THE ALBANY THEATRE TRUST
To promote well-being through Arts for Life we Engage,Inspire and Create. Our Objectives: to enrich the cultural life of Coventry; to support and reflect all members of our community; to create for all volunteering and training opportunities to engage with the arts; to provide an inclusive high quality programme that represents all performance-related arts and to make the most of our resources.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £140,690 for the year ended 31 March 2025, resulting in net current liabilities of £149,604. The trustees confirm the financial statements are prepared on a going concern basis, citing sufficient funds and support to continue operations for at least 12 months. Reserves policy aims for six months of operating expenses, but free reserves are currently negative.
What the accounts disclose
“The current aim of the Trust is to hold reserves approximating to 6 months operating expenses”
“The 2024 - 2025 Annual Report was filed late to both Companies House and the Charities Commission for the reasons explained in that report.” — page 4
“Because of the situation described above, it was not possible to hold an AGM in 2025, however one is planned for early 2026 to deal with the accounts, cover the developments of the last two years, and discuss future plans”
“The 2024 - 2025 Annual Report was filed late to both Companies House and the Charities Commission for the reasons explained in that report.” — page 4
“Because of the situation described above, it was not possible to hold an AGM in 2025, however one is planned for early 2026 to deal with the accounts, cover the developments of the last two years, and discuss future plans”
“The Albany Theatre Trust owns 100% of the ordinary share capital of Albany Productions Limited (Registered No. 12288801)” — page 19
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- DAVID MEREDITHchair
- ANTHONY CLIVE BENFIELD GCStJ
- Andrew Ian Hardy
- Carol Denise Thomas
- Caroline Francesca Gibbons
- Julie Ashby-Ellis
- LAURENCE MOORE
- Sarah Catherine Jordan
- Sherril Judith Ann Donaldson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £849k | £990k |
| 31/03/2024 | £2.9m | £903k |
| 31/03/2023 | £1.4m | £865k |
| 31/03/2022 | £1.1m | £637k |
| 31/03/2021 | £515k | £444k |
Common questions
Is THE ALBANY THEATRE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net deficit of £140,690 for the year ended 31 March 2025, resulting in net current liabilities of £149,604. The trustees confirm the financial statements are prepared on a going concern basis, citing sufficient funds and support to continue operations for at least 12 months. Reserves policy aims for six months of operating expenses, but free reserves are currently negative. Its FY2025 accounts were independently examined.
Who funds THE ALBANY THEATRE TRUST?
Funders whose own accounts filings name THE ALBANY THEATRE TRUST as a grant recipient include GARFIELD WESTON FOUNDATION, THE EDWARD CADBURY CHARITABLE TRUST, THE EDWARD AND DOROTHY CADBURY TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| GARFIELD WESTON FOUNDATION | FY2024 | £200k | Arts |
| THE EDWARD CADBURY CHARITABLE TRUST | FY2022 | £5k | Arts and Culture |
| THE EDWARD CADBURY CHARITABLE TRUST | FY2023 | £3k | Arts and Culture |
| THE EDWARD AND DOROTHY CADBURY TRUST | FY2022 | £1k | Arts and Culture |
| THE EDWARD AND DOROTHY CADBURY TRUST | FY2023 | £1k | Arts and Culture |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 11/01/2017 | £10k | Spon Spun |