Brunton Theatre Trust
Latest income
£1.2m
Latest spending
£1.2m
Accounts read
FY2025
Form
Trust (founding document is a deed of trust) (other than educational endowment)
Financial health, per FY2025 accounts
The accounts state that the charity reported a total loss of £380,189 for the year ended 31 March 2025, resulting in free reserves of £367,219, which are below the stated policy target of approximately £302,000. The trustees note that reserves are close to their minimum level and need to be rebuilt, although they are confident the Trust can continue operating for the next 12 months due to reinstated council funding and a new multi-year grant from Creative Scotland.
What the accounts disclose
Going concern: material uncertainty disclosed
“The closure of the Brunton building and uncertainty over future long term funding, indicates that a material uncertainty exists that may cast significant doubt on the Trust’s ability to continue as a going concern.” — page 19
Per FY2025 accounts as filed with OSCR.
Employees paid over £60,000: 0
Per FY2025 accounts as filed with OSCR.
Reserves policy: three months of unrestricted expenditure (held: £367k)
“The Trust’s current reserves policy is that the unrestricted funds not committed or invested in tangible or intangible fixed assets (‘the free reserves’) held by the charity should be equivalent to three months of the resources expended, which equates to c. £302k in general funds.” — page 13
Per FY2025 accounts as filed with OSCR.
Independent examiner: Whitelaw Wells
Per FY2025 accounts as filed with OSCR.