PROGRESS THEATRE
The promotion of the education of the general public in Reading and elsewhere in the performing arts, and the provision and maintenance of a theatre.
Objects
THE PROMOTION OF THE EDUCATION OF THE GENERAL PUBLIC IN READING AND ELSEWHERE IN THE PERFORMING ARTS; AND IN FURTHERANCE OF THE ABOVE , THE PROVISION AND MAINTENANCE OF A THEATRE.
Financial health, per its FY2025 accounts
The accounts state that Progress Theatre reported an excess of receipts over payments of £33,068.88 for the year ended 31 August 2025, resulting in net assets of £134,888.84. The trustees' report notes that the charity has established a reserves policy and robust financial monitoring to support informed decision-making on spending and risk. The organization remains committed to maintaining its technical infrastructure and securing future funding for major projects such as the auditorium roof replacement.
What the accounts disclose
“We now have management accounts which are reviewed every quarter and a reserves policy, both of which are vital in our ability to make informed decisions on spending and risk.”
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 expenses policy and procedures
- Volunteer management
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/08/2025
- Volunteers: 100
Self-declared on the annual return for the financial year ending 31/08/2024
- Volunteers: 100
Self-declared on the annual return for the financial year ending 31/08/2023
- Volunteers: 100
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 31/08/2022 (received 02/07/2023, 2 days after the 30/06/2023 due date).
Property (HM Land Registry)
Register events
- Received assets from another charity (09/04/2024)
Trustees
- Terence Cyril Mackaychair
- John Ronald Goodman
- Kate Mary Whiting
- Letticia June Rushaija
- MARK TAYLOR
- Stephen Guy Nicholls
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £136k | £33k |
| 31/08/2024 | £172k | £122k |
| 31/08/2023 | £129k | £114k |
| 31/08/2022 | £102k | £215k |
| 31/08/2021 | £61k | £124k |
Common questions
Is PROGRESS THEATRE financially healthy?
Per its FY2025 accounts: The accounts state that Progress Theatre reported an excess of receipts over payments of £33,068.88 for the year ended 31 August 2025, resulting in net assets of £134,888.84. The trustees' report notes that the charity has established a reserves policy and robust financial monitoring to support informed decision-making on spending and risk. The organization remains committed to maintaining its technical infrastructure and securing future funding for major projects such as the auditorium roof replacement. Its FY2025 accounts were independently examined.
Who funds PROGRESS THEATRE?
Funders whose own accounts filings name PROGRESS THEATRE as a grant recipient include THE EARLEY CHARITY.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE EARLEY CHARITY | FY2025 | £47k | Capital Grants Programme |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BACKSTAGE TRUST | 1 | £1.6m |
| THE GATSBY CHARITABLE FOUNDATION | 1 | £1.3m |
| MOONDANCE FOUNDATION | 1 | £750k |
| HUO FAMILY FOUNDATION (UK) LIMITED | 1 | £204k |
| JOHN ELLERMAN FOUNDATION | 1 | £88k |
| THE JOHN COATES CHARITABLE TRUST | 1 | £10k |
| CHARLES S FRENCH CHARITABLE TRUST | 1 | £9k |
| THE MACKINTOSH FOUNDATION | 1 | £7k |
Charities like this
- THEATRE DEVELOPMENT TRUST
- THE CRESCENT THEATRE TRUST LTD
- THE LACE MARKET THEATRE TRUST LIMITED
- WICKHAM THEATRE TRUST
- PRESTON LITTLE THEATRE COMPANY LIMITED
- THE PLEASANCE THEATRE TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| PROGRESS THEATRE | £136k | — | 0 | unclear | — | no doubt |
| THEATRE DEVELOPMENT TRUST | £434k | — | 0 | above | — | no doubt |
| THE CRESCENT THEATRE TRUST LTD | £29k | — | 0 | above | — | no doubt |
| THE LACE MARKET THEATRE TRUST LIMITED | £213k | — | 0 | unclear | — | no doubt |
| WICKHAM THEATRE TRUST | £44k | — | 0 | unclear | — | no doubt |
| PRESTON LITTLE THEATRE COMPANY LIMITED | £102k | — | 0 | above | — | no doubt |