THEATRE DE COMPLICITE EDUCATION LIMITED
Creating and producing new theatrical productions and providing an educational programme to accompany and complement this.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a deficit of £143,709 for the year ended 31 March 2025, resulting from a transition out of London and a reduced touring schedule. Despite the deficit, the filing notes that cash flow remains healthy with a closing balance of £814,853, and unrestricted reserves stand at £726,482. The trustees have established designated reserves, including a wind-up cost reserve of £325,000, to cover up to six months of core costs.
What the accounts disclose
“One employee earned between £70,000 - £79,999 during the year (2024 - nil).” — page 38
“One employee earned between £70,000 - £79,999 during the year (2024 - nil). No employee earned between £60,000 - £69,999 during the year (2024 - nil).” — page 38
“Our principal source of fundraising continued to be from Arts Council England NPO grant (£370,313), which represents just over 32% of our overall income.” — page 17
“Our policy is to keep sufficient free reserves to cover up to six months core costs, plus a small provision for current liabilities and commitments.” — page 19
“The trustees received no remuneration during the year (2024 - £nil). The aggregated amount reimbursed to two Trustees during the year was £142 (2024 - £nil) relating to travel costs. Royalty payments of £391 (2024 - £nil) were made to one Trustee.” — page 38
“One Trustee made a donation of £5,000 to the charity in the year. There were no other related party transactions which require disclosure in the financial statements.” — page 45
“The aggregated amount reimbursed to two Trustees during the year was £142 (2024 - £nil) relating to travel costs. Royalty payments of £391 (2024 - £nil) were made to one Trustee.” — page 38
“One Trustee made a donation of £5,000 to the charity in the year. There were no other related party transactions which require disclosure in the financial statements.” — page 45
“The aggregated amount reimbursed to two Trustees during the year was £142 (2024 - £nil) relating to travel costs. Royalty payments of £391 (2024 - £nil) were made to one Trustee.” — page 38
“The Company remained dormant during the year. Its aggregate amount of capital and reserves and the results of this undertaking for the last relevant financial year were as follows: Capital and reserves £ 1” — page 40
Year-over-year changes
- Employees paid over £60,000: 0 (FY2024) → 1 (FY2025).
Leadership, per the charity’s website
- Simon McBurney — Artistic Director and co-founder
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- TOM MORRISchair
- Emma Stevenson
- Estelle Wackermann
- Frances Hughes
- Fraser Gawaine Munro Jopp
- Inua Ellams
- Louise Jeffreys
- Niall Black
- Peter Gerald Flamman
- Susan Claire Ferguson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.1m | £1.3m |
| 31/03/2024 | £2.1m | £2.0m |
| 31/03/2023 | £1.9m | £2.4m |
| 31/03/2022 | £871k | £1.0m |
| 31/03/2021 | £831k | £737k |
Common questions
Is THEATRE DE COMPLICITE EDUCATION LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a deficit of £143,709 for the year ended 31 March 2025, resulting from a transition out of London and a reduced touring schedule. Despite the deficit, the filing notes that cash flow remains healthy with a closing balance of £814,853, and unrestricted reserves stand at £726,482. The trustees have established designated reserves, including a wind-up cost reserve of £325,000, to cover up to six months of core costs. Its FY2025 accounts were audited by Breckman & Company Ltd.
What does the highest-paid employee of THEATRE DE COMPLICITE EDUCATION LIMITED earn?
Per its FY2025 accounts, the highest-paid employee was in the £70,001 - £80,000 band, and 1 employees earned over £60,000.
Who funds THEATRE DE COMPLICITE EDUCATION LIMITED?
Funders whose own accounts filings name THEATRE DE COMPLICITE EDUCATION LIMITED as a grant recipient include MARIA BJORNSON MEMORIAL FUND, FRAZER TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| MARIA BJORNSON MEMORIAL FUND | FY2022 | £45k | |
| FRAZER TRUST | FY2024 | £2k | Leisure activities, animals and wildlife |
| FRAZER TRUST | FY2025 | £2k | Leisure activities, animals and wildlife |
| FRAZER TRUST | FY2023 | £2k | Children |
| FRAZER TRUST | FY2022 | £2k | |
| MARIA BJORNSON MEMORIAL FUND | FY2023 | £0 |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 07/11/2024 | £16k | Grief Chorus |
| UK government | 01/11/2024 | £3k | Theatre de Complicité Education Ltd |
| The National Lottery Community Fund | 19/05/2023 | £10k | Grief Chorus |
| The National Lottery Community Fund | 04/03/2022 | £10k | Grief Chorus |
| Calouste Gulbenkian Foundation, UK Branch | 29/04/2021 | £20k | Complicité |
| Calouste Gulbenkian Foundation, UK Branch | 23/10/2019 | £10k | Theatre De Complicite Education Limited |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE HAROLD HYAM WINGATE FOUNDATION | 3 | £17k |
| THE JOHN THAW FOUNDATION | 3 | £6k |
| JOHN LYON'S CHARITY | 2 | £290k |
| THE FOYLE FOUNDATION | 2 | £200k |
| THE CHILDHOOD TRUST | 2 | £22k |
| THE IDLEWILD TRUST | 2 | £10k |
| THE GOLSONCOTT FOUNDATION | 2 | £2k |
| THE REED FOUNDATION | 1 | — |
Charities like this
- LEEDS THEATRE TRUST LIMITED
- ALTERNATIVE THEATRE COMPANY LIMITED
- PIONEER THEATRES LIMITED
- FOLIO THEATRE
- TALL STORIES THEATRE COMPANY LIMITED
- LYRIC THEATRE HAMMERSMITH LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THEATRE DE COMPLICITE EDUCATION LIMITED | £1.1m | £70,001 - £80,000 | 1 | above | — | no doubt |
| LEEDS THEATRE TRUST LIMITED | £9.7m | — | — | unclear | — | no doubt |
| ALTERNATIVE THEATRE COMPANY LIMITED | £2.7m | Greater than £60,000 | 1 | below | — | no doubt |
| PIONEER THEATRES LIMITED | £4.3m | — | — | unclear | 27.0% | no doubt |
| FOLIO THEATRE | £125k | — | 0 | unclear | — | no doubt |
| TALL STORIES THEATRE COMPANY LIMITED | £2.9m | — | 0 | above | — | no doubt |