Finance Score: 4

Governance Score: 9

Support Score: 5

Income diversified: +3
Multiple Deficits: -2
Fundraising costs low: +3

Good trustee age range: +3
Dynamic board: +3
Gender balanced board: +3

Overall weighted support: +5

Overall GiG Score: 18

CUMBRIA THEATRE TRUST

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.

Analysis by Giving is Great

Positives:

Income generation is well diversified
Fundraising costs are unusually low relative to funds raised
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

Financial issues to consider:

On several occasions in recent years income has been less than spending

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E	Income £k	Spending £k	Surplus/ Deficit £k	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff	Volun- teers
31/03/23	£2,745	£3,041	£-296	£101	£5,153	£2,093	8.3	29	180
31/03/22	£1,678	£1,830	£-152	£99	£5,449	£2,203	14.4	22	183
31/03/21	£2,269	£1,479	£791	£44	£5,601	£1,836	14.9	33	190
31/03/20	£3,301	£3,344	£-43	£272	£4,806	£1,331	4.8	52	240
31/03/19	£2,898	£3,229	£-331	£240	£4,850	£1,198	4.5	52	240
31/03/18	£3,027	£3,238	£-211	£241	£4,998	£1,168	4.3	51	0
31/03/17	£3,283	£3,341	£-58	£242	£5,061	£1,104	4	53	0
31/03/16	£3,559	£3,570	£-10	£661	£4,938	£1,058	3.6	77	0
31/03/15	£3,295	£3,475	£-180	£715	£4,835	£1,061	3.7	71	0
31/03/14	£3,429	£3,377	£52	£603	£4,958	£1,053	3.7	61	0
31/03/13	£3,256	£3,272	£-15	£567	£4,907	£1,043	3.8	56	0
31/03/12	£3,258	£3,264	£-6	£576	£4,933	£1,036	3.8	71	0
31/03/11	£3,185	£3,209	£-24	£548	£4,938	£1,036	3.9	62	0
31/03/10	£3,193	£3,284	£-91	£306	£4,962	£896	3.3	63	0
31/03/09	£3,253	£3,023	£230	£74	£5,053	£888	3.5	55	0
31/03/08	£2,966	£2,841	£125	£68	£4,823	£533	2.3	53	0
31/03/07	£2,683	£2,506	£177	£66	£4,698	£531	2.5	49	0
31/03/06	£2,308	£2,408	£-101	n/a	n/a	n/a	n/a	n/a	n/a
31/03/05	£2,257	£2,273	£-16	n/a	n/a	n/a	n/a	n/a	n/a
31/03/04	£2,137	£2,118	£19	n/a	n/a	n/a	n/a	n/a	n/a

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Financial Ratios

Fundraising Costs/Relevant Income: 4.6%
Fundraising Costs/Total Spending: 3.3%
Highest pay band: Less than £60,000
Liabilities/Assets: 10%
Liabilities/Income: 21%
Unrestricted Funds/Total Funds: 41%
Reserves/Spending: 8.3 months
Net Current Assets/Spending: 3 months
Quick Ratio: 1.7

Asset Split ?

Balance Sheet History

Established: 39 years

www.theatrebythelake.com

finance@theatrebythelake.com

01768772282

Charity Commission for England and Wales

Tweets

Listed activities

Arts/Culture/Heritage/Science
Education/Training

GiG Classification

Performing and visual arts

How it operates

Other charitable activities
Provides buildings/facilities/open space
Provides human resources
Provides services

Where it operates

Cumbria,

Who it helps

Children/Young People
The General Public/Mankind

Who supports them? ?

Donations from Grant Makers ?

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

Major supporters in last 5 years

DCMS	£1,716,373
Backstage Trust	£11,744
Cumbria Community Foundation	£1,000

Specific Donations

Amount	When Months	To be used for
Cumbria Community Foundation - Winter Warm Spot
£1,000	07/11/2022 4	Winter Warm Spot
Backstage Trust - Core grant
£11,744	27/09/2022	Funding of their Youth Theatre
DCMS - Culture Recovery Fund: Continuity Support
£135,000	27/10/2021	To support cultural organisations who have received funding from the Culture Recovery Fund: Grants programme, in the first or second rounds, and can clearly demonstrate the financial need for further funding in order to be able to operate on a ....more To support cultural organisations who have received funding from the Culture Recovery Fund: Grants programme, in the first or second rounds, and can clearly demonstrate the financial need for further funding in order to be able to operate on a viable and sustainable basis by 31 March 2022.
DCMS - NPO 2018-22
£615,182	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 us is valued and given the chance to flourish and ....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 - CTT Culture Recovery Fund application
£878,492	01/04/2020	To support Arts and Culture throughout England
DCMS - CTT Culture Recovery 2 Fund application
£87,699	01/04/2020	To support Arts and Culture throughout England

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (7)

Current Trustees appointed

Gender Split

Age Range of Trustees: 44-71

CATHERINE ANNA MCLAUGHLIN-FLYNN Appointed: 2018, Occupation: Accountant

CHARLES WILLIAM HUGH CARTER Appointed: 2018, Occupation: Management Consultant

ELIZABETH CHARLOTTE FREESTONE Appointed: 2021, Occupation: Theatre Maker And Consultant

FIONA CLAIRE LOWRY Appointed: 2021, Occupation: Company Director

JANAKI CHANDANA FRYER-SPEDDING Appointed: 2018, Occupation: Administrator/General Manager Of A Historic House

PHILIP JAMES MOORHOUSE Appointed: 2021, Occupation: Company Director

STEPHEN FREEMAN Appointed: 2019, Occupation: Executive Director / Ceo

Legal constitution

Charitable company registered in England & Wales on 16/09/1985, number: 516673
Registered at Companies House on 31/12/1984, number: 01874868

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
Paying staff
Risk management
Safeguarding policy and procedures
Safeguarding vulnerable beneficiaries
Trustee conflicts of interest policy and procedures
Trustee expenses policy and procedures
Volunteer management

Filing Record

20 returns made; all on time

Main office

THEATRE BY THE LAKE
LAKE ROAD
KESWICK
CA12 5DJ

Objectives

3 THE COMPANY IS ESTABLISHED:I) TO PROMOTE AND ADVANCE THE ARTS AND IN PARTICULAR THE PERFORMING ARTS FOR THE BENEFIT OF THE PUBLIC.II) TO PROMOTE AND ADVANCE EDUCATION THROUGH THE DEVELOPMENT AND DELIVERY OF CREATIVE LEARNING PROGRAMMES FOR PEOPLE OF ALL AGES.

Defined Area of Benefit:

NOT DEFINED - IN PRACTICE CUMBRIA

Data Sources

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