{"id":1638,"date":"2026-08-23T05:03:22","date_gmt":"2026-08-23T05:03:22","guid":{"rendered":"https:\/\/opencomedy.com\/news\/?p=1638"},"modified":"2026-08-23T05:03:24","modified_gmt":"2026-08-23T05:03:24","slug":"leicester-festival-creditors-list","status":"publish","type":"post","link":"https:\/\/opencomedy.com\/news\/leicester-festival-creditors-list\/","title":{"rendered":"Leicester Comedy Festival owes \u00a3215,000 and the list is wrong"},"content":{"rendered":"<p>The Live Comedy Association is owed \u00a3103 by the charity behind Leicester Comedy Festival, for an event the LCA itself produced as part of the festival. That \u00a3103 does not appear on the creditors list. The trade body has spent months chasing this money on everyone else&#8217;s behalf. If it can&#8217;t get its own invoice onto the paperwork, the odds on a Tuesday-night MC from Loughborough being on there are not brilliant.<\/p>\n<p>The initial creditors report for Big Difference Company, summarised by the LCA on 22 August, puts the total debt in excess of \u00a3215,000. It lists more than 100 people and organisations owed money. Chortle, reporting the same figures, notes that \u00a3215,000 is more than 40 per cent of the charity&#8217;s annual \u00a3500,000 turnover. We first wrote about this in May, when the settlements due to acts didn&#8217;t land. The number has gone up every time somebody has opened a spreadsheet since.<\/p>\n<p>The Charity Commission register still shows the last filed year, ending 29 June 2025. Total income was \u00a3499,562, total expenditure \u00a3495,352. That was <a href=\"https:\/\/opencomedy.com\/news\/big-difference-company-liquidation\/\">the half-million-pound charity that went bust<\/a>. The surplus on that year was \u00a34,210.<\/p>\n<h2>Six staff are owed \u00a350,000 between them<\/h2>\n<p>Inside that \u00a3215,000, the staff team of six is owed more than \u00a350,000, according to Chortle&#8217;s read of the report. Just The Tonic is down for more than \u00a313,000 in ticket sales. Other charities are owed just over \u00a320,000 between them, and HMRC is owed just under \u00a32,000. That&#8217;s the line I keep going back to: HMRC sits near the bottom of this pile at just under \u00a32,000, while the six people who actually staffed the festival sit near the top with more than \u00a350,000 between them.<\/p>\n<p>The LCA&#8217;s own \u00a3103 is the tell, though. It&#8217;s a small enough sum that nobody would have chased it for its own sake &#8211; about what a comic spends getting to Leicester and back with a sandwich at the station. It&#8217;s also the one entry the LCA can prove from its own bank statements. Over the 24 hours after the report circulated, the association said it had emails from members confirming they were owed money who were not on the creditors list at all, which means the totals could be underestimated. The LCA says it has 1,600 members, and several of them have written in to say they aren&#8217;t on the list either.<\/p>\n<p>Jessica Toomey, the LCA&#8217;s chair, put it plainly in the association&#8217;s <a href=\"https:\/\/livecomedyassociation.co.uk\/news\/lcdebtestimate\" target=\"_blank\" rel=\"noopener\">22 August statement<\/a>:<\/p>\n<blockquote><p>It seems the information the liquidators have been given by the trustees isn&#8217;t accurate and we are appealing for anyone who is owed money to contact us as soon as possible. We will be assisting the liquidators in their task of trying to piece together the jigsaw and getting a more accurate figure.<\/p><\/blockquote>\n<h2>How do I get on the Big Difference Company creditors list?<\/h2>\n<p>If you are owed money and your name is not on the creditors list, the route in the public domain right now is to contact the Live Comedy Association as soon as possible, which is exactly what Toomey asked for in that statement. The LCA says it will pass what it collects to the liquidators. No published coverage I can find names the liquidator or the insolvency firm handling it, so I can&#8217;t tell you who to write to directly, and I&#8217;m not going to guess at a name.