STERTS ARTS AND ENVIRONMENTAL CENTRE
Maintaining and managing Sterts Theatre. Providing educational opportunities and facilities/promoting public interest in the dramatic and related arts.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net income of £193,767 for the year ended 31 December 2024, driven primarily by a £245,919 release from the Cornwall Council Shared Prosperity Fund. The trustees note that unrestricted free reserves totalled £132,222, which they consider sufficient to maintain activities in the event of a significant drop in funding. The charity maintains a going concern basis with no material uncertainties identified.
What the accounts disclose
“The charity's funds are mostly invested in the tangible fixed assets of the charity and therefore it has no free reserves. However, it is the trustees' policy to maintain net assets, at a figure approximately equal to 6 months overhead expenditure in the year ended 31st December 2024.” — page 5
“During the year there were £80 of donations received from B Strickland, and £1,452 paid to D Sturrock for construction costs.” — page 17
“During the year there were £80 of donations received from B Strickland, and £1,452 paid to D Sturrock for construction costs.” — page 17
“During the year there were £80 of donations received from B Strickland, and £1,452 paid to D Sturrock for construction costs.” — page 17
“During the year there were £80 of donations received from B Strickland, and £1,452 paid to D Sturrock for construction costs.” — page 17
“The trustees had also planned during 2023 for the establishment of a Community Interest Company (no. 15422924) to act as the trading arm of the charity. The CIC was established in January 2024.” — page 3
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2023)
Register events
- Received assets from another charity (09/08/2021)
Trustees
- Amanda Harris
- Ben James Harrison
- Dr Jeanie Sinclair
- Nicholas Buckland
- Sarah Jane Williamson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £301k | £107k |
| 31/12/2023 | £722k | £227k |
| 31/12/2022 | £240k | £359k |
| 31/12/2021 | £582k | £215k |
| 31/12/2020 | £0 | £0 |
Common questions
Is STERTS ARTS AND ENVIRONMENTAL CENTRE financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net income of £193,767 for the year ended 31 December 2024, driven primarily by a £245,919 release from the Cornwall Council Shared Prosperity Fund. The trustees note that unrestricted free reserves totalled £132,222, which they consider sufficient to maintain activities in the event of a significant drop in funding. The charity maintains a going concern basis with no material uncertainties identified. Its FY2024 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| UK government | 01/04/2023 | £50k | Community Ownership Fund |
| UK government | 01/04/2023 | £250k | Community Ownership Fund |
| UK government | 22/10/2021 | £31k | Culture Recovery Fund: Continuity Support |
| The National Lottery Heritage Fund | 11/07/2018 | £7k | "First World War Community Heritage Project" |
| The National Lottery Community Fund | 21/04/2005 | £3k | the threepenny opera |