THE CHELSEA CENTRE LTD
Registered charity 1060460 · accounts filings on the Charity Commission register · also known as CHELSEA THEATRE
Chelsea Theatre runs live art performances, programme of community events that included dance classes, art classes, fitness classes for the over 50s, a Silver Screen film club, youth activities and fellowship meetings.
Causes: Education/training · The Advancement Of Health Or Saving Of Lives · Arts/culture/heritage/science · Economic/community Development/employment · Recreation · website · Get email alerts
Financial health, per its FY2026 accounts
The accounts state that the charity reported a net deficit of £193,198 for the year ended 31 March 2026, resulting in negative unrestricted reserves of £336,021. The trustees acknowledge this deficit as a significant concern and have adopted a financial recovery strategy aimed at rebuilding free reserves to three months' operating expenditure by 2028. Despite the negative reserves, the trustees confirm the charity has adequate resources to continue in operational existence for the foreseeable future.
Automated summary of the FY2026 accounts; the evidenced findings below carry the verbatim passages.
What the accounts disclose
Reserves position: below the charity's own stated reserves policy (held: £-336k; policy: three months' operating expenditure)
“At 31 March 2026 the charity had negative unrestricted reserves of £336,021.”
Per its FY2026 accounts as filed with the Charity Commission.
Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.
Year-over-year changes
- Going concern: going-concern doubt noted (FY2025) → no going-concern doubt (FY2026).
Comparing this charity’s FY2025 and FY2026 accounts as analysed by this site.
Public profiles (found on the charity’s own website): facebook · instagram
Structured financials (annual return, FY ending 31/03/2026)
Reported reserves equal ~21.9 months of spending — in the top quarter for charities its size (median 5.2 months; benchmarks).
Per its annual return, largest income source: Donations and legacies (67% 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: 1.4% of total income — below the median for charities its size (4.9%) (benchmarks).
- Steven Parker
- Suman Pal
- Victoria Jacobsen
- steven david medway
Trustee list from the Charity Commission register (current, not historical).
Operates in: Kensington And Chelsea
Income and spending
Common questions
Is THE CHELSEA CENTRE LTD financially healthy?
Per its FY2026 accounts: The accounts state that the charity reported a net deficit of £193,198 for the year ended 31 March 2026, resulting in negative unrestricted reserves of £336,021. The trustees acknowledge this deficit as a significant concern and have adopted a financial recovery strategy aimed at rebuilding free reserves to three months' operating expenditure by 2028. Despite the negative reserves, the trustees confirm the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2026 accounts were independently examined.
Who funds THE CHELSEA CENTRE LTD?
Funders whose own accounts filings name THE CHELSEA CENTRE LTD as a grant recipient include THE LONDON MARATHON CHARITABLE TRUST LIMITED.
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).
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 LEEDS THEATRE TRUST LIMITED.
Side by side with its peers
Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.