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THE GREENWICH THEATRE LIMITED

Registered charity 246186 · accounts filings on the Charity Commission register · also known as GREENWICH THEATRE

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Latest income
£1.5m
Latest spending
£1.5m
Registered
1967
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity ended the year with unrestricted free reserves in deficit by £40,015, which is below the trustees' stated policy target of approximately £300,000. Per the auditors' report, this net liability position indicates a material uncertainty regarding the charity's ability to continue as a going concern, contingent on the approval of a Theatre Tax Relief claim.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy
“The actual free reserves at 31 March 2024 were in deficit by £40,015.” — page 6
Per its FY2024 accounts as filed with the Charity Commission.
Going concern: material uncertainty disclosed
“We draw attention to the fact the charity has net liabilities of £40,015 and net current liabilities of £73,078. The charity's financial position has worsened since 31 March 2023, as it continues to be impacted by the Covid pandemic and 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
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Artistic Director loaned £8,100 to the charity; £800 outstanding at year end.
“During the year, the Artistic Director loaned £8,100 to the charity. This was an interest free loan and at year end, £800 was outstanding and included in trade creditors” — page 29
“The charity received grants totalling £50,000 from the Royal Borough of Greenwich.”
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Grants received from Royal Borough of Greenwich (trustees nominated by Council).
“During the year, the Artistic Director loaned £8,100 to the charity. This was an interest free loan and at year end, £800 was outstanding and included in trade creditors” — page 29
“The charity received grants totalling £50,000 from the Royal Borough of Greenwich.”
Per its FY2024 accounts as filed with the Charity Commission.
Trading subsidiary: Greenwich Theatre Enterprises Limited
“The charity has one wholly owned subsidiary, Greenwich Theatre Enterprises Limited (company number 2480139).” — page 20
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Godfrey Wilson Limited. Discloses 5 of 6 completeness components.

Leadership, per the charity’s website

Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.

Structured financials (annual return, FY ending 31/03/2025)

Total income
£1.5m
Total spending
£1.5m
Reserves (reported)
£0
Employees
32

Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Throughout London

Income and spending

Financial year endIncomeSpending
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
31/03/2021£521k£510k

Common questions

Is THE GREENWICH THEATRE LIMITED financially healthy?

The accounts state that the charity ended the year with unrestricted free reserves in deficit by £40,015, which is below the trustees' stated policy target of approximately £300,000. Per the auditors' report, this net liability position indicates a material uncertainty regarding the charity's ability to continue as a going concern, contingent on the approval of a Theatre Tax Relief claim. Its FY2024 accounts were audited by Godfrey Wilson Limited.