LEEDS THEATRE TRUST LIMITED
Financial health, per its FY2025 accounts
The accounts state that the charity reported a deficit on unrestricted funds of £156,591 for the year ended 31 July 2025, compared to a surplus in the prior year. Per the trustees' report, free reserves of £1,303,469 were held, which falls within the stated policy target range of £1.2M to £1.8M. The organisation confirmed it is operating on a going concern basis with forecasts extending to July 2028.
What the accounts disclose
“the Trust has concluded that it should hold free reserves within a range of £1.2M to £1.8M which is the equivalent to 8 weeks and 12 weeks average annual income.”
“Leeds Theatre Trust Limited paid £80,211 (2024: £84,266) to Spektrix Ltd for box office services. Michael Nabarro, who is a trustee of Leeds Theatre Trust Limited, is CEO of Spektrix Limited.” — page 44
“Leeds Playhouse (Enterprises) Limited is a wholly owned subsidiary of the charitable company.” — page 26
Structured financials (annual return, FY ending 31/07/2025)
Register events
- Received assets from another charity (07/07/2014)
Trustees
- Angela Eddison
- Bertille Calinaud
- Elizabeth Watling
- Kathryn Sara Rami
- Neil Adleman
- Peter Gruen
- Rozina Breen
- Ruth Pitt
- Samantha Louise Fray
- Sharon Jandu
- Simon Robinson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £9.7m | £10.1m |
| 31/07/2024 | £10.1m | £10.0m |
| 31/07/2023 | £10.5m | £12.4m |
| 31/07/2022 | £7.3m | £8.1m |
| 31/07/2021 | £9.1m | £3.7m |
Common questions
Is LEEDS THEATRE TRUST LIMITED financially healthy?
The accounts state that the charity reported a deficit on unrestricted funds of £156,591 for the year ended 31 July 2025, compared to a surplus in the prior year. Per the trustees' report, free reserves of £1,303,469 were held, which falls within the stated policy target range of £1.2M to £1.8M. The organisation confirmed it is operating on a going concern basis with forecasts extending to July 2028. Its FY2025 accounts were audited by Azets Audit Services Limited.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 10/06/2009 | £23k | "Leeds Routes" |
| The National Lottery Heritage Fund | 08/12/1999 | £69k | "Celebrating Memories, West Yorkshire Playhouse" |