<\/p>\n<p>Toomey also told the LCA&#8217;s members that one of the eight questions the association sent to the trustees was confirmation of the total amount owed and the number of people owed money, and that no answer has come back. Those questions went to the chair of trustees, named in the LCA&#8217;s letter as Chris Traill, with a deadline of the end of the month; we <a href=\"https:\/\/opencomedy.com\/news\/leicester-comedy-festival-trustees-questions\/\">ran through all eight of them last week<\/a>. Question four is the one that matters here, because it asks for the size of the debt and how many people are owed. The creditors report got there before the trustees did, and going by the LCA&#8217;s inbox it got the number wrong.<\/p>\n<p>Meanwhile the money that actually reaches people is coming from a crowdfunder. The LCA fund has raised just under \u00a34,000 against a minimum target of \u00a330,000, on top of \u00a35,000 the association distributed in grants earlier in the year. Equity, separately, has already clawed back pay for three of its members. That \u00a34,000 is under 2 per cent of what&#8217;s owed, and the fund hasn&#8217;t yet reached a seventh of its own minimum target.<\/p>\n<h2>Companies House still has the company down as Active<\/h2>\n<p>I went and looked at Companies House, which nobody covering this appears to have done. Pull up BIG DIFFERENCE COMPANY LIMITED, company number 03121538, this morning and the status reads &#8220;Active&#8221;. There is no appointment of liquidators on the filing history, no statement of affairs, nothing. The registered office is still 30 Nelson Street, Leicester, LE1 7BA. Next accounts, for the year made up to 29 June 2026, are shown as due on 29 March 2027, which is an optimistic date for a company that stopped trading in August.<\/p>\n<p>What the filing history does show is a flurry in the same week the questions landed. On 18 August the register recorded the termination of Jonathan William Kerry as a director, effective 25 June 2026, and the termination of Simon Brown, effective 8 July 2026 &#8211; both filed six to eight weeks after the fact. Emma Mary Anderson&#8217;s details changed the same day. On 19 August, details changed for Robbie Kerr and Professor Kevin Schurer; on 20 August, for Ms Christine Douglas Traill, the chair. Earlier, on 2 July, the termination of Jonathan Sutton went on file, effective 17 June.<\/p>\n<p>Director detail changes are usually mundane admin, and I&#8217;m not going to pretend otherwise. But the paperwork catching up in a three-day burst, backdated to June and July, while creditors are being told the numbers they&#8217;ve been given aren&#8217;t accurate, is the sort of thing an unpaid comic is entitled to notice. It&#8217;s free to look at, too, which is more than can be said for most things in this story.<\/p>\n<h2>What happens to February<\/h2>\n<p>Leicester City Council said on 5 August that it will work with local promoters, venues and stakeholders to ensure a comedy festival takes place in the city in 2027, using its festivals and De Montfort Hall teams. City Mayor Sir Peter Soulsby said the festival has been &#8220;a hugely important part of Leicester&#8217;s cultural calendar, bringing thousands of visitors to the city every year, and with them a big boost to our economy&#8221;, while making clear the council cannot assume the charity&#8217;s debts and is aiming at an interim programme while a sustainable long-term operation is worked out.<\/p>\n<p>Separately, Chortle reports that <a href=\"https:\/\/opencomedy.com\/news\/?p=1547\">a new independent Leicester comedy festival<\/a> with no connection to the old one will launch in February. Two Februarys, one city, and a creditors list that still doesn&#8217;t have the LCA&#8217;s \u00a3103 on it. If you played Leicester in February 2026 and never got paid, the useful thing you can do this week is one email to the LCA &#8211; four minutes, less if the booking confirmation is still sitting in your sent folder.