Finance Score: -4
Governance Score: 8
Support Score: 14
  • Low unrestricted reserves: -2
  • Multiple Deficits: -2
  • 12+ Trustees: -1
  • Good trustee age range: +3
  • Dynamic board: +3
  • Gender balanced board: +3
  • Grant maker support: +14
Overall GiG Score: 18 ?

SADLER'S WELLS TRUST LIMITED 

The object for which the charity is established is to advance education particularly by encouraging the understanding and appreciation of the dramatic arts.
Analysis by Giving is Great

Positives:

  • 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 gender 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:

  • Unrestricted reserves appear to be dangerously low at the latest year end
  • On several occasions in recent years income has been less than spending
Established: 44 years

www.sadlerswells.com

artisticdirector@sadlerswells.com

02078638034

Charity Commission for England and WalesCompanies HouseFacebookInstagramX
UN SDGs
?

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£31,134£30,794£340£3,032£4,654£2,65313040
31/03/22£22,696£25,292£-2,596£2,380£4,114£2,5361.22050
31/03/21£15,550£13,003£2,547£1,347£6,316£3,7573.52290
31/03/20£30,255£30,695£-440£2,758£2,778£1,9150.72230
31/03/19£27,393£27,649£-256£465£2,814£2,0230.92310
31/03/18£27,323£27,392£-69£563£2,847£2,0630.92190
31/03/17£26,802£26,651£151£424£2,967£1,8670.82160
31/03/16£27,558£27,500£58£366£2,816£1,6330.72180
31/03/15£23,654£24,257£-603£1,925£2,758£1,4240.72030
31/03/14£26,836£26,502£334£2,012£3,361£1,9570.92060
31/03/13£25,668£24,721£947£1,988£3,036£1,5380.72050
31/03/12£22,771£22,924£-153£1,902£2,089£8620.51990
31/03/11£20,902£22,085£-1,183£2,088£2,242£8770.51970
31/03/10£19,835£19,546£289£1,218£3,378£1,65711570
31/03/09£20,384£20,051£333£693£3,033£1,5510.91230
31/03/08£16,892£16,137£755£575£2,806£2,1451.61500
31/03/07?£11,296£10,394£902£413£2,051£1,70321110
31/08/06£14,545£14,079£466£0£0£0n/a00
31/08/05*£14,568£14,132£436£0£0£0n/a00
31/08/04£12,766£12,988£-222£0£0£0n/a00

Financial Ratios
Fundraising Costs/Relevant Income: 11%
Fundraising Costs/Total Spending: 9.8%
Senior Staff Costs/Total Spending: 4%
Highest pay band: £150,000-£200,000
Liabilities/Assets: 74%
Liabilities/Income: 43%
Unrestricted Funds/Total Funds: 57%
Reserves/Spending: 1 months
Net Current Assets/Spending: 3 months
Quick Ratio: 1.5
Asset Split ?
Listed activities
  • Arts/Culture/Heritage/Science
  • Education/Training
How it operates
  • Provides services
Where it operates
  • City Of Westminster, Islington,
Who it helps
  • Children/Young People
  • Elderly/Old People
  • People Of A Particular Ethnic Or Racial Origin
  • People With Disabilities
  • The General Public/Mankind
Who works here?
  • 304 employees

