Novo Theatre Ltd
Vision: From our Northumberland home, November Club dreams of a world where everyone can contribute to and experience extraordinary and imaginative performances that touch the heart and challenge thinking.Mission: November Club is an arts charity, engaging local communities to create original performances that tell unexpected stories about people and places.
Financial health, per its FY2025 accounts
The accounts state that the charity incurred an overall deficit of £85,153 for the year, reducing its unrestricted reserves to £38,751. This actual reserve level is below the trustees' stated aspirational target range of £45,800 to £55,800. The trustees acknowledge this shortfall and intend to restore reserves to the target range over the next two to three years.
What the accounts disclose
“No employee received remuneration of more than £60,000 during the year” — page 24
“The required level of Reserves is therefore in the range of £45,800 to £55,800.” — page 4
Funders the charity credits
Trustees
- Christopher Richard Foxon
- Fiona Clare Whitehurst
- Helen Clare Fussell
- Jill Elizabeth Read
- Johanna Louise Darby
- John Anthony Beattie
- Lauren Regan
- Mark Quigley
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £164k | £249k |
| 31/03/2024 | £237k | £184k |
| 31/03/2023 | £194k | £183k |
| 31/03/2022 | £235k | £235k |
| 31/03/2021 | £178k | £169k |
Common questions
Is Novo Theatre Ltd financially healthy?
Per its FY2025 accounts: The accounts state that the charity incurred an overall deficit of £85,153 for the year, reducing its unrestricted reserves to £38,751. This actual reserve level is below the trustees' stated aspirational target range of £45,800 to £55,800. The trustees acknowledge this shortfall and intend to restore reserves to the target range over the next two to three years. Its FY2025 accounts were independently examined.
What does the highest-paid employee of Novo Theatre Ltd earn?
Per its FY2025 accounts, the highest-paid employee was in the Under £60,000 band.
Who funds Novo Theatre Ltd?
Funders whose own accounts filings name Novo Theatre Ltd as a grant recipient include THE SCOPS ARTS TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE SCOPS ARTS TRUST | FY2023 | £5k | Community Arts |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Community Foundation North East | 23/01/2025 | £1k | Grant to Novo Theatre Ltd |
| The National Lottery Heritage Fund | 29/01/2024 | £50k | "Cambois Hidden Depths: Heritage Connected At The Seams" |
| Postcode Lottery | 01/05/2023 | £24k | Project Funding |
| Community Foundation North East | 25/08/2022 | £1k | Grant to November Club |
| Community Foundation North East | 04/04/2018 | £3k | A new fairytale for Shilbottle |
| Community Foundation North East | 31/01/2017 | £625 | Towards Beyond the End of the Road |
| Community Foundation North East | 05/01/2017 | £625 | Towards Beyond the End of the Road |
| Community Foundation North East | 04/09/2015 | £6k | Towards The Great Performing Rope - Speculative Fiction Project |
| The National Lottery Heritage Fund | 27/08/2014 | £8k | "Cautionary Tales and WW1 Explorations at the Literary & Philosophical Society" |
| The National Lottery Heritage Fund | 26/06/2009 | £38k | "Whalton Manor Garden Project" |
| Northern Rock Foundation | 24/02/2009 | £2k | Grant awarded to European Players (Northumberland) |
| Northern Rock Foundation | 25/07/2008 | £20k | Grant awarded to European Players (Tyne & Wear) |
| Northern Rock Foundation | 11/12/2006 | £47k | Grant awarded to European Players (Tyne & Wear) |