CUMBRIA THEATRE TRUST

Registered charity 516673 · accounts filings on the Charity Commission register · also known as CUMBERLAND YOUTH THEATRE, NEW DIRECTIONS, THEATRE BY THE LAKE

Provision of a year-round theatre and performing arts resource for the communities of, and visitors to, Cumbria.Activities include productions and performances created in-house and by others for public consumption, programmes of participatory activity and workshop activity focussed on professional artistic development.

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

Latest income
£4.0m
Latest spending
£3.7m
Registered
1985
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity realized a surplus on unrestricted funds of £392,729 for the year ended 31 March 2025. The Trustees have concluded that a minimum level of undesignated free reserves of £500,000 is satisfactory, and the actual undesignated free reserves at year-end were £636,303. The Trustees are confident that the charity can be sustained in its current form provided Arts Council England continues with current arrangements and given the held reserves balance.

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

What the accounts disclose

Largest income source: Arts Council England (20% of income)
“After ticket sales, the most substantial part (20%) of CTT’s funding comes from Arts Council England (ACE).” — page 14
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: £500,000 (held: £636k)
“After the review, the Trustees have concluded that in the coming year a minimum level of undesignated free reserves of £500,000 would be satisfactory.” — page 16
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Grant from Keswick Town Council
“A grant of £2,000 (2024: £2,000) was received from Keswick Town Council towards our education and participation work in Keswick and the surrounding area.” — page 43
“The group received £157,376 (2024; £10,000) in grants from Cumberland Council during the year.” — page 43
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Grant from Cumberland Council
“A grant of £2,000 (2024: £2,000) was received from Keswick Town Council towards our education and participation work in Keswick and the surrounding area.” — page 43
“The group received £157,376 (2024; £10,000) in grants from Cumberland Council during the year.” — page 43
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Donations from trustees
“A grant of £2,000 (2024: £2,000) was received from Keswick Town Council towards our education and participation work in Keswick and the surrounding area.” — page 43
“The group received £157,376 (2024; £10,000) in grants from Cumberland Council during the year.” — page 43
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Azets Audit Services. Discloses 5 of 6 completeness components.

In the news

Recent coverage mentioning this charity by name (automated match; headlines belong to their publishers).

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)

6 registered titles in England and Wales held by the charity’s company or corporate body (0 freehold); recorded price paid £80k. 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
£4.0m
Total spending
£3.7m
Cost of raising funds
£84k
Reserves (reported)
£636k
Employees
29

Reported reserves equal ~2.0 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Per its annual return, cost of raising funds: 2.1% of total income — below the median for charities its size (5.2%) (benchmarks).

Trustees · trustee networks

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

Operates in: Cumbria

Income and spending

Financial year endIncomeSpending
31/03/2025£4.0m£3.7m
31/03/2024£3.0m£2.9m
31/03/2023£2.7m£3.0m
31/03/2022£1.7m£1.8m
31/03/2021£2.3m£1.5m

Common questions

Is CUMBRIA THEATRE TRUST financially healthy?

Per its FY2025 accounts: The accounts state that the charity realized a surplus on unrestricted funds of £392,729 for the year ended 31 March 2025. The Trustees have concluded that a minimum level of undesignated free reserves of £500,000 is satisfactory, and the actual undesignated free reserves at year-end were £636,303. The Trustees are confident that the charity can be sustained in its current form provided Arts Council England continues with current arrangements and given the held reserves balance. Its FY2025 accounts were audited by Azets Audit Services.

Who funds CUMBRIA THEATRE TRUST?

Funders whose own accounts filings name CUMBRIA THEATRE TRUST as a grant recipient include THE JOSEPH AND LILIAN SULLY FOUNDATION, THE EDGAR E LAWLEY FOUNDATION, THE HADFIELD CHARITABLE TRUST.

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).

FunderDateAmountPurpose
The National Lottery Community Fund21/05/2014£8kReaching People Living with Dementia in our Community
The National Lottery Community Fund16/02/2009£4kSpeaking Our Minds
Northern Rock Foundation11/07/2006£200kGrant awarded to Theatre by the Lake (Cumbria)

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 CORBY CUBE THEATRE TRUST.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
CUMBRIA THEATRE TRUST£4.0m—0unclear—no doubt
CORBY CUBE THEATRE TRUST FY2025£1.4m—0unclear—no doubt
LEEDS THEATRE TRUST LIMITED FY2025£9.7m——unclear—no doubt
BRISTOL OLD VIC AND THEATRE ROYAL TRUST LIMITED FY2025£7.6m£80,001 - £90,000—above—no doubt
THE NEW THEATRE ROYAL-TRUSTEES (PORTSMOUTH) LIMITED FY2025£1.4m—0unclear—no doubt
SCARBOROUGH THEATRE TRUST LIMITED FY2025£3.1m——below—noted

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