MARINA THEATRE TRUST

Registered charity 1149133 · accounts filings on the Charity Commission register

To advance the arts by the development of the Marina Theatre in Lowestoft by providing a wide range of arts and live performance activities befitting Lowestoft audiences and the surrounding area. To promote the presentation of and engagement in the arts for public benefit in the Theatre and in the Lowestoft area.

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

Latest income
£2.2m
Latest spending
£2.1m
Registered
2012
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a surplus of £70,257 for the year ended 31 March 2025, with free reserves increasing to £250,134. Per the trustees' report, the charity considers it has sufficient reserves to manage the impact of a short theatre closure required for redevelopment works. The trustees confirmed that no material uncertainties exist regarding the charity's ability to continue as a going concern.

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

What the accounts disclose

Reserves policy: three to six months of operational reserves (£120,000 - £240,000) (held: £250k)
“Trustees agree that this is the level of reserves the Trust is aiming for. For the Marina Theatre Trust this is £120,000 - £240,000.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Lowestoft Town Council
“During the period the Trust received £150,000 (2024: £150,000) from Lowestoft Town Council in accordance with the management agreement.” — page 26
“The property occupied by the Trust is owned by Lowestoft Town Council and during the year rent was paid to the Council of £20,000 (2024: £20,000).” — page 26
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Lowestoft Town Council
“During the period the Trust received £150,000 (2024: £150,000) from Lowestoft Town Council in accordance with the management agreement.” — page 26
“The property occupied by the Trust is owned by Lowestoft Town Council and during the year rent was paid to the Council of £20,000 (2024: £20,000).” — page 26
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: East Suffolk Council
“During the period the Trust received £150,000 (2024: £150,000) from Lowestoft Town Council in accordance with the management agreement.” — page 26
“The property occupied by the Trust is owned by Lowestoft Town Council and during the year rent was paid to the Council of £20,000 (2024: £20,000).” — page 26
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Related individual (father of management team member)
“During the period the Trust received £150,000 (2024: £150,000) from Lowestoft Town Council in accordance with the management agreement.” — page 26
“The property occupied by the Trust is owned by Lowestoft Town Council and during the year rent was paid to the Council of £20,000 (2024: £20,000).” — page 26
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Related individual (mother of management team member)
“During the period the Trust received £150,000 (2024: £150,000) from Lowestoft Town Council in accordance with the management agreement.” — page 26
“The property occupied by the Trust is owned by Lowestoft Town Council and during the year rent was paid to the Council of £20,000 (2024: £20,000).” — page 26
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Marina Theatre Trading Limited
“On 26 January 2017 the Trust incorporated its wholly owned trading company, Marina Theatre Trading Limited, which carries out the operation of the café and bar within the theatre.” — page 8
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Lovewell Blake LLP. Discloses 5 of 6 completeness components.

Leadership, per the charity’s website

Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.

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)

1 registered title in England and Wales held by the charity’s company or corporate body (0 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Public profiles (found on the charity’s own website): facebook · instagram

Structured financials (annual return, FY ending 31/03/2025)

Total income
£2.2m
Total spending
£2.1m
Cost of raising funds
£207k
Reserves (reported)
£250k
Employees
44

Reported reserves equal ~1.4 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Charitable activities (89% 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: 9.5% of total income — above the median for charities its size (5.2%) (benchmarks).

Trustees · trustee networks

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

Operates in: Suffolk

Income and spending

Financial year endIncomeSpending
31/03/2025£2.2m£2.1m
31/03/2024£1.8m£1.9m
31/03/2023£1.6m£1.7m
31/03/2022£1.3m£1.2m
31/03/2021£725k£556k

Common questions

Is MARINA THEATRE TRUST financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a surplus of £70,257 for the year ended 31 March 2025, with free reserves increasing to £250,134. Per the trustees' report, the charity considers it has sufficient reserves to manage the impact of a short theatre closure required for redevelopment works. The trustees confirmed that no material uncertainties exist regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by Lovewell Blake LLP.

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 MAYFLOWER THEATRE TRUST.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
MARINA THEATRE TRUST£2.2m—0above—no doubt
THE MAYFLOWER THEATRE TRUST FY2025£28.8m£190,001 - £200,000—above—no doubt
SCARBOROUGH THEATRE TRUST LIMITED FY2025£3.1m——below—noted
THE NEW THEATRE ROYAL-TRUSTEES (PORTSMOUTH) LIMITED FY2025£1.4m—0unclear—no doubt
LEICESTER THEATRE TRUST LIMITED FY2025£18.5m——unclear—no doubt
THE BARN THEATRE TRUST LIMITED FY2025£243k—0unclear—no doubt

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