TRUE COLOURS THEATRE
Registered charity 1192136 · accounts filings on the Charity Commission register
True Colours Theatre provides performing arts classes for children and young people with additional needs and disabilities aged 4 to 21 in the North East.
Causes: General Charitable Purposes · Education/training · Disability · Human Rights/religious Or Racial Harmony/equality Or Diversity · Recreation · Grant history (this charity is a funder) · website · Get email alerts
Financial health, per its FY2024 accounts
The accounts state that the charity incurred a net deficit of £91,380 for the year ended 31 October 2024, primarily due to initial operational costs for expanding services. Consequently, free reserves are in a deficit of £726, which is below the trustees' stated policy target of maintaining three to six months' expenditure. Despite this, the trustees confirm there are no going concern issues as the charity has secured funding and generated increased income.
Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.
What the accounts disclose
Reserves policy: three and six month's expenditure (held: £-726)
“It ls the policy of the charity that free reserves (unrestricted reserves not tied up in fixed or other long term assets) should be maintained at a level equivalent to between thrae and six month's expenditure.” — page 5
Per its FY2024 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).
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 31/10/2023)
Cost of raising funds
£25k
Reported reserves equal ~3.6 months of spending — below the median for charities its size (median 7.1 months; benchmarks).
Per its annual return, largest income source: Donations and legacies (88% 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: 3.9% of total income — above the median for charities its size (2.9%) (benchmarks).
- Kimberley Elliottchair
- Dr Fouad Hassanyeh
- Kevin Charters
- Marie Christine Renforth
- Nicola Warren
- Peter Collins · trustee of 1 other charity
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
Common questions
Is TRUE COLOURS THEATRE financially healthy?
Per its FY2024 accounts: The accounts state that the charity incurred a net deficit of £91,380 for the year ended 31 October 2024, primarily due to initial operational costs for expanding services. Consequently, free reserves are in a deficit of £726, which is below the trustees' stated policy target of maintaining three to six months' expenditure. Despite this, the trustees confirm there are no going concern issues as the charity has secured funding and generated increased income. Its FY2024 accounts were independently examined.
Government & lottery funding
Grants to this charity published as open data by government and lottery funders (360Giving).
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.
Charities like this
Semantically similar by activities and financial character, from our analysed corpus. Compare with NK THEATRE ARTS.
Side by side with its peers
Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.