LANCASTER FOOTLIGHTS & GRAND THEATRE

Registered charity 1198714 · accounts filings on the Charity Commission register

Lancaster Footlights is a thriving amateur drama group which is based at Lancaster Grand Theatre. They first started performing in the 1920's and purchased the Grand in 1951 to save it from demolition. Over the years the theatre has been progressively restored and it is now regularly used by many community groups and a wide range of professional acts.

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Latest income
£590k
Latest spending
£470k
Registered
2022
Accounts read
FY2024

Financial health, per its FY2024 accounts

The charity reported a net income surplus of £119,679 for the year, with unrestricted funds increasing to £1,008,889. The trustees maintain a reserves policy targeting £150,000 in unrestricted reserves, a target which is significantly exceeded by the current unrestricted general fund balance of £549,120. The accounts were examined by an independent examiner who reported no material matters requiring attention.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: £150,000 (held: £549k)
“The trustees believe the current ideal level of unrestricted reserves is £150,000.”
Per its FY2024 accounts as filed with the Charity Commission.

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

Property (HM Land Registry)

1 registered title in England and Wales held by the charity’s company or corporate body (0 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Public profiles (found on the charity’s own website): facebook · instagram

Structured financials (annual return, FY ending 31/12/2024)

Total income
£590k
Total spending
£470k
Cost of raising funds
£372k
Reserves (reported)
£1.0m
Employees
15

Reported reserves equal ~25.8 months of spending — in the top quarter for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Other trading activities (72% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 63.0% of total income — above the 90th percentile for charities its size (median 4.9%) (benchmarks).

Trustees · trustee networks

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

Operates in: Lancashire

Income and spending

Financial year endIncomeSpending
31/12/2024£590k£470k
31/12/2023£541k£383k
31/12/2022£0£400

Common questions

Is LANCASTER FOOTLIGHTS & GRAND THEATRE financially healthy?

Per its FY2024 accounts: The charity reported a net income surplus of £119,679 for the year, with unrestricted funds increasing to £1,008,889. The trustees maintain a reserves policy targeting £150,000 in unrestricted reserves, a target which is significantly exceeded by the current unrestricted general fund balance of £549,120. The accounts were examined by an independent examiner who reported no material matters requiring attention. Its FY2024 accounts were independently examined.