GLADRAGS COMMUNITY COSTUME TRUST
Provides affordable costume hire, educational resource boxes and practical assistance to: schools/ colleges, community/ youth groups, charities/ not for profit organisations, amateur/ fringe arts. Delivers a Community Outreach Programme of educational sewing-based workshops; interactive storytelling / reminiscence/ dressing-up activities. Promotes costume re-use, by re-styling or rehoming.
Financial health, per its FY2025 accounts
The accounts state that total income for the year was £85,036, with hire revenue contributing £53,116. The trustees report that reserves dipped during the year, prompting the development of a new revenue strategy, although they maintain a stated minimum unrestricted reserves target of £8,000 to guarantee organisational viability.
What the accounts disclose
“Collectively, hire revenue raised £53,116, representing nearly two-thirds of our total annual income of £85,036.” — page 19
“Reserves are reviewed quarterly, with target minimums set at: £18,000 as a minimum to ensure optimal operational continuity. £8,000 as the bare minimum unrestricted reserves to guarantee organisational viability at any given time.” — page 20
Trustees
- HEATHER MAE BUTLERchair
- John William Adams
- Kathryn Nicola Coleman
- Neil Border
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £85k | £110k |
| 31/03/2024 | £101k | £105k |
| 31/03/2023 | £91k | £88k |
| 31/03/2022 | £64k | £75k |
| 31/03/2021 | £95k | £56k |
Common questions
Is GLADRAGS COMMUNITY COSTUME TRUST financially healthy?
Per its FY2025 accounts: The accounts state that total income for the year was £85,036, with hire revenue contributing £53,116. The trustees report that reserves dipped during the year, prompting the development of a new revenue strategy, although they maintain a stated minimum unrestricted reserves target of £8,000 to guarantee organisational viability.