THE CORN EXCHANGE (NEWBURY) TRUST

Registered charity 1080567 · accounts filings on the Charity Commission register

The object of the charity is the education of the public in the arts in West Berkshire and the surrounding districts.

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

Latest income
£2.9m
Latest spending
£2.6m
Registered
2000
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported an operating profit of £229,971 and holds free unrestricted reserves of £304,343. The trustees consider the Trust to be a sound commercial concern with net current assets of £1,824,032, though they identify financial sustainability as the biggest risk due to soaring utility costs and a challenging fundraising climate.

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

What the accounts disclose

Related-party transaction: Recharges to the company from the Trust include £428,265 in respect of supply of labour for employees with joint contracts of employment and £13,917 for other costs charged under a cost sharing agreement entered into in June 2006. At the balance sheet date the Trust was owed £249,132 from this company.
“The Corn Exchange (Newbury) Productions Limited is a company limited by guarantee that was incorporated to operate independently the cultural arts programme at the centre managed by the Trust. Recharges to the company from the Trust include £428,265 (2024: £364,558) in respect of supply of labour for employees with joint contracts of employment and £13,917 (2024: £13,539) for other costs charged under a cost sharing agreement entered into in June 2006. At the balance sheet date the Trust was owed £249,132 (2024: £155,584) from this company.” — page 28
“The Base Greenham is a company limited by guarantee that was incorporated to operate independently the visual arts programme at the new location known as The Base. Recharges to this company from the Trust include £6,824 (2024: £2,241) for costs paid by the Trust on behalf of the Base. At the balance sheet date the Trust was owed £3,478 (2024: £4,456) from this company. The Base has recharged £688 (2024: £618) of costs to the Trust during the year.” — page 28
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Recharges to this company from the Trust include £6,824 for costs paid by the Trust on behalf of the Base. At the balance sheet date the Trust was owed £3,478 from this company. The Base has recharged £688 of costs to the Trust during the year.
“The Corn Exchange (Newbury) Productions Limited is a company limited by guarantee that was incorporated to operate independently the cultural arts programme at the centre managed by the Trust. Recharges to the company from the Trust include £428,265 (2024: £364,558) in respect of supply of labour for employees with joint contracts of employment and £13,917 (2024: £13,539) for other costs charged under a cost sharing agreement entered into in June 2006. At the balance sheet date the Trust was owed £249,132 (2024: £155,584) from this company.” — page 28
“The Base Greenham is a company limited by guarantee that was incorporated to operate independently the visual arts programme at the new location known as The Base. Recharges to this company from the Trust include £6,824 (2024: £2,241) for costs paid by the Trust on behalf of the Base. At the balance sheet date the Trust was owed £3,478 (2024: £4,456) from this company. The Base has recharged £688 (2024: £618) of costs to the Trust during the year.” — page 28
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by UHY Ross Brooke. Discloses 4 of 6 completeness components.

Corporate structure

Public fundraising profile: JustGiving — The Corn Exchange (Newbury) Trust (matched by registered charity number).

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

Official officers record.

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
£2.9m
Total spending
£2.6m
Cost of raising funds
£148k
Reserves (reported)
£304k
Employees
58

Reported reserves equal ~1.4 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 (51% 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: 5.2% of total income — below the median for charities its size (5.2%) (benchmarks).

Trustees · trustee networks

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

Operates in: Bracknell Forest · Hampshire · Oxfordshire · Reading · Slough · West Berkshire · Wiltshire · Windsor And Maidenhead · Wokingham

Income and spending

Financial year endIncomeSpending
31/03/2025£2.9m£2.6m
31/03/2024£2.9m£2.7m
31/03/2023£2.5m£2.4m
31/03/2022£2.5m£2.4m
31/03/2021£2.0m£1.7m

Common questions

Is THE CORN EXCHANGE (NEWBURY) TRUST financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported an operating profit of £229,971 and holds free unrestricted reserves of £304,343. The trustees consider the Trust to be a sound commercial concern with net current assets of £1,824,032, though they identify financial sustainability as the biggest risk due to soaring utility costs and a challenging fundraising climate. Its FY2025 accounts were audited by UHY Ross Brooke.

Who funds THE CORN EXCHANGE (NEWBURY) TRUST?

Funders whose own accounts filings name THE CORN EXCHANGE (NEWBURY) TRUST as a grant recipient include THE FOYLE FOUNDATION, THE SACKLER TRUST, THE AUSTIN AND HOPE PILKINGTON TRUST, THE THEATRES TRUST CHARITABLE FUND, MISS W E LAWRENCE 1973 CHARITABLE SETTLEMENT.

Known funders

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

FunderYearAmountPurpose (as stated by the funder)
THE FOYLE FOUNDATIONFY2025£100k
THE SACKLER TRUSTFY2023£60kSocial Good
THE SACKLER TRUSTFY2024£50k
THE AUSTIN AND HOPE PILKINGTON TRUSTFY2025£5kGrant Round 2 - £5,000
THE THEATRES TRUST CHARITABLE FUNDFY2022£4k
MISS W E LAWRENCE 1973 CHARITABLE SETTLEMENTFY2025£2k

Government & lottery funding

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

FunderDateAmountPurpose
UK government01/04/2022£4kCORN EXCHANGE (NEWBURY) TRUST LIMMITED
The National Lottery Community Fund11/02/2021£339kAgeing Creatively Continued
The National Lottery Community Fund07/12/2016£10kYoung Corn Exchange Relaunch
The National Lottery Community Fund04/04/2016£117kAgeing Creatively West Berkshire
The National Lottery Community Fund23/07/2014£8kCorn Exchange Memory Cafe - for people living with dementia
The National Lottery Heritage Fund27/09/2007£4k"This Arts Group Will Work With Young Offenders And Older People To Develop An Intergenerational Project Based Around A Visual Arts Installat"
The National Lottery Community Fund16/02/2006£5kAfter school film clubs

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 NEWBURY SPRING FESTIVAL SOCIETY, LTD.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE CORN EXCHANGE (NEWBURY) TRUST£2.9m—0unclear—no doubt
NEWBURY SPRING FESTIVAL SOCIETY, LTD FY2025£629k—0unclear—no doubt
THE NEWBURY UNIVERSITY OF THE THIRD AGE FY2025£133k—0unclear—no doubt
THE DISS CORN HALL TRUST FY2025£704k—0unclear—no doubt
SHERBORNE HOUSE TRUST 2018 FY2025£5.6m£70,001 - £80,0001unclear—no doubt
THE NEWBURY AND DISTRICT AGRICULTURAL SOCIETY FY2024£900k—0below—no doubt

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