Finance Score: 0

Governance Score: 5

Support Score: 7

No PartB

Good trustee age range: +3
Dynamic board: +3
Mainly male board: -1

Grant maker support: +7

Overall GiG Score: 12

CORNWALL THEATRE COMPANY LIMITED

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.

Analysis by Giving is Great

Positives:

Spending has increased over the last 3 years relative to the previous period
There have been no material income shortfalls in recent years
A significant proportion of recent income was derived from major grant makers including the Government
The Board appears to be well diversified in terms of age and dynamic in terms of composition

Regulatory & Governance issues to consider:

The Board is predominantly male
Over half the Board have joined recently

Financial issues to consider:

A PartB annual return has not been required and so detailed financial information is not available from the online data

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E		Income £k	Spending £k	Surplus/ Deficit	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff	Volun- teers
31/12/22		£284	£299	£-15	n/a	n/a	n/a	n/a	n/a	47
31/12/21		£117	£143	£-26	n/a	n/a	n/a	n/a	n/a	31
31/12/20		£103	£90	£13	n/a	n/a	n/a	n/a	n/a	35
31/12/19	*	£301	£265	£36	n/a	n/a	n/a	n/a	n/a	48
31/12/18		£211	£204	£6	£0	£0	£0	n/a	0	40
31/12/17		£147	£132	£15	£0	£0	£0	n/a	0	0
31/12/16		£81	£83	£-2	£0	£0	£0	n/a	0	0
31/12/15		£80	£92	£-12	£0	£0	£0	n/a	0	0
31/12/14		£69	£80	£-11	£0	£0	£0	n/a	0	0
31/12/13		£79	£85	£-6	£0	£0	£0	n/a	0	0
31/12/12		£88	£78	£10	£0	£0	£0	n/a	0	0
31/12/11		£32	£36	£-4	£0	£0	£0	n/a	0	0
31/12/10	*	£128	£131	£-3	£0	£0	£0	n/a	0	0
31/12/09		£206	£201	£5	£0	£0	£0	n/a	0	0
31/12/08		£184	£199	£-14	£0	£0	£0	n/a	0	0
31/12/07		£232	£188	£44	£0	£0	£0	n/a	0	0
31/12/06	*	£174	£168	£6	£0	£0	£0	n/a	0	0
31/12/05		£180	£199	£-19	£0	£0	£0	n/a	0	0
31/12/04		£191	£192	£0	£0	£0	£0	n/a	0	0

Show more rows -->

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Download accounts

Highest pay bracket: less than £60,000

Established: 42 years

www.theacornpenzance.com

ADMIN@THEACORNPENZANCE.CO.UK

07903938672

Charity Commission for England and Wales

Tweets

Listed activities

Arts/Culture/Heritage/Science
Education/Training

GiG Classification

Performing and visual arts

How it operates

Provides buildings/facilities/open space

Where it operates

Cornwall,

Who it helps

The General Public/Mankind

Who works here?

Unknown number of employees
47 volunteers

Who's supporting them? ?

Donations from Grant Makers ?

We have details on the following significant donations. Multi-year donations are allocated to the years for which they are earmarked.

Major supporters in last 5 years

DCMS	£112,118
The Foyle Foundation	£44,000
Co-Operative Group	£7,897

Specific Donations

Amount	When Months	To be used for
The Foyle Foundation - Arts
£26,000	21/04/2022 24	towards a new theatre administrator (with the option to use as contribution towards part time post over two years if preferred) (awarded grant in response to coronavirus)
DCMS - Culture Recovery Fund: Continuity Support
£30,000	22/10/2021	To support cultural organisations who have received funding from the Culture Recovery Fund: Grants programme, in the first or second rounds, and can clearly demonstrate the financial need for further ....more To support cultural organisations who have received funding from the Culture Recovery Fund: Grants programme, in the first or second rounds, and can clearly demonstrate the financial need for further funding in order to be able to operate on a viable and sustainable basis by 31 March 2022.
The Foyle Foundation - Arts
£18,000	23/04/2020	towards the urgent replacement of windows at the Acorn Theatre
DCMS - Saving The Acorn Theatre
£82,118	01/04/2020	To support Arts and Culture throughout England
Co-Operative Group - Grant to The Cornwall Theatre Co Ltd
£7,897	15/11/2019	We want to provide drama classes and theatre experience to deprived teenagers, building confidence and supporting their ambitions.

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (6)

Current Trustees appointed

Gender Split

Age Range of Trustees: 34-83

ALASTAIR JAMES JOHNSTON Appointed: 2022, Occupation: Retired

ALEXANDER SOWERBY Appointed: 2022, Occupation: Theatre Manager

JOANNA WILLSHER Appointed: 2022, Occupation: Therapist

PAUL INMAN Appointed: 2023, Occupation: Retired

ANDREW MACLAURIN EDMONDS Appointed: 2012, Occupation: Retired

DAVE HUNTER Appointed: 2017, Occupation: Director

Legal constitution

Charitable company registered in England & Wales on 10/01/1982, number: 283545
Registered at Companies House on 23/09/1981, number: 01587249

Gift Aid

NOT registered with HMRC for Gift Aid

Policies in force

Complaints handling
Conflicting interests
Paying staff
Risk management
Safeguarding vulnerable beneficiaries
Volunteer management

Filing Record

19 returns made; AR19: 30 days late, AR10: 115 days late, AR06: 21 days late,

Main office

CORNWALL THEATRE CO LTD
THE ACORN
PARADE STREET
PENZANCE
TR18 4BU

Objectives

TO PROMOTE, MAINTAIN IMPROVE AND ADVANCE EDUCATION, PARTICULARLY BY THE ENCOURAGEMENT OF THE ARTS, INCLUDING THE ARTS OF DRAMA, BALLET, MUSIC, SINGING, LITERATURE, SCULPTURE AND PAINTING.

Defined Area of Benefit:

NOT DEFINED

Data Sources