Brixton House Limited
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure of £1,438,835 for the year, resulting in unrestricted funds falling to a deficit of £3,951,277. The trustees note that free reserves are very low and rely on capital project funds to support the deficit position, with a plan to reach break-even by 2028/29. The auditor confirmed that the use of the going concern basis is appropriate and identified no material uncertainties regarding the charity's ability to continue operations.
What the accounts disclose
“The Trustees recognise the inherent risks and uncertainties involved in presenting theatrical productions and aim to maintain a minimum level of general reserves of an equivalent to £800,000 cover contracted production expenditure and administration, building and staff costs for six months.”
“A trading subsidiary, Brixton House Trading Limited, was incorporated on 18 December 2024. This is fully owned by Ovalhouse Theatre Limited and it is expected that this will come into operation during the financial year 2026/27.” — page 33
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (21/08/2025)
Trustees
- Keith Valentine Grahamchair
- Abiola Josina Adebisi Agana
- Alexander DaCosta Cole
- Christina Liciaga
- Cordelia Redwood-Sawyer
- Eddy Akang
- Louise Adele Johns-Shepherd
- Nana Hughes
- Professor Karen Nicole Salt
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £2.0m | £3.4m |
| 31/03/2024 | £1.6m | £2.7m |
| 31/03/2023 | £1.4m | £2.7m |
| 31/03/2022 | £2.1m | £1.2m |
| 31/03/2021 | £1.1m | £783k |
Common questions
Is Brixton House Limited financially healthy?
The accounts state that the charity reported a net expenditure of £1,438,835 for the year, resulting in unrestricted funds falling to a deficit of £3,951,277. The trustees note that free reserves are very low and rely on capital project funds to support the deficit position, with a plan to reach break-even by 2028/29. The auditor confirmed that the use of the going concern basis is appropriate and identified no material uncertainties regarding the charity's ability to continue operations. Its FY2025 accounts were audited by Moore Kingston Smith LLP.