<\/p>\n<h2>Sources<\/h2>\n<ul>\n<li><a href=\"https:\/\/www.chortle.co.uk\/news\/2026\/08\/22\/61391\/leicester_comedy_festival_charitys_debts_exceed_%C2%A3215,000\" target=\"_blank\" rel=\"noopener\">Chortle &#8211; Leicester Comedy Festival charity&#8217;s debts exceed \u00a3215,000<\/a><\/li>\n<li><a href=\"https:\/\/livecomedyassociation.co.uk\/news\/lcdebtestimate\" target=\"_blank\" rel=\"noopener\">Live Comedy Association &#8211; Big Difference debts exceed \u00a3215,000<\/a><\/li>\n<li><a href=\"https:\/\/find-and-update.company-information.service.gov.uk\/company\/03121538\/filing-history\" target=\"_blank\" rel=\"noopener\">Companies House &#8211; BIG DIFFERENCE COMPANY LIMITED filing history<\/a><\/li>\n<li><a href=\"https:\/\/register-of-charities.charitycommission.gov.uk\/en\/charity-search\/-\/charity-details\/4046968\" target=\"_blank\" rel=\"noopener\">Charity Commission &#8211; Big Difference Company Limited<\/a><\/li>\n<li><a href=\"https:\/\/www.beyondthejoke.co.uk\/content\/17773\/live-comedy-association\" target=\"_blank\" rel=\"noopener\">Beyond The Joke &#8211; the LCA&#8217;s eight questions to the trustees<\/a><\/li>\n<li><a href=\"https:\/\/news.leicester.gov.uk\/news-articles\/2026\/august\/city-council-to-ensure-comedy-festival-goes-ahead-in-2027\/\" target=\"_blank\" rel=\"noopener\">Leicester City Council &#8211; City council to ensure comedy festival goes ahead in 2027<\/a><\/li>\n<\/ul>\n<p><!-- FACT_AUDIT\n- claim: The initial creditors report for Big Difference Company shows total debt in excess of \u00a3215,000\n  source: https:\/\/livecomedyassociation.co.uk\/news\/lcdebtestimate\n  verified: yes\n  quote: \"The initial creditors report for Leicester Comedy Festival producers Big Difference Company shows the total debt is in excess of \u00a3215,000.\"\n- claim: More than 100 people\/organisations are listed as owed money\n  source: https:\/\/www.chortle.co.uk\/news\/2026\/08\/22\/61391\/leicester_comedy_festival_charitys_debts_exceed_%C2%A3215,000\n  verified: yes\n  quote: \"An initial creditors' report shows over 100 people are owed money.\"\n- claim: \u00a3215,000 is more than 40 per cent of the charity's annual \u00a3500,000 turnover\n  source: https:\/\/www.chortle.co.uk\/news\/2026\/08\/22\/61391\/leicester_comedy_festival_charitys_debts_exceed_%C2%A3215,000\n  verified: yes\n  quote: \"\u00a3215,000 represents more than 40 per cent of the charity's annual \u00a3500,000 turnover.\"\n- claim: The LCA is owed \u00a3103 for an event it produced as part of the festival and is not on the creditors list\n  source: https:\/\/www.chortle.co.uk\/news\/2026\/08\/22\/61391\/leicester_comedy_festival_charitys_debts_exceed_%C2%A3215,000\n  verified: yes\n  quote: \"The Live Comedy Association is owed \u00a3103 from an event it produced\" and \"which is not listed on the creditors list\"\n- claim: Six staff are owed more than \u00a350,000 between them\n  source: https:\/\/www.chortle.co.uk\/news\/2026\/08\/22\/61391\/leicester_comedy_festival_charitys_debts_exceed_%C2%A3215,000\n  verified: yes\n  quote: \"That includes the staff of six, owed more than \u00a350,000 between them.\"\n- claim: Just The Tonic is owed more than \u00a313,000 in ticket sales\n  source: https:\/\/www.chortle.co.uk\/news\/2026\/08\/22\/61391\/leicester_comedy_festival_charitys_debts_exceed_%C2%A3215,000\n  verified: yes\n  quote: \"Just The Tonic is owed more than \u00a313,000 in ticket sales\"\n- claim: Other charities are owed just over \u00a320,000 and HMRC just under \u00a32,000\n  source: https:\/\/www.chortle.co.uk\/news\/2026\/08\/22\/61391\/leicester_comedy_festival_charitys_debts_exceed_%C2%A3215,000\n  verified: yes\n  quote: \"Other charities are owed just over \u00a320,000\" and \"HMRC is owed just under \u00a32,000\"\n- claim: The LCA has 1,600 members and several have said they are missing from the list\n  source: https:\/\/www.chortle.co.uk\/news\/2026\/08\/22\/61391\/leicester_comedy_festival_charitys_debts_exceed_%C2%A3215,000\n  verified: yes\n  quote: \"And it says several of its 1,600 members have been in touch to say they are missing, too.\"\n- claim: LCA received emails within 24 hours from members owed money who are not on the creditors list, meaning totals could be underestimated\n  source: https:\/\/livecomedyassociation.co.uk\/news\/lcdebtestimate\n  verified: yes\n  quote: \"Over the last 24 hours, the LCA has received emails from members confirming they are owed money, and many of these people are not listed on the creditors list, meaning the totals owed could be underestimated.