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
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).
- Great Torrington Town Council — “The Plough Arts Centre is delighted to acknowledge the financial support of: Great Torrington Town Council, Torrington Town and Lands Charit…” (source page)
- Torrington Town and Lands Charities — “The Plough Arts Centre is delighted to acknowledge the financial support of: Great Torrington Town Council, Torrington Town and Lands Charit…” (source page)
- Devon County Council — “The Plough Arts Centre is delighted to acknowledge the financial support of: Great Torrington Town Council, Torrington Town and Lands Charit…” (source page)
- Torridge District Council — “The Plough Arts Centre is delighted to acknowledge the financial support of: Great Torrington Town Council, Torrington Town and Lands Charit…” (source page)
- Arts Council England — “The Plough Arts Centre is delighted to acknowledge the financial support of: Great Torrington Town Council, Torrington Town and Lands Charit…” (source page)
- The UK Culture Recovery Fund — “The Plough Arts Centre is delighted to acknowledge the financial support of: Great Torrington Town Council, Torrington Town and Lands Charit…” (source page)
- The National Lottery Community Fund — “The Plough Arts Centre is delighted to acknowledge the financial support of: Great Torrington Town Council, Torrington Town and Lands Charit…” (source page)
- Boshier Hinton — “The Plough Arts Centre is delighted to acknowledge the financial support of: Great Torrington Town Council, Torrington Town and Lands Charit…” (source page)
- Barnstaple Town Council — “The Plough Arts Centre is delighted to acknowledge the financial support of: Great Torrington Town Council, Torrington Town and Lands Charit…” (source page)
- Davie Barnstaple Trust — “The Plough Arts Centre is delighted to acknowledge the financial support of: Great Torrington Town Council, Torrington Town and Lands Charit…” (source page)
- Garfield Weston — “The Plough Arts Centre is delighted to acknowledge the financial support of: Great Torrington Town Council, Torrington Town and Lands Charit…” (source page)
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)
Cost of raising funds
£29k
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).
- David Michael Sheppard
- Dawn Amanda Stabb
- Deborah Ann Kent
- Jilly Collins · trustee of 4 other charities
- Margaret Claire Stevens
- Melanie Mary Richardson
- Trudy Weston
Trustee list from the Charity Commission register (current, not historical).
Operates in: Devon
Income and spending
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.
Government & lottery funding
Grants to this charity published as open data by government and lottery funders (360Giving).
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
Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.