THE CREATION WORKS CIO
The Creation Works is a sustainable, accessible, residential rehearsal & development centre in Par, Cornwall. Made available for community and professional artists to make theatre, dance & outdoor performance in ideal conditions. Whilst here delivering activities & opportunities to the benefit of Par bay and Cornwall more widely. The CIO also delivers off-site work to the benefit of the community.
Financial health, per its FY2025 accounts
The accounts state that the charity ended the year with a small unrestricted loss of £3,144 and negative unrestricted reserves of £531, while holding a large restricted fixed asset fund of £1,115,230. The trustees have set a reserves policy target of £9,000 to cover three months of operating costs, which the current unrestricted funds do not meet. The auditor confirmed that the going concern basis of accounting is appropriate with no material uncertainties identified.
What the accounts disclose
“Income in 2025 was £1,014,022. Of this £1,011,587 was related to grants received in building the space” — page 5
“As at 31 July 2025, due to recently completing the build project with minimal unrestricted income being generated the charity had unrestricted funds of negative £531.” — page 5
“During the year the Charity received pro-bono governance training support, valued at £9,000, from Creative UK . Susan Grace West is a Creation works Trustee, is a lead programme manager at Creative UK. This sum is included as part of the total of donated services in note 2 above. (2024 Nil)” — page 21
Leadership, per the charity’s website
- Miranda Henderson — Artistic Director / Manager
- Alister O’Loughlin — Artistic Director / Manager
Structured financials (annual return, FY ending 30/11/2025)
Trustees
- Elizabeth Davieschair
- Adrienne Dove Armstrong
- Alison Dures
- Kiki Gale MBE
- Mark Christopher Laville
- Sally Jean Wood
- Simon Thomas David Crick
- Susan Grace West
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/11/2025 | £1.0m | £51k |
Common questions
Is THE CREATION WORKS CIO financially healthy?
Per its FY2025 accounts: The accounts state that the charity ended the year with a small unrestricted loss of £3,144 and negative unrestricted reserves of £531, while holding a large restricted fixed asset fund of £1,115,230. The trustees have set a reserves policy target of £9,000 to cover three months of operating costs, which the current unrestricted funds do not meet. The auditor confirmed that the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2025 accounts were audited by Westcotts (SW) LLP.
Who funds THE CREATION WORKS CIO?
Funders whose own accounts filings name THE CREATION WORKS CIO as a grant recipient include THE CLARE MILNE TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE CLARE MILNE TRUST | FY2025 | £20k |