BRISTOL OLD VIC AND THEATRE ROYAL TRUST LIMITED

Registered charity 228235 · accounts filings on the Charity Commission register · also known as THE BRISTOL OLD VIC 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

Causes: Arts/culture/heritage/science · Environment/conservation/heritage · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£7.6m
Latest spending
£9.3m
Registered
1963
Accounts read
FY2025

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.

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

What the accounts disclose

Highest-paid employee band: £80,001 - £90,000 — above the median for charities its size (£70k)
“More than £80,000 and less than £90,000 2” — page 27
Per its FY2025 accounts as filed with the Charity Commission.
Payments to trustees: Bernard Donoghue received £8,133 remuneration as Chair.
“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
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Bristol Old Vic (Trading) Limited, Bristol Old Vic Production Company Limited, Bristol Old Vic Film Limited
“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
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Bishop Fleming Audit Limited. Discloses 4 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 31/03/2025)

Total income
£7.6m
Total spending
£9.3m
Cost of raising funds
£671k
Reserves (reported)
£249k
Employees
221

Reported reserves equal ~0.3 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Charitable activities (56% 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: 8.8% of total income — above the median for charities its size (5.2%) (benchmarks).

Register events

Trustees · trustee networks

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

Operates in: Bristol City

Income and spending

Financial year endIncomeSpending
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

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
JOHN ELLERMAN FOUNDATIONFY2022£120kTowards supporting the Ferment programme, which is centred on developing, commissioning and co-producing early to mid-career artists.
THE HAROLD HYAM WINGATE FOUNDATIONFY2022£5k
THE HAROLD HYAM WINGATE FOUNDATIONFY2023£4k
THE REED FOUNDATIONFY2021—

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
UK government20/10/2022£1.3mNational Portfolio Organisations
UK government20/10/2022£1.3mNational Portfolio Organisations
UK government13/12/2021£1.3mNational Portfolio Organisations
The National Lottery Heritage Fund08/09/2021£250k"Unscripted: a performative history project connecting BristolÂ’s Communities"
UK government14/05/2020£14kMyWorld
UK government14/05/2020£99kMyWorld
The National Lottery Heritage Fund21/07/2015£2.5m"Protecting and sharing the heritage of Britain's oldest theatre"

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE NEW THEATRE ROYAL-TRUSTEES (PORTSMOUTH) LIMITED.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing 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 FY2025£1.4m—0unclear—no doubt
THE WARDROBE THEATRE FY2025£503k—0below—no doubt
THE OLD VIC THEATRE TRUST 2000 FY2025£25.5m—17unclear—no doubt
MALVERN THEATRES TRUST LIMITED FY2025£7.1m——unclear—no doubt
TRINITY THEATRE AND ARTS CENTRE LIMITED FY2025£1.2mUnder £60,0000unclear—material uncertainty

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.