THE NEW WOLSEY THEATRE COMPANY LIMITED
With a stated mission of presenting high quality, diverse and accessible work, the New Wolsey Theatre Ipswich has emerged as a national leader recognised for the diversity of its audiences; for engaging with a broad cross-section of theatre-going and non-theatre-going communities; for nurturing and developing black and minority ethnic artists; and for its style of actor/musician productions.
Objects
THE COMPANY IS ESTABLISHED TO PROMOTE, MAINTAIN, IMPROVE AND ADVANCE EDUCATION, PARTICULARLY BY THE PRODUCTION OF PLAYS AND THE ENCOURAGEMENT OF THE ARTS, INCLUDING THE ARTS OF DRAMA, MIME, SINGING AND MUSIC, AND TO FORMULATE, PREPARE AND ESTABLISH SCHEMES THEREFORE PROVIDED THAT ALL OBJECTS OF THE COMPANY SHALL BE OF A CHARITABLE NATURE.
Financial health, per its FY2025 accounts
The accounts state that the charity generated a net surplus of £52,788 for the year ended 31 March 2025, with total income of £3,356,965 and total expenditure of £3,304,177. Per the trustees' report, free unrestricted reserves stood at £1,067,155, which is above the stated policy target range of £750,000-£850,000. The auditors confirmed that the use of the going concern basis of accounting was appropriate with no material uncertainties identified.
What the accounts disclose
“Turnover in 2024-2025 amounted to £3,356,965 of which 35% (£1,167,728) was received in unrestricted core grants from our major funders, 1% (£41,185) was received in restricted activity project grants with the remaining 64% (£2,148,052) received in income generated by charitable activities (box office, donations, fundraising and investments).” — page 12
“The Trustees’ current assessment of free unrestricted reserves needed at the end of a financial year is within the range of £750,000-£850,000.” — page 12
“During the year, the charity provided free use of space within the Theatre to the spouse of a member of key management to deliver ‘Wolsey Writers’ (community projects) and also hired out space in the NW2 community building to deliver writing workshops. The charity charged £148 for the service of processing the income for both strands of activity and £120 in hire charges. As at 31 March 2025, the charity owed £934 (2024- £233) in respect of matured sales less charges.” — page 50
“During the year the charity incurred costs of £450,187 (2024 - £653,188) from New Wolsey Theatre Productions Limited. The charity also received fees of £607,649 (2024 - £849,093) and payroll reimbursement costs of £Nil (2023 - £93,765) from New Wolsey Theatre Productions Limited. The balance owing from New Wolsey Theatre Productions Limited at the year end is £220,943 (2024 £109,220). New Wolsey Theatre Productions Limited is a wholly owned subsidiary of the charity, with further information included in note 14.” — page 50
“During the year, the charity provided free use of space within the Theatre to the spouse of a member of key management to deliver ‘Wolsey Writers’ (community projects) and also hired out space in the NW2 community building to deliver writing workshops. The charity charged £148 for the service of processing the income for both strands of activity and £120 in hire charges. As at 31 March 2025, the charity owed £934 (2024- £233) in respect of matured sales less charges.” — page 50
“During the year the charity incurred costs of £450,187 (2024 - £653,188) from New Wolsey Theatre Productions Limited. The charity also received fees of £607,649 (2024 - £849,093) and payroll reimbursement costs of £Nil (2023 - £93,765) from New Wolsey Theatre Productions Limited. The balance owing from New Wolsey Theatre Productions Limited at the year end is £220,943 (2024 £109,220). New Wolsey Theatre Productions Limited is a wholly owned subsidiary of the charity, with further information included in note 14.” — page 50
