CHICHESTER FESTIVAL THEATRE
With its two auditoria, together offering some 1,600 seats, Chichester Festival Theatre is the major publicly funded theatre resource in the South East of England. It aims to balance a repertory of diverse and challenging productions and a socially inclusive educational policy with high attendances from a wide geographic and demographic spread.
Financial health, per its FY2026 accounts
The accounts state that the charity ended the year with a deficit after depreciation of £1,242,198, despite a small pre-depreciation surplus. The trustees report that unrestricted free reserves are £1,262,012, which equates to approximately one month of committed operating costs, though designated funds provide a buffer for three to six months of operational costs.
What the accounts disclose
“Our total Sponsorship and Fundraising represents 11% of our total annual income.” — page 10
“CFT’s policy is to maintain a sufficient level of available financial reserves and liquid funds to safeguard our financial position.” — page 12
“Additionally CFT incurred costs of £750 with Flintlock Marketing Ltd, where Natasha Gladman, Trustee, is a Director.” — page 34
“The company has two subsidiary companies, CFT Productions Ltd and CFT Enterprises Ltd. These entities are included in the consolidated financial statements of Chichester Festival Theatre, and their activities are considered within this report.”
Corporate structure
- Registered company of the charity Companies House 04210225
- Trading subsidiary: CFT ENTERPRISES LIMITED Companies House 06611814
- Trading subsidiary: CFT PRODUCTIONS LIMITED Companies House 09192099
- Turnover: £8.6m
- Profit before tax: £-2.1m
- 2136338
- Turnover: £2.4m
- Profit before tax: £197k
- Donated/gift-aided to the charity: £197k
“The Company made no political or charitable contributions during the period other than a commitment to pay £196,635 (2025: £270,917) to Chichester Festival Theatre, a registered charity, a qualifying charitable donation under gift aid regulations.”
Company officers (Companies House)
- CARTER, Jordi Michael on trustee list
- HUMBY, Daniel William Matthew on trustee list
- MCMEEHAN ROBERTS, Anne not on trustee list
- ADLEMAN, Neil on trustee list
- DILLON, Patrick George on trustee list
- GLADMAN, Natasha Juliette on trustee list
- BROWN-FULLER, Jessica Sian Louise on trustee list
- FOSTER, Mark on trustee list
- PASRICHA, Nitin on trustee list
- ILLINGWORTH, Victoria on trustee list
- SHEPHERD, Philip Anthony on trustee list
- STREET SYLVESTRE, Sonalini Stephanie not on trustee list
- SMITH, Julia Selena
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2026)
Register events
- Received assets from another charity (11/08/2021)
Trustees
- Anne McMeehan Roberts
- CAROLINE DENISE NEWLING
- Daniel William Matthew Humby
- Jessica Sian Louise Brown-Fuller
- Jordi Michael Carter
- MARK FOSTER
- NEIL ADLEMAN
- Natasha Gladman
- Nitin Pasricha
- Patrick George Dillon
- Philip Anthony Shepherd
- Stephanie Street
- Victoria Illingworth
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2026 | £20.2m | £21.8m |
| 31/03/2025 | £23.2m | £21.1m |
| 31/03/2024 | £17.5m | £17.6m |
| 31/03/2023 | £17.2m | £17.7m |
| 31/03/2022 | £11.2m | £12.3m |
Common questions
Is CHICHESTER FESTIVAL THEATRE financially healthy?
Per its FY2026 accounts: The accounts state that the charity ended the year with a deficit after depreciation of £1,242,198, despite a small pre-depreciation surplus. The trustees report that unrestricted free reserves are £1,262,012, which equates to approximately one month of committed operating costs, though designated funds provide a buffer for three to six months of operational costs. Its FY2026 accounts were audited by HaysMac LLP.
Who funds CHICHESTER FESTIVAL THEATRE?
Funders whose own accounts filings name CHICHESTER FESTIVAL THEATRE as a grant recipient include BACKSTAGE TRUST, THE MACKINTOSH FOUNDATION, THE FOYLE FOUNDATION, THE G D CHARITABLE TRUST, THE THEATRES TRUST CHARITABLE FUND.
Known funders
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 02/10/2024 | £85k | "From New Ventures to The Nest: hatching creativity at CFT" |
| The National Lottery Heritage Fund | 30/11/2011 | £1.3m | "RENEW" |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE FIDELITY UK FOUNDATION | 1 | £325k |
| THE MARCELA TRUST | 1 | £100k |
| THE DORFMAN FOUNDATION | 1 | £20k |
| THE LESLIE SMITH FOUNDATION | 1 | £7k |
| THE ROSE FOUNDATION | 1 | £5k |
| THE MIDDLETON FOUNDATION | 1 | £4k |
Charities like this
- NEWCASTLE THEATRE ROYAL TRUST LIMITED
- THE CROWN WHARF THEATRE
- MERLIN THEATRE TRUST LIMITED
- COLCHESTER MERCURY THEATRE LIMITED
- THE KINGS THEATRE TRUST LIMITED
- THE FOLKESTONE - HYTHE OPERATIC AND DRAMATIC SOCIETY
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| CHICHESTER FESTIVAL THEATRE | £20.2m | — | — | unclear | 11.0% | no doubt |
| NEWCASTLE THEATRE ROYAL TRUST LIMITED | £16.3m | — | — | unclear | — | no doubt |
| THE CROWN WHARF THEATRE | £94k | — | 0 | above | — | no doubt |
| MERLIN THEATRE TRUST LIMITED | £270k | — | 0 | above | 9.6% | no doubt |
| COLCHESTER MERCURY THEATRE LIMITED | £5.8m | — | 4 | unclear | — | no doubt |
| THE KINGS THEATRE TRUST LIMITED | £5.7m | — | — | above | — | no doubt |