Cornwall Theatre Company Limited
Analysis
Cornwall Theatre Company Limited is a registered charity in England and Wales, based in Penzance. It was registered in January 1982, 44 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 01587249). It says it provides buildings/facilities/open space.
In the financial year ending December 2025, Cornwall Theatre Company Limited reported income of £510k and spending of £520k, spending 102% of its income. Across the 5 years on record, from December 2021 to December 2025, income grew from £117k to £510k (+336%), an average of +44% a year. The sharpest change came in the year to December 2022, when income rose by 143%. Over the whole period it spent 106% 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, Cornwall Theatre Company 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 Rtyds Limited (£509k), Arcangelo (£510k) and Ideas Test (£509k).
In its latest detailed accounts, income came from charitable activities 99% and donations and legacies 1.1%. Charitable activities took 98% of spending and raising funds 1.7%. Reserves of £55k would cover about 1 months of spending at that rate. It employed 2 people.
Income and spending
Where the income comes from
- Donations 1.1%
- Charitable activities 99%
- Investments 0.1%
In the charity's own words
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.
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Rtyds Limited | Wigan | £509k |
| Arcangelo | Kent | £510k |
| Ideas Test | Kent | £509k |
| The Queens Hall, Narberth | Narberth | £512k |