THEATRE DEVELOPMENT TRUST

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

The principal activity of the charity is to promote and advance the dramatic and other performing arts for the benefit of the public through supporting the work of various charitable foundations together with the provision of grants to people in the arts.

Objects

TO PROMOTE AND ADVANCE THE DRAMATIC AND OTHER PERFORMING ARTS FOR THE BENEFIT OF THE PUBLIC

Area of benefit: NOT DEFINED

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Arts/culture/heritage/science · Grant history (this charity is a funder) · Get email alerts

Registered contact address: Westminster, London, England (from the postcode on the register)

Latest income
£434k
Latest spending
£1.1m
Registered
1985
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity holds unrestricted reserves of £4,329,978, which is above its stated policy target of £2.6m. The charity reported a net movement in funds of £394,888 for the year, driven largely by investment gains and the liquidation of investments to repay a significant loan. The trustees confirm that assets are sufficient to meet obligations and that the charity is a going concern.

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

What the accounts disclose

Reserves policy: To hold 15% of the carrying value of the fixed asset investment -In addition, to hold 3 months of projected annual grant payments (reserves figure: £4.3m)
“The Board has set the reserves policy as follows: -To hold 15% of the carrying value of the fixed asset investment -In addition, to hold 3 months of projected annual grant payments”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Management fee paid to SOLT
“In additions there is a £60,000 management fee charged by SOLT to TDT (2024: £60,000), which in 2024 was included in trade creditors at year end.”
“Within the year a loan from Society of London Theatre to the Theatre Development Trust of £11,150,000 was repaid.” — page 23
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Loan repayment to SOLT
“In additions there is a £60,000 management fee charged by SOLT to TDT (2024: £60,000), which in 2024 was included in trade creditors at year end.”
“Within the year a loan from Society of London Theatre to the Theatre Development Trust of £11,150,000 was repaid.” — page 23
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Grants to Stage One (Trustees Eleanor Lloyd and Kenneth Wax are also Trustees of Stage One)
“In additions there is a £60,000 management fee charged by SOLT to TDT (2024: £60,000), which in 2024 was included in trade creditors at year end.”
“Within the year a loan from Society of London Theatre to the Theatre Development Trust of £11,150,000 was repaid.” — page 23
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Moore Kingston Smith LLP. Discloses 4 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

From the charity’s annual return (Part A, self-declared)

Answers and figures the charity gave in Part A of its annual return to the Charity Commission. They are self-declared: not verified by the Commission or by this site. Only positive answers and figures are listed; items not listed are simply not shown.

Self-declared on the annual return for the financial year ending 31/12/2025

  • Grant-making is its main activity

Self-declared on the annual return for the financial year ending 31/12/2024

  • Grant-making is its main activity

Self-declared on the annual return for the financial year ending 31/12/2023

  • Grant-making is its main activity

Source: this charity’s annual returns on the Charity Commission register.

Corporate structure

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.

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 7.2 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (59% 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: 38.9% of total income — above the 90th percentile for charities its size (median 3.2%) (benchmarks).

Trustees · trustee networks

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
31/12/2025£434k£1.1m
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

Common questions

Is THEATRE DEVELOPMENT TRUST financially healthy?

Per its FY2025 accounts: The accounts state that the charity holds unrestricted reserves of £4,329,978, which is above its stated policy target of £2.6m. The charity reported a net movement in funds of £394,888 for the year, driven largely by investment gains and the liquidation of investments to repay a significant loan. The trustees confirm that assets are sufficient to meet obligations and that the charity is a going concern. Its FY2025 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, MOONDANCE 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.

FunderYearAmountPurpose (as stated by the funder)
THE GATSBY CHARITABLE FOUNDATIONFY2022£1.3mTowards providing hardship support to artists and theatre workers adversely affected by the COVID-19 pandemic.
MOONDANCE FOUNDATIONFY2023£750k
BACKSTAGE TRUSTFY2023£387kCreative Workforce Pilot Programme
BACKSTAGE TRUSTFY2023£387k
BACKSTAGE TRUSTFY2025£317kFinal stages of Creative Workforce Pilot Programme
BACKSTAGE TRUSTFY2022£250kAdditional grant to Theatre Artists Fund for emergency support for theatre workers
BACKSTAGE TRUSTFY2022£250k
HUO FAMILY FOUNDATION (UK) LIMITEDFY2021£138kSupport for freelancers (Theatre Artists Fund)
HUO FAMILY FOUNDATION (UK) LIMITEDFY2022£66k
THE JOHN COATES CHARITABLE TRUSTFY2023£10k
CATKIN PUSSYWILLOW CHARITABLE TRUSTFY2022£6k
THE PORTRACK CHARITABLE TRUSTFY2021£5k
THE JOHN COATES CHARITABLE TRUSTFY2022amount not stated

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 SCARBOROUGH THEATRE DEVELOPMENT TRUST.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THEATRE DEVELOPMENT TRUST£434k—0above—no doubt
SCARBOROUGH THEATRE DEVELOPMENT TRUST FY2025£489k—0unclear—no doubt
LEICESTER THEATRE TRUST LIMITED FY2025£18.5m——unclear—no doubt
THEATRE WORKS FY2026£159k——above—no doubt
WICKHAM THEATRE TRUST FY2025£44k—0unclear—no doubt
THE UPSTAGERS THEATRE CHARITY LIMITED FY2025£93k—0unclear—no doubt

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