MAYFLOWER ACADEMY LIMITED
Mayflower Academy Limited, trading as MAST Mayflower Studios, is a multi-art form cultural hub presenting and producing theatre, dance, musicals, music, comedy, circus, cabaret, spoken word, visual arts and family shows. We are community-led, with engagement and consultation at the heart of everything we do.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a surplus of £15,739 for the period ended 31 March 2024, with total unrestricted funds increasing to £471,294. The trustees confirm that free reserves of £317,009 are maintained in line with a policy target of not less than three months of unrestricted expenditure. The auditor has confirmed that the financial statements are prepared on a going concern basis with no material uncertainties identified.
What the accounts disclose
“Ticket sales and auditorium fees 763,499” — page 27
“unrestricted funds (which are free reserves of the charity) are built up and then maintained at a level which equates to not less than 3 months of unrestricted expenditure.” — page 18
“The Mayflower Theatre Trust is a member of Mayflower Academy Ltd. During the financial year Mayflower Academy Ltd paid £251,160 (2023: £322,629) to Mayflower Theatre Trust made up of the provision of support services under the terms of a Service Level Agreement (£131,114) and the remainder being the recharge of other costs incurred by Mayflower Theatre Trust on behalf of Mayflower Academy Ltd.” — page 31
“Mrs J Ockwell, spouse of Mr M Ockwell, Chief Executive & Creative Director of Mayflower Academy Ltd, was paid £9,210 in the year and was employed during 2023 to provide creative services for the Engage Programme in the period for the remuneration of £18,631.” — page 31
“The Mayflower Theatre Trust is a member of Mayflower Academy Ltd. During the financial year Mayflower Academy Ltd paid £251,160 (2023: £322,629) to Mayflower Theatre Trust made up of the provision of support services under the terms of a Service Level Agreement (£131,114) and the remainder being the recharge of other costs incurred by Mayflower Theatre Trust on behalf of Mayflower Academy Ltd.” — page 31
“Mrs J Ockwell, spouse of Mr M Ockwell, Chief Executive & Creative Director of Mayflower Academy Ltd, was paid £9,210 in the year and was employed during 2023 to provide creative services for the Engage Programme in the period for the remuneration of £18,631.” — page 31
“The Mayflower Theatre Trust is a member of Mayflower Academy Ltd. During the financial year Mayflower Academy Ltd paid £251,160 (2023: £322,629) to Mayflower Theatre Trust made up of the provision of support services under the terms of a Service Level Agreement (£131,114) and the remainder being the recharge of other costs incurred by Mayflower Theatre Trust on behalf of Mayflower Academy Ltd.” — page 31
“Mrs J Ockwell, spouse of Mr M Ockwell, Chief Executive & Creative Director of Mayflower Academy Ltd, was paid £9,210 in the year and was employed during 2023 to provide creative services for the Engage Programme in the period for the remuneration of £18,631.” — page 31
Inspection and regulatory ratings
- Ofsted — Mayflower Academy: NULL
Leadership, per the charity’s website
- Michael Ockwell — Chief Executive
Property (HM Land Registry)
Structured financials (annual return, FY ending 30/03/2025)
Trustees
- Michael David Ockwellchair
- Harriett Rose McBoyle
- Lisa Mitchell
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/03/2025 | £2.8m | £2.7m |
| 31/03/2024 | £2.7m | £2.7m |
| 02/04/2023 | £2.5m | £2.7m |
| 27/03/2022 | £2.5m | £2.3m |
Common questions
Is MAYFLOWER ACADEMY LIMITED financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a surplus of £15,739 for the period ended 31 March 2024, with total unrestricted funds increasing to £471,294. The trustees confirm that free reserves of £317,009 are maintained in line with a policy target of not less than three months of unrestricted expenditure. The auditor has confirmed that the financial statements are prepared on a going concern basis with no material uncertainties identified. Its FY2024 accounts were audited by Haysmacintyre LLP.