022£8kJubilee
The National Lottery Community Fund04/03/2022£10kPrism and Motion for adults with disabilities
The National Lottery Community Fund18/10/2019£9kOpening Doors

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 CRANLEIGH ARTS CENTRE LIMITED.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE PLOUGH ARTS CENTRE LIMITED£887k—0below—noted
THE CRANLEIGH ARTS CENTRE LIMITED FY2025£482k—0unclear—no doubt
THEATR CLWYD TRUST LTD FY2025£8.8m——unclear—no doubt
MERLIN THEATRE TRUST LIMITED FY2025£270k—0above9.6%no doubt
NORTHAMPTONSHIRE ARTS MANAGEMENT TRUST FY2025£11.6m——below—no doubt
GREATER MANCHESTER ARTS CENTRE LIMITED FY2025£7.2m——above—no doubt

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