TEAM COLLECTIVE CYMRU CHARITY

Registered charity 1127952 · accounts filings on the Charity Commission register · also known as NATIONAL THEATRE OF WALES, THE NATIONAL THEATRE OF WALES

To promote and assist in the advancement of the education of the public so far as this shall be charitable and in particular to procure the performance of an increase in the understanding of the dramatic arts in all their forms in Wales and elsewhere primarily through the English language.

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

Latest income
£446k
Latest spending
£675k
Registered
2009
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported an unrestricted deficit of £236,780 for the year, reducing its unrestricted reserves to £229,427. The trustees note that the organization is awaiting a £124,000 Theatre Tax Relief payment and consider its receipt necessary to continue as a going concern, though they acknowledge a material uncertainty exists if this payment is not received.

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

What the accounts disclose

Reserves policy: approximately £80,000 (held: £229k)
“At present, the Trustees estimate that the Unrestricted Reserves required for such purposes amount to approximately £80,000.”
Per its FY2025 accounts as filed with the Charity Commission.
Going concern: material uncertainty disclosed
“However, if the payment is not received, this represents a material uncertainty which may cast doubt on the organisation’s ability to continue as a going concern in 2026/27.” — page 20
Per its FY2025 accounts as filed with the Charity Commission.
Payments to trustees: S Gilburd received £6,000 for professional services as Transition Director/Interim Executive Director.
“In the year to 31 March 2025, fees of £6,000 were paid to S Gilburd, a Trustee, for their professional services as Transition Director/Interim Executive Director.” — page 33
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Trustee payment for professional services
“In the year to 31 March 2025, fees of £6,000 were paid to S Gilburd, a Trustee, for their professional services as Transition Director/Interim Executive Director.” — page 33
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: NTW Productions Limited
“The charity also has a wholly-owned trading subsidiary, NTW Productions Limited, via which the delivery of its productions is transacted.” — page 4
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Structured financials (annual return, FY ending 31/03/2024)

Total income
£2.2m
Total spending
£2.4m
Cost of raising funds
£285
Reserves (reported)
£466k
Employees
42

Reported reserves equal ~2.4 months of spending — in the bottom quarter for charities its size (median 7.0 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (76% 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: 0.0% of total income — below the median for charities its size (2.9%) (benchmarks).

Trustees · trustee networks

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

Operates in: Throughout Wales

Income and spending

Financial year endIncomeSpending
31/03/2025£446k£675k
31/03/2024£2.2m£2.4m
31/03/2023£4.9m£6.6m
31/03/2022£5.2m£3.7m
31/03/2021£2.0m£1.7m

Common questions

Is TEAM COLLECTIVE CYMRU CHARITY financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported an unrestricted deficit of £236,780 for the year, reducing its unrestricted reserves to £229,427. The trustees note that the organization is awaiting a £124,000 Theatre Tax Relief payment and consider its receipt necessary to continue as a going concern, though they acknowledge a material uncertainty exists if this payment is not received. Its FY2025 accounts were independently examined.

Who funds TEAM COLLECTIVE CYMRU CHARITY?

Funders whose own accounts filings name TEAM COLLECTIVE CYMRU CHARITY as a grant recipient include MARIA BJORNSON MEMORIAL FUND.

Known funders

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

FunderYearAmountPurpose (as stated by the funder)
MARIA BJORNSON MEMORIAL FUNDFY2024£8k

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 COLCHESTER MERCURY THEATRE LIMITED.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
TEAM COLLECTIVE CYMRU CHARITY£446k——unclear—material uncertainty
COLCHESTER MERCURY THEATRE LIMITED FY2025£5.8m—4unclear—no doubt
SHERMAN CYMRU FY2025£2.6m£60,001 - £70,0002above—no doubt
CREU CYMRU FY2025£206k—0unclear—no doubt
COLLEGES WALES / COLEGAU CYMRU FY2025£2.4m—0unclear—no doubt
THEATR GENEDLAETHOL CYMRU FY2025£1.5m£60,001 - £70,0002unclear—no doubt

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