PHOENIX CINEMA TRUST LIMITED

Registered charity 296135 · accounts filings on the Charity Commission register

Operating an independent cinema under the auspices of a charitable trust

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

Latest income
£573k
Latest spending
£757k
Registered
1987
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net gain of £239,998 for the year, driven primarily by a £423,869 gain on the sale of land, despite an operating loss from charitable activities. Per the trustees' report, unrestricted reserves of £343,671 exceed the stated policy target of approximately £80,000, although the charity notes that trading has been challenging and it has been unable to maintain full reserves since the pandemic.

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

What the accounts disclose

Reserves policy: two months' operating costs (approximately £80K) (held: £344k)
“The Board's reserves policy continues to be that the Phoenix should hold unrestricted general funds, held in cash or readily realisable assets, equivalent to at least two months' operating costs (approximately £80K).” — page 5
Per its FY2025 accounts as filed with the Charity Commission.
Going concern: noted by the trustees or auditor
“The cinema has faced a challenging time in FY2025 similar to other independent cinemas. Trading started to improve during the last quarter of 2025 and is expected to be strong during the first quarter of 2026. The board's immediate focus will be on increasing fundraising to support the trading of the cinema. With that in mind, the accounts have been prepared on a going concern basis.” — page 5
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Two members of key management received consultancy fees of £5,945 last year (2024 none)
“Two members of key management received consultancy fees of £5,945 last year (2024 none)” — page 23
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Ark Accountancy Limited. Discloses 5 of 6 completeness components.

Public fundraising profile: JustGiving — Phoenix Cinema Trust (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 (2 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
£573k
Total spending
£757k
Reserves (reported)
£0
Employees
19

Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 5.2 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: 0.0% of total income — below the median for charities its size (4.9%) (benchmarks).

Trustees · trustee networks

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

Operates in: Barnet

Income and spending

Financial year endIncomeSpending
31/03/2025£573k£757k
31/03/2024£572k£665k
31/03/2023£610k£621k
31/03/2022£610k£605k
31/03/2021£435k£388k

Common questions

Is PHOENIX CINEMA TRUST LIMITED financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a net gain of £239,998 for the year, driven primarily by a £423,869 gain on the sale of land, despite an operating loss from charitable activities. Per the trustees' report, unrestricted reserves of £343,671 exceed the stated policy target of approximately £80,000, although the charity notes that trading has been challenging and it has been unable to maintain full reserves since the pandemic. Its FY2025 accounts were audited by Ark Accountancy Limited.

Who funds PHOENIX CINEMA TRUST LIMITED?

Funders whose own accounts filings name PHOENIX CINEMA TRUST LIMITED as a grant recipient include THE HAROLD HYAM WINGATE FOUNDATION.

Known funders

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

FunderYearAmountPurpose (as stated by the funder)
THE HAROLD HYAM WINGATE FOUNDATIONFY2025£10k

Government & lottery funding

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

FunderDateAmountPurpose
The National Lottery Community Fund11/07/2019£7kPhoenix Toddler Time
The National Lottery Heritage Fund01/12/2008£673k"Centenary Restoration Project"
The National Lottery Heritage Fund28/07/2005£24k"Improving the Heritage Aspects of the Phoenix Cinema"
The National Lottery Heritage Fund05/10/2000£4k"This group is an independent community cinema promoting film culture.The award will be used to produce a Jewish film with the theme Jewish C"

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 HAILSHAM PAVILION LIMITED.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
PHOENIX CINEMA TRUST LIMITED£573k—0unclear—noted
HAILSHAM PAVILION LIMITED FY2024£193k—0unclear—no doubt
CHICHESTER CINEMA AT NEW PARK LIMITED FY2025£802k—0unclear—no doubt
THE CASCIA TRUST FY2024£312k—0unclear—no doubt
UNITY THEATRE TRUST FY2025£228k—0above—no doubt
CHORTKOV TRUST FY2025£219k—0unclear—no doubt

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