LANCASTER FOOTLIGHTS & GRAND THEATRE
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.
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.
What the accounts disclose
“The trustees believe the current ideal level of unrestricted reserves is £150,000.”
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Adrian Paul Tayler
- Andrew David Marshall
- Charles Raymond Willett
- David Robert Hardy
- Deborah Anne Satterly
- Julie Ann Shaw
- Marcus Lord
- Rebecca Stephen-Denby
- Richard Michael Charles Beveridge
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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.