SHOREDITCH TOWN HALL TRUST
The mission of Shoreditch Town Hall Trust is to regenerate Shoreditch Town Hall for both community, and use for the benefit of the local and wider communities.
Latest income
£1.5m
Latest spending
£1.0m
Registered
1998
Accounts read
FY2025
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net operating surplus of £425,396 for the year ended 31 March 2025, driven by a significant property transaction premium. Per the trustees' report, unrestricted reserves stood at £439,288, which is below the stated policy target of three months of operating costs (£257k), although total reserves including restricted funds were £555,751.
What the accounts disclose
Reserves policy: three months of operating costs (held: £439k)
“We aim to hold three months of operating costs in free reserves. At the year end this was equivalent to £257k.” — page 4
Per its FY2025 accounts as filed with the Charity Commission.
Payments to trustees: Julie Tyrrell received £53,900 for employment services; Elisabeth Byrne received £Nil for employment services.
“During the year the charity paid £53,900 (2024: £17,716) to Julie Tyrrell, a trustee until 21 December 2023. The payments were made under her terms of employment contract with the charity.” — page 28
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Payment to former trustee Julie Tyrrell for employment services
“During the year the charity paid £53,900 (2024: £17,716) to Julie Tyrrell, a trustee until 21 December 2023. The payments were made under her terms of employment contract with the charity.” — page 28
“During the year the charity paid £Nil (2024: £35,192) to Elisabeth Byrne, a trustee until 21 December 2023. The payments were made under her terms of employment contract with the charity.” — page 28
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Payment to former trustee Elisabeth Byrne for employment services
“During the year the charity paid £53,900 (2024: £17,716) to Julie Tyrrell, a trustee until 21 December 2023. The payments were made under her terms of employment contract with the charity.” — page 28
“During the year the charity paid £Nil (2024: £35,192) to Elisabeth Byrne, a trustee until 21 December 2023. The payments were made under her terms of employment contract with the charity.” — page 28
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Shoreditch Town Hall Trading Limited, Ditch Productions Limited
“These financial statements consolidate the results of the charity and its wholly-owned subsidiaries, Shoreditch Town Hall Trading Limited and Ditch Productions Limited on a line by line basis.” — page 19
Per its FY2025 accounts as filed with the Charity Commission.
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2025)
Total income
£1.5m
Total spending
£1.0m
Cost of raising funds
£21k
Reserves (reported)
£439k
Employees
13
Trustees
- Deborah Yewande Bankole
- Fern Stoner
- Julie Flavell
- Landen Prescott Brann
- Osas Esosa
- Roxanne Peak-Payne
- Tamsin Ace
- Tom Robertson
- Verity Ellis
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.5m | £1.0m |
| 31/03/2024 | £910k | £1.1m |
| 31/03/2023 | £1.1m | £1.1m |
| 31/03/2022 | £964k | £1.0m |
| 31/03/2021 | £789k | £753k |
Common questions
Is SHOREDITCH TOWN HALL TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net operating surplus of £425,396 for the year ended 31 March 2025, driven by a significant property transaction premium. Per the trustees' report, unrestricted reserves stood at £439,288, which is below the stated policy target of three months of operating costs (£257k), although total reserves including restricted funds were £555,751. Its FY2025 accounts were audited by Sayer Vincent LLP.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 01/06/2016 | £10k | "More Light, More Power: 150 years of Shoreditch Town Hall" |
| Calouste Gulbenkian Foundation, UK Branch | 01/11/2015 | £50k | Shoreditch Town Hall Trust |
| Calouste Gulbenkian Foundation, UK Branch | 25/09/2014 | £150k | Shoreditch Town Hall Trust |
| The National Lottery Heritage Fund | 06/06/2003 | £650k | "Restoration of Shoreditch Town Hall" |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE NATIONAL FOUNDATION FOR YOUTH MUSIC | 2 | £59k |
| THE INFLEXION FOUNDATION | 1 | £1.7m |
| AKO FOUNDATION | 1 | £650k |
| THE MASTER CHARITABLE TRUST | 1 | £375k |
| THE FIDELITY UK FOUNDATION | 1 | £330k |
| THE NORMAN TRUST | 1 | £277k |
| VERONICA AND LARS BANE FOUNDATION CIO | 1 | £259k |
| THE PRUDENCE TRUST | 1 | £180k |
Charities like this
- THE SHOREDITCH TRUST
- LIMEHOUSE TOWN HALL CONSORTIUM TRUST
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST LEONARD SHOREDITCH
- HITCHIN TOWN HALL GYMNASIUM AND WORKMAN'S HALL TRUST
- WEM TOWN HALL COMMUNITY TRUST LTD
- The Guildhall Trust
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| SHOREDITCH TOWN HALL TRUST | £1.5m | — | 0 | above | — | no doubt |
| THE SHOREDITCH TRUST | £1.7m | £70,001 - £80,000 | 1 | unclear | — | no doubt |
| LIMEHOUSE TOWN HALL CONSORTIUM TRUST | £149k | — | 0 | unclear | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST LEONARD SHOREDITCH | £313k | — | 0 | above | — | no doubt |
| HITCHIN TOWN HALL GYMNASIUM AND WORKMAN'S HALL TRUST | £106k | — | 0 | unclear | — | no doubt |
| WEM TOWN HALL COMMUNITY TRUST LTD | £257k | — | 0 | unclear | — | no doubt |