SHANKLIN THEATRE AND COMMUNITY TRUST

Registered charity 1146834 · accounts filings on the Charity Commission register

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.

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Education/training · Disability · Arts/culture/heritage/science · Environment/conservation/heritage · Economic/community Development/employment · Recreation · website · Get email alerts

Latest income
£75k
Latest spending
£67k
Registered
2012
Accounts read
FY2025

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.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: 12 months operating costs in free reserves (held: £180k)
“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
Per its FY2025 accounts as filed with the Charity Commission.

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

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Funders the charity credits

Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).

Property (HM Land Registry)

3 registered titles in England and Wales held by the charity’s company or corporate body (2 freehold); recorded price paid £100k. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Trustees · trustee networks

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

Operates in: Isle Of Wight

Income and spending

Financial year endIncomeSpending
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.