The Lyric Theatre (NI)
Latest income
£4.6m
Latest spending
—
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that the charity reported a net loss of £8,725 for the year ended 31 March 2025, with total incoming resources of £4,647,185 and total expenditure of £4,655,910. Per the trustees' report, unrestricted reserves stood at £1,319,942, which remains below the stated policy target of £1,350,000, and the trustees acknowledge that the operating environment remains precarious due to the absence of multi-year funding.
What the accounts disclose
Reserves position: below the charity's own stated policy
“Although improved from the prior year, unrestricted reserves remain below the level required under the current Reserves Policy.”
Per FY2025 accounts as filed with CCNI.
Largest income source: Arts Council of Northern Ireland (43% of income)
“Arts Council of NI - 1,400,000” — page 25
Per FY2025 accounts as filed with CCNI.
Trading subsidiary: Lyric Players’ Theatre Productions Limited
“The company's investment represents 100% of the issued ordinary share capital of Lyric Players’ Theatre Productions Limited, a trading company incorporated in Northern Ireland.” — page 28
Per FY2025 accounts as filed with CCNI.
Independent examiner: AAB Group Accountants Limited
Per FY2025 accounts as filed with CCNI.