The Royal Cornwall Polytechnic Society Limited

Analysis

The Royal Cornwall Polytechnic Society Limited is a registered charity in England and Wales, based in Falmouth. It was registered in June 2000, 26 years ago. Its declared purposes cover education/training and arts/culture/heritage/science, which this site groups under arts, culture, heritage and science. Legally it is a charitable company (Companies House number 03909555). It says it provides human resources and provides buildings/facilities/open space.

In the financial year ending March 2025, The Royal Cornwall Polytechnic Society Limited reported income of £544k and spending of £623k, spending 115% of what it took in. Across the 5 years on record, from December 2020 to March 2025, income grew from £374k to £544k (+45%), an average of +9.8% a year. The sharpest change came in the year to March 2025, when income rose by 41%. Over the whole period it spent 110% of the income it received.

Among 17,634 England and Wales charities whose main cause is arts, culture, heritage and science and that reported income, The Royal Cornwall Polytechnic Society Limited sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in England and Wales with reported income it ranks in the 90th percentile. Charities of a similar size with the same main cause include Art Against Knives (£544k), Georgian Theatre (Richmond) Trust Ltd (£544k) and Barlow Moor Community Association Limited (£544k).

In its latest detailed accounts, income came from charitable activities 81%, donations and legacies 11% and investments 8.2%. Gifts in wills alone brought in £2,000. Charitable activities took 100% of spending and raising funds 0.0%. Reserves of £14k would cover about 0 months of spending at that rate. It employed 7 people.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.