TYNE THEATRE AND OPERA HOUSE PRESERVATION TRUST
To acquire, restore and preserve for the benefit of the public at large the Grade One Listed Building known as The Tyne Theatre and Opera House.
Financial health, per its FY2025 accounts
The accounts state that the charity generated a net movement in funds of £293,157, driven by increased trading income and substantial grant funding. Consolidated free reserves stood at £629,918, while total consolidated reserves were £1,653,796, which the trustees consider adequate to meet the policy target of maintaining six months of reserves in the event of significant income loss.
What the accounts disclose
“The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was: 2025 1 £60,000 - £69,999” — page 26
“The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was: 2025 1” — page 26
“The Trustees objective is to maintain the charity for at least six months in the event of significant loss of income or unforeseen event.” — page 8
“During the year, the charitable company paid remuneration to the value of £2,100 (2024: £1,380), to one Trustee in relation to mentor fees for the Youth Company Production.” — page 33
“During the year, the charitable company paid remuneration to the value of £2,100 (2024: £1,380), to one Trustee in relation to mentor fees for the Youth Company Production.” — page 33
“During the year, wages and associated costs totalling £82,902 (2024: £45,312) and theatre production costs totalling £1,541 were recharged to the charitable company from its trading subsidiary.” — page 33
“During the year, the charitable company paid remuneration to the value of £2,100 (2024: £1,380), to one Trustee in relation to mentor fees for the Youth Company Production.” — page 33
“During the year, wages and associated costs totalling £82,902 (2024: £45,312) and theatre production costs totalling £1,541 were recharged to the charitable company from its trading subsidiary.” — page 33
“During the year, the charitable company paid remuneration to the value of £2,100 (2024: £1,380), to one Trustee in relation to mentor fees for the Youth Company Production.” — page 33
“During the year, wages and associated costs totalling £82,902 (2024: £45,312) and theatre production costs totalling £1,541 were recharged to the charitable company from its trading subsidiary.” — page 33
“During the year, the charitable company paid remuneration to the value of £2,100 (2024: £1,380), to one Trustee in relation to mentor fees for the Youth Company Production.” — page 33
“During the year, wages and associated costs totalling £82,902 (2024: £45,312) and theatre production costs totalling £1,541 were recharged to the charitable company from its trading subsidiary.” — page 33
“The consolidated financial statements incorporate those of the charitable company, Tyne Theatre and Opera House Preservation Trust and its wholly owned trading subsidiary, Tyne Theatre & Opera House Limited.” — page 21
Year-over-year changes
- Employees paid over £60,000: 0 (FY2024) → 1 (FY2025).
Corporate structure
- Registered company of the charity Companies House 03874271
- Trading subsidiary: TYNE THEATRE & OPERA HOUSE LIMITED Companies House 09330825
Leadership, per the charity’s website
- Philip Bernays OBE — Chair
- Jonathan Higgins — Chief Executive
Funders the charity credits
- National Lottery Heritage Fund
Company officers (Companies House)
- JOHNSTON, Philip Alexander Francis not on trustee list
- KELSALL, Ian Gordon on trustee list
- SQUIRES, Chloe Maria on trustee list
- FADDEN, Kathleen, Dr on trustee list
- GRAHAM, Rebecca Jay on trustee list
- SINGH, Rajinder not on trustee list
- HERNANDEZ LAFFEY, Sonia Maria not on trustee list
- DOUGAL, Rosalind on trustee list
- RICHARDSON, John on trustee list
- WILMOT, Michael John on trustee list
- LLOYD, James William on trustee list
- SPEKER, Barry Neil not on trustee list
- WEAKLEY, David Anthony
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- BARRY NEIL SPEKER OBE DL
- Chloe Maria Squires
- Dr Kathleen Fadden
- Ian Gordon Kelsall
- James Lloyd
- John Richardson
- MICHAEL JOHN WILMOT
- Philip Bernays
- Rajinder Singh JP
- Rebecca Jay Graham
- Rosalind Dougal
- Sonia Maria Hernandez Laffey
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £2.7m | £2.4m |
| 31/03/2024 | £1.7m | £1.7m |
| 31/03/2023 | £1.5m | £1.2m |
| 31/03/2022 | £912k | £762k |
| 31/03/2021 | £65k | £157k |
Common questions
Is TYNE THEATRE AND OPERA HOUSE PRESERVATION TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity generated a net movement in funds of £293,157, driven by increased trading income and substantial grant funding. Consolidated free reserves stood at £629,918, while total consolidated reserves were £1,653,796, which the trustees consider adequate to meet the policy target of maintaining six months of reserves in the event of significant income loss. Its FY2025 accounts were audited by Sumer Auditco Limited.
What does the highest-paid employee of TYNE THEATRE AND OPERA HOUSE PRESERVATION TRUST earn?
Per its FY2025 accounts, the highest-paid employee was in the £60,001 - £70,000 band, and 1 employees earned over £60,000.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 18/06/2026 | £557k | "Tyne Theatre & Opera House – Conservation for Community" |
| Community Foundation North East | 16/10/2025 | £500 | Grant to Tyne Theatre and Opera House Preservation Trust |
| The National Lottery Heritage Fund | 12/02/2025 | £248k | "Tyne Theatre & Opera House - The Gallery Restoration Project" |
| The National Lottery Heritage Fund | 19/05/2022 | £242k | "Tyne Theatre & Opera House - Historic Stage Machinery & Performance Calendar - Community Activities" |
| Community Foundation North East | 17/06/2021 | £500 | A grant to Tyne Theatre and Opera House Preservation Trust |
| Community Foundation North East | 02/06/2017 | £150 | General contribution |
| The National Lottery Heritage Fund | 17/12/2007 | £50k | "Tyne Theatre and Opera House Development Planning" |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE THEATRES TRUST CHARITABLE FUND | 3 | £24k |
| The Marks Family Charitable Trust | 1 | — |
| THE OLD VIC ENDOWMENT TRUST | 1 | £3.6m |
| National Philanthropic Trust UK Limited | 1 | £2.0m |
| THE FOYLE FOUNDATION | 1 | £200k |
| THE GOSLING FOUNDATION LIMITED | 1 | £100k |
| THE ADRIAN SWIRE CHARITABLE TRUST | 1 | £30k |
| THE JOHN COATES CHARITABLE TRUST | 1 | £15k |
Charities like this
- NEWCASTLE UPON TYNE MUSICAL THEATRE COMPANY
- UNITY THEATRE TRUST
- THE OLD VIC THEATRE TRUST 2000
- NEWCASTLE THEATRE ROYAL TRUST LIMITED
- BLACKPOOL GRAND THEATRE TRUST LIMITED
- THE THEATRES TRUST CHARITABLE FUND
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| TYNE THEATRE AND OPERA HOUSE PRESERVATION TRUST | £2.7m | £60,001 - £70,000 | 1 | unclear | — | no doubt |
| NEWCASTLE UPON TYNE MUSICAL THEATRE COMPANY | £174k | — | 0 | unclear | — | no doubt |
| UNITY THEATRE TRUST | £228k | — | 0 | above | — | no doubt |
| THE OLD VIC THEATRE TRUST 2000 | £25.5m | — | 17 | unclear | — | no doubt |
| NEWCASTLE THEATRE ROYAL TRUST LIMITED | £16.3m | — | — | unclear | — | no doubt |
| BLACKPOOL GRAND THEATRE TRUST LIMITED | £227k | — | 0 | below | — | no doubt |