CROYDON WITH TALENT LTD
Croydon With Talent (CWT) is a Charity that uses creative arts for social change. CWT particularly supports local young people between 14-24 through it's 'ARTS ME' project.A rolling 9-12 week program which incorporates script writing, musical composition, theatrical performance with a staged event at the end.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £2,875 for the year ended 31 August 2025, reducing its unrestricted reserves from £7,186 to £4,311. The trustees consider there are no material uncertainties regarding the charity's ability to continue as a going concern. However, the independent examiner noted that the charity has been advised to tighten its financial controls and procedures due to difficulties in verifying payment accuracy.
What the accounts disclose
“The Directors aim to ensure the charity will be able to continue to fulfil its charitable objectives even if there is a temporary shortfall in income or unexpected expenditure. The directors will endeavour not to set aside funds unnecessarily.”
“which gives me reasonable cause to believe that in, any material respect, the trustees requirements: · to keep accounting records in accordance with section 386 of the Companies Act 2006; and · to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of recommended Practice: Accounting and Reporting by Charities. have not been met” — page 19
“During the financial year Jania Facey (Relation to Trustee Mr S. Facey) received £3,420 in salary related payments in furtherance of the Charity's objects.” — page 18
“During the financial year Jania Facey (Relation to Trustee Mr S. Facey) received £3,420 in salary related payments in furtherance of the Charity's objects.” — page 18
“The Directors of Croydon with Talent Ltd have been advised of their need to tighten their financial controls and procedures. These accounts have been prepared from the records and information supplied and reconciled to the bank statements. As part of payments are made using cash and cheques, it is difficult to be sure of the accuracy of nature of the payments shown. It has been necessary to assume that invoices were settled. The charity has been advised for the need to tighten up its financial controls and to review their financial procedures.” — page 18
Property (HM Land Registry)
Trustees
- David Prince
- LOIS FACEY
- SAMUEL FACEY
- Vieta Mckenzie
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £74k | £77k |
| 31/08/2024 | £93k | £98k |
| 31/08/2023 | £66k | £60k |
| 31/08/2022 | £45k | £48k |
| 31/08/2021 | £69k | £51k |
Common questions
Is CROYDON WITH TALENT LTD financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net deficit of £2,875 for the year ended 31 August 2025, reducing its unrestricted reserves from £7,186 to £4,311. The trustees consider there are no material uncertainties regarding the charity's ability to continue as a going concern. However, the independent examiner noted that the charity has been advised to tighten its financial controls and procedures due to difficulties in verifying payment accuracy. Its FY2025 accounts were independently examined.