ROYAL EXCHANGE THEATRE COMPANY LIMITED
Registered charity 255424 · accounts filings on the Charity Commission register · also known as 69 THEATRE COMPANY LIMITED
Production of plays and other artistic activities
Causes: Arts/culture/heritage/science · website · Get email alerts
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure of £752,000 for the year, resulting in a decrease in unrestricted reserves from £3.2m to £2.8m. While the trustees confirm adequate liquidity and a going concern basis, the filing notes significant reliance on Arts Council England grant funding to balance income and expenditure annually.
Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.
What the accounts disclose
Reserves policy: £800k (held: £2.8m)
“Overall we believe that a figure of £800k of free reserves (unrestricted funds not invested in fixed assets or irrevocably committed for other purposes) is reasonable.” — page 8
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Costs recharged to subsidiary Exchange Productions Limited
“Exchange Productions Limited, a subsidiary, acts as a production company for the charity. Exchange Productions Limited, in turn, subcontracts the production of its show to the charity. The costs incurred by Royal Exchange Theatre Company Limited are recharged to Exchange Productions Limited: these totalled £5,352,359 (2024: £5,393,688) in the year.” — page 41
“Donations from trustees amounted to £29 (2024: £119,911). This amount includes both donations from individuals and donations from trusts and companies related to trustees.” — page 41
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Donations from trustees
“Exchange Productions Limited, a subsidiary, acts as a production company for the charity. Exchange Productions Limited, in turn, subcontracts the production of its show to the charity. The costs incurred by Royal Exchange Theatre Company Limited are recharged to Exchange Productions Limited: these totalled £5,352,359 (2024: £5,393,688) in the year.” — page 41
“Donations from trustees amounted to £29 (2024: £119,911). This amount includes both donations from individuals and donations from trusts and companies related to trustees.” — page 41
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Royal Exchange Theatre Trading Limited, Exchange Productions Limited
“These subsidiaries are Royal Exchange Theatre Trading Limited and Exchange Productions Limited.”
Per its FY2025 accounts as filed with the Charity Commission.
Accounts audited by Menzies LLP. Discloses 4 of 6 completeness components.
Funders the charity credits
Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).
Property (HM Land Registry)
1 registered title in England and Wales held by the charity’s company or corporate body (0 freehold); recorded price paid £67k. 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)
Cost of raising funds
£973k
Reported reserves equal ~4.2 months of spending — below the median for charities its size (median 4.8 months; benchmarks).
Per its annual return, largest income source: Donations and legacies (39% 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: 13.3% of total income — above the median for charities its size (5.2%) (benchmarks).
- Simon Martin Johnsonchair · trustee of 2 other charities
- Alison Loveday · trustee of 2 other charities
- Benjamin James Power
- Joanna Katharine Taylor
- Nick Stevens
- RACHEL ANNA FRASER
- Rajeevendra Mahapatra
Trustee list from the Charity Commission register (current, not historical).
Operates in: Cheshire East · Cheshire West & Chester · Lancashire · Manchester City
Income and spending
Common questions
Is ROYAL EXCHANGE THEATRE COMPANY LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net expenditure of £752,000 for the year, resulting in a decrease in unrestricted reserves from £3.2m to £2.8m. While the trustees confirm adequate liquidity and a going concern basis, the filing notes significant reliance on Arts Council England grant funding to balance income and expenditure annually. Its FY2025 accounts were audited by Menzies LLP.
Who funds ROYAL EXCHANGE THEATRE COMPANY LIMITED?
Funders whose own accounts filings name ROYAL EXCHANGE THEATRE COMPANY LIMITED as a grant recipient include THE MACKINTOSH FOUNDATION.
Known funders
Grants to this charity found in funders’ own accounts filings.
Government & lottery funding
Grants to this charity published as open data by government and lottery funders (360Giving).
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 ROYAL SHAKESPEARE COMPANY, STRATFORD-UPON-AVON.
Side by side with its peers
Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.