THE GREENWICH THEATRE LIMITED
Greenwich Theatre is one of Londons premiere Off-West End theatres, offering high-quality, accessible, affordable theatre to the many diverse communities of London and Kent. The theatre also operates an Artist Development Programme, working with people from around London and the UK to raise levels of aspiration, self-esteem, creativity and employment prospects.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £104,408 for the year ended 31 March 2025, with unrestricted funds in deficit by £109,473. Per the trustees' report, the ideal level of free reserves is three months of expenditure (approximately £390,000), but actual free reserves are below this target. The auditors have identified a material uncertainty regarding the charity's ability to continue as a going concern due to worsening financial position and net current liabilities.
What the accounts disclose
“The Trustees consider the ideal level of free reserves at 31 March 2025 to be three months expenditure, approximately £390,000.” — page 7
“We draw attention to the fact the charity has net liabilities of £104,408 and net current liabilities of £190,577. The charity's financial position has worsened since 31 March 2024, as it continues to be impacted by the cost of living crisis. This indicates the existence of a material uncertainty that may cast significant doubt on the charity's ability to continue as a going concern.” — page 11
“The charity received a loan of £25,000 from the Royal Borough of Greenwich in the prior year, as detailed in note 16, and £19,673 was outstanding at year end.”
“The charity has one wholly owned subsidiary, Greenwich Theatre Enterprises Limited (company number 2480139).” — page 20
Leadership, per the charity’s website
- Nigel Fletcher — Chair
- James Turner — Executive Director
- James Haddrell — Artistic Director
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2026)
Trustees
- Nigel Mark Fletcherchair
- Christopher Mark Hogben
- GERALD LIDSTONE
- Maisie Ellen Richards Cottell
- Narmeen Rehman
- Nas Asghar
- Sophie Elizabeth Hamlet
- catherine Nolan
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2026 | £1.7m | £1.6m |
| 31/03/2025 | £1.5m | £1.5m |
| 31/03/2024 | £1.2m | £1.2m |
| 31/03/2023 | £1.1m | £1.0m |
| 31/03/2022 | £983k | £1.1m |
Common questions
Is THE GREENWICH THEATRE LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net deficit of £104,408 for the year ended 31 March 2025, with unrestricted funds in deficit by £109,473. Per the trustees' report, the ideal level of free reserves is three months of expenditure (approximately £390,000), but actual free reserves are below this target. The auditors have identified a material uncertainty regarding the charity's ability to continue as a going concern due to worsening financial position and net current liabilities. Its FY2025 accounts were audited by Godfrey Wilson Limited.
Who funds THE GREENWICH THEATRE LIMITED?
Funders whose own accounts filings name THE GREENWICH THEATRE LIMITED as a grant recipient include THE THEATRES TRUST CHARITABLE FUND.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE THEATRES TRUST CHARITABLE FUND | FY2022 | £4k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BACKSTAGE TRUST | 2 | £950k |
| THE FENTON ARTS TRUST | 2 | £15k |
| CHAPMAN CHARITABLE TRUST | 2 | £2k |
| LONDON LEGAL SUPPORT TRUST | 1 | £250k |
| THE LEGAL EDUCATION FOUNDATION | 1 | £100k |
| THE THOMPSON FAMILY CHARITABLE TRUST | 1 | £100k |
| TRUST FOR LONDON | 1 | £89k |
| THE ACCESS TO JUSTICE FOUNDATION | 1 | £60k |
Charities like this
- GREENWICH HOUSING RIGHTS
- JERMYN STREET THEATRE
- THE GATE THEATRE COMPANY LIMITED
- NHS GREENWICH CHARITABLE FUNDS
- SOUTHWARK PLAYHOUSE THEATRE COMPANY
- WOOLWICH CREATIVE DISTRICT TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE GREENWICH THEATRE LIMITED | £1.7m | — | 0 | unclear | — | material uncertainty |
| GREENWICH HOUSING RIGHTS | £501k | — | — | unclear | — | no doubt |
| JERMYN STREET THEATRE | £1.2m | — | 0 | unclear | — | material uncertainty |
| THE GATE THEATRE COMPANY LIMITED | £224k | — | 0 | unclear | — | noted |
| NHS GREENWICH CHARITABLE FUNDS | £134k | — | 0 | unclear | — | no doubt |
| SOUTHWARK PLAYHOUSE THEATRE COMPANY | £1.7m | — | 0 | above | — | no doubt |