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/03/2025
- Volunteers: 94
- Government income: £1,187,718 — grants £1,187,718 (8); 35% of the £3,356,965 total gross income on the same return
- Employees paid over £60,000: 1 (£60,001–£70,000: 1)
- Has a trading subsidiary
Self-declared on the annual return for the financial year ending 31/03/2024
- Volunteers: 102
- Government income: £1,199,962 — grants £1,199,962 (8); 36% of the £3,322,832 total gross income on the same return
- Employees paid over £60,000: 1 (£60,001–£70,000: 1)
- Has a trading subsidiary
Self-declared on the annual return for the financial year ending 31/03/2023
- Volunteers: 102
- Government income: £1,308,172 — grants £1,308,172 (10); 37% of the £3,549,889 total gross income on the same return
- Has a trading subsidiary
Leadership, per the charity’s website
- Douglas Rintoul — Chief Executive/Artistic Director
Funders the charity credits
- Arts Council England
- Ipswich Borough Council
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Alice Louise Hardaker
- Colm Gerard James Seeley
- Jamie Elliot Beddard
- Jason John Webbsmall-Eghan
- Laura Herbert
- Louise Clark
- Marc Edward Bradbrook
- Sarah Nicola Sheppard
- Wendy Jane Herber
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £3.4m | £3.3m |
| 31/03/2024 | £3.3m | £3.2m |
| 31/03/2023 | £3.5m | £3.8m |
| 31/03/2022 | £2.9m | £3.7m |
| 31/03/2021 | £3.0m | £1.8m |
Common questions
Is THE NEW WOLSEY THEATRE COMPANY LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity generated a net surplus of £52,788 for the year ended 31 March 2025, with total income of £3,356,965 and total expenditure of £3,304,177. Per the trustees' report, free unrestricted reserves stood at £1,067,155, which is above the stated policy target range of £750,000-£850,000. The auditors confirmed that the use of the going concern basis of accounting was appropriate with no material uncertainties identified. Its FY2025 accounts were audited by Larking Gowen LLP.
Who funds THE NEW WOLSEY THEATRE COMPANY LIMITED?
Funders whose own accounts filings name THE NEW WOLSEY THEATRE COMPANY LIMITED as a grant recipient include THE THEATRES TRUST CHARITABLE FUND.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE THEATRES TRUST CHARITABLE FUND | FY2025 | £11k |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| UK government | 13/12/2021 | £953k | National Portfolio Organisations |
| The National Lottery Community Fund | 01/04/2015 | £8k | Raising Aspirations |
| The National Lottery Community Fund | 24/11/2006 | £6k | New Theatre Writers Project |
| The National Lottery Community Fund | 23/03/2006 | £4k | Young Peoples Storytelling |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE BRANSFORD TRUST | 1 | £43k |
| THE BARBARA WARD CHILDREN'S FOUNDATION | 1 | £18k |
| THE CORCORAN FOUNDATION | 1 | £10k |
| CHARLES S FRENCH CHARITABLE TRUST | 1 | £9k |
| THE ALAN EDWARD HIGGS CHARITY | 1 | £9k |
| THE MACKINTOSH FOUNDATION | 1 | £7k |
| THE HOBSON CHARITY LIMITED | 1 | £7k |
| THE ROSE FOUNDATION | 1 | £5k |
Charities like this
- WORCESTER THEATRES CHARITABLE TRUST LTD
- THE PLEASANCE THEATRE TRUST
- WELSH NATIONAL THEATRE
- NEW VENTURE PRODUCTIONS
- THE OPEN THEATRE COMPANY LIMITED
- GEOFFREY WHITWORTH THEATRE LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE NEW WOLSEY THEATRE COMPANY LIMITED | £3.4m | — | — | unclear | — | no doubt |
| WORCESTER THEATRES CHARITABLE TRUST LTD | £2.6m | — | 0 | unclear | — | no doubt |
| THE PLEASANCE THEATRE TRUST | £5.5m | £80,000 - £89,999 | 1 | unclear | — | no doubt |
| WELSH NATIONAL THEATRE | £849k | — | — | below | — | no doubt |
| NEW VENTURE PRODUCTIONS | £117k | — | 0 | unclear | — | no doubt |
| THE OPEN THEATRE COMPANY LIMITED | £903k | — | 0 | unclear | — | no doubt |