WAKEFIELD THEATRE TRUST

Registered charity 503597 · accounts filings on the Charity Commission register · also known as WAKEFIELD METROPOLITAN FESTIVAL COMPANY LIMITED

Theatre owners & managers; cultural development agency focused primarily on the performing arts in Wakefield District but with extensive national touring throughout the UK.

Causes: Education/training · Arts/culture/heritage/science · Economic/community Development/employment · website · Get email alerts

Latest income
£2.4m
Latest spending
£2.5m
Registered
1974
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity holds free unrestricted reserves of £610,000, which is above its stated policy target of £350,000. The Trustees consider that adequate resources continue to be available to fund activities for the foreseeable future, and the auditor confirmed no material uncertainties exist regarding the going concern basis.

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

What the accounts disclose

Highest-paid employee band: £60,001 - £70,000 — below the median for charities its size (£70k)
“Employees earning £60,000 - £70,000 during the year: 1” — page 23
Per its FY2025 accounts as filed with the Charity Commission.
Employees paid over £60,000: 1
“Employees earning £60,000 - £70,000 during the year: 1” — page 23
Per its FY2025 accounts as filed with the Charity Commission.
Largest income source: Income from charitable activities (88% of income)
“Income from charitable activities 2,127,086” — page 15
Per its FY2025 accounts as filed with the Charity Commission.
Fundraising cost ratio: 5.8% of fundraised income, as disclosed
“Cost of raising funds 138,811” — page 15
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Grant received from Wakefield Metropolitan District Council (WMDC)
“Wakefield Metropolitan District Council (WMDC) - Grant received - £34,810” — page 29
“WMDC and Lowell Financial Limited - Hire of Theatre - £1,199” — page 29
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Hire of Theatre to WMDC and Lowell Financial Limited
“Wakefield Metropolitan District Council (WMDC) - Grant received - £34,810” — page 29
“WMDC and Lowell Financial Limited - Hire of Theatre - £1,199” — page 29
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Advertising on Safety Curtain at WTT by Wakefield Bid
“Wakefield Metropolitan District Council (WMDC) - Grant received - £34,810” — page 29
“WMDC and Lowell Financial Limited - Hire of Theatre - £1,199” — page 29
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Performance Academy Fees received from Trustees with children in the Academy
“Wakefield Metropolitan District Council (WMDC) - Grant received - £34,810” — page 29
“WMDC and Lowell Financial Limited - Hire of Theatre - £1,199” — page 29
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Production costs recharged to subsidiary TRW Productions Ltd
“Wakefield Metropolitan District Council (WMDC) - Grant received - £34,810” — page 29
“WMDC and Lowell Financial Limited - Hire of Theatre - £1,199” — page 29
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: TRW Productions Limited
“The charity has one wholly-owned trading subsidiary (incorporated on 10 October 2014), TRW Productions Limited” — page 26
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Saffery LLP. Discloses 5 of 6 completeness components.

Year-over-year changes

Comparing this charity’s FY2024 and FY2025 accounts as analysed by this site.

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

Leadership, per the charity’s website

Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.

Funders the charity credits

Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).

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
£2.4m
Total spending
£2.5m
Cost of raising funds
£139k
Reserves (reported)
£610k
Employees
31

Reported reserves equal ~3.0 months of spending — below the median for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Charitable activities (88% 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: 5.8% of total income — above the median for charities its size (5.2%) (benchmarks).

Trustees · trustee networks

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

Operates in: City Of Wakefield

Income and spending

Financial year endIncomeSpending
31/03/2025£2.4m£2.5m
31/03/2024£2.0m£2.2m
31/03/2023£2.1m£2.3m
31/03/2022£1.7m£1.7m
31/03/2021£1.2m£824k

Common questions

Is WAKEFIELD THEATRE TRUST financially healthy?

Per its FY2025 accounts: The accounts state that the charity holds free unrestricted reserves of £610,000, which is above its stated policy target of £350,000. The Trustees consider that adequate resources continue to be available to fund activities for the foreseeable future, and the auditor confirmed no material uncertainties exist regarding the going concern basis. Its FY2025 accounts were audited by Saffery LLP.

What does the highest-paid employee of WAKEFIELD THEATRE TRUST earn?

Per its FY2025 accounts, the highest-paid employee was in the £60,001 - £70,000 band, and 1 employees earned over £60,000.

Who funds WAKEFIELD THEATRE TRUST?

Funders whose own accounts filings name WAKEFIELD THEATRE TRUST as a grant recipient include THE THEATRES TRUST CHARITABLE FUND, THE REED FOUNDATION.

Known funders

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

FunderYearAmountPurpose (as stated by the funder)
THE THEATRES TRUST CHARITABLE FUNDFY2023£5kSmall Grants Programme
THE THEATRES TRUST CHARITABLE FUNDFY2022£5k
THE REED FOUNDATIONFY2022£5kChristmas Challenge

Government & lottery funding

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

FunderDateAmountPurpose
Crowdfunder24/10/2022£1kLocal Action Fund
The National Lottery Heritage Fund29/10/2019£98k"Matcham Resilience Project"
The National Lottery Community Fund16/03/2009£10kEvery Body Moves
The National Lottery Heritage Fund13/03/2002£162k"Wakefield Theatre Royal - Restoration and Ventilation"

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 THEATRE DEVELOPMENT TRUST.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
WAKEFIELD THEATRE TRUST£2.4m£60,001 - £70,0001unclear5.8%no doubt
THEATRE DEVELOPMENT TRUST FY2024£1.0m—0above—no doubt
THE HEPWORTH WAKEFIELD FY2025£4.2m£100,001 - £110,000—unclear—no doubt
WORCESTER THEATRES CHARITABLE TRUST LTD FY2025£2.6m—0unclear—no doubt
WAKEFIELD AND TETLEY TRUST FY2024£434kmore than £60,0002unclear—no doubt
WOKINGHAM THEATRE FY2025£281k—0unclear—no doubt

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