SADLER'S WELLS TRUST LIMITED

Registered charity 279884 · accounts filings on the Charity Commission register · also known as SADLERS WELLS THEATRE

The object for which the charity is established is to advance education particularly by encouraging the understanding and appreciation of the dramatic arts.

Causes: Education/training · Arts/culture/heritage/science · website · Get email alerts

Latest income
£43.3m
Latest spending
£37.8m
Registered
1980
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that total reserves increased to £13.1m, with unrestricted reserves at £4.5m, meeting the trustees' stated target of £3.5m for free reserves. The charity reported a net movement in funds of £6.2m, driven by a surplus on restricted funds, despite an unrestricted funds deficit of £0.3m. The auditor confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding going concern.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Accounts audited by Moore Kingston Smith LLP. Discloses 3 of 6 completeness components.

Corporate structure

Leadership, per the charity’s website

Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

Official officers record.

Property (HM Land Registry)

2 registered titles in England and Wales held by the charity’s company or corporate body (1 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Public profiles (found on the charity’s own website): facebook (221,037 followers) · instagram (249K followers)

Structured financials (annual return, FY ending 31/03/2025)

Total income
£43.3m
Total spending
£37.8m
Cost of raising funds
£4.6m
Reserves (reported)
£3.5m
Employees
384

Reported reserves equal ~1.1 months of spending — in the bottom quarter for charities its size (median 4.6 months; benchmarks).

Per its annual return, largest income source: Charitable activities (53% 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: 10.7% of total income — above the median for charities its size (3.8%) (benchmarks).

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: City Of Westminster · Islington

Income and spending

Financial year endIncomeSpending
31/03/2025£43.3m£37.8m
31/03/2024£41.8m£40.2m
31/03/2023£31.1m£30.8m
31/03/2022£22.7m£25.3m
31/03/2021£15.6m£13.0m

Common questions

Is SADLER'S WELLS TRUST LIMITED financially healthy?

Per its FY2025 accounts: The accounts state that total reserves increased to £13.1m, with unrestricted reserves at £4.5m, meeting the trustees' stated target of £3.5m for free reserves. The charity reported a net movement in funds of £6.2m, driven by a surplus on restricted funds, despite an unrestricted funds deficit of £0.3m. The auditor confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding going concern. Its FY2025 accounts were audited by Moore Kingston Smith LLP.

Who funds SADLER'S WELLS TRUST LIMITED?

Funders whose own accounts filings name SADLER'S WELLS TRUST LIMITED as a grant recipient include THE MOHN WESTLAKE FOUNDATION, THE FOYLE FOUNDATION, THREE MONKIES TRUST, THE DORFMAN FOUNDATION, PROJECT GIVING BACK.

Shared trustees with funders

Register facts shown side by side: a person serves as trustee of both this charity and a funder whose accounts record grants to it. Shared trusteeship is lawful and common; well-run charities manage it through declared-interest procedures.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
THE MOHN WESTLAKE FOUNDATIONFY2022£1.9m
THE FOYLE FOUNDATIONFY2025£900k
THE MOHN WESTLAKE FOUNDATIONFY2024£600k
THE FOYLE FOUNDATIONFY2024£200k
THREE MONKIES TRUSTFY2025£150kSupport for artistic programming and outreach; related party – see Note 9
THE DORFMAN FOUNDATIONFY2024£101k
THE DORFMAN FOUNDATIONFY2025£75k
PROJECT GIVING BACKFY2023£72kGrant for garden at RHS Chelsea Flower Show 2023
THE MILLBY FOUNDATIONFY2021£5k
THE MILLBY FOUNDATIONFY2023£5k
THE MILLBY FOUNDATIONFY2024£5k
THE PRESENT VALUE TRUSTFY2022£0

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
City Bridge Foundation26/09/2019£267kGrant to Sadler's Wells Trust Ltd
City Bridge Foundation09/09/2010£20kGrant to Sadler's Wells Trust Ltd

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 SOUTH LONDON THEATRE CENTRE LIMITED.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
SADLER'S WELLS TRUST LIMITED£43.3m——unclear—no doubt
SOUTH LONDON THEATRE CENTRE LIMITED FY2025£183k—0below—no doubt
CHADS THEATRE COMPANY FY2025£105k—0above—no doubt
THE MAYFLOWER THEATRE TRUST FY2025£28.8m£190,001 - £200,000—above—no doubt
WOKINGHAM THEATRE FY2025£281k—0unclear—no doubt
PIONEER THEATRES LIMITED FY2025£4.3m——unclear27.0%no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.