THE TORCH THEATRE COMPANY LIMITED
Financial health, per its FY2023 accounts
The accounts state that the charity reported a net expenditure of £357,784 for the year, resulting in a decrease in total funds. The trustees note that while total income increased by 14% due to the first full post-pandemic year, trading and charitable activities remained below expectations, and the charity remains dependent on significant grant funding support from partners such as Arts Council Wales to safeguard its artistic production resources.
What the accounts disclose
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Ann Owston
- Dr CAROL ANN MACKINTOSH
- Katrina Marsh
- Max Mackintosh
- Megan Victoria Childs
- RHYS SINNETT
- Sian-Elin Davies
- YVONNE GRACE SOUTHWELL
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.9m | £2.0m |
| 31/03/2024 | £1.7m | £2.0m |
| 31/03/2023 | £1.5m | £1.8m |
| 31/03/2022 | £1.3m | £1.4m |
| 31/03/2021 | £1.2m | £1.0m |
Common questions
Is THE TORCH THEATRE COMPANY LIMITED financially healthy?
The accounts state that the charity reported a net expenditure of £357,784 for the year, resulting in a decrease in total funds. The trustees note that while total income increased by 14% due to the first full post-pandemic year, trading and charitable activities remained below expectations, and the charity remains dependent on significant grant funding support from partners such as Arts Council Wales to safeguard its artistic production resources. Its FY2023 accounts were audited by Ashmole and Co.