CORNWALL THEATRE COMPANY LIMITED

Registered charity 283545 · accounts filings on the Charity Commission register · also known as ACORN ARTS CENTRE, THE ACORN THEATRE

As the most westerly, all-year round arts venue in the country, The Acorn, Penzance delivers a wide range of quality cultural activities to a broad demographic. It exists to enhance the quality of life for the people, visitors and artists of West Cornwall, though the development and presentation of diverse performing arts to local people at affordable prices.

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

Latest income
£397k
Latest spending
£467k
Registered
1982
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that total funds increased to £448,853, with unrestricted funds rising to £255,769. The charity reports a healthy cash position of £78,196 and notes that its reserves policy aims to maintain a risk reserve of £36,000. Trustees confirm that assets are adequate and forward planning is robust despite economic challenges.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: three months of core running costs (held: £256k)
Our reserves policy aims to maintain a risk reserve of £36,000, equivalent to approximately three months of core running costs. — page 4
Per its FY2024 accounts as filed with the Charity Commission.

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

Property (HM Land Registry)

1 registered titlein England and Wales held by the charity’s company or corporate body (1 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Trustees · trustee networks

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

Operates in: Cornwall

Income and spending

Financial year endIncomeSpending
31/12/2024£397k£467k
31/12/2023£440k£422k
31/12/2022£284k£299k
31/12/2021£117k£143k
31/12/2020£103k£90k

Common questions

Is CORNWALL THEATRE COMPANY LIMITED financially healthy?

Per its FY2024 accounts: The accounts state that total funds increased to £448,853, with unrestricted funds rising to £255,769. The charity reports a healthy cash position of £78,196 and notes that its reserves policy aims to maintain a risk reserve of £36,000. Trustees confirm that assets are adequate and forward planning is robust despite economic challenges. Its FY2024 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 Community Fund16/03/2009£7kBig Blue Club
The National Lottery Community Fund13/10/2006£8kMatinee Idols
The National Lottery Community Fund03/06/2004£5kDance and theatre workshops

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 THE MINACK THEATRE TRUST CIO.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
CORNWALL THEATRE COMPANY LIMITED£397k0unclearno doubt
THE MINACK THEATRE TRUST CIO FY2023£3.0munclearno doubt
YMCA CORNWALL FY2025£1.3m0unclearno doubt
THE GARDENERS' HOUSE - PENZANCE FY2025£1.6m0unclearno doubt
LITTLE ACORNS PLAYGROUP PEMBROKESHIRE FY2025£165k0aboveno doubt
PENZANCE AND WEST PENWITH OLD PEOPLES WELFARE TRUST FY2025£425k0unclearno doubt

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