\"\n- claim: Jessica Toomey blockquote on liquidators and appealing for anyone owed money\n  source: https:\/\/livecomedyassociation.co.uk\/news\/lcdebtestimate\n  verified: yes\n  quote: \"It seems the information the liquidators have been given by the trustees isn't accurate and we are appealing for anyone who is owed money to contact us as soon as possible. We will be assisting the liquidators in their task of trying to piece together the jigsaw and getting a more accurate figure.\"\n- claim: Jessica Toomey is chair of the LCA\n  source: https:\/\/www.chortle.co.uk\/news\/2026\/08\/22\/61391\/leicester_comedy_festival_charitys_debts_exceed_%C2%A3215,000\n  verified: yes\n  quote: \"LCA chair Jessica Toomey\"\n- claim: One of the questions asked was confirmation of the total amount owed and number of people owed; no answer received\n  source: https:\/\/livecomedyassociation.co.uk\/news\/lcdebtestimate\n  verified: yes\n  quote: \"One of the questions we asked the trustees was confirmation of the total amount owed, and also the number of people owed money. We haven't received any answers or response from the trustees yet.\"\n- claim: Question four of the eight asks the size of the debt and how many people are owed\n  source: https:\/\/www.beyondthejoke.co.uk\/content\/17773\/live-comedy-association\n  verified: yes\n  quote: \"how much money has been lost in total? What is the size of the debt and how many people or organisations are owed money?\"\n- claim: The questions were sent to the chair of trustees Chris Traill\n  source: https:\/\/www.beyondthejoke.co.uk\/content\/17773\/live-comedy-association\n  verified: yes\n  quote: \"The questions have been sent to the Chair of the Trustees Chris Traill (pictured) and other members of the board.\"\n- claim: Crowdfunder has raised just under \u00a34,000 against a minimum \u00a330,000 target, on top of \u00a35,000 distributed earlier\n  source: https:\/\/livecomedyassociation.co.uk\/news\/lcdebtestimate\n  verified: yes\n  quote: \"Crowdfunding campaign target: minimum \u00a330,000\" \/ \"Crowdfunding raised: just under \u00a34,000\" \/ \"LCA distributed \u00a35,000 in grants earlier in year\"\n- claim: Charity Commission shows income \u00a3499,562 and expenditure \u00a3495,352 for the year ending 29 June 2025\n  source: https:\/\/register-of-charities.charitycommission.gov.uk\/en\/charity-search\/-\/charity-details\/4046968\n  verified: yes\n  quote: \"Total Income: \u00a3499,562\" \/ \"Total Expenditure: \u00a3495,352\" \/ \"Latest Financial Year: Ending 29 June 2025\"\n- claim: Companies House shows company 03121538 status Active, registered office 30 Nelson Street, Leicester, LE1 7BA, next accounts due 29 March 2027 for accounts made up to 29 June 2026\n  source: https:\/\/find-and-update.company-information.service.gov.uk\/company\/03121538\n  verified: yes\n  quote: \"Company Status: 'Active'\" \/ \"Registered Office Address: '30 Nelson Street, Leicester, LE1 7BA'\" \/ \"Next Accounts Due: '29 March 2027' (for accounts made up to 29 June 2026)\"\n- claim: No liquidation, appointment of liquidator or statement of affairs filing appears on the 2026 filing history\n  source: https:\/\/find-and-update.company-information.service.gov.uk\/company\/03121538\/filing-history\n  verified: yes\n  quote: \"Notable Finding: There are no liquidation, appointment of liquidator, or statement of affairs filings visible in the 2026 records displayed on this page.\"\n- claim: Filings on 18-20 August 2026 - terminations of Jonathan William Kerry (effective 25 June 2026) and Simon Brown (effective 8 July 2026), details changed for Emma Mary Anderson, Robbie Kerr, Kevin Schurer and Christine Douglas Traill; termination of Jonathan Sutton filed 2 July effective 17 June 2026\n  source: https:\/\/find-and-update.company-information.service.gov.uk\/company\/03121538\/filing-history\n  verified: yes\n  quote: \"20 Aug 2026 | 'Director's details changed' for Ms Christine Douglas Traill | 18 August 2026\" \/ \"18 Aug 2026 | 'Termination of appointment' of Jonathan William Kerry as director | 25 June 2026\" \/ \"18 Aug 2026 | 'Termination of appointment' of Simon Brown as director | 8 July 2026\" \/ \"02 Jul 2026 | 'Termination of appointment' of Jonathan Sutton as director | 17 June 2026\"\n- claim: Leicester City Council said on 5 August it will work with local promoters, venues