EXETER NORTHCOTT THEATRE COMPANY
Financial health, per its FY2025 accounts
The accounts state that the charity reported a deficit of £82,879 for the year, an improvement on the budgeted deficit, resulting in total unrestricted reserves of £108,564. The trustees note that while the position is healthy, digging into reserves is not sustainable long-term, and the organization remains solvent despite sector challenges. The charity relies on core funding from the University of Exeter, Arts Council England, and Exeter City Council to maintain operations.
What the accounts disclose
“One Student Trustee, who started their tenure in September 2024, was a member of the casual Front of House team but, as they were employed prior to becoming a Trustee, this is within the Charity Commission guidance and did not require permission. That Trustee finished their period of appointment in June 2025.” — page 18
“2 trustees were re-imbursed expenses totalling £695 for travel in respect of their services as trustee. (2024: £nil).” — page 36
“One Student Trustee, who started their tenure in September 2024, was a member of the casual Front of House team but, as they were employed prior to becoming a Trustee, this is within the Charity Commission guidance and did not require permission. That Trustee finished their period of appointment in June 2025.” — page 18
“2 trustees were re-imbursed expenses totalling £695 for travel in respect of their services as trustee. (2024: £nil).” — page 36
Structured financials (annual return, FY ending 31/07/2025)
Register events
- Received assets from another charity (19/03/2024)
Trustees
- Andrew Paul Clay
- David Thomas Balcombe
- Dr Thomas Paul Begbie
- Eleanor Fitz-Gerald
- James Gordon Anthony-Edwards
- Julian Stoneman
- Kingsley Jayasekera
- Lauren Elizabeth Berry
- Lauren King
- Linda Peka
- Professor Jane Rebecca Milling
- Rececca Chapman
- Sarah Elghady
- Thomas Richard Littler
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £3.4m | £3.5m |
| 31/07/2024 | £3.3m | £3.3m |
| 31/07/2023 | £2.9m | £3.0m |
| 31/07/2022 | £3.0m | £2.8m |
| 31/07/2021 | £1.3m | £1.2m |
Common questions
Is EXETER NORTHCOTT THEATRE COMPANY financially healthy?
The accounts state that the charity reported a deficit of £82,879 for the year, an improvement on the budgeted deficit, resulting in total unrestricted reserves of £108,564. The trustees note that while the position is healthy, digging into reserves is not sustainable long-term, and the organization remains solvent despite sector challenges. The charity relies on core funding from the University of Exeter, Arts Council England, and Exeter City Council to maintain operations. Its FY2025 accounts were audited by PKF Francis Clark.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 27/11/2019 | £144k | "Audience Makers - Revealing Exeter Northcott's Hidden Archive" |