THE ACADEMY FOR THEATRE ARTS LTD
To advance the edication and training of the public in areas of social and economic deprivation( which are in the Midlands) in the performing arts, in particular in music and theatre.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves are negative at £106,580, supported by a directors loan account. The trustees acknowledge that without future funding, liquidation would be necessary to avoid insolvent trading, though directors have committed to supporting the company for the foreseeable future.
What the accounts disclose
“The period-end position shows that unrestricted reserves are (£106,580)” — page 4
“The Trustees are aware that in the absence of funding becoming available within a reasonable timescale, a decision to liquidate the company would need to be implemented to avoid Insolvent trading. The directors are willing to support the company for the foreseeable future.” — page 8
Property (HM Land Registry)
Trustees
- Derrick Adams
- Jill Alcock
- PHILIP JAMES ALCOCK
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £251k | £271k |
| 31/08/2024 | £219k | £213k |
| 31/08/2023 | £177k | £201k |
| 31/08/2022 | £137k | £204k |
| 31/08/2021 | £242k | £200k |
Common questions
Is THE ACADEMY FOR THEATRE ARTS LTD financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves are negative at £106,580, supported by a directors loan account. The trustees acknowledge that without future funding, liquidation would be necessary to avoid insolvent trading, though directors have committed to supporting the company for the foreseeable future. Its FY2025 accounts were independently examined.