MADDERMARKET THEATRE TRUST LIMITED
TO PROVIDE FOR THE PRODUCTION OF PLAYS REPRESENTATIVE OF ENGLISH CLASSICAL DRAMATISTS OR AUTHORS INCLUDING MODERN PLAYS AND TRANSLATIONS OR REPRESENTATIVE PLAYS OF FOREIGN DRAMATISTS, ANCIENT AND MODERN.TO CARRY OUT AND CONDUCT THE MADDERMARKET THEATRE AS A CENTRE OF EDUCATION IN THE DRAMATIC ART AND FOR THE ENCOURAGEMENT OF PUBLIC INTEREST THEREIN.
Objects
The Charity's objects are restricted specifically, for the public benefit, to the provision of activities that improve lives and connect communities through creative arts, and for that purpose to do any of the following as are necessary or expedient:(a) To provide an inclusive, safe, and caring environment by ensuring deep, lasting and respectful partnerships with our community.(b) To provide for the production of plays of Shakespeare, representative plays of other English dramatists or authors including modern plays, and translations of representative plays of foreign dramatists, ancient or modern; (c) To carry on and conduct the Maddermarket Theatre, Norwich, or any other theatre in or near Norwich, as a centre of education in the dramatic art, and for the encouragement of public interest therein; (d) To do all such other things as are incidental to or necessary for the attainment of the said objective.
Financial health, per its FY2025 accounts
The accounts state that the charity made a net surplus of £114,816 for the year ended 31 March 2025, returning to solvency after a previous deficit. Per the trustees' report, the organisation maintains a strong financial position with unrestricted net assets of £338,072, allowing for investment in building maintenance and infrastructure improvements.
What the accounts disclose
“The Company has not entered into any related party transaction during the year, nor are there any outstanding balances owing between related parties and the Company at 31 March 2025.” — page 30
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- John Dixonchair
- Andrew Paul Adam
- Diane Webb
- Thomas David Porteous
- Tony Fullwood
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £620k | £505k |
| 31/03/2024 | £765k | £531k |
| 31/03/2023 | £544k | £713k |
| 30/11/2021 | £143k | £127k |
| 30/11/2020 | £288k | £305k |
Common questions
Is MADDERMARKET THEATRE TRUST LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity made a net surplus of £114,816 for the year ended 31 March 2025, returning to solvency after a previous deficit. Per the trustees' report, the organisation maintains a strong financial position with unrestricted net assets of £338,072, allowing for investment in building maintenance and infrastructure improvements. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| CYNGOR CELFYDDYDAU CYMRU | 1 | £1.9m |
| BACKSTAGE TRUST | 1 | £250k |
| THE PATRICIA AND DONALD SHEPHERD CHARITABLE TRUST | 1 | £140k |
| THE WESTMINSTER FOUNDATION | 1 | £100k |
| COLWINSTON CHARITABLE TRUST | 1 | £100k |
| JOHN ELLERMAN FOUNDATION | 1 | £99k |
| SCARBOROUGH THEATRE DEVELOPMENT TRUST | 1 | £54k |
| THE SYLVIA AND COLIN SHEPHERD CHARITABLE TRUST | 1 | £52k |
Charities like this
- NEWCASTLE THEATRE ROYAL TRUST LIMITED
- MERLIN THEATRE TRUST LIMITED
- THEATRE@41 LTD
- TALL STORIES THEATRE COMPANY LIMITED
- YORK CITIZENS' THEATRE TRUST LIMITED
- THEATR CLWYD TRUST LTD
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| MADDERMARKET THEATRE TRUST LIMITED | £620k | — | 0 | unclear | — | no doubt |
| NEWCASTLE THEATRE ROYAL TRUST LIMITED | £16.3m | — | — | unclear | — | no doubt |
| MERLIN THEATRE TRUST LIMITED | £270k | — | 0 | above | 9.6% | no doubt |
| THEATRE@41 LTD | £101k | — | 0 | unclear | — | no doubt |
| TALL STORIES THEATRE COMPANY LIMITED | £2.9m | — | 0 | above | — | no doubt |
| YORK CITIZENS' THEATRE TRUST LIMITED | £6.6m | — | — | above | — | no doubt |