SHANKLIN THEATRE AND COMMUNITY TRUST
To preserve for the benefit of the people of Shanklin and the whole of the Isle of Wight, and of the Nation, the historical building known as Shanklin Theatre and any other buildings or artefacts that define the character of the area (including any structure or erection, and any part of a building as so defined) of particular beauty or historical, architectural or constructional interest.
Objects
THE OBJECTS OF THE CHARITY ARE SPECIFICALLY RESTRICTED TO THE FOLLOWING:1. TO PRESERVE FOR THE BENEFIT OF THE PEOPLE OF SHANKLIN, THE BAY AREA AND THE WHOLE OF THE ISLE OF WIGHT, AND OF THE NATION, THE HISTORICAL, ARCHITECTURAL AND CONSTRUCTIONAL HERITAGE THAT MAY EXIST IN AND AROUND SHANKLIN, THE BAY AREA AND THE WHOLE OF THE ISLE OF WIGHT THE HISTORICAL BUILDINGS OR ARTEFACTS THAT DEFINE THE CHARACTER OF THE AREA (INCLUDING ANY STRUCTURE OR ERECTION, AND ANY PART OF A BUILDING AS SO DEFINED) OF PARTICULAR BEAUTY OR HISTORICAL, ARCHITECTURAL OR CONSTRUCTIONAL INTEREST.2. SUCH CHARITABLE PURPOSES FOR THE PUBLIC BENEFIT AS ARE EXCLUSIVELY CHARITABLE ACCORDING TO THE LAWS OF ENGLAND AND WALES AS THE TRUSTEES MAY FROM TIME TO TIME DETERMINE.
Financial health, per its FY2025 accounts
The accounts state that the charity achieved a net surplus of £5,995 for the year ended 31 March 2025, with total income of £74,920 against charitable expenditure of £68,925. Free reserves stood at £180,296, which is below the stated policy target of holding 12 months of operating costs in free reserves. The charity holds significant fixed assets valued at £501,784 and has unrestricted funds totaling £613,094.
What the accounts disclose
“The Charity's policy is to hold as a minimum the equivalent of 12 months operating costs in free reserves for uncertainties in future income and provide a contingency for unforeseen costs.” — page 6
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Risk management
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Volunteer management
Funders the charity credits
- Shanklin Town Council
- Isle of Wight Council
Property (HM Land Registry)
Trustees
- CHRIS QUIRKchair
- ANTHONY CECIL WOOD
- Carol Diana Harvey
- David Philip Beeson
- Michael Dawson
- Michael Thomas Frank Beston
- Sally Jane Beston
- Sunita McIntosh
- Terry Sidney Harvey
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £75k | £67k |
| 31/03/2024 | £212k | £134k |
| 31/03/2023 | £83k | £39k |
| 31/03/2022 | £85k | £83k |
| 31/03/2021 | £85k | £83k |
Common questions
Is SHANKLIN THEATRE AND COMMUNITY TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity achieved a net surplus of £5,995 for the year ended 31 March 2025, with total income of £74,920 against charitable expenditure of £68,925. Free reserves stood at £180,296, which is below the stated policy target of holding 12 months of operating costs in free reserves. The charity holds significant fixed assets valued at £501,784 and has unrestricted funds totaling £613,094. Its FY2025 accounts were independently examined.