TAKE 1 STUDIOS LIMITED

Registered charity 1145203 · accounts filings on the Charity Commission register

The focus of our activities continues to support those that are socially excluded and develop plans and activities to benefit the community served. This benefits young people by developing their self-confidence and social skills alongside practical IT skills and life skills. We welcome all young people regardless of personal background, faith, gender or personal circumstances.

Objects

TO PROMOTE SOCIAL INCLUSION FOR THE PUBLIC BENEFIT BY WORKING WITH PEOPLE IN NOTTINGHAM WHO ARE SOCIALLY EXCLUDED, TO RELIEVE THE NEEDS OF SUCH PEOPLE AND ASSIST THEM TO INTEGRATE INTO SOCIETY, IN PARTICULAR BY THE PROVISION OF EDUCATION, TRAINING AND SUPPORT.FOR THE PURPOSE OF THIS CLAUSE ‘SOCIALLY EXCLUDED’ MEANS BEING EXCLUDED FROM SOCIETY, OR PARTS OF SOCIETY, AS A RESULT OF ONE OF MORE OF THE FOLLOWING FACTORS: UNEMPLOYMENT; FINANCIAL HARDSHIP; YOUTH; ILL HEALTH (PHYSICAL OR MENTAL); SUBSTANCE ABUSE OR DEPENDENCY INCLUDING ALCOHOL AND DRUGS; DISCRIMINATION ON THE GROUNDS OF SEX, RACE, DISABILITY, ETHNIC ORIGIN, RELIGION, BELIEF, CREED, OR SEXUAL ORIENTATION; POOR EDUCATIONAL OR SKILLS ATTAINMENT; RELATIONSHIP AND FAMILY BREAKDOWN; POOR HOUSING (THAT IS HOUSING THAT DOES NOT MEET BASIC HABITABLE STANDARDS); CRIME (EITHER AS A VICTIM OF CRIME OR AS AN OFFENDER REHABILITATING INTO SOCIETY)

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Education/training · The Prevention Or Relief Of Poverty · Arts/culture/heritage/science · Recreation · website · Get email alerts

Latest income
£578k
Latest spending
£667k
Registered
2011
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity incurred a net expenditure of £88,218 for the year ended 31 March 2025, resulting in total funds of £221,282. The trustees have set a reserves policy target sufficient to cover six months of operating expenses, while the actual unrestricted reserves stood at £197,015. The trustees acknowledge they are actively seeking further funding to continue providing their program of activities.

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

What the accounts disclose

Largest income source: Education, music and dance provision (99% of income)
“Education, music and dance provision 572,738” — page 14
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: six months of unrestricted expenditure (held: £197k)
“the Trustees have set the minimum level of reserves at an amount sufficient to cover all normal operating expenses for a six month period.” — page 5
Per its FY2025 accounts as filed with the Charity Commission.
Payments to trustees: R.Choudhury was paid £250 For his Massage services at our Health is wealth event.
“R.Choudhury was paid £250 For his Massage services at our Health is wealth event.” — page 19
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: R.Choudhury was paid £250 For his Massage services at our Health is wealth event.
“R.Choudhury was paid £250 For his Massage services at our Health is wealth event.” — page 19
“H.Touray has been a dance teacher since September 2022 and is the Daughter Of Miss E.Peck.” — page 19
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: H.Touray has been a dance teacher since September 2022 and is the Daughter Of Miss E.Peck.
“R.Choudhury was paid £250 For his Massage services at our Health is wealth event.” — page 19
“H.Touray has been a dance teacher since September 2022 and is the Daughter Of Miss E.Peck.” — page 19
Per its FY2025 accounts as filed with the Charity Commission.

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

In its annual return the charity told the Commission it is also regulated by: Ofsted (Office For Standards In Education). This is the charity’s own declaration; it is not a rating and has not been verified by the Commission or by this site.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

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

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

Total income
£578k
Total spending
£667k
Reserves (reported)
£193k
Employees
15

Reported reserves equal ~3.5 months of spending — below the median for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Charitable activities (100% 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 (4.9%) (benchmarks).

Trustees · trustee networks

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

Operates in: Nottingham City

Income and spending

Financial year endIncomeSpending
31/03/2025£578k£667k
31/03/2024£575k£509k
01/04/2023£426k£400k
01/04/2022£372k£383k
01/04/2021£362k£287k

Common questions

Is TAKE 1 STUDIOS LIMITED financially healthy?

Per its FY2025 accounts: The accounts state that the charity incurred a net expenditure of £88,218 for the year ended 31 March 2025, resulting in total funds of £221,282. The trustees have set a reserves policy target sufficient to cover six months of operating expenses, while the actual unrestricted reserves stood at £197,015. The trustees acknowledge they are actively seeking further funding to continue providing their program of activities. Its FY2025 accounts were independently examined.

Who funds TAKE 1 STUDIOS LIMITED?

Funders whose own accounts filings name TAKE 1 STUDIOS LIMITED as a grant recipient include Advance Nottingham.

Known funders

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

FunderYearAmountPurpose (as stated by the funder)
Advance NottinghamFY2023£13k
Advance NottinghamFY2022£8kRestricted
Advance NottinghamFY2025£8k
Advance NottinghamFY2024£6k

Government & lottery funding

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

FunderDateAmountPurpose
The National Lottery Community Fund28/09/2023£397kKind Minds
The National Lottery Community Fund11/08/2023£10kMH - We Are A Voice Not An Echo
The National Lottery Community Fund11/07/2019£10kAll Together Now
The National Lottery Community Fund25/06/2019£414kTake 1 Studios
The National Lottery Community Fund29/09/2016£8kCulture Clash Festival
The National Lottery Community Fund14/03/2013£7kDark Angels
The National Lottery Community Fund05/03/2010£10kHealth and Beauty Project
The National Lottery Heritage Fund01/08/2007£50k"Hip Hop Heritage"
The National Lottery Community Fund13/01/2006£5kMusic workshops