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TRUE COLOURS THEATRE

Registered charity 1192136 · accounts filings on the Charity Commission register · listed website unreachable when last crawled

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Latest income
£377k
Latest spending
£425k
Registered
2020
Accounts read
FY2022

Financial health, per its FY2022 accounts

The accounts state that the charity generated a surplus of £24,034 for the year ended 31 October 2022, with total income rising to £83,492 from £37,513 the previous year. Per the trustees' report, unrestricted reserves stood at £23,234, which the trustees consider sufficient to cover estimated three-month core costs of £5,500. The filing confirms there are no going concern issues, citing successful funding and increased fundraising income.

What the accounts disclose

Reserves policy: 3 months core costs (held: £23k)
“The Reserves Policy is to retain enough unrestricted funds at any given time to support 3 months core costs (including staffing and room hire)” — page 5
Per its FY2022 accounts as filed with the Charity Commission.
Payments to trustees: Emoluments paid to partner of a Trustee
“During the year, emoluments were paid to the partner of a Trustee in respect of their duties with the charity.” — page 13
Per its FY2022 accounts as filed with the Charity Commission.
Related-party transaction: Emoluments paid to partner of a Trustee
“During the year, emoluments were paid to the partner of a Trustee in respect of their duties with the charity.” — page 13
Per its FY2022 accounts as filed with the Charity Commission.

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

Public fundraising profile: JustGiving — True Colours Theatre (matched by registered charity number).

Structured financials (annual return, FY ending 31/10/2023)

Total income
£643k
Total spending
£164k
Cost of raising funds
£25k
Reserves (reported)
£50k
Employees
0

Reported reserves equal ~3.6 months of spending — below the median for charities its size (median 7.0 months; benchmarks).

Trustees

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

Operates in: Darlington · Durham · Gateshead · Hartlepool · Middlesbrough · Newcastle Upon Tyne City · North Tyneside · Northumberland · South Tyneside · Sunderland

Income and spending

Financial year endIncomeSpending
31/10/2025£377k£425k
31/10/2024£254k£345k
31/10/2023£643k£164k
31/10/2022£83k£32k
02/11/2021£38k£30k

Common questions

Is TRUE COLOURS THEATRE financially healthy?

The accounts state that the charity generated a surplus of £24,034 for the year ended 31 October 2022, with total income rising to £83,492 from £37,513 the previous year. Per the trustees' report, unrestricted reserves stood at £23,234, which the trustees consider sufficient to cover estimated three-month core costs of £5,500. The filing confirms there are no going concern issues, citing successful funding and increased fundraising income. Its FY2022 accounts were independently examined.