NEWCASTLE UPON TYNE MUSICAL THEATRE COMPANY
The charitable company's objective is to contribute to the quality of life of the people of Newcastle Upon Tyne through the production of operatic and musical productions
Financial health, per its FY2024 accounts
The accounts state that the charity generated a net surplus of £1,622 for the year ended 31 December 2024, resulting in unrestricted reserves of £182,194. The trustees consider this level of reserves sufficient to provide flexibility and mitigate future risks. The financial statements were prepared on a going concern basis with no material uncertainties identified.
What the accounts disclose
“Income from charitable activities includes admission fees which are recognised once earned.” — page 13
“There were no direct payments to company directors / charity trustees, other than reimbursement of direct production costs, for professional services provided.” — page 16
Trustees
- PATRICIA ANNE SMITHchair
- Carol Edith Jackson
- Gary Wright
- KATE PHILIPPA SWORD
- KENNETH JOHN ALLAN
- Laura Elizabeth Wood
- Lisa Michelle Powell
- PHILIP NORMAN STOCKLEY
- Stephen Tawse
- Steven Dixon
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £174k | £172k |
| 31/12/2023 | £165k | £161k |
| 31/12/2022 | £197k | £147k |
| 31/12/2021 | £74 | £2k |
| 31/12/2020 | £10k | £14k |
Common questions
Is NEWCASTLE UPON TYNE MUSICAL THEATRE COMPANY financially healthy?
Per its FY2024 accounts: The accounts state that the charity generated a net surplus of £1,622 for the year ended 31 December 2024, resulting in unrestricted reserves of £182,194. The trustees consider this level of reserves sufficient to provide flexibility and mitigate future risks. The financial statements were prepared on a going concern basis with no material uncertainties identified. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ASSOCIATION OF NHS CHARITIES | 1 | £632k |
| AGE UK | 1 | £482k |
| THE HEADLEY TRUST | 1 | £150k |
| THE BALLINGER CHARITABLE TRUST | 1 | £60k |
| THE PENNIES FOUNDATION | 1 | £17k |
| THE MIDDLETON FOUNDATION | 1 | £4k |
| THE CATHERINE COOKSON CHARITABLE TRUST | 1 | £500 |
Charities like this
- NEWCASTLE THEATRE ROYAL TRUST LIMITED
- TYNE THEATRE AND OPERA HOUSE PRESERVATION TRUST
- THE LITERARY AND PHILOSOPHICAL SOCIETY OF NEWCASTLE-UPON-TYNE
- Age UK Newcastle and North Tyneside
- NEWCASTLE UPON TYNE HOSPITALS NHS CHARITY
- HEALTHWORKS NEWCASTLE
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| NEWCASTLE UPON TYNE MUSICAL THEATRE COMPANY | £174k | — | 0 | unclear | — | no doubt |
| NEWCASTLE THEATRE ROYAL TRUST LIMITED | £16.3m | — | — | unclear | — | no doubt |
| TYNE THEATRE AND OPERA HOUSE PRESERVATION TRUST | £2.7m | £60,001 - £70,000 | 1 | unclear | — | no doubt |
| THE LITERARY AND PHILOSOPHICAL SOCIETY OF NEWCASTLE-UPON-TYNE | £1.5m | — | 0 | unclear | — | no doubt |
| Age UK Newcastle and North Tyneside | £10.3m | — | — | above | — | no doubt |
| NEWCASTLE UPON TYNE HOSPITALS NHS CHARITY | £9.5m | — | 0 | above | — | no doubt |