THEATRE ROYAL (PLYMOUTH) LIMITED

Registered charity 284545 · accounts filings on the Charity Commission register · also known as THEATRE ROYAL PLYMOUTH PAVILIONS

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Latest income
£23.4m
Latest spending
£22.0m
Registered
1982
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported an overall surplus of £1.4m for the year ended 31 March 2025, with unrestricted reserves totaling £5.1m. The trustees confirmed that these reserves exceed the stated policy target of £1.8m and are sufficient to meet the charity's obligations. The auditors confirmed that the financial statements were prepared on a going concern basis with no material uncertainties identified.

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

What the accounts disclose

Highest-paid employee band: £90,001 - £100,000 — below the median for charities its size (£130k)
“In the band £90,001 - £100,000” — page 34
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: £1.8m (held: £5.1m)
“Using the agreed methodology the Trustees have confirmed that TRP is required to hold unrestricted reserves of £1.8m (2024: £1.8m).”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Grant received from Nudge Community Builders
“The Charity received the disbursement of a grant totalling £2,750 (2024: £24,750) from Nudge Community Builders, a society in which a Trustee is a director.” — page 50
“The Charity made sales of £12,640 (2024: £18,094) and purchases of £20,995 (2024: £40,690) from Arts University Plymouth, a charity in which a Trustee is also a Trustee.” — page 50
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Sales and purchases with Arts University Plymouth
“The Charity received the disbursement of a grant totalling £2,750 (2024: £24,750) from Nudge Community Builders, a society in which a Trustee is a director.” — page 50
“The Charity made sales of £12,640 (2024: £18,094) and purchases of £20,995 (2024: £40,690) from Arts University Plymouth, a charity in which a Trustee is also a Trustee.” — page 50
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Sales to Westcotts (SW) LLP
“The Charity received the disbursement of a grant totalling £2,750 (2024: £24,750) from Nudge Community Builders, a society in which a Trustee is a director.” — page 50
“The Charity made sales of £12,640 (2024: £18,094) and purchases of £20,995 (2024: £40,690) from Arts University Plymouth, a charity in which a Trustee is also a Trustee.” — page 50
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Sales to Devonport High School for Boys
“The Charity received the disbursement of a grant totalling £2,750 (2024: £24,750) from Nudge Community Builders, a society in which a Trustee is a director.” — page 50
“The Charity made sales of £12,640 (2024: £18,094) and purchases of £20,995 (2024: £40,690) from Arts University Plymouth, a charity in which a Trustee is also a Trustee.” — page 50
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Purchases from Barbican Theatre
“The Charity received the disbursement of a grant totalling £2,750 (2024: £24,750) from Nudge Community Builders, a society in which a Trustee is a director.” — page 50
“The Charity made sales of £12,640 (2024: £18,094) and purchases of £20,995 (2024: £40,690) from Arts University Plymouth, a charity in which a Trustee is also a Trustee.” — page 50
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Talklight Limited
“The Theatre has one subsidiary undertaking, Talklight Limited. This company provides catering and retail facilities, and management services to the Theatre Royal (Plymouth) Limited.” — page 6
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Bishop Fleming LLP. Discloses 5 of 6 completeness components.

Public fundraising profile: JustGiving — Theatre Royal Plymouth (matched by registered charity number).

Property (HM Land Registry)

2 registered titles in England and Wales held by the charity’s company or corporate body (0 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 · instagram

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

Total income
£23.4m
Total spending
£22.0m
Cost of raising funds
£1.1m
Reserves (reported)
£5.1m
Employees
166

Reported reserves equal ~2.8 months of spending — below the median for charities its size (median 4.6 months; benchmarks).

Per its annual return, largest income source: Charitable activities (83% 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: 4.9% 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: Devon · Plymouth City

Income and spending

Financial year endIncomeSpending
31/03/2025£23.4m£22.0m
31/03/2024£17.4m£18.8m
31/03/2023£16.7m£17.5m
31/03/2022£10.4m£10.6m
31/03/2021£7.9m£7.6m

Common questions

Is THEATRE ROYAL (PLYMOUTH) LIMITED financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported an overall surplus of £1.4m for the year ended 31 March 2025, with unrestricted reserves totaling £5.1m. The trustees confirmed that these reserves exceed the stated policy target of £1.8m and are sufficient to meet the charity's obligations. The auditors confirmed that the financial statements were prepared on a going concern basis with no material uncertainties identified. Its FY2025 accounts were audited by Bishop Fleming LLP.

What does the highest-paid employee of THEATRE ROYAL (PLYMOUTH) LIMITED earn?

Per its FY2025 accounts, the highest-paid employee was in the £90,001 - £100,000 band.

Who funds THEATRE ROYAL (PLYMOUTH) LIMITED?

Funders whose own accounts filings name THEATRE ROYAL (PLYMOUTH) LIMITED as a grant recipient include BACKSTAGE TRUST, THE MACKINTOSH FOUNDATION, THE CLARE MILNE TRUST, PLYMOUTH CULTURE CIO, THE JOHN THAW FOUNDATION.

Known funders

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

FunderYearAmountPurpose (as stated by the funder)
BACKSTAGE TRUSTFY2023£67k
THE MACKINTOSH FOUNDATIONFY2024£57k
THE CLARE MILNE TRUSTFY2024£18k
PLYMOUTH CULTURE CIOFY2024£15kCultural Investment Fund
THE JOHN THAW FOUNDATIONFY2026£1k

Government & lottery funding

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

FunderDateAmountPurpose
The National Lottery Community Fund26/07/2023£363kOur Space 2023
UK government20/10/2022£1.2mNational Portfolio Organisations
UK government20/10/2022£1.2mNational Portfolio Organisations
UK government13/12/2021£1.2mNational Portfolio Organisations
The National Lottery Heritage Fund14/11/2018£40k"Journeys"
The National Lottery Community Fund22/06/2018£257kFunky Llama
The National Lottery Community Fund15/07/2010£50kOur Space
The National Lottery Heritage Fund30/05/2006£25k"Akwaaba: Ghana Youth Theatre - Towards Abolition 200"
The National Lottery Heritage Fund09/03/2005£24k"Capturing the Community"

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 THE NEW THEATRE ROYAL-TRUSTEES (PORTSMOUTH) LIMITED.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THEATRE ROYAL (PLYMOUTH) LIMITED£23.4m£90,001 - £100,000—above—no doubt
THE NEW THEATRE ROYAL-TRUSTEES (PORTSMOUTH) LIMITED FY2025£1.4m—0unclear—no doubt
THEATRE ROYAL (NORWICH) TRUST LIMITED FY2025£20.2m——below—no doubt
CITY OF PLYMOUTH THEATRE COMPANY FY2024£137k—0unclear—no doubt
BRISTOL OLD VIC AND THEATRE ROYAL TRUST LIMITED FY2025£7.6m£80,001 - £90,000—above—no doubt
ALPHABETTI THEATRE FY2025£423k—0unclear—no doubt

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