THE LACE MARKET THEATRE TRUST LIMITED

Registered charity 506730 · accounts filings on the Charity Commission register · also known as THE LACE MARKET THEATRE

to promote education particularly by the provision of facilities for the production of educational plays and the encouragement of the arts and to preserve the building of historical and architectural interest known as the Lace Market Theatre

Objects

(I) TO PROMOTE, MAINTAIN, IMPROVE AND ADVANCE EDUCATION PARTICULARLY BY THE PRODUCTION OF EDUCATIONAL PLAYS AND THE ENCOURAGEMENT OF THE ARTS INCLUDING THE ARTS OF DRAMA, BALLET, MUSIC, SINGING, LITERATURE, SCULPTURE AND PAINTING; AND (II) TO PRESERVE FOR THE BENEFIT OF THE PUBLIC THE BUILDING OF HISTORIC AND ARCHITECTURAL INTEREST SITUATE IN HALIFAX PLACE IN THE CITY OF NOTTINGHAM KNOWN AS "THE LACE MARKET THEATRE".

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

Latest income
£213k
Latest spending
£155k
Registered
1977
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity achieved a net surplus of £57,945 for the year ended 31 July 2025, with total income of £213,183 and unrestricted free reserves of £525,234. The trustees confirm the charity is financially self-sufficient and prepared on a going concern basis, noting that resources are adequate to continue operations.

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

What the accounts disclose

Largest income source: Operation of theatre (76% of income)
“Income from charitable activities: Operation of theatre 5 162,419 - 162,419 168,846”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Note 10
“During the year the charity was supplied by Design Innovation Limited a company wholly owned by a trustee, Nicholas Gale and his wife Penelope Susan Gale. A description of the equipment supplied and the cost to the charity is as follows:- Improve networking and provide VOIP telephones Call out to repair Bar Lighting Control Systems Expand KNX System on First Floor Supply Connectors for the Control System Supply 24" Touchscreen LED Monitor” — page 28
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). 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.

Corporate structure

Public fundraising profile: JustGiving — Lace Market Theatre (matched by registered charity number).

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.

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

Trustees · trustee networks

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

Operates in: Nottingham City

Income and spending

Financial year endIncomeSpending
31/07/2025£213k£155k
31/07/2024£203k£160k
31/07/2023£175k£142k
31/07/2022£131k£125k
31/07/2021£73k£69k

Common questions

Is THE LACE MARKET THEATRE TRUST LIMITED financially healthy?

Per its FY2025 accounts: The accounts state that the charity achieved a net surplus of £57,945 for the year ended 31 July 2025, with total income of £213,183 and unrestricted free reserves of £525,234. The trustees confirm the charity is financially self-sufficient and prepared on a going concern basis, noting that resources are adequate to continue operations. Its FY2025 accounts were independently examined.

Government & lottery funding

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

FunderDateAmountPurpose
The National Lottery Heritage Fund22/09/2016£10k"Exploring the Heritage of the Lace Market Theatre"