LYMEARTS COMMUNITY TRUST LIMITED
The principal activity of the trust is the ownership and running of The Marine Theatre. The main activity is theatrical productions and the running of a Youth theatre. Activities also include hiring out of theatre to local user groups and for private functions.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £505,547, an increase from the previous year's £497,473. The charity reported a net decrease in funds of £11,850 for the year, driven by total expenditure exceeding total income. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“In order to ensure the theatre could continue to operate in the event of the circumstance out of the charity's control, the charity continues to work towards building up its unrestricted current assets.” — page 6
“Mrs T Morton received £nil (2024: £1,000) as a director for the Community Play. This was discussed and agreed by all the Trustees.” — page 23
“Mr C Gill received £nil (2024: £200) for the Community Play musical directorship. This was before he became a Trustee.” — page 23
“Mrs T Morton received £nil (2024: £1,000) as a director for the Community Play. This was discussed and agreed by all the Trustees.” — page 23
“Mr C Gill received £nil (2024: £200) for the Community Play musical directorship. This was before he became a Trustee.” — page 23
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2025)
Trustees
- Annie Coleman
- Cheryl Flett
- Christopher Gill
- David Thomas Balcombe
- Markus Boser
- Samantha Knights
- Tessa Morton
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £801k | £813k |
| 31/12/2024 | £935k | £796k |
| 31/12/2023 | £521k | £509k |
| 31/12/2022 | £477k | £436k |
| 31/12/2021 | £305k | £256k |
Common questions
Is LYMEARTS COMMUNITY TRUST LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £505,547, an increase from the previous year's £497,473. The charity reported a net decrease in funds of £11,850 for the year, driven by total expenditure exceeding total income. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were independently examined.
Who funds LYMEARTS COMMUNITY TRUST LIMITED?
Funders whose own accounts filings name LYMEARTS COMMUNITY TRUST 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 | FY2023 | £5k | Small Grants Programme |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 12/09/2024 | £20k | The Golden Oldies Project; combating loneliness; supporting well-being |
| The National Lottery Community Fund | 17/12/2021 | £10k | The Golden Oldies Club |