THE FACTORY OF CREATIVITY

Registered charity 1183251 · accounts filings on the Charity Commission register

The Factory of Creativity is the Charity name for Hope Mill Theatre which is a small independent theatre based in a grade 2 cotton mill in Ancoats, Manchester which is an area of social deprivation. Hope Mill hopes to grow, letting in new voices and expertise, new ways to support staff, and make the theatre more financially sustainable, develop ways to nurture skills in local people, young and old

Objects

A) TO ADVANCE PUBLIC APPRECIATION OF THE PERFORMING AND VISUAL ARTS (INCLUDING, DRAMA, MUSIC, DANCE AND ART) BY THE PRESENTATION OF PERFORMANCES AND EXHIBITIONS.B) TO ADVANCE THE EDUCATION OF THE PUBLIC IN THE KNOWLEDGE, UNDERSTANDING AND APPRECIATION OF THE PERFORMING ARTS (INCLUDING, DRAMA, MUSIC AND DANCE,) IN PARTICULAR, BUT NOT EXCLUSIVELY, BY ENCOURAGING AND FACILITATING THE PRACTICE OF PERFORMING ARTS THROUGH PERFORMANCES AND EXHIBITIONS AND THE PROVISION OF WORKSHOPS AND INSIGHT OPPORTUNITIES.

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

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

Registered contact address: Manchester, North West, England (from the postcode on the register)

Latest income
£2.0m
Latest spending
£2.0m
Registered
2019
Accounts read
FY2026

Financial health, per its FY2026 accounts

The accounts state that the charity ended the year with negative unrestricted reserves of £65,360, which is below the trustees' stated policy target of £300,000. Despite this deficit, the auditor has reported a material uncertainty regarding the charity's ability to continue as a going concern, although the opinion remains unmodified.

Automated summary of the FY2026 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Highest-paid employee band: £60,001 - £70,000 — below the median for charities its size (£70k)
“The number of employees whose emoluments fell within the following bands was: 2026 No 2 £60,001 - £70,000” — page 26
Per its FY2026 accounts as filed with the Charity Commission.
Employees paid over £60,000: 2
“The number of employees whose emoluments fell within the following bands was: 2026 No 2 £60,001 - £70,000” — page 26
Per its FY2026 accounts as filed with the Charity Commission.
Reserves policy: three months of unrestricted expenditure (reserves figure: −£65k)
“The Trustees aim to hold reserves equivalent to 3 months’ core operating costs, including provision for contractual liabilities: the target figure is £300,000.” — page 8
Per its FY2026 accounts as filed with the Charity Commission.
Going concern: material uncertainty disclosed
“These conditions along with other matters explained in note 1 to the financial statements indicates the existence of a material uncertainty which may cast doubt over the group’s ability to continue as a going concern.”
Per its FY2026 accounts as filed with the Charity Commission.
Trading subsidiary: FOC Trading Limited, Bolton Troy UK Limited
“The Board of Trustees, present their report and the consolidated group financial statements of The Factory of Creativity and its 100% owned subsidiaries FOC Trading Limited and Bolton Troy UK Limited” — page 4
Per its FY2026 accounts as filed with the Charity Commission.

Accounts audited by Hawsons Chartered Accountants. Discloses 6 of 6 completeness components.

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.

From the charity’s annual return (Part A, self-declared)

Answers and figures the charity gave in Part A of its annual return to the Charity Commission. They are self-declared: not verified by the Commission or by this site. Only positive answers and figures are listed; items not listed are simply not shown.

Self-declared on the annual return for the financial year ending 31/03/2026

  • Volunteers: 50
  • Employees paid over £60,000: 2 (£60,001–£70,000: 2)
  • Has a trading subsidiary

Self-declared on the annual return for the financial year ending 31/03/2025

  • Volunteers: 75
  • Government income: £26,757 — grants £26,757 (1); 1% of the £2,154,852 total gross income on the same return
  • Employees paid over £60,000: 1 (£60,001–£70,000: 1)
  • Has a trading subsidiary

Self-declared on the annual return for the financial year ending 31/03/2024

  • Volunteers: 129
  • Government income: £126,262 — grants £126,262 (2); 8% of the £1,659,397 total gross income on the same return
  • Employees paid over £60,000: 1 (£60,001–£70,000: 1)
  • Has a trading subsidiary

Source: this charity’s annual returns on the Charity Commission register.

Property (HM Land Registry)

1 registered title in England and Wales held by the charity’s company or corporate body (0 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Structured financials (annual return, FY ending 31/03/2026)

Total income
£2.0m
Total spending
£2.0m
Cost of raising funds
£105k
Reserves (reported)
£0
Employees
15

Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 4.7 months; benchmarks).

Per its annual return, largest income source: Charitable activities (60% 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: 5.2% of total income — below the median for charities its size (5.3%) (benchmarks).

Trustees · trustee networks

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

Operates in: Lancashire · Manchester City

Income and spending

Financial year endIncomeSpending
31/03/2026£2.0m£2.0m
31/03/2025£2.2m£2.0m
31/03/2024£1.7m£1.8m
31/03/2023£1.3m£1.5m
31/03/2022£1.4m£1.3m

Common questions

Is THE FACTORY OF CREATIVITY financially healthy?

Per its FY2026 accounts: The accounts state that the charity ended the year with negative unrestricted reserves of £65,360, which is below the trustees' stated policy target of £300,000. Despite this deficit, the auditor has reported a material uncertainty regarding the charity's ability to continue as a going concern, although the opinion remains unmodified. Its FY2026 accounts were audited by Hawsons Chartered Accountants.

What does the highest-paid employee of THE FACTORY OF CREATIVITY earn?

Per its FY2026 accounts, the highest-paid employee was in the £60,001 - £70,000 band, and 2 employees earned over £60,000.

Who funds THE FACTORY OF CREATIVITY?

Funders whose own accounts filings name THE FACTORY OF CREATIVITY as a grant recipient include THE REED FOUNDATION, DUCHY OF LANCASTER BENEVOLENT FUND.

Known funders

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

FunderYearAmountPurpose (as stated by the funder)
THE REED FOUNDATIONFY2022£8kChristmas Challenge
DUCHY OF LANCASTER BENEVOLENT FUNDFY2024£2kCommunity help

Government & lottery funding

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

FunderDateAmountPurpose
The National Lottery Heritage Fund11/06/2024£198k"Hope Mill's Big Birthday"
UK government28/10/2021£238kCulture Recovery Fund: Emergency Resource Support
UK government22/10/2021£32kCulture Recovery Fund: Continuity Support

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.

FunderSimilar charities fundedAmount to them
CHARLES S FRENCH CHARITABLE TRUST1£5k
GOWLING WLG (UK) CHARITABLE TRUST1£2k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE HABBIT FACTORY.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE FACTORY OF CREATIVITY£2.0m£60,001 - £70,0002unclear—material uncertainty
THE HABBIT FACTORY FY2025£191k—0below—noted

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