THEATRE ROYAL HAYMARKET MASTERCLASS TRUST

Registered charity 1159840 · accounts filings on the Charity Commission register

THE TRUST PROVIDES ACCESS TO ALL ASPECTS OF THEATRE, FREE OF CHARGE, TARGETING 16-30 YEAR OLDS FROM ALL BACKGROUNDS THROUGH A REGULAR PROGRAMME OF EVENTS AND SPECIAL PROJECTS, WORKSHOPS, INTERNSHIPS, CAREERS ADVICE, CREATIVE AND NETWORKING OPPORTUNITES. THE ACTIVITIES OF THE TRUST WERE TRANSFERRED OVER FROM THE THEATRE ROYAL HAYMARKET MASTERCLASS TRUST, REGISTERED CHARITY NUMBER 1070117

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

Latest income
£174k
Latest spending
£183k
Registered
2015
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net deficit of £9,532 for the year ended 31 December 2024, with total income of £173,919 against total expenditure of £183,451. Per the trustees' report, unrestricted reserves stood at £57,168, which the trustees consider sufficient given their policy to keep reserves to a minimum, guided by three months' core expenditure. The trustees confirm the charity remains a going concern, citing a healthy mix of grant funding and earned income.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: three months' core expenditure (held: £57k)
“The Trustees have agreed that free reserves need only be kept to a minimum, with three months’ core expenditure taken as a guide.” — page 12
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Theatre Royal Haymarket Limited
“A sum of £1,323 (2023: £1,295) was paid to the company in respect of staging of events for the charity. Theatre Royal Haymarket Limited also donated a sum of £15,000 (2023 - £25,000) during the year.”
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Funders the charity credits

Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).

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

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Trustees · trustee networks

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

Operates in: Throughout England

Income and spending

Financial year endIncomeSpending
31/12/2024£174k£183k
31/12/2023£174k£184k
31/12/2022£149k£185k
31/12/2021£208k£186k
31/12/2020£141k£149k

Common questions

Is THEATRE ROYAL HAYMARKET MASTERCLASS TRUST financially healthy?

Per its FY2024 accounts: The accounts state that the charity reported a net deficit of £9,532 for the year ended 31 December 2024, with total income of £173,919 against total expenditure of £183,451. Per the trustees' report, unrestricted reserves stood at £57,168, which the trustees consider sufficient given their policy to keep reserves to a minimum, guided by three months' core expenditure. The trustees confirm the charity remains a going concern, citing a healthy mix of grant funding and earned income. Its FY2024 accounts were independently examined.

Who funds THEATRE ROYAL HAYMARKET MASTERCLASS TRUST?

Funders whose own accounts filings name THEATRE ROYAL HAYMARKET MASTERCLASS TRUST as a grant recipient include MARIA BJORNSON MEMORIAL FUND, HYDE PARK PLACE ESTATE CHARITY, THE MACKINTOSH FOUNDATION, The Ashley Family Foundation, THE JOHN COATES CHARITABLE TRUST.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
MARIA BJORNSON MEMORIAL FUNDFY2024£5k
HYDE PARK PLACE ESTATE CHARITYFY2023£5kProviding relief for those in need or sickness and the advancement of life
HYDE PARK PLACE ESTATE CHARITYFY2022£5k
THE MACKINTOSH FOUNDATIONFY2025£5k
The Ashley Family FoundationFY2022£4k
THE JOHN COATES CHARITABLE TRUSTFY2024£4k
THE JOHN COATES CHARITABLE TRUSTFY2023£4k
DR RADCLIFFE'S TRUSTFY2022£3kPaid Costuming Internships
THE AUSTIN AND HOPE PILKINGTON TRUSTFY2022£1kQuarterly Grants for Institutions - Round One - The Arts Early Career Projects