CARNEGIE THEATRE TRUST (WORKINGTON)
Theatre & Arts Centre
Objects
TO PROMOTE AND ADVANCE THE ARTS AND IN PARTICULAR THE PERFORMING ARTS FOR THE BENEFIT OF THE PUBLIC.TO PROMOTE AND ADVANCE EDUCATION THROUGH THE DEVELOPMENT AND DELIVERY OF CREATIVE LEARNING PROGRAMMES FOR THE BENEFIT OF THE PUBLIC.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a deficit of £51,579 for the year ended 31 March 2025, resulting in no free unrestricted reserves. The trustees acknowledge significant financial pressure and uncertainties regarding the group's ability to continue as a going concern, citing low unrestricted funds and a trading subsidiary with negative reserves.
What the accounts disclose
“Therefore the CIO has no free reserves.” — page 6
“There are uncertainties around the group's ability to continue as a going concern as the CIO only had unrestricted funds of £10,338 at the year end and the subsidiary had negative reserves of £19,500.” — page 7
“Therefore I am unable to express an opinion on the financial statements.” — page 10
“Carnegie Workington Limited (CWL) is a wholly owned trading subsidiary of the Trust, which principally operates the on-site cafe.” — page 6
“The trustees are disappointed with the qualified Independent examiner's report for 2024/25 and recognise there is much work to do to improve financial processes and procedures.” — page 4
“Carnegie Workington Limited (CWL) is a wholly owned trading subsidiary of the Trust, which principally operates the on-site cafe.” — page 6
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Corporate structure
- Trading subsidiary: CARNEGIE WORKINGTON LTD Companies House 08913454 · Financial health read from its filings
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- BARBARA ANN CANNON
- Helen Elizabeth Hodgson
- Mandy Lawson-Jackson
- Stephanie Atkinson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £607k | £659k |
| 31/03/2024 | £580k | £671k |
| 31/03/2023 | £602k | £593k |
| 31/03/2022 | £415k | £396k |
| 31/03/2021 | £339k | £304k |
Common questions
Is CARNEGIE THEATRE TRUST (WORKINGTON) financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a deficit of £51,579 for the year ended 31 March 2025, resulting in no free unrestricted reserves. The trustees acknowledge significant financial pressure and uncertainties regarding the group's ability to continue as a going concern, citing low unrestricted funds and a trading subsidiary with negative reserves. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE THEATRES TRUST CHARITABLE FUND | 3 | £50k |
| THE REED FOUNDATION | 2 | £5k |
| THE EDGAR E LAWLEY FOUNDATION | 2 | £4k |
| DENISE COATES FOUNDATION | 1 | £5.7m |
| THE CHARTLEY FOUNDATION | 1 | £121k |
| JOHN ELLERMAN FOUNDATION | 1 | £120k |
| THE FOYLE FOUNDATION | 1 | £100k |
| Community Foundation for Staffordshire and Shropshire | 1 | £40k |
Charities like this
- TRINITY THEATRE AND ARTS CENTRE LIMITED
- NEWCASTLE THEATRE ROYAL TRUST LIMITED
- CUMBRIA THEATRE TRUST
- BRISTOL OLD VIC AND THEATRE ROYAL TRUST LIMITED
- LEEDS THEATRE TRUST LIMITED
- STOKE-ON-TRENT AND NORTH STAFFORDSHIRE THEATRE TRUST LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| CARNEGIE THEATRE TRUST (WORKINGTON) | £607k | — | 0 | below | — | noted |
| TRINITY THEATRE AND ARTS CENTRE LIMITED | £1.2m | Under £60,000 | 0 | unclear | — | material uncertainty |
| NEWCASTLE THEATRE ROYAL TRUST LIMITED | £16.3m | — | — | unclear | — | no doubt |
| CUMBRIA THEATRE TRUST | £4.0m | — | 0 | unclear | — | no doubt |
| BRISTOL OLD VIC AND THEATRE ROYAL TRUST LIMITED | £7.6m | £80,001 - £90,000 | — | above | — | no doubt |
| LEEDS THEATRE TRUST LIMITED | £9.7m | — | — | unclear | — | no doubt |