THE WOLVERHAMPTON GRAND THEATRE (1982) LIMITED
Financial health, per its FY2024 accounts
The accounts state that the group reported a total comprehensive income surplus of £272,175 for the year ended 31 August 2024, compared to £859,259 in the prior year. Per the trustees' report, this result was achieved against increasing direct costs, with the rise in interest rates and investment values contributing positively to the financial position. The unrestricted reserves stood at £4,138,106, providing a significant level of liquid assets and reserves to support ongoing operations.
What the accounts disclose
“The reserves of the company are required to fund future capital expenditure, meet additional maintenance costs and any future shortfalls in revenue.”
“The company has two wholly owned subsidiaries: - Wolverhampton Grand Theatre Trading Ltd (number 07563671). This company was established in 2011 and its principal activity is to facilitate the use of the Wolverhampton Grand Theatre for commercial purposes. - Wolverhampton Grand Theatre Productions Ltd (number 10647264). This company was established in 2017 and its principal activity is as a theatre production company.”
Structured financials (annual return, FY ending 31/08/2025)
Trustees
- Duncan Charles Allen Joneschair
- Ben Bourton-Payne
- Bridget Tatham
- Kiri Grant
- Major Rana
- Ranjit Khutan
- Samuel Hudman
- Tracy Worthington
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £10.9m | £10.4m |
| 31/08/2024 | £9.9m | £9.8m |
| 31/08/2023 | £10.0m | £9.2m |
| 31/08/2022 | £8.6m | £7.5m |
| 31/08/2021 | £2.3m | £2.5m |
Common questions
Is THE WOLVERHAMPTON GRAND THEATRE (1982) LIMITED financially healthy?
The accounts state that the group reported a total comprehensive income surplus of £272,175 for the year ended 31 August 2024, compared to £859,259 in the prior year. Per the trustees' report, this result was achieved against increasing direct costs, with the rise in interest rates and investment values contributing positively to the financial position. The unrestricted reserves stood at £4,138,106, providing a significant level of liquid assets and reserves to support ongoing operations. Its FY2024 accounts were audited by Muras Baker Jones Limited.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 28/10/2013 | £10k | "Zeppelin Dreams - a new community opera in Wolverhampton commemorating WWI" |
| The National Lottery Heritage Fund | 03/07/2008 | £44k | "Grand Memories" |