THE PALACE THEATRE WATFORD LIMITED

Registered charity 1056950 · accounts filings on the Charity Commission register · also known as WATFORD PALACE THEATRE

The Charitable Objects of The Palace Theatre Watford are to promote, maintain, improve and advance education by the encouragement of the Arts, including the Arts of Drama, Mime, Dancing, Singing and Music, Design and Dramatic Writing

Causes: Education/training · Arts/culture/heritage/science · website · Get email alerts

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net deficit of £166,595 for the year ended 31 March 2025, despite a 32% growth in turnover. Per the trustees' report, the charity holds unrestricted general reserves of £250,335, which is slightly above its stated policy target of £250,000, and has confirmed revenue subsidies of £191,028 and £211,081 for the following period.

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

What the accounts disclose

Accounts audited by PKF Littlejohn LLP. Discloses 4 of 6 completeness components.

Leadership, per the charity’s website

• Steve Marmion — Chief Executive (source)
• Jamie Arden — Executive Director (source)
• Andrew Phillips — Director of Finance (source)

Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.

Funders the charity credits

Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).

• Lamberts London — “Watford Palace Theatre warmly thanks our Supporters. Lamberts London:” (source page)

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.

Public profiles (found on the charity’s own website): facebook · instagram

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

Reported reserves equal ~0.9 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Charitable activities (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: 0.1% of total income — below the median for charities its size (5.2%) (benchmarks).

Trustees · trustee networks

• AAQIL AHMED · trustee of 2 other charities
• Agnieszka Katarzyna Dychton
• Anne Fenton
• Bibi Bilqees Mauthor
• Binita Mehta-Parmar
• Carol Lingwood
• Felicity Evans · trustee of 2 other charities
• Giles Rowland
• Howard Groves
• Jayne Trotman
• Kenny Rebecca Dada
• Marilyn Devonish
• Mark Lawrence · trustee of 1 other charity
• Sarah Golding

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

Operates in: Throughout England And Wales

Income and spending

Common questions

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).