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£3,805,769
Garfield Weston Foundation£711,000
City Bridge Trust£267,360
Esmee Fairbairn£218,000
Specific Donations
Amount When
Months
To be used for
Esmee Fairbairn - Grant to SADLER'S WELLS TRUST LIMITED
£200,000 06/12/2023
Towards project costs to extend and diversify the What Next? movement, creating more inclusive and equitable opportunities for local Chapters to take on leadership responsibilities in their ....more
Esmee Fairbairn - Grant to SADLER'S WELLS TRUST LIMITED
£3,000 14/08/2023
Towards core costs as a Cost of Living Uplift
The Foyle Foundation - Arts
£75,000 08/02/2022
towards Well Seasoned: Celebrating Black Artists, a season of performances at Sadler’s Wells by artists of colour with an emphasis both on the creative African diaspora and work from diverse UK ....more
Paul Hamlyn Foundation - Covid-19 Emergency Funding
£20,000 27/10/2021
12
Sadler’s Wells is a charity dedicated to dance in all its forms. With over three centuries of theatrical heritage and a year-round programme of performances and learning activities, they bring ....more
DCMS - Investment Funds
£240,000 27/07/2021
We are the national development agency for creativity and culture. 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 ....more
Garfield Weston Foundation - WCF award - COVID19 response
£626,000 05/02/2021
Weston Culture Fund
Paul Hamlyn Foundation - Covid-19 Emergency Funding
£20,000 09/12/2020
12
What Next? is a free-to-access national movement with chapters all over the UK. They bring together freelancers and small and large arts organisations to inform, debate and shape the future of the ....more
The Foyle Foundation - Arts
£75,000 24/11/2020
to support a programme of work in 2020/21 to support freelance artists (awarded grant in response to coronavirus)
Wolfson Foundation - Grant to Sadler’s Wells Trust Ltd
£100,000 11/06/2020
Fit out of new theatre
Esmee Fairbairn - Grant to Sadler's Wells Trust Ltd
£15,000 05/05/2020
6
towards unrestricted core costs as a COVID-19 Fast Response grant
DCMS - Culture Recovery Fund
£2,975,000 01/04/2020
To support Arts and Culture throughout England
DCMS - Revenue funding for Sadlers Wells East
£240,000 01/04/2020
The wider aim of the scheme is: We are the national development agency for creativity and culture. By 2030 we want England to be a country in which the creativity of each of us is valued and given ....more
DCMS - National Youth Dance Company 20/22 (DFE)
£200,000 01/04/2020
The wider aim of the scheme is: We are the national development agency for creativity and culture. By 2030 we want England to be a country in which the creativity of each of us is valued and given ....more
DCMS - BBC Dance Celebration
£110,770 01/04/2020
The wider aim of the scheme is: We are the national development agency for creativity and culture. By 2030 we want England to be a country in which the creativity of each of us is valued and given ....more
DCMS - What Next
£9,999 01/04/2020
The wider aim of the scheme is: We are the national development agency for creativity and culture. By 2030 we want England to be a country in which the creativity of each of us is valued and given ....more
DCMS - Sadler's Wells - Accessibility and Democratisation of the What Next Movement
£30,000 01/04/2020
The wider aim of the scheme is: We are the national development agency for creativity and culture. By 2030 we want England to be a country in which the creativity of each of us is valued and given ....more
CHK Foundation - CHK Discretionary Grant
£10,000 06/01/2020
towards the performance of A. Cojocaru at Sadler's Wells in February 2020
City Bridge Trust - Grant to Sadler's Wells
£267,360 26/09/2019
£267,360 over 5 years (5 x £53,472) towards the salaries of a Community Engagement Manager (10 days per month) a Projects Manager (2 days per month) a Learning and Engagement Assistant (8 days per ....more
Garfield Weston Foundation - Multi-Year Grant (2 Years) award
£85,000 03/09/2019
Young Associates
Esmee Fairbairn - Grant to Sadler's Wells Trust Ltd
£150,000 19/06/2018
60
Towards the costs of the What Next? movement across the UK, which aims to articulate, champion and strengthen the role of culture in society.
The Baring Foundation - Grant to Sadler's Wells Trust Ltd
£30,000 15/02/2018
To increase BAME participation at the Company of Elders and to organise a mini-festival, Elixir Extracts.
Paul Hamlyn Foundation - Backbone grants 2017/18 - supporting a thriving civil society
£150,000 14/12/2017
60
What Next? Is a movement bringing together arts and cultural organisations across the UK, to articulate, champion and strengthen the role of culture in our society. We work together and seek ....more
Paul Hamlyn Foundation - What Next? (through Sadler's Wells)
£20,000 15/08/2016
12
In addition to the core support of this national movement, our grant will enable bursaries towards attendance and travel for the National Event in October 2016.
The Rayne Foundation - Grant to Sadler's Wells Trust Ltd
£10,000 12/08/2016
24
Towards the provision of Creative Dance Classes for older people in Islington.
Esmee Fairbairn - Grant to Sadler's Wells Trust Ltd
£180,000 11/12/2014
Towards the continuation of the New Wave programme of support for emerging choreographers.
Andrew Lloyd Webber Foundation - Grant to Sadler's Wells Trust Ltd
£48,000 24/09/2012
Wild Card
Paul Hamlyn Foundation - Sadler's Wells Proms
£70,000 16/07/2012
Core support towards the launch and second year of the Sadler's Wells Proms.
Esmee Fairbairn - Grant to Sadler's Wells Trust Ltd
£200,000 06/02/2012
Towards a programme of support for emerging choreographers.
Show more rows

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (13)
Current Trustees appointed
Gender Split
Based on 11/13 persons

Age Range of Trustees: 40-68
Legal constitution
  • Charitable company registered in England & Wales on 30/04/1980, number: 279884
  • Registered at Companies House on 01/04/1980, number: 01488786
Gift Aid
  • Registered with HMRC for Gift Aid
Policies in force
  • Bullying and harassment policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • Conflicting interests
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management 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
Filing Record
20 returns made; AR05: 275 days late,
Main office

SADLERS WELLS THEATRE
ROSEBERY AVENUE
LONDON
EC1R 4TN

Objectives

TO ADVANCE EDUCATION PARTICULARLY BY ENCOURAGING THE UNDERSTANDING AND APPRECIATION OF THE DRAMATIC ARTS ANYWHERE IN THE UNITED KINGDOM BY PROVIDING, PRESENTING, PRODUCING, ORGANISING, MANAGING AND CONDUCTING PERFORMANCES OF CLASSICAL AND EDUCATIONAL PLAYS, OPERA, BALLET, FILMS AND CONCERTS, IMPROVING AND PRESERVING AMENITIES FOR PUBLIC BENEFIT.

Defined Area of Benefit:

NOT DEFINED

Data Sources

Charity Commission for England and Wales
360 Giving
CharityBase
Authorised officials of this charity can add information to this page (including a Donate Now button) for no cost

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