NEWCASTLE THEATRE ROYAL TRUST LIMITED
Registered charity 504473 · accounts filings on the Charity Commission register · also known as NEWCASTLE THEATRE ROYAL LIMITED, THEATRE ROYAL NEWCASTLE
A leading presenting theatre and music venue whose aim is to bring entertainment and inspiration to the North East through offering a programme of quality and diversity covering all major art forms.
Causes: Education/training · Arts/culture/heritage/science · Recreation · website · Get email alerts
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net surplus of £933,982 for the year ended 29 March 2025, driven by higher-than-expected attendances and significant interest income. Per the trustees' report, unrestricted reserves stood at £6,274,271, providing a strong cash position despite the cessation of the defined benefit pension scheme.
Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.
What the accounts disclose
Reserves policy: minimum 4-month period of normal operating costs plus repayment of deferred income balances (held: £6.3m)
“Its aim is to hold sufficient general reserves to cover the normal operating costs for a minimum 4-month period to manage an orderly wind up of the business (if ever required) and to retain sufficient cash funds to repay any deferred income balances held in relation to advance ticket sales.” — page 10
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: The Trust is owed £126,604 by its trading subsidiary, NTR Green Room Limited, in respect of services recharged during the year. The amount is unsecured, interest-free, and repayable on demand.
“At the balance sheet date, the charity was owed £126,604 by its trading subsidiary, NTR Green Room Limited, in respect of services recharged during the year. The amount is unsecured, interest-free, and repayable on demand and is included within other debtors above.” — page 44
Per its FY2025 accounts as filed with the Charity Commission.
Accounts audited by Azets Audit Services. Discloses 4 of 6 completeness components.
Property (HM Land Registry)
1 registered title in England and Wales held by the charity’s company or corporate body (0 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.
Structured financials (annual return, FY ending 31/03/2025)
Cost of raising funds
£130k
Reported reserves equal ~4.9 months of spending — above the median for charities its size (median 4.6 months; benchmarks).
Per its annual return, largest income source: Charitable activities (89% 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: 0.8% of total income — below the median for charities its size (3.8%) (benchmarks).
- NICHOLAS ROGER SWALESchair
- ANDREW ROBERTS
- Alison Currie
- Alison Jones · trustee of 1 other charity
- Carolyn Sarah Jane Ramsbotham
- David Anthony Theobald
- Dorothy Patricia Alexander
- Dr Ben Fletcher-Watson
- Laura Jane Carter
- Lorna Edwards
- Scott Holland
Trustee list from the Charity Commission register (current, not historical).
Operates in: Newcastle Upon Tyne City
Income and spending
Common questions
Is NEWCASTLE THEATRE ROYAL TRUST LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net surplus of £933,982 for the year ended 29 March 2025, driven by higher-than-expected attendances and significant interest income. Per the trustees' report, unrestricted reserves stood at £6,274,271, providing a strong cash position despite the cessation of the defined benefit pension scheme. Its FY2025 accounts were audited by Azets Audit Services.
Who funds NEWCASTLE THEATRE ROYAL TRUST LIMITED?
Funders whose own accounts filings name NEWCASTLE THEATRE ROYAL TRUST LIMITED as a grant recipient include THE MIDDLETON FOUNDATION.
Known funders
Grants to this charity found in funders’ own accounts filings.
Government & lottery funding
Grants to this charity published as open data by government and lottery funders (360Giving).
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 NEWCASTLE UPON TYNE MUSICAL THEATRE COMPANY.
Side by side with its peers
Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.