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THE PLAYHOUSE THEATRE CHELTENHAM

Registered charity 1196217 · accounts filings on the Charity Commission register

To advance the education of the public in the subject of Art, Music, Theatre, Writing and Dance.

Causes: General Charitable Purposes · Education/training · Arts/culture/heritage/science · website · Get email alerts

Latest income
£895k
Latest spending
£892k
Registered
2021
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity recorded a small surplus of £2,331 against total income of £894,817, resulting in a net loss of £2,702 after non-cash items. Per the trustees' report, unrestricted reserves stood at £11,788, which is significantly below the stated policy target of approximately £100,000. The independent examiner noted that while liquidity pressures exist due to a high cost-base, the charity remains a going concern following recent cost-reduction measures.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Theatre Operations (67% of income)
“Theatre Operations 597,406”
Per its FY2025 accounts as filed with the Charity Commission.
Reserves position: below the charity's own stated reserves policy (held: £12k; policy: three months' worth of overheads expenditure)
“At £11,788, reserves are still a long way short of this objective.” — page 4
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Payment to Makiom Limited for staging the annual pantomime, of which Kieron Milsom is a director.
“Included within Production Costs are a number of payments to Makiom Limited (of which Kieron Milsom is a director) in respect of staging the annual pantomime. These totalled £58,920.” — page 14
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Public fundraising profile: JustGiving — Cheltenham Playhouse (matched by registered charity number).

Structured financials (annual return, FY ending 31/08/2025)

Total income
£895k
Total spending
£892k
Cost of raising funds
£740
Reserves (reported)
£12k
Employees
6

Reported reserves equal ~0.2 months of spending — in the bottom quarter for charities its size (median 5.2 months; benchmarks).

Register events

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Gloucestershire

Income and spending

Financial year endIncomeSpending
31/08/2025£895k£892k
31/08/2024£516k£597k
31/08/2023£339k£414k
31/08/2022£175k£149k

Common questions

Is THE PLAYHOUSE THEATRE CHELTENHAM financially healthy?

Per its FY2025 accounts: The accounts state that the charity recorded a small surplus of £2,331 against total income of £894,817, resulting in a net loss of £2,702 after non-cash items. Per the trustees' report, unrestricted reserves stood at £11,788, which is significantly below the stated policy target of approximately £100,000. The independent examiner noted that while liquidity pressures exist due to a high cost-base, the charity remains a going concern following recent cost-reduction measures. Its FY2025 accounts were independently examined.