I O U LIMITED

Registered charity 273527 · accounts filings on the Charity Commission register · also known as IOU, IOU THEATRE

IOU Ltd was established to promote, maintain, improve and advance education, particularly by the production of educational plays and the encouragement of the arts, including the arts of drama, mime, dance, singing and music, and to formulate, prepare and establish activities of a charitable nature.

Causes: General Charitable Purposes · Education/training · Arts/culture/heritage/science · website · Get email alerts

Latest income
£380k
Latest spending
£418k
Registered
1977
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net expenditure of £37,314 for the year, with total funds carried forward of £217,493. The trustees note that the charity is dependent on continued support from grant-aiding bodies but believe this support will continue. Unrestricted reserves stood at £127,125, of which £106,125 was designated for specific purposes.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Arts Council England (57% of income)
Grants Arts Council England - NPO funding 188,404
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: three months of unrestricted expenditure (held: £127k)
A designated fund for 'loss of core funding' was established in 2007/08. Since March 2019, £7,000 a year has been added to this fund, bringing the total to £72,000. — page 18
Per its FY2025 accounts as filed with the Charity Commission.
Going concern: noted by the trustees or auditor
The charitable company is dependent on the continued support of grant aiding bodies. The trustees believe that the company will continue to receive this support and accordingly consider that it is appropriate to prepare the financial statements on the going concern basis. — page 26
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Hebden Bridge Hostel Limited
The parent charity owns 100% of the share capital of Hebden Bridge Hostel Limited — page 31
Per its FY2025 accounts as filed with the Charity Commission.

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

Public profiles (found on the charity’s own website): facebook · instagram

Trustees · trustee networks

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

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/03/2025£380k£418k
31/03/2024£333k£415k
31/03/2023£381k£381k
31/03/2022£432k£483k
31/03/2021£297k£315k

Common questions

Is I O U LIMITED financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a net expenditure of £37,314 for the year, with total funds carried forward of £217,493. The trustees note that the charity is dependent on continued support from grant-aiding bodies but believe this support will continue. Unrestricted reserves stood at £127,125, of which £106,125 was designated for specific purposes. Its FY2025 accounts were independently examined.

Government & lottery funding

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

FunderDateAmountPurpose
The National Lottery Heritage Fund08/05/2025£197k"IOU at 50 - Building the North’s Hidden Super City"
UK government13/10/2022£188kNational Portfolio Organisations

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 IOL EDUCATIONAL TRUST.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
I O U LIMITED£380k0unclearnoted
IOL EDUCATIONAL TRUST FY2025£537k£60,001 - £70,0001unclearnoted
FERDINANDO & LUIGI INNOCENTI FOUNDATION FY2024£649k£80,001 - £90,0001unclearno doubt
INTERNATIONAL BACCALAUREATE ORGANIZATION (UK) LIMITED FY2025£26.7m£160,001 - £170,000abovenoted
ARTSWORK LIMITED FY2025£1.9munclearno doubt
I2I LIFE FOUNDATION FY2024£118k0belowno doubt

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