THE TORCH THEATRE COMPANY LIMITED

Registered charity 508985 · accounts filings on the Charity Commission register · also known as THE TORCH

Production of plays and musical theatre, touring of theatre productions to Wales and beyond, educational projects and buying in a range of performances to provide an extensive programme

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

Latest income
£1.9m
Latest spending
£2.0m
Registered
1979
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that unrestricted free reserves were completely depleted as of 31 March 2025, following a year-end deficit of £72,607. However, the trustees report that removing depreciation reveals a surplus of £59,206 and note that a more stable financial footing has been established to support the rebuilding of reserves in the coming year.

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

What the accounts disclose

Largest income source: Arts Council of Wales (34% of income)
“Arts Council of Wales 633,750” — page 22
Per its FY2025 accounts as filed with the Charity Commission.
Reserves position: below the charity's own stated reserves policy (held: £101k)
“The financial challenges over the last few years, which continued in this period, do however, mean that unrestricted free reserves have as at 31 March 2025, been completely depleted.”
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Ashmole and Co.. Discloses 4 of 6 completeness components.

Property (HM Land Registry)

4 registered titles in England and Wales held by the charity’s company or corporate body (4 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Structured financials (annual return, FY ending 31/03/2025)

Total income
£1.9m
Total spending
£2.0m
Cost of raising funds
£165k
Reserves (reported)
£101k
Employees
26

Reported reserves equal ~0.6 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (44% 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: 8.7% of total income — above the median for charities its size (5.2%) (benchmarks).

Trustees · trustee networks

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

Operates in: Carmarthenshire · Ceredigion · Pembrokeshire

Income and spending

Financial year endIncomeSpending
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?

Per its FY2025 accounts: The accounts state that unrestricted free reserves were completely depleted as of 31 March 2025, following a year-end deficit of £72,607. However, the trustees report that removing depreciation reveals a surplus of £59,206 and note that a more stable financial footing has been established to support the rebuilding of reserves in the coming year. Its FY2025 accounts were audited by Ashmole and Co..

Who funds THE TORCH THEATRE COMPANY LIMITED?

Funders whose own accounts filings name THE TORCH THEATRE COMPANY LIMITED as a grant recipient include CYNGOR CELFYDDYDAU CYMRU.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
CYNGOR CELFYDDYDAU CYMRUFY2023£459kCore funding
CYNGOR CELFYDDYDAU CYMRUFY2023£14kCost-of-living support

Government & lottery funding

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

FunderDateAmountPurpose
The National Lottery Community Fund30/10/2023£10kA Warm Space at the Torch

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 NOTTINGHAM ARTS THEATRE LIMITED.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE TORCH THEATRE COMPANY LIMITED£1.9m—0below—no doubt
NOTTINGHAM ARTS THEATRE LIMITED FY2025£370k—0unclear—no doubt
THEATRE503 LIMITED FY2026£553k—0unclear—noted
COMPANY THREE THEATRE FY2025£554kUnder £60,0000unclear—no doubt
THE CRITERION THEATRE TRUST FY2024£4.4m——unclear—no doubt
WELSH DANCE THEATRE TRUST LIMITED FY2025£598k—0unclear—no doubt

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