BRISTOL OLD VIC AND THEATRE ROYAL TRUST LIMITED
To produce year-round seasons of high quality, exciting drama in the historic auditorium serviced by a fit-for-purpose 21st century facilityTo provide an extensive programme of outreach work inspired by the repertoire and the needs of the local and regional communitiesTo take the lead in the local and regional theatre and cultural sceneTo safeguard the heritage of the Theatre Royal building
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £1,018k for the year ended 31 March 2025, driven by rising costs in staff wages, energy, and materials. Despite this deficit, the charity holds total reserves of £12,346k, with unrestricted reserves of £1,179k remaining above the stated policy target of £618k. The auditors confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.
What the accounts disclose
“More than £80,000 and less than £90,000 2” — page 27
“No remuneration was paid to any Trustees in respect of their office except Bernard Donoghue who was paid £8,133 (2024: £8 133) in his capacity as Chair under the authorisation given by the Charity Commission in its order dated 22 February 2008.” — page 27
“These financial statements consolidate the results of the charity and its wholly owned subsidiaries, Bristol Old Vic (Trading) Limited, Bristol Old Vic Production Company Limited and Bristol Old Vic Film Limited” — page 22
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (18/03/2019)
Trustees
- Aisha Thomas
- Anna-Sophie Beatrice Brendel
- BERNARD DONOGHUE
- Christopher Francis Sharp
- Craig Cheney
- Elisabeth Byrne
- Katherine Frances Anthony Wilkinson
- LaToyah McAllister-Jones
- Laura Frude
- Nicholas Aaron Jeremy Lee
- The Very Reverend Amanda Kirstine Ford
- Timi Oni
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £7.6m | £9.3m |
| 31/03/2024 | £6.5m | £8.2m |
| 31/03/2023 | £5.8m | £7.4m |
| 31/03/2022 | £5.6m | £6.8m |
| 31/03/2021 | £3.8m | £4.1m |
Common questions
Is BRISTOL OLD VIC AND THEATRE ROYAL TRUST LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net deficit of £1,018k for the year ended 31 March 2025, driven by rising costs in staff wages, energy, and materials. Despite this deficit, the charity holds total reserves of £12,346k, with unrestricted reserves of £1,179k remaining above the stated policy target of £618k. The auditors confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2025 accounts were audited by Bishop Fleming Audit Limited.
What does the highest-paid employee of BRISTOL OLD VIC AND THEATRE ROYAL TRUST LIMITED earn?
Per its FY2025 accounts, the highest-paid employee was in the £80,001 - £90,000 band.
Who funds BRISTOL OLD VIC AND THEATRE ROYAL TRUST LIMITED?
Funders whose own accounts filings name BRISTOL OLD VIC AND THEATRE ROYAL TRUST LIMITED as a grant recipient include JOHN ELLERMAN FOUNDATION, THE HAROLD HYAM WINGATE FOUNDATION, THE REED FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| JOHN ELLERMAN FOUNDATION | FY2022 | £120k | Towards supporting the Ferment programme, which is centred on developing, commissioning and co-producing early to mid-career artists. |
| THE HAROLD HYAM WINGATE FOUNDATION | FY2022 | £5k | |
| THE HAROLD HYAM WINGATE FOUNDATION | FY2023 | £4k | |
| THE REED FOUNDATION | FY2021 | — |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| UK government | 20/10/2022 | £1.3m | National Portfolio Organisations |
| UK government | 20/10/2022 | £1.3m | National Portfolio Organisations |
| UK government | 13/12/2021 | £1.3m | National Portfolio Organisations |
| The National Lottery Heritage Fund | 08/09/2021 | £250k | "Unscripted: a performative history project connecting BristolÂ’s Communities" |
| UK government | 14/05/2020 | £14k | MyWorld |
| UK government | 14/05/2020 | £99k | MyWorld |
| The National Lottery Heritage Fund | 21/07/2015 | £2.5m | "Protecting and sharing the heritage of Britain's oldest theatre" |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE THEATRES TRUST CHARITABLE FUND | 3 | £50k |
| THE FOYLE FOUNDATION | 2 | £300k |
| THE AUSTIN AND HOPE PILKINGTON TRUST | 2 | £10k |
| THE EDGAR E LAWLEY FOUNDATION | 2 | £5k |
| The Marks Family Charitable Trust | 1 | — |
| DENISE COATES FOUNDATION | 1 | £5.7m |
| THE OLD VIC ENDOWMENT TRUST | 1 | £3.6m |
| National Philanthropic Trust UK Limited | 1 | £2.0m |
Charities like this
- THE NEW THEATRE ROYAL-TRUSTEES (PORTSMOUTH) LIMITED
- THE WARDROBE THEATRE
- THE OLD VIC THEATRE TRUST 2000
- MALVERN THEATRES TRUST LIMITED
- TRINITY THEATRE AND ARTS CENTRE LIMITED
- STOKE-ON-TRENT AND NORTH STAFFORDSHIRE THEATRE TRUST LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| BRISTOL OLD VIC AND THEATRE ROYAL TRUST LIMITED | £7.6m | £80,001 - £90,000 | — | above | — | no doubt |
| THE NEW THEATRE ROYAL-TRUSTEES (PORTSMOUTH) LIMITED | £1.4m | — | 0 | unclear | — | no doubt |
| THE WARDROBE THEATRE | £503k | — | 0 | below | — | no doubt |
| THE OLD VIC THEATRE TRUST 2000 | £25.5m | — | 17 | unclear | — | no doubt |
| MALVERN THEATRES TRUST LIMITED | £7.1m | — | — | unclear | — | no doubt |
| TRINITY THEATRE AND ARTS CENTRE LIMITED | £1.2m | Under £60,000 | 0 | unclear | — | material uncertainty |