TITCHFIELD FESTIVAL THEATRE LIMITED
The charity operates the Great barn. This structure is the 3rd largest medieval barn in Europe. It's structure is largely intact. ThecCharity have installed a 175 seat theatre inside the barn and have renovated the barn in order to hold wedding ceremonies and receptions there. It is used also as an educational facility as well as hosting the annual Titchfield Shakespeare Festival
Financial health, per its FY2022 accounts
The accounts state that the charity reported a surplus for the year and increased its cash holdings to £233,000, reflecting strong box office recovery post-pandemic. However, the trustees note that reserves are largely restricted or tied up in property assets, with only £144,000 in free unrestricted reserves available for ongoing operations. The organization faces significant future capital requirements for the Arden theatre project, which is funded partly by borrowings totaling £2 million.
What the accounts disclose
“Our £144k of free reserves includes just over three months' operating costs covering overheads and potential show costs. This is in line with the policy target set by the Trustees that we should hold free reserves of between three and six months of such costs.”
“The Trustees believe that the organisation is well placed to manage its business risks successfully and have a reasonable expectation that, alongside their strategy for handling the impact of the Covid-19 pandemic, the Group has adequate resources and cash to continue in operational existence for the foreseeable future. However, we note the potential significant capital requirements for the coming years, in particular the costs of the Arden theatre project, and the fact that our reserves, whilst strong, are largely restricted and designated and, because tied up on property and other assets, not fully covered by liquid funds.” — page 16
“This aligns with our sister companies Titchfield Festival Theatre Productions Limited and our Youth offering via TYMT( Titchfield Youth Musical theatre) and TYT (Titchfield Youth Theatre) which supports us in delivering an ambitious programme of work on-stage.” — page 6
Charity Commission inquiry
“The Commission has escalated its engagement with the charity to a statutory inquiry.”
“further concerns came to the regulator’s attention relating to its accounting information, outstanding accounts and potential unmanaged conflicts of interest.”
“regulatory concerns that there is or has been misconduct and/ or mismanagement in the administration of the charity.”
Insolvency history (Companies House)
Corporate structure
- Trading subsidiary: TITCHFIELD FESTIVAL THEATRE PRODUCTIONS LIMITED Companies House 05156719
- Trading subsidiary: SOUTH COAST SYMPHONIA LIMITED Companies House 07673256
- Registered company of the charity Companies House 08066633
- Change of accounting reference date
- The company has called up share capital not paid of £100 (2025) and £100 (2024).
Company officers (Companies House)
- MILBURN, Christopher on trustee list
- JAMES, Alan on trustee list
Property (HM Land Registry)
Structured financials (annual return, FY ending 30/06/2022)
Register events
- Received assets from another charity (13/12/2023)
Trustees
- Alan James
- Christopher Milburn
- Janette Elizabeth Evans
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | — | — |
| 30/06/2024 | — | — |
| 30/06/2023 | — | — |
| 30/06/2022 | £3.2m | £3.0m |
| 30/06/2021 | £783k | £688k |
Common questions
Is TITCHFIELD FESTIVAL THEATRE LIMITED financially healthy?
Per its FY2022 accounts: The accounts state that the charity reported a surplus for the year and increased its cash holdings to £233,000, reflecting strong box office recovery post-pandemic. However, the trustees note that reserves are largely restricted or tied up in property assets, with only £144,000 in free unrestricted reserves available for ongoing operations. The organization faces significant future capital requirements for the Arden theatre project, which is funded partly by borrowings totaling £2 million. Its FY2022 accounts were audited by Selwyn Miles & Company.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE THEATRES TRUST CHARITABLE FUND | 2 | £24k |
| THE JOHN THAW FOUNDATION | 2 | £3k |
| Laidlaw Opera Trust | 1 | £458k |
| THE MICHAEL BISHOP FOUNDATION | 1 | £268k |
| THE FOYLE FOUNDATION | 1 | £98k |
| SCARBOROUGH THEATRE DEVELOPMENT TRUST | 1 | £54k |
| THE LINBURY TRUST | 1 | £50k |
| THE JOHN BOOTH CHARITABLE FOUNDATION | 1 | £25k |
Charities like this
- THE BARN THEATRE TRUST LIMITED
- TALL STORIES THEATRE COMPANY LIMITED
- THE CHIPPING NORTON THEATRE LIMITED
- THE GRANGE FESTIVAL
- SCARBOROUGH THEATRE TRUST LIMITED
- MERLIN THEATRE TRUST LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| TITCHFIELD FESTIVAL THEATRE LIMITED | £3.2m | — | 0 | within | — | noted |
| THE BARN THEATRE TRUST LIMITED | £243k | — | 0 | unclear | — | no doubt |
| TALL STORIES THEATRE COMPANY LIMITED | £2.9m | — | 0 | above | — | no doubt |
| THE CHIPPING NORTON THEATRE LIMITED | £1.8m | — | 0 | unclear | — | no doubt |
| THE GRANGE FESTIVAL | £4.0m | £60,001 - £70,000 | — | unclear | — | no doubt |
| SCARBOROUGH THEATRE TRUST LIMITED | £3.1m | — | — | below | — | noted |