MEMORIAL HALL AND THEATRE

Registered charity 1155291 · accounts filings on the Charity Commission register · also known as MEMO ARTS CENTRE

The Memo works with the widest group of partners to deliver support and strengthen our connection to our audiences and users of all ages and backgrounds within the context of the local social economic environment. The Memo is the largest arts centre in the Vale of Glamorgan and the only cinema in Barry.

Causes: Education/training · Arts/culture/heritage/science · Environment/conservation/heritage · Recreation · website · Get email alerts

Latest income
£668k
Latest spending
£740k
Registered
2014
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net expenditure of £72,271 for the year ended 31 March 2025, resulting in a decrease in total funds. The trustees report that the charity's financial position is stable, with unrestricted reserves of £3,053,010, although free reserves excluding the building value show a deficit of £75,592. The auditors confirmed that the financial statements are prepared on a going concern basis with no material uncertainties identified.

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

What the accounts disclose

Reserves policy: five months trading expenditure (held: £3.1m)
“MAC has adopted a reserves policy to identify, plan and maintain five months trading expenditure, and reserves to support the maintenance of essential services, and costs reflected in the risks of unplanned closure, spending commitments and potential liabilities.” — page 8
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Xeinadin Audit Limited. Discloses 5 of 6 completeness components.

Property (HM Land Registry)

1 registered title in England and Wales held by the charity’s company or corporate body (1 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
£668k
Total spending
£740k
Reserves (reported)
£76k
Employees
11

Reported reserves equal ~1.2 months of spending — in the bottom quarter for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Charitable activities (90% 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: 0.0% of total income — below the median for charities its size (4.9%) (benchmarks).

Register events

Trustees · trustee networks

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

Operates in: Vale Of Glamorgan

Income and spending

Financial year endIncomeSpending
31/03/2025£668k£740k
31/03/2024£504k£666k
31/03/2023£562k£614k
31/03/2022£463k£442k
31/03/2021£359k£364k

Common questions

Is MEMORIAL HALL AND THEATRE financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a net expenditure of £72,271 for the year ended 31 March 2025, resulting in a decrease in total funds. The trustees report that the charity's financial position is stable, with unrestricted reserves of £3,053,010, although free reserves excluding the building value show a deficit of £75,592. The auditors confirmed that the financial statements are prepared on a going concern basis with no material uncertainties identified. Its FY2025 accounts were audited by Xeinadin Audit Limited.