CHICHESTER FESTIVAL THEATRE

Registered charity 1088552 · accounts filings on the Charity Commission register

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.

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Latest income
£20.2m
Latest spending
£21.8m
Registered
2001
Accounts read
FY2026

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.

Automated summary of the FY2026 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Fundraising cost ratio: 11.0% of fundraised income, as disclosed
“Our total Sponsorship and Fundraising represents 11% of our total annual income.” — page 10
Per its FY2026 accounts as filed with the Charity Commission.
Reserves policy: sufficient level of available financial reserves and liquid funds to safeguard our financial position (held: £1.3m)
“CFT’s policy is to maintain a sufficient level of available financial reserves and liquid funds to safeguard our financial position.” — page 12
Per its FY2026 accounts as filed with the Charity Commission.
Related-party transaction: Flintlock Marketing Ltd, where Trustee Natasha Gladman is a Director.
“Additionally CFT incurred costs of £750 with Flintlock Marketing Ltd, where Natasha Gladman, Trustee, is a Director.” — page 34
Per its FY2026 accounts as filed with the Charity Commission.
Trading subsidiary: CFT Productions Ltd, CFT Enterprises Ltd
“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.”
Per its FY2026 accounts as filed with the Charity Commission.

Accounts audited by HaysMac LLP. Discloses 4 of 6 completeness components.

Corporate structure

CFT PRODUCTIONS LIMITED — per its own Companies House accounts
  • Turnover: £8.6m
  • Profit before tax: £-2.1m
  • 2136338
CFT ENTERPRISES LIMITED — per its own Companies House accounts
  • 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)

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)

4 registered titles in England and Wales held by the charity’s company or corporate body (1 freehold); recorded price paid £1.6m. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Structured financials (annual return, FY ending 31/03/2026)

Total income
£20.2m
Total spending
£21.8m
Cost of raising funds
£546k
Reserves (reported)
£6.4m
Employees
187

Reported reserves equal ~3.5 months of spending — below the median for charities its size (median 4.6 months; benchmarks).

Per its annual return, largest income source: Charitable activities (62% 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: 2.7% of total income — below the median for charities its size (3.8%) (benchmarks).

Register events

Trustees · trustee networks

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

Operates in: West Sussex

Income and spending

Financial year endIncomeSpending
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

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).

FunderDateAmountPurpose
The National Lottery Heritage Fund02/10/2024£85k"From New Ventures to The Nest: hatching creativity at CFT"
The National Lottery Heritage Fund30/11/2011£1.3m"RENEW"

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 NEWCASTLE THEATRE ROYAL TRUST LIMITED.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
CHICHESTER FESTIVAL THEATRE£20.2m——unclear11.0%no doubt
NEWCASTLE THEATRE ROYAL TRUST LIMITED FY2025£16.3m——unclear—no doubt
THE CROWN WHARF THEATRE FY2025£94k—0above—no doubt
MERLIN THEATRE TRUST LIMITED FY2025£270k—0above9.6%no doubt
COLCHESTER MERCURY THEATRE LIMITED FY2025£5.8m—4unclear—no doubt
THE KINGS THEATRE TRUST LIMITED FY2025£5.7m——above—no doubt

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