WORCESTER MUSICAL THEATRE COMPANY
TO EDUCATE THE PUBLIC IN THE DRAMATIC AND OPERATIC ARTS, TO FURTHER THE DEVELOPMENT OF PUBLIC APPRECIATION AND TASTE IN THE SAID ARTS
Financial health, per its FY2025 accounts
The accounts state that the charity depends on ticket sales with no guaranteed income, which is identified as a major risk to its continued existence. The trustees aim to hold restricted reserves covering six months of operating expenses, though this may be depleted. The financial statements were prepared on a going concern basis.
What the accounts disclose
“The Charity continues to depend on monies raised through ticket sales, with no guaranteed income stream and this has been identified as a major risk area for the CIO’s continued existence.” — page 4
“The Trustees aim to accumulate sufficient (restricted) reserves to cover normal operating expenses for six months should funding cease.” — page 4
“The Charity continues to depend on monies raised through ticket sales, with no guaranteed income stream and this has been identified as a major risk area for the CIO’s continued existence.” — page 4
Register events
- Received assets from another charity (18/08/2020)
Trustees
- Carlene Goggin-Jones
- Cherril Watkins
- Colin Phillips
- Graham Irving
- Jennifer Dudley
- Lucian Harold Ken Knight
- Phil Weston OBE
- RICHARD SAUNDERS
- Stuart James Southern
- Valerie Knight
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £36k | £40k |
| 31/12/2024 | £35k | £38k |
| 31/12/2023 | £34k | £31k |
| 31/12/2022 | £33k | £28k |
| 31/12/2021 | £34k | £28k |
Common questions
Is WORCESTER MUSICAL THEATRE COMPANY financially healthy?
Per its FY2025 accounts: The accounts state that the charity depends on ticket sales with no guaranteed income, which is identified as a major risk to its continued existence. The trustees aim to hold restricted reserves covering six months of operating expenses, though this may be depleted. The financial statements were prepared on a going concern basis. Its FY2025 accounts were audited by David Rippe.