PEGASUS THEATRE TRUST

Registered charity 1055305 · accounts filings on the Charity Commission register · also known as PEGASUS THEATRE

Pegasus Theatre offers innovative performances, productions and participatory arts that promote social inclusion. Our work focuses on giving young people opportunities to make theatre their own. We also mentor and support emerging artists. Our programme reflects the cultural diversity of the local community.

Causes: General Charitable Purposes · Education/training · Arts/culture/heritage/science · Economic/community Development/employment · website · Get email alerts

Latest income
£517k
Latest spending
£759k
Registered
1996
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a deficit of £242,435 for the year ended 31 March 2025, resulting in free reserves of £68,637. The trustees consider these reserves sufficient to meet contractual liabilities and maintain working capital for the foreseeable future. The charity confirmed that no material uncertainties exist regarding its ability to continue as a going concern.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: sufficient to meet contractual liabilities... equivalent of the upper reserves threshold of £25,000 (held: £69k)
“The current level of free reserves is £68,637 and the trustees believe that this is sufficient to meet contractual liabilities should the organisation have to close or cease trading for any period. This is the equivalent of the upper reserves threshold of £25,000” — page 5
Per its FY2025 accounts as filed with the Charity Commission.
Payments to trustees: Rhys Jones (Trustee) received £2,101.00 for production director services; Tabitha Grove (partner of trustee) received £2,711.27 for design services.
“During the year, Rhys Jones' services as a production director were engaged by the charity, to the value of £2,101.00. His partner Tabitha Grove was also paid £2,711.27 by the charity to provide design services.” — page 24
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Trustee remuneration/services
“During the year, Rhys Jones' services as a production director were engaged by the charity, to the value of £2,101.00. His partner Tabitha Grove was also paid £2,711.27 by the charity to provide design services.” — page 24
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Pegasus Theatre Productions Limited
“The investment is made up of 100% of the share capital of Pegasus Theatre Productions Limited. Consolidated accounts have not been prepared as Pegasus Theatre Productions Limited was dormant throughout the whole period.” — page 21
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Public fundraising profile: JustGiving — Pegasus Theatre (matched by registered charity number).

Property (HM Land Registry)

1 registered title in England and Wales held by the charity’s company or corporate body (0 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Structured financials (annual return, FY ending 31/03/2025)

Total income
£517k
Total spending
£759k
Cost of raising funds
£9k
Reserves (reported)
£71k
Employees
14

Reported reserves equal ~1.1 months of spending — in the bottom quarter for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (70% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 1.8% of total income — below the median for charities its size (4.9%) (benchmarks).

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Oxfordshire

Income and spending

Financial year endIncomeSpending
31/03/2025£517k£759k
31/03/2024£543k£773k
31/03/2023£515k£788k
31/03/2022£579k£762k
31/03/2021£616k£685k

Common questions

Is PEGASUS THEATRE TRUST financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a deficit of £242,435 for the year ended 31 March 2025, resulting in free reserves of £68,637. The trustees consider these reserves sufficient to meet contractual liabilities and maintain working capital for the foreseeable future. The charity confirmed that no material uncertainties exist regarding its ability to continue as a going concern. Its FY2025 accounts were independently examined.

Who funds PEGASUS THEATRE TRUST?

Funders whose own accounts filings name PEGASUS THEATRE TRUST as a grant recipient include THE HELEN HAMLYN TRUST, CECIL PILKINGTON CHARITABLE TRUST, BARNSBURY CHARITABLE TRUST, MR AND MRS J A PYE'S CHARITABLE SETTLEMENT, DORIS FIELD CHARITABLE TRUST.

Known funders

Grants to this charity found in funders’ own accounts filings.

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
The National Lottery Community Fund31/07/2025£9kCreative projects for refugee families
The National Lottery Community Fund10/09/2021£10kLooking Forward & Acting Out
Oxford City Council21/12/2018£24kGrant to Pegasus Theatre
The National Lottery Community Fund13/12/2018£8kTrue Colours
Oxford City Council09/02/2017£25kGrant to Pegasus Theatre
The National Lottery Community Fund22/04/2015£5kYoung Programmers Weekend - Outside the Box

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with PEGASUS.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
PEGASUS THEATRE TRUST£517k—0above—no doubt
PEGASUS FY2025£261k—0unclear—no doubt
PEGASUS OPERA COMPANY LIMITED FY2026£982k—0unclear—no doubt
PEGASUS GYMNASTICS CLUB LIMITED FY2025£936k——unclear—no doubt
THEATRE PECKHAM FY2025£1.1m—0above—no doubt
THE NEW THEATRE ROYAL-TRUSTEES (PORTSMOUTH) LIMITED FY2025£1.4m—0unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.