Finance Score: 0

Governance Score: 9

Support Score: 11

Poor Liquidity: -1
Accounts filed more than 5 days late: -2 times
Strong growth: +2
Multiple Deficits: -2
Fundraising costs low: +3

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

Grant maker support: +11

Overall GiG Score: 20

THE NATIONAL THEATRE OF WALES

To promote and assist in the advancement of the education of the public so far as this shall be charitable and in particular to procure the performance of an increase in the understanding of the dramatic arts in all their forms in Wales and elsewhere primarily through the English language.

Analysis by Giving is Great

Positives:

There has been strong growth in spending over the last 5 years
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

Regulatory & Governance issues to consider:

One or more trustees receive payments or benