THEATRE ROYAL (NORWICH) TRUST LIMITED
Regional theatre
Objects
(a) to promote, maintain, improve and advance education, particularly by the production of educational plays and the encouragement of the arts, including the arts of drama, mime, dance, singing and music and to formulate, prepare and establish schemes, therefore, provided that nothing contained in this Article 2 and Article 3 shall be deemed to authorise or permit the property of the Company nor the income thereof nor any part of such property or income to be applied or used for any object or purpose which is not exclusively charitable. (b) to receive, educate and train students in drama, dancing, music and other arts and to promote the recognition and encouragement of special merit in students by the institution and presentation of scholarships, exhibitions, grants, medals and other prizes or benefactions.
Financial health, per its FY2025 accounts
The accounts state that total income was £20.2m, slightly up from £19.1m in the prior year, while total expenditure remained flat at £20.2m, resulting in a net deficit. The charity holds unrestricted reserves of £4.3m, though the trustees calculate free reserves as nil due to significant fixed asset values, a position they consider acceptable given strong cash balances and deferred income liabilities.
What the accounts disclose
“Whilst the general reserve exceeds the reserves target stated in the policy, the level of free reserves when calculated is nil due to a significant proportion being made up of fixed assets” — page 31
“Theatre Royal (Norwich) Trust Limited has one wholly owned subsidiary, Theatre Royal (Norwich) Services Limited.” — page 91
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 28/03/2025
- Volunteers: 180
- Government income: £5,791 — grants £5,791 (1); under 1% of the £20,154,026 total gross income on the same return
- Employees paid over £60,000: 5 (£60,001–£70,000: 3; £70,001–£80,000: 1; £120,001–£130,000: 1)
- Has a trading subsidiary
Self-declared on the annual return for the financial year ending 28/03/2024
- Volunteers: 170
- Government income: £5,791 — grants £5,791 (1); under 1% of the £19,107,351 total gross income on the same return
- Employees paid over £60,000: 4 (£60,001–£70,000: 3; £120,001–£130,000: 1)
- Has a trading subsidiary
Self-declared on the annual return for the financial year ending 28/03/2023
- Volunteers: 170
- Government income: £5,791 — grants £5,791 (1); under 1% of the £18,389,947 total gross income on the same return
- Employees paid over £60,000: 2 (£60,001–£70,000: 1; £130,001–£140,000: 1)
- Has a trading subsidiary
In the news
Corporate structure
- Registered company of the charity Companies House 00997352
- Trading subsidiary: THEATRE ROYAL (NORWICH) SERVICES LIMITED Companies House 01052539
- Turnover: £3.8m
- Profit before tax: £-71k
- The company incurred production and running costs of £755,794 for a related undertaking, Nutcracker in Havana Limited, and was owed this same amount at the reporting date.
Leadership, per the charity’s website
- Stephen Crocker — Chief Executive & Creative Director
- Tom Sleigh — Chair of Trustees
Company officers (Companies House)
- GALVIN, Lucy Frances, Cllr on trustee list
- CARTER, Robert Edward Russell on trustee list
- COWEN, James Frederick Huxley on trustee list
- RAVAL, Vivek on trustee list
- SAUL, Edmund Michael Iliff on trustee list
- HARRINGTON, Oliver Reuben Joel on trustee list
- MASON BILLIG, Kay not on trustee list
- SLEIGH, Thomas Charles Christopher on trustee list
- MUDEKA, Anna Hamunyare on trustee list
- NICHOLAS, Judeline Glynis on trustee list
- MCGILLIVRAY, Laura Susan on trustee list
- LLOYD, John Nicholas on trustee list
- WINTON, Rebecca
Property (HM Land Registry)
Structured financials (annual return, FY ending 28/03/2025)
Register events
- Received assets from another charity (08/01/2019)
Trustees
- Thomas Charles Christopher Sleighchair
- Anna Mudeka
- Edmund Saul
- James Cowen
- John Nicholas Lloyd
- Judeline Nicholas
- Kay Mason Billig
- Laura Susan McGillivray
- Lucy Frances Galvin
- Oliver Reuben Joel Harrington
- Robert Edward Russell Carter
- Vivek Raval
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 28/03/2025 | £20.2m | £20.2m |
| 28/03/2024 | £19.1m | £20.2m |
| 28/03/2023 | £18.4m | £19.0m |
| 28/03/2022 | £9.3m | £10.7m |
| 28/03/2021 | £5.8m | £4.8m |
Common questions
Is THEATRE ROYAL (NORWICH) TRUST LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that total income was £20.2m, slightly up from £19.1m in the prior year, while total expenditure remained flat at £20.2m, resulting in a net deficit. The charity holds unrestricted reserves of £4.3m, though the trustees calculate free reserves as nil due to significant fixed asset values, a position they consider acceptable given strong cash balances and deferred income liabilities. Its FY2025 accounts were audited by Nyman Libson Paul LLP.
Who funds THEATRE ROYAL (NORWICH) TRUST LIMITED?
Funders whose own accounts filings name THEATRE ROYAL (NORWICH) TRUST LIMITED as a grant recipient include THE DORFMAN FOUNDATION, EDUCATIONAL FOUNDATION OF ALDERMAN JOHN NORMAN, LILIAN FRANCES HIND BEQUEST (TRUSTEES OF LADY HIND).
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE DORFMAN FOUNDATION | FY2021 | £20k | General charitable purpose donations |
| EDUCATIONAL FOUNDATION OF ALDERMAN JOHN NORMAN | FY2025 | £5k | Special Awards |
| LILIAN FRANCES HIND BEQUEST (TRUSTEES OF LADY HIND) | FY2025 | £1k |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 14/11/2013 | £68k | "To End All Wars" |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BACKSTAGE TRUST | 1 | £210k |
| THE MACKINTOSH FOUNDATION | 1 | £11k |
| THE CORCORAN FOUNDATION | 1 | £10k |
| THE JOHN THAW FOUNDATION | 1 | £8k |
| THE GROCERS' CHARITY | 1 | £5k |
| THE FENTON ARTS TRUST | 1 | £5k |
| THE LECHE TRUST | 1 | £4k |
| THE MIDDLETON FOUNDATION | 1 | £4k |
Charities like this
- ROYALTY THEATRE SUNDERLAND
- ROYAL EXCHANGE THEATRE TRUSTEES LIMITED
- NEWCASTLE THEATRE ROYAL TRUST LIMITED
- THEATRE-RITES
- THE ROYAL THEATRICAL SUPPORT TRUST
- WELSH NATIONAL THEATRE
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THEATRE ROYAL (NORWICH) TRUST LIMITED | £20.2m | — | — | below | — | no doubt |
| ROYALTY THEATRE SUNDERLAND | £82k | no employee benefits in excess of £60,000 | 0 | above | — | no doubt |
| ROYAL EXCHANGE THEATRE TRUSTEES LIMITED | £50k | — | 0 | unclear | — | no doubt |
| NEWCASTLE THEATRE ROYAL TRUST LIMITED | £16.3m | — | — | unclear | — | no doubt |
| THEATRE-RITES | £278k | — | 0 | unclear | — | no doubt |
| THE ROYAL THEATRICAL SUPPORT TRUST | £82k | — | 0 | unclear | — | no doubt |