THE OLD MARKET CHARITABLE TRUST
TO ADVANCE THE ARTS, IN PARTICULAR THE PERFORMING ARTS FOR THE BENEFIT OF THEPUBLIC BY THE OPERATION OF A THEATRE KNOWN AS THE OLD MARKET IN BRIGHTON ANDHOVE, EAST SUSSEX.
Objects
TO ADVANCE THE ARTS, IN PARTICULAR THE PERFORMING ARTS FOR THE BENEFIT OF THEPUBLIC BY THE OPERATION OF A THEATRE KNOWN AS THE OLD MARKET IN BRIGHTON ANDHOVE, EAST SUSSEX.
Financial health, per its FY2025 accounts
The accounts state that the charity recorded a net deficit of £38,171 for the 15-month period, resulting in negative unrestricted reserves of £44,863 against a policy target of £150,000. Per the trustees' report, the charity is dependent on fluctuating trading income and core sponsorship, though it maintains sufficient liquidity to meet obligations as they fall due.
What the accounts disclose
“The charity has a reserve policy of £150,000.” — page 7
“The trustees acknowledge that the charity is dependent on fluctuating trading income and core sponsorship from Yes/No Productions and ran at a deficit this year. While this represents a potential risk, the trustees believe that the actions identified in the financial plans provide reasonable assurance that the charity will continue to operate for the foreseeable future.” — page 7
“The Old Market Bar Limited (TOM Bar Ltd), a wholly owned trading subsidiary contributed revenue of £137,999.” — page 6
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
- Investing charity funds policy and procedures
- 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 31/03/2025
- Volunteers: 5
- Government income: £19,000 — grants £19,000 (1); 3% of the £557,687 total gross income on the same return
- Has a trading subsidiary
Self-declared on the annual return for the financial year ending 31/12/2022
- Has a trading subsidiary
Annual return filing dates (Charity Commission record)
Of its last 5 annual returns with a recorded received date, 1 was received after the due date: year ending 31/03/2025 (received 05/02/2026, 5 days after the 31/01/2026 due date).
Corporate structure
- Trading subsidiary: THE OLD MARKET BAR LTD Companies House 12310211
- No specific intra-group transactions or balances are disclosed in the provided text.
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Joanna Torodechair
- Donald James Pawley
- LORETTA MCNICHOLAS
- PAUL GERARD WINTER
- Ralph George Johnson
- STEPHEN MCNICHOLAS
- WILLIAM LUKE CRESSWELL
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £558k | £633k |
| 31/12/2023 | £12k | £0 |
| 31/12/2022 | £0 | £0 |
| 31/12/2021 | £0 | £0 |
| 31/12/2020 | £6k | £12k |
Common questions
Is THE OLD MARKET CHARITABLE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity recorded a net deficit of £38,171 for the 15-month period, resulting in negative unrestricted reserves of £44,863 against a policy target of £150,000. Per the trustees' report, the charity is dependent on fluctuating trading income and core sponsorship, though it maintains sufficient liquidity to meet obligations as they fall due. Its FY2025 accounts were independently examined.
Who funds THE OLD MARKET CHARITABLE TRUST?
Funders whose own accounts filings name THE OLD MARKET CHARITABLE TRUST as a grant recipient include THE THEATRES TRUST CHARITABLE FUND.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE THEATRES TRUST CHARITABLE FUND | FY2025 | £7k |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 15/01/2025 | £30k | "The Old Market @ 200" |
Charities like this
- THE WARDROBE THEATRE
- THE OLD VIC ENDOWMENT TRUST
- BRIGHTON AND HOVE OPERATIC SOCIETY
- THE LACE MARKET THEATRE TRUST LIMITED
- THE OLD BANK WELLBEING TRUST
- LORD BROCK TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE OLD MARKET CHARITABLE TRUST | £558k | — | 0 | unclear | — | noted |
| THE WARDROBE THEATRE | £503k | — | 0 | below | — | no doubt |
| THE OLD VIC ENDOWMENT TRUST | £106k | — | 0 | unclear | — | no doubt |
| BRIGHTON AND HOVE OPERATIC SOCIETY | £62k | — | 0 | unclear | — | no doubt |
| THE LACE MARKET THEATRE TRUST LIMITED | £213k | — | 0 | unclear | — | no doubt |
| THE OLD BANK WELLBEING TRUST | £320k | — | 0 | unclear | — | no doubt |