SEATON GATEWAY THEATRE COMPANY LIMITED
Registered charity Seaton Gateway Theatre Company have a 30year rolling lease of the building. A wide and varied range of activities and events are organised by the company to generate funds for new equipment, furnishings and ongoing maintenance. The aim is to bring Arts and Culture to Seaton for residents and visitors alike whilst ensuring sustainability of the building.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves are in deficit at £3,320, which is below the trustees' stated target of £43,300. The charity reported a net expenditure deficit of £35,732 for the year, driven by significant building improvements and health and safety compliance costs following a temporary closure.
What the accounts disclose
“income from Arts and Culture events (the main charitable activity) of £81,975”
“Unrestricted reserves as at 31/03/2025 were in deficit which is not in line with our target reserves.” — page 4
“Trustees donated a total of £25,000 during the year.” — page 24
Trustees
- Christopher Douglas Gamwellchair
- Annette Bentley
- Cheryl Wood
- David Parkin
- John Whitehouse
- Kenneth Edward Newland
- RACHEL ALISON WEBER
- Rev Simon John Hitchcock
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £199k | £235k |
| 31/03/2024 | £216k | £221k |
| 31/03/2023 | £178k | £192k |
| 31/03/2022 | £145k | £126k |
| 31/03/2021 | £58k | £84k |
Common questions
Is SEATON GATEWAY THEATRE COMPANY LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves are in deficit at £3,320, which is below the trustees' stated target of £43,300. The charity reported a net expenditure deficit of £35,732 for the year, driven by significant building improvements and health and safety compliance costs following a temporary closure. Its FY2025 accounts were independently examined.