and stakeholders to ensure a festival in 2027, using its festivals and De Montfort Hall teams\n  source: https:\/\/news.leicester.gov.uk\/news-articles\/2026\/august\/city-council-to-ensure-comedy-festival-goes-ahead-in-2027\/\n  verified: yes\n  quote: \"Leicester City Council will work to ensure a comedy festival takes place in 2027\" \/ \"The council's festivals and De Montfort Hall teams will provide expertise\" \/ \"Date of Article: Wednesday, August 5, 2026\"\n- claim: Sir Peter Soulsby quote about the festival's importance\n  source: https:\/\/news.leicester.gov.uk\/news-articles\/2026\/august\/city-council-to-ensure-comedy-festival-goes-ahead-in-2027\/\n  verified: yes\n  quote: \"The Leicester Comedy Festival has been a hugely important part of Leicester's cultural calendar, bringing thousands of visitors to the city every year, and with them a big boost to our economy.\"\n- claim: The council cannot assume the charity's debts and aims for an interim programme in 2027\n  source: https:\/\/news.leicester.gov.uk\/news-articles\/2026\/august\/city-council-to-ensure-comedy-festival-goes-ahead-in-2027\/\n  verified: yes\n  quote: \"He also noted the council cannot assume the charity's debts but aims to deliver 'an interim comedy festival programme' in 2027 while developing 'a sustainable operation for the long-term.'\"\n- claim: A new independent Leicester comedy festival with no connection to the original will launch in February\n  source: https:\/\/www.chortle.co.uk\/news\/2026\/08\/22\/61391\/leicester_comedy_festival_charitys_debts_exceed_%C2%A3215,000\n  verified: yes\n  quote: \"Leicester will have a new independent comedy festival in February with no connection to the old one\"\n- claim: No published coverage names the liquidator or insolvency firm\n  source: https:\/\/www.chortle.co.uk\/news\/2026\/08\/22\/61391\/leicester_comedy_festival_charitys_debts_exceed_%C2%A3215,000\n  verified: yes\n  quote: \"The article does not name: The appointed liquidator\/insolvency practitioner\"\n--><\/p>\n<aside class=\"oc-ai-disclosure\">\n<strong>About this article.<\/strong> Researched and drafted with AI assistance, then reviewed by the editorial team. See our <a href=\"\/news\/editorial-policy\/\">editorial policy<\/a> for how we use AI in our reporting, and our <a href=\"\/news\/corrections\/\">corrections policy<\/a> if you spot an error.<br \/>\n<\/aside>\n","protected":false},"excerpt":{"rendered":"<p>The Live Comedy Association is owed \u00a3103 by the charity behind Leicester Comedy Festival, for an event the LCA itself produced as part of the&hellip;<\/p>\n","protected":false},"author":5,"featured_media":1337,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rank_math_title":"Leicester Comedy Festival creditors list is missing acts","rank_math_description":"An initial report puts Big Difference Company's debts above \u00a3215,000, but the Leicester Comedy Festival creditors list leaves out acts still owed money.","rank_math_focus_keyword":"creditors list","footnotes":""},"categories":[7],"tags":[],"class_list":["post-1638","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-comedy-news"],"_links":{"self":[{"href":"https:\/\/opencomedy.com\/news\/wp-json\/wp\/v2\/posts\/1638","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/opencomedy.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/opencomedy.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/opencomedy.com\/news\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/opencomedy.com\/news\/wp-json\/wp\/v2\/comments?post=1638"}],"version-history":[{"count":1,"href":"https:\/\/opencomedy.com\/news\/wp-json\/wp\/v2\/posts\/1638\/revisions"}],"predecessor-version":[{"id":1640,"href":"https:\/\/opencomedy.com\/news\/wp-json\/wp\/v2\/posts\/1638\/revisions\/1640"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/opencomedy.com\/news\/wp-json\/wp\/v2\/media\/1337"}],"wp:attachment":[{"href":"https:\/\/opencomedy.com\/news\/wp-json\/wp\/v2\/media?parent=1638"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/opencomedy.com\/news\/wp-json\/wp\/v2\/categories?post=1638"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/opencomedy.com\/news\/wp-json\/wp\/v2\/tags?post=1638"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}