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THEATRE DEVELOPMENT TRUST

Registered charity 292559 · accounts filings on the Charity Commission register · also known as T D T

Latest income
£1.0m
Latest spending
£1.3m
Registered
1985
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that unrestricted reserves stood at £4,011,294, which is above the stated policy target of £2.6m. The charity holds significant fixed asset investments valued at £15,837,978 but carries current liabilities of £11,939,809, primarily due to a loan from the Society of London Theatre. The trustees confirm the charity has adequate resources to continue as a going concern despite the loan being repayable on demand.

What the accounts disclose

Reserves policy: 15% of the carrying value of the fixed asset investment plus 3 months of projected annual grant payments (held: £4.0m)
“The target for free reserves based on this policy is £2.6m.” — page 7
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Grants of £130,000 paid to Theatre Investment Fund Limited (Stage One), a charity where Trustees Eleanor Lloyd and Kenneth Wax served.
“Eleanor Lloyd and Kenneth Wax who were Trustees of the charity in the year were also, for at least part of the year, Trustees of Theatre Investment Fund Limited (Stage One), a registered charity, to which grants were paid of £130,000” — page 23
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Moore Kingston Smith LLP.

Corporate structure

Structured financials (annual return, FY ending 31/12/2024)

Total income
£1.0m
Total spending
£1.3m
Cost of raising funds
£398k
Reserves (reported)
£4.0m
Employees
0

Reported reserves equal ~35.7 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Northern Ireland · Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£1.0m£1.3m
31/12/2023£690k£1.3m
31/12/2022£1.5m£2.7m
31/12/2021£5.0m£3.9m
31/12/2020£5.1m£5.0m

Common questions

Is THEATRE DEVELOPMENT TRUST financially healthy?

The accounts state that unrestricted reserves stood at £4,011,294, which is above the stated policy target of £2.6m. The charity holds significant fixed asset investments valued at £15,837,978 but carries current liabilities of £11,939,809, primarily due to a loan from the Society of London Theatre. The trustees confirm the charity has adequate resources to continue as a going concern despite the loan being repayable on demand. Its FY2024 accounts were audited by Moore Kingston Smith LLP.

Who funds THEATRE DEVELOPMENT TRUST?

Funders whose own accounts filings name THEATRE DEVELOPMENT TRUST as a grant recipient include THE GATSBY CHARITABLE FOUNDATION, BACKSTAGE TRUST, HUO FAMILY FOUNDATION (UK) LIMITED, THE JOHN COATES CHARITABLE TRUST.

Known funders

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

FunderYearAmount
THE GATSBY CHARITABLE FOUNDATIONFY2022£1.3m
BACKSTAGE TRUSTFY2023£387k
BACKSTAGE TRUSTFY2023£387k
HUO FAMILY FOUNDATION (UK) LIMITEDFY2021£138k
HUO FAMILY FOUNDATION (UK) LIMITEDFY2022£66k
THE JOHN COATES CHARITABLE TRUSTFY2023£10k

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.

FunderSimilar charities fundedAmount to them
GENESIS AMERICA (UK) LIMITED1£10k
INTERNATIONAL GUITAR FOUNDATION & FESTIVALS1£5k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE THEATRES TRUST CHARITABLE FUND.