IMPROBABLE

Registered charity 1155695 · accounts filings on the Charity Commission register

Improbable has been presenting award-winning theatre, from very small scale performances to large scale plays and operas, for 20 years. We add high-quality work to the cultural landscape, and tour our work as much as possible to benefit those living outside London. We also run Open Space forums around the state of the arts and contemporary theatre practice.

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

Latest income
£549k
Latest spending
£538k
Registered
2014
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that unrestricted reserves stood at £224,040 at the end of the year, with the trustees noting that the level sits at £235,540 when including restricted funds. The filing indicates that the charity's activities are dependent on uncertain funding streams, yet the trustees remain satisfied that the going concern basis is appropriate.

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

What the accounts disclose

Going concern: noted by the trustees or auditor
“The charitable activities are entirely dependent on continuing grant aid and voluntary donations as well as trading revenues. As a consequence, the going concern basis is dependent on the future flow of these uncertain funding streams.” — page 21
Per its FY2025 accounts as filed with the Charity Commission.

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

Public fundraising profile: JustGiving — Improbable (matched by registered charity number).

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

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

Total income
£549k
Total spending
£538k
Cost of raising funds
£12k
Reserves (reported)
£224k
Employees
7

Reported reserves equal ~5.0 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 (65% 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: 2.1% 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: Throughout England · United States

Income and spending

Financial year endIncomeSpending
31/03/2025£549k£538k
31/03/2024£632k£633k
31/03/2023£549k£577k
31/03/2022£398k£455k
31/03/2021£470k£309k

Common questions

Is IMPROBABLE financially healthy?

Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £224,040 at the end of the year, with the trustees noting that the level sits at £235,540 when including restricted funds. The filing indicates that the charity's activities are dependent on uncertain funding streams, yet the trustees remain satisfied that the going concern basis is appropriate. Its FY2025 accounts were independently examined.

Government & lottery funding

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

FunderDateAmountPurpose
The National Lottery Community Fund26/11/2021£10kMaternal Journal Exeter
The National Lottery Community Fund12/09/2019£10kMothers Who Make - Devon