RTYDS LIMITED
The Regional Theatre Young Director Scheme is a professional artist development programme for new and emerging theatre directors in the UK. We seek out and nurture the most talented theatre directors at the early stage of their careers; developing their skills and experience by placing them in leading regional theatres and providing unique training and professional development opportunities.
Objects
TO ADVANCE EDUCATION FOR THE PUBLIC BENEFIT BY THE PROMOTION OF THE ARTS, IN PARTICULAR BUT NOT EXCLUSIVELY THE ART OF DRAMA.
Financial health, per its FY2026 accounts
The accounts state that the charity reported an unrestricted deficit of £1,373 for the year ended 31 March 2026, which was comfortably covered by designated reserves. Per the trustees' report, free unrestricted reserves stood at £119,575, significantly exceeding the stated policy target of £33,513, providing a degree of additional contingency. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern, citing secured funding until July 2027.
What the accounts disclose
“The significant increase in turnover reflects recognition in full of a £500,000 grant from Arts Council England in respect of the new Fair Play programme.” — page 13
“At present, the Trustees define this sum as £33,513 to cover redundancy and notice period entitlements for the core staff team, winding up administration costs and legacy commissions, in the event that the charity ceases trading.”
“The nature of RTYDS’ work means that Trustees are drawn from theatres and theatre companies that might legitimately work with the charity to provide placements and other support. Any transactions with these organisations are conducted on normal commercial terms and any conflicts of interest are closely managed.” — page 27
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Risk management
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/03/2024
- Government income: £109,786 — grants £109,786 (1); 72% of the £152,938 total gross income on the same return
Funders the charity credits
Structured financials (annual return, FY ending 31/03/2026)
Trustees
- Adam Lee Kenwright
- Alexander McGowan
- Anthony Lau
- Atri Rohan Banerjee
- Boluwatito Osose Mogaji-Williams
- Christina Clarke
- Dermot Daly
- Doreen Marcia Foster
- Helen Palmer
- Jiayun Xu
- Laura Mallows
- Nathan Othneil Powell
- Shay Francis Kennedy
- Todd James Heppenstall
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2026 | £509k | £205k |
| 31/03/2025 | £13k | £135k |
| 31/03/2024 | £153k | £202k |
| 31/03/2023 | £284k | £234k |
| 31/03/2022 | £219k | £311k |
Common questions
Is RTYDS LIMITED financially healthy?
Per its FY2026 accounts: The accounts state that the charity reported an unrestricted deficit of £1,373 for the year ended 31 March 2026, which was comfortably covered by designated reserves. Per the trustees' report, free unrestricted reserves stood at £119,575, significantly exceeding the stated policy target of £33,513, providing a degree of additional contingency. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern, citing secured funding until July 2027. Its FY2026 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE LIZ AND TERRY BRAMALL FOUNDATION | 2 | £205k |
| THE FOYLE FOUNDATION | 1 | £100k |
| The Ashley Family Foundation | 1 | £19k |
| WALCOT EDUCATIONAL FOUNDATION | 1 | £19k |
| THE ORR MACKINTOSH FOUNDATION LIMITED | 1 | £15k |
| THE WILLIAMS CHARITABLE TRUST | 1 | £10k |
| THE ARNOLD BURTON 1998 CHARITABLE TRUST | 1 | £10k |
| THE AUSTIN AND HOPE PILKINGTON TRUST | 1 | £5k |
Charities like this
- LEEDS THEATRE TRUST LIMITED
- NORTHERN BROADSIDES THEATRE COMPANY
- MID POWYS YOUTH THEATRE
- National Youth Music Theatre Ltd
- YOURSTORY LTD
- LONDON YOUTH THEATRE
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| RTYDS LIMITED | £509k | — | 0 | above | — | no doubt |
| LEEDS THEATRE TRUST LIMITED | £9.7m | — | — | unclear | — | no doubt |
| NORTHERN BROADSIDES THEATRE COMPANY | £382k | — | 0 | unclear | — | no doubt |
| MID POWYS YOUTH THEATRE | £69k | — | 0 | unclear | — | noted |
| National Youth Music Theatre Ltd | £950k | — | 0 | below | — | no doubt |
| YOURSTORY LTD | £233k | — | 0 | unclear | — | no doubt |