THEATRE503 LIMITED

Registered charity 1115555 · accounts filings on the Charity Commission register · also known as THEATRE503

The Charity maintains a year-round programme of plays and events that it presents to the public, with a focus on new writing.These events include educational projects, captioned performances for audience members who arehard of hearing and off-site performances for those who are unable to access the auditorium due to disability.

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

Latest income
£553k
Latest spending
£616k
Registered
2006
Accounts read
FY2026

Financial health, per its FY2026 accounts

The accounts state that the charity reported a net expenditure of £63,077 for the year, resulting in a decrease in total funds from £580,196 to £517,119. The trustees note the ongoing precarious economic and fundraising climate but maintain that the charity has adequate resources to continue in operational existence. Reserves are held at £517,119, significantly above the stated policy target of £60,000 for the 2026/27 financial year.

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

What the accounts disclose

Reserves policy: three months of unrestricted expenditure (held: £517k)
“In 2025/26 our reserves target is £50,000, increasing to £60,000 in 2026/27, and £70,000 in 2027/28.”
Per its FY2026 accounts as filed with the Charity Commission.
Going concern: noted by the trustees or auditor
“After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future, in the understanding of the increased risk posed as a result of the ongoing precarious economic and fundraising climate, and the increasing operating costs felt across the sector.” — page 7
Per its FY2026 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

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

Total income
£553k
Total spending
£616k
Reserves (reported)
£38k
Employees
7

Reported reserves equal ~0.7 months of spending — in the bottom quarter for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Charitable activities (100% 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: 0.0% of total income — below the median for charities its size (4.9%) (benchmarks).

Trustees · trustee networks

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

Operates in: Wandsworth

Income and spending

Financial year endIncomeSpending
31/03/2026£553k£616k
31/03/2025£965k£612k
31/03/2024£454k£385k
31/03/2023£410k£410k
31/03/2022£452k£484k

Common questions

Is THEATRE503 LIMITED financially healthy?

Per its FY2026 accounts: The accounts state that the charity reported a net expenditure of £63,077 for the year, resulting in a decrease in total funds from £580,196 to £517,119. The trustees note the ongoing precarious economic and fundraising climate but maintain that the charity has adequate resources to continue in operational existence. Reserves are held at £517,119, significantly above the stated policy target of £60,000 for the 2026/27 financial year. Its FY2026 accounts were independently examined.

Who funds THEATRE503 LIMITED?

Funders whose own accounts filings name THEATRE503 LIMITED as a grant recipient include BACKSTAGE TRUST, THE FOYLE FOUNDATION, THE WILLIAMS CHARITABLE TRUST, THE FENTON ARTS TRUST, THE IDLEWILD TRUST.

Known funders

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

FunderYearAmountPurpose (as stated by the funder)
BACKSTAGE TRUSTFY2025£100kCore funding
THE FOYLE FOUNDATIONFY2024£75k
THE WILLIAMS CHARITABLE TRUSTFY2025£15k
THE FENTON ARTS TRUSTFY2025£5k
THE IDLEWILD TRUSTFY2024£5k
THE WILLIAMS CHARITABLE TRUSTFY2024£5k

Government & lottery funding

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

FunderDateAmountPurpose
City Bridge Foundation03/06/2010£3kGrant to Theatre503
The National Lottery Community Fund20/11/2009£6kWandsworth Young Community Leaders

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 THE CRITERION THEATRE TRUST.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THEATRE503 LIMITED£553k—0unclear—noted
THE CRITERION THEATRE TRUST FY2024£4.4m——unclear—no doubt
THE TORCH THEATRE COMPANY LIMITED FY2025£1.9m—0below—no doubt
COMPANY THREE THEATRE FY2025£554kUnder £60,0000unclear—no doubt
THE BARN THEATRE TRUST LIMITED FY2025£243k—0unclear—no doubt
SOUTH LONDON THEATRE CENTRE LIMITED FY2025£183k—0below—no doubt

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