Finance Score: -3

Governance Score: 8

Support Score: 7

Positive trading contribution: +2;Accounts filed more than 5 days late: -2 times
Strong growth: +2
Fundraising costs high: -5

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

Grant maker support: +7

Overall GiG Score: 12

TYNE THEATRE AND OPERA HOUSE PRESERVATION TRUST

To acquire, restore and preserve for the benefit of the public at large the Grade One Listed Building known as The Tyne Theatre and Opera House.

Analysis by Giving is Great

Positives:

The charity has received backing from several prominent grant makers recently
More than half of total income was derived from trading and fees in the latest year
There has been strong growth in spending over the last 5 years
There have been no material income shortfalls in recent years
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:

Accounts have been filed late on 2 occasions over the last 5 years and the current period appears to have been extended
Fundraising costs are extremely high relative to funds raised

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		£1,532	£1,238	£294	£270	£1,344	£1,311	12.7	89	80
31/03/22	*	£912	£762	£150	£69	£1,052	£1,052	16.6	75	50
31/03/21		£65	£157	£-91	n/a	n/a	n/a	n/a	n/a	10
31/03/20	*	£243	£91	£152	n/a	n/a	n/a	n/a	n/a	100
31/03/19		£151	£84	£67	n/a	n/a	n/a	n/a	n/a	100
31/03/18		£122	£109	£13	£0	£0	£0	n/a	0	0
31/03/17		£74	£110	£-36	£0	£0	£0	n/a	0	0
31/03/16		£58	£83	£-25	£0	£0	£0	n/a	0	0
31/03/15		£89	£61	£28	£0	£0	£0	n/a	0	0
31/03/14		£142	£130	£11	£0	£0	£0	n/a	0	0
31/03/13		£150	£117	£33	£0	£0	£0	n/a	0	0
31/03/12	*	£128	£97	£31	£0	£0	£0	n/a	0	0
31/03/11	*	£123	£113	£10	£0	£0	£0	n/a	0	0
31/03/10		£288	£248	£40	£0	£0	£0	n/a	0	0
31/03/09		£169	£148	£20	£0	£0	£0	n/a	0	0
31/03/08	*	£622	£36	£586	£2	£587	£587	198.2	0	0

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Financial Ratios

Fundraising Costs/Relevant Income: 140.9%
Fundraising Costs/Total Spending: 21.8%
Highest pay band: Less than £60,000
Liabilities/Assets: 20%
Liabilities/Income: 22%
Unrestricted Funds/Total Funds: 98%
Reserves/Spending: 12.7 months
Net Current Assets/Spending: 7 months
Quick Ratio: 2.5

Asset Split ?

Established: 17 years
(24 years as a company)

http://tynetheatreandoperahouse.uk/

MICHAEL.WILMOT@TYNETHEATREANDOPERAHOUSE.UK

0191 243 1171

Charity Commission for England and Wales

Listed activities

Arts/Culture/Heritage/Science
Education/Training
Environment/Conservation/Heritage

GiG Classification

Performing and visual arts

How it operates

Provides buildings/facilities/open space

Where it operates

Newcastle Upon Tyne City,

Who it helps

Children/Young People
Elderly/Old People
The General Public/Mankind

Who works here?

89 employees
80 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

National Lottery Heritage Fund	£242,215
Architectural Heritage Fund	£57,750
Community Foundation serving Tyne & Wear and Northumberland	£500
Wolfson Foundation	£0

Specific Donations

Amount	When Months	To be used for
Wolfson Foundation - Grant to Tyne Theatre & Opera House
£0	07/12/2022	Grant of £19,891 towards lighting replacement. Grant paid via Theatres Trust (22870)
Architectural Heritage Fund - Grant to Tyne Theatre & Opera House
£57,750	01/08/2022	Tyne Theatre & Opera House - Grand Salon
National Lottery Heritage Fund - Grant to Tyne Theatre and Opera House Preservation Trust
£242,215	24/05/2022	Tyne Theatre & Opera House - Historic Stage Machinery & Performance Calendar - Community Activities
Community Foundation serving Tyne & Wear and Northumberland - A grant to Tyne Theatre and Opera House Preservation Trust
£500	17/06/2021	The organisation's charitable purposes

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (13)

Current Trustees appointed

Gender Split

Age Range of Trustees: 31-79

CHLOE MARIA SQUIRES Appointed: 2024, Occupation: Director Of Customer Experience

REBECCA JAY GRAHAM Appointed: 2024, Occupation: Financial Crime Analyst

SONIA MARIA HERNANDEZ LAFFEY Appointed: 2023

ALAN PAUL BUTLAND Appointed: 2014, Occupation: Training Consultant

BARRY NEIL SPEKER OBE DL, Other trusteeships: Cultura Trust, NECA, THE CHILDRENS FOUNDATION LIMITED, NORTH EAST JEWISH COMMUNITY SERVICES,

IAN RICHARD HARRIS MBE FRICS, Other trusteeships: NETHERTON PARK TRUST, CITIZENS ADVICE NEWCASTLE, NETHERTON PARK TRUST,

JAMES LAMB Appointed: 2019, Occupation: Chartered Accountant

JAMES LLOYD Appointed: 2015, Occupation: Company Director

JOHN RICHARDSON Appointed: 2017, Occupation: Retired

MICHAEL JOHN WILMOT Appointed: 2015, Occupation: Finace Director

DR KATHLEEN FADDEN Appointed: 2024, Occupation: Lawyer, Other trusteeships: RIDING MILL VILLAGE HALL, TYNEDALE HOSPICE AT HOME, RIDING MILL VILLAGE HALL,

RAJINDER SINGH JP Appointed: 2024, Occupation: Retired, Other trusteeships: CITIZENS ADVICE SUNDERLAND, HYLTON CASTLE TRUST,

ROSALIND DOUGAL Appointed: 2017, Occupation: Chief Financial Officer, Other trusteeship: Summerhill Trust ltd,

Legal constitution

Charitable company registered in England & Wales on 03/09/2007, number: 1120746
Registered at Companies House on 09/11/1999, number: 03874271

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
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

16 returns made; AR22: 65 days late, AR20: 9 days late, AR12: 111 days late, AR11: 15 days late, AR08: 1 days late,

Main office

Tyne Theatre and Opera House
117 Westgate Road
NEWCASTLE UPON TYNE
NE1 4AG

Objectives

1 TO ACQUIRE, RESTORE AND PRESERVE FOR THE BENEFIT OF THE PUBLIC AT LARGE THE GRADE ONE LISTED BUILDING KNOWN AS THE TYNE THEATRE AND OPERA HOUSE;2 THE ADVANCEMENT OF PUBLIC EDUCATION IN ALL ASPECTS OF THE DRAMATIC ARTS BY THE PRESENTATION AND PRODUCTION OF PLAYS AND OTHER EXPRESSIONS OF DRAMA INCLUDING THE COMMISSIONING OF NEW WORKS AND THE MOUNTING OF PUBLIC PERFORMANCES AND THE MOUNTING OF CLASSES, EXHIBITIONS AND DEMONSTRATIONS OF DRAMATIC ARTS AND THEATRE TECHNOLOGY;3 THE ADVANCEMENT OF PUBLIC EDUCATION IN THEATRE TECHNOLOGY BY THE PRESERVATION, CONSERVATION AND EXHIBITION OF MACHINERY AND TECHNOLOGY OF THE PERFORMING ARTS AND THE INTERPRETATION OF SUCH ARTEFACTS AND THEIR HISTORICAL CONTEXT;4 THE ADVANCEMENT OF PUBLIC EDUCATION IN ALL ASPECTS OF THE ARTS INCLUDING MUSIC AND MUSIC THEATRE, DRAMA, DECORATIVE AND VISUAL ARTS, DANCE, BALLET, CIRCUS, MUSIC HALL AND COMEDY VARIETY PERFORMANCE.

Defined Area of Benefit:

UNDEFINED. IN PRACTICE NEWCASTLE UPON TYNE

Data Sources