Finance Score: -2

Governance Score: 5

Support Score: 11

Poor Liquidity: -1
Reasonable growth: +1
Multiple Deficits: -2

12+ Trustees: -1
Good trustee age range: +3
Dynamic board: +3

Grant maker support: +11

Overall GiG Score: 14

BRISTOL OLD VIC AND THEATRE ROYAL TRUST LIMITED

To produce year-round seasons of high quality, exciting drama in the historic auditorium serviced by a fit-for-purpose 21st century facilityTo provide an extensive programme of outreach work inspired by the repertoire and the needs of the local and regional communitiesTo take the lead in the local and regional theatre and cultural sceneTo safeguard the heritage of the Theatre Royal building

Analysis by Giving is Great

Positives:

There has been reasonable growth in spending over the last 3 years relative to the previous period
A significant proportion of recent income was derived from major grant makers including the Government
The Board appears to be well diversified in terms of age and dynamic in terms of composition

Regulatory & Governance issues to consider:

There are 13 trustees whereas the Charities Commission recommends a maximum of 12

Financial issues to consider:

Liquidity appears to have been slender at the latest year end
On several occasions in recent years income has been less than spending

Established: 61 years

www.bristololdvic.org.uk

admin@bristololdvic.org.uk

01173178655

Charity Commission for England and Wales

Tweets

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E	Income £k	Spending £k	Surplus/ Deficit	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff	Volun- teers
31/03/23	£5,798	£7,358	£-1,560	£796	£14,986	£1,449	2.4	193	85
31/03/22	£5,573	£6,802	£-1,228	£532	£16,546	£1,752	3.1	165	20
31/03/21	£3,801	£4,071	£-269	£436	£17,775	£1,805	5.3	233	10
31/03/20	£4,664	£5,704	£-1,040	£545	£18,044	£1,295	2.7	171	10
31/03/19	£7,059	£5,303	£1,756	£769	£19,084	£1,447	3.3	144	1
31/03/18	£9,071	£4,881	£4,189	£1,097	£17,328	£1,442	3.5	124	0
31/03/17	£7,224	£5,536	£1,688	£1,142	£13,138	£1,004	2.2	114	0
31/03/16	£6,506	£5,537	£969	£1,070	£11,450	£1,049	2.3	118	0
31/03/15	£5,219	£4,620	£599	£1,195	£10,084	£382	1	66	0
31/03/14	£5,925	£6,432	£-508	£1,145	£9,484	£208	0.4	68	0
31/03/13	£6,069	£3,706	£2,363	£962	£9,992	£435	1.4	63	0
31/03/12	£6,744	£2,817	£3,928	£891	£7,629	£604	2.6	43	0
31/03/11	£5,438	£3,512	£1,926	£1,046	£3,701	£553	1.9	58	0
31/03/10	£3,519	£3,729	£-210	£1,187	£1,297	£514	1.7	62	0
31/03/09	£3,456	£2,436	£1,020	£661	£1,509	£627	3.1	33	0
31/03/08	£2,139	£2,056	£83	£637	£489	£120	0.7	40	0
31/03/07	£3,264	£3,315	£-51	£1,133	£406	£133	0.5	85	0
31/03/06	£4,153	£4,111	£42	£0	£0	£0	n/a	0	0
31/03/05	£3,153	£2,944	£210	£0	£0	£0	n/a	0	0
31/03/04	£3,317	£3,125	£192	£0	£0	£0	n/a	0	0

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Financial Ratios

Fundraising Costs/Relevant Income: 18.3%
Fundraising Costs/Total Spending: 10.8%
Senior Staff Costs/Total Spending: 1%
Highest pay band: £80,000-£90,000
Liabilities/Assets: 7%
Liabilities/Income: 20%
Unrestricted Funds/Total Funds: 10%
Reserves/Spending: 2.4 months
Net Current Assets/Spending: 2 months
Quick Ratio: 1.3

Asset Split ?

Listed activities

Arts/Culture/Heritage/Science
Environment/Conservation/Heritage

How it operates

Makes Grants to Organisations
Provides buildings/facilities/open space
Provides human resources

Where it operates

Bristol City,

Who it helps

Children/Young People
Elderly/Old People
Other Charities Or Voluntary Bodies
Other Defined Groups
People Of A Particular Ethnic Or Racial Origin
People With Disabilities
The General Public/Mankind

Who works here?

193 employees
85 volunteers

Who's supporting them? ?

Donations from Grant Makers ?

We have details on the following significant donations. Multi-year donations are allocated to the years for which they are earmarked.

Major supporters in last 5 years

DCMS	£2,151,420
National Lottery Heritage Fund	£250,000
John Ellerman Foundation	£120,000
Esmee Fairbairn	£100,000

Specific Donations

Amount	When Months	To be used for
Wolfson Foundation - Grant to Bristol Old Vic
£50,000	07/12/2022	Installation of solar panels
The Foyle Foundation - Arts
£50,000	29/11/2022	towards Ferment development programme for the South West in 2023/24
Quartet Community Foundation - Grant to Bristol Old Vic
£5,000	15/09/2022	For a theatre group for people with lived experience of homelessness, with weekly drama sessions and a public performance on the main stage.
Quartet Community Foundation - Grant to Bristol Old Vic
£2,500	19/07/2022	Towards running a performance programme for black young people.
Andrew Lloyd Webber Foundation - Grant to Bristol Old Vic
£30,000	26/05/2022	Young Six Six
Quartet Community Foundation - Grant to Bristol Old Vic
£2,500	20/05/2022	As requested by the donor towards the Old Vic's Osborne Clarke's The Meaning of Zong event
John Ellerman Foundation - Ferment; £30k core contribution to commissioning p/a, with £10k p/a towards core/operating costs; overall majority funding directed to commissioned artists.
£120,000	27/01/2022 36	Towards supporting the Ferment programme centred on developing, commissioning and co-producing early to mid-career artists
National Lottery Heritage Fund - Grant to Bristol Old Vic Trust Ltd
£250,000	09/09/2021	Unscripted: a performative history project connecting Bristol’s Communities
DCMS - NPO
£1,250,983	01/04/2020	We are the national development agency for creativity and culture. We have set out our strategic vision in Lets Create that by 2030 we want England to be a country in which the creativity of each of ....more We are the national development agency for creativity and culture. We have set out our strategic vision in Lets Create that by 2030 we want England to be a country in which the creativity of each of us is valued and given the chance to flourish and where everyone of us has access to a remarkable range of high quality cultural experiences. We invest public money from Government and The National Lottery to help support the sector and to deliver this vision.
DCMS - Bristol Old Vic
£610,466	01/04/2020	To support Arts and Culture throughout England
DCMS - Bristol Old Vic
£289,971	01/04/2020	To support Arts and Culture throughout England
Andrew Lloyd Webber Foundation - Grant to Bristol Old Vic
£20,100	26/11/2019 24	Young Six Six - Covid-19 flexibility agreed
Esmee Fairbairn - Social investment Bristol Old Vic and Theatre Royal Trust Ltd
£100,000	01/05/2019 12	A transfer of Touching the Void to the West End, as part of our Arts Transfer Facility.
DCMS - NPO
£1,228,381	01/04/2019	£1.6bn invested in the key arts and culture infrastrucure organisations in England for a 4 year period
Quartet Community Foundation - An Inclusive Bristol Old Vic Young Company
£2,600	22/10/2018 9	Train and provide support staff to assist disabled young people to participate in the youth theatre company.
DCMS - NPO
£1,228,381	01/04/2018	To promote Arts & Culture throughout the UK
DCMS - NPO
£307,095	01/04/2018	To support NPO
Environmental Finance - Arts, heritage, sports and faith
£75,000	17/10/2017	All Groups
Esmee Fairbairn - Social investment Bristol Old Vic and Theatre Royal Trust Ltd
£65,000	09/10/2017 12	An investment in the transfer of Long Day's Journey into Night to the West End
John Ellerman Foundation - Core funding of Ferment programme
£100,000	28/09/2017 36	Towards the core costs of Bristol Ferment, a year-round programme supporting emerging artists developing new work
Quartet Community Foundation - Theatre Royal appeal
£5,000	27/06/2016	As requested by the donor towards the Bristol Old Vic's 250th anniversary appeal.
Quartet Community Foundation - Grant to Bristol Old Vic
£2,500	03/06/2016	As requested by the donor
Quartet Community Foundation - Grant to Bristol Old Vic
£50,000	26/05/2016	As requested by the donor.
National Lottery Heritage Fund - Grant to Bristol Old Vic and Theatre Royal Trust Limited
£2,484,700	21/07/2015	Protecting and sharing the heritage of Britain's oldest theatre
Esmee Fairbairn - Grant to Bristol Old Vic and Theatre Royal Trust Ltd
£201,480	23/06/2015 36	Towards core costs related to the Ferment artist development programme.
Esmee Fairbairn - Grant to Bristol Old Vic and Theatre Royal Trust Ltd
£500,000	30/09/2010 60	Towards Project costs Towards a programme to nurture and support emerging theatre artists.

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Data sourced from Donors via 360 Giving

How is it governed?

Trustees (13)

Current Trustees appointed

Age Range of Trustees: 37-70

AISHA THOMAS Appointed: 2023, Occupation: Education Consultant

ANNA-SOPHIE BEATRICE BRENDEL Appointed: 2023, Occupation: Director Of Audiences, Commercial & Digital, V&A

BERNARD DONOGHUE (Chair) Appointed: 2021, Occupation: Political Adviser, Other trusteeship: THE NATIONAL MUSEUM OF LABOUR HISTORY,

CLAIRE MICHELLE HISCOTT Appointed: 2016, Occupation: Councillor

CHINOYEREM ODIMBA Appointed: 2017, Occupation: Writer And Director

CRAIG CHENEY Appointed: 2019, Occupation: Deputy Mayor, Other trusteeship: PERIOD FRIENDLY PLACES,

DAVID SPROXTON Appointed: 2019, Occupation: Film Producer

FOLAKE MOBOLAJI ADEKOLA Appointed: 2022, Occupation: Accountant

KATHERINE FRANCES ANTHONY WILKINSON Appointed: 2019, Occupation: Solicitor

KLAUS PETER GOELDENBOT Appointed: 2019, Occupation: Ceo

NICHOLAS AARON JEREMY LEE Appointed: 2023, Occupation: Lawyer

SADO HUSSEIN JIRDE Appointed: 2021, Occupation: Executive Director

SUNEETA SELLERS Appointed: 2019, Occupation: Chartered Accountant

Legal constitution

Charitable company registered in England & Wales on 04/10/1963, number: 228235
Registered at Companies House on 01/04/1963, number: 00756007

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Bullying and harassment policy and procedures
Campaigns and political activity policy and procedures
Complaints handling
Complaints policy and procedures
Conflicting interests
Engaging external speakers at charity events policy and procedures
Financial reserves policy and procedures
Internal charity financial controls policy and procedures
Investing charity funds policy and procedures
Investment
Paying staff
Risk management
Safeguarding policy and procedures
Safeguarding vulnerable beneficiaries
Serious incident reporting policy and procedures
Social media policy and procedures
Trustee conflicts of interest policy and procedures
Trustee expenses policy and procedures
Volunteer management

Filing Record

20 returns made; all on time

Main office

Bristol Old Vic
King Street
Bristol
BS1 4ED

Objectives

1) TO PROMOTE AND ADVANCE EDUCATION AND, IN PARTICULAR, THE EDUCATION OF THE PUBLIC IN THE APPRECIATION AND UNDERSTANDING OF THE DRAMATIC AND MUSICAL ARTS IN ALL THEIR FORMS; AND 2) TO CONSERVE, DEVELOP AND ENHANCE THE PREMISES KNOWN AS THE THEATRE ROYAL, BRISTOL FOR THE BENEFIT OF THE PUBLIC, AS A WORKING THEATRE AND A PLACE WITH HISTORIC ASSOCIATIONS.

Defined Area of Benefit:

NOT DEFINED

Data Sources