THE NEW THEATRE ROYAL-TRUSTEES (PORTSMOUTH) LIMITED
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £155,725 for the year ended 30 March 2025, which included a £100,000 provision for roof repairs. Per the trustees' report, the charity's free reserves were approximately £150,000, matching the lower end of their stated policy target of three to four months of overhead expenditure. The trustees note that while the underlying deficit reduced, the recovery is fragile and dependent on key staff and continued cooperation with Kings Theatre Trust.
What the accounts disclose
“Ms Anna Farthing received salary and pension contributions totalling £17,720 (2024: £47,024) for the period when she was a trustee.”
“Ms Anna Farthing received salary and pension contributions totalling £17,720 (2024: £47,024) for the period when she was a trustee.”
Structured financials (annual return, FY ending 30/03/2025)
Trustees
- Damon Trevor Reptonchair
- Catherine Helena Cole
- DAVID TERENCE GANT
- Graeme Brian Quar
- Hannah Louise Ashwell
- Ian Heggie Pratt
- Penelope Jane Prescott
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/03/2025 | £1.4m | £1.5m |
| 31/03/2024 | £1.3m | £1.4m |
| 31/03/2023 | £1.7m | £1.2m |
| 31/03/2022 | £639k | £793k |
| 31/03/2021 | £222k | £322k |
Common questions
Is THE NEW THEATRE ROYAL-TRUSTEES (PORTSMOUTH) LIMITED financially healthy?
The accounts state that the charity reported a net deficit of £155,725 for the year ended 30 March 2025, which included a £100,000 provision for roof repairs. Per the trustees' report, the charity's free reserves were approximately £150,000, matching the lower end of their stated policy target of three to four months of overhead expenditure. The trustees note that while the underlying deficit reduced, the recovery is fragile and dependent on key staff and continued cooperation with Kings Theatre Trust. Its FY2025 accounts were audited by Blue Spire Limited.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 10/08/2020 | £5k | "COVID19 New Theatre Royal" |
| The National Lottery Heritage Fund | 22/06/2010 | £1.4m | "Regeneration of New Theatre Royal in Portsmouth" |