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THE HAVERING THEATRE TRUST LIMITED

Registered charity 248680 · accounts filings on the Charity Commission register · also known as HAVERING THEATRE TRUST LIMITED, HORNCHURCH THEATRE TRUST LIMITED, THE QUEEN'S THEATRE, THEN HAVERING THEATRE TRUST LIMITED

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Latest income
£4.7m
Latest spending
£4.5m
Registered
1967
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the charity reported a net expenditure of £187,403 for the year, resulting in free/unrestricted reserves of £273,604. The trustees note that these reserves represent 3.6 weeks of turnover, which is below the stated policy target of 8 weeks, and intend to make small surpluses to reach the target. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.

What the accounts disclose

Highest-paid employee band: £70,001 - £80,000 — above the median for charities its size (£70k)
“One employee (2022: none) received emoluments between £70,000 - £80,000.” — page 37
Per its FY2023 accounts as filed with the Charity Commission.
Employees paid over £60,000: 1
“One employee (2022: none) received emoluments between £70,000 - £80,000.” — page 37
Per its FY2023 accounts as filed with the Charity Commission.
Reserves position: below the charity's own stated reserves policy
“Free reserves at 31 March 2023 were £273,604, which represents 3.6 weeks of turnover.” — page 18
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Rent paid to London Borough of Havering (owned by LBH, Trustees are councillors)
“rent of £26,902 (2022: £25,000) was paid to the London Borough of Havering during the year. At the year end funds of £500,444 (2022: £700,444) were held by the London Borough of Havering in pooled funds on behalf of the trust. Certain Trustees, as recorded in the Report of Trustees' are councillors of the London Borough of Havering.” — page 42
“Variable Matter, a company where a Trustee, D Shearing, is a Director, was paid £7,550 for their work on The People's Kitchen, as part of the Havering Changing project. Payment was made a market rate.” — page 42
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Payment to Variable Matter (Trustee D Shearing is Director)
“rent of £26,902 (2022: £25,000) was paid to the London Borough of Havering during the year. At the year end funds of £500,444 (2022: £700,444) were held by the London Borough of Havering in pooled funds on behalf of the trust. Certain Trustees, as recorded in the Report of Trustees' are councillors of the London Borough of Havering.” — page 42
“Variable Matter, a company where a Trustee, D Shearing, is a Director, was paid £7,550 for their work on The People's Kitchen, as part of the Havering Changing project. Payment was made a market rate.” — page 42
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Income from trading subsidiary Hornchurch Productions Limited
“rent of £26,902 (2022: £25,000) was paid to the London Borough of Havering during the year. At the year end funds of £500,444 (2022: £700,444) were held by the London Borough of Havering in pooled funds on behalf of the trust. Certain Trustees, as recorded in the Report of Trustees' are councillors of the London Borough of Havering.” — page 42
“Variable Matter, a company where a Trustee, D Shearing, is a Director, was paid £7,550 for their work on The People's Kitchen, as part of the Havering Changing project. Payment was made a market rate.” — page 42
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Donations from Trustees
“rent of £26,902 (2022: £25,000) was paid to the London Borough of Havering during the year. At the year end funds of £500,444 (2022: £700,444) were held by the London Borough of Havering in pooled funds on behalf of the trust. Certain Trustees, as recorded in the Report of Trustees' are councillors of the London Borough of Havering.” — page 42
“Variable Matter, a company where a Trustee, D Shearing, is a Director, was paid £7,550 for their work on The People's Kitchen, as part of the Havering Changing project. Payment was made a market rate.” — page 42
Per its FY2023 accounts as filed with the Charity Commission.
Trading subsidiary: Hornchurch Productions Limited
“The financial statements consolidate the results of the charitable company and its wholly owned trading subsidiary, Hornchurch Productions Limited, on a line-by-line basis.” — page 31
Per its FY2023 accounts as filed with the Charity Commission.

Accounts audited by Buzzacott LLP. Discloses 6 of 6 completeness components.

Public fundraising profile: JustGiving — Queen's Theatre Hornchurch (matched by registered charity number).

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

Total income
£4.7m
Total spending
£4.5m
Reserves (reported)
£781k
Employees
71

Reported reserves equal ~2.1 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: Essex · Kent · Throughout London

Income and spending

Financial year endIncomeSpending
31/03/2025£4.7m£4.5m
31/03/2024£4.7m£4.9m
31/03/2023£4.0m£4.2m
31/03/2022£3.6m£3.2m
31/03/2021£2.3m£1.8m

Common questions

Is THE HAVERING THEATRE TRUST LIMITED financially healthy?

The accounts state that the charity reported a net expenditure of £187,403 for the year, resulting in free/unrestricted reserves of £273,604. The trustees note that these reserves represent 3.6 weeks of turnover, which is below the stated policy target of 8 weeks, and intend to make small surpluses to reach the target. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2023 accounts were audited by Buzzacott LLP.

What does the highest-paid employee of THE HAVERING THEATRE TRUST LIMITED earn?

Per its FY2023 accounts, the highest-paid employee was in the £70,001 - £80,000 band, and 1 employees earned over £60,000.

Government & lottery funding

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

FunderDateAmountPurpose
The National Lottery Heritage Fund06/07/2016£12k"Stories of Ford Dagenham"
The National Lottery Heritage Fund07/12/2011£50k"A Diamond On The Green"
The National Lottery Heritage Fund06/05/2010£50k"Down the River and Up the Road"