THE PALACE THEATRE CHARITY
The Palace Theatre was conveyed to the council by Mrs GE Mouillot in a deed of gift as an expression of her interest and goodwill towards the then County Borough Council.The Theatre is used for the general benefit of the inhabitants of Southend-on-Sea
Objects
FOR LEGALLY CHARITABLE PURPOSES IN TEHE BOROUGH OF SOUTHEND -ON-SEA.
Financial health, per its FY2025 accounts
The accounts state that the charity operates at an operating deficit, which is fully funded by the sole trustee, Southend-on-Sea City Council. The charity holds total funds of £1,218,511, consisting entirely of endowment funds, with unrestricted reserves effectively nil. The trustees report that the charity does not need to hold reserves because the Council meets any deficit incurred.
What the accounts disclose
“During the year the trustee (Southend City Council) donated £48,192 (2024: £36,980) to the Trust in respect of the funding required to cover the operational deficit for the year.” — page 13
“The Trust paid the Council £59,783 in respect of operating costs for the year (2024: £48,674).” — page 13
“During the year the trustee (Southend City Council) donated £48,192 (2024: £36,980) to the Trust in respect of the funding required to cover the operational deficit for the year.” — page 13
“The Trust paid the Council £59,783 in respect of operating costs for the year (2024: £48,674).” — page 13
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
- Investment
- 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
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £61k | £100k |
| 31/03/2024 | £50k | £66k |
| 31/03/2023 | £61k | £110k |
| 31/03/2022 | £53k | £102k |
| 31/03/2021 | £70k | £82k |
Common questions
Is THE PALACE THEATRE CHARITY financially healthy?
Per its FY2025 accounts: The accounts state that the charity operates at an operating deficit, which is fully funded by the sole trustee, Southend-on-Sea City Council. The charity holds total funds of £1,218,511, consisting entirely of endowment funds, with unrestricted reserves effectively nil. The trustees report that the charity does not need to hold reserves because the Council meets any deficit incurred. Its FY2025 accounts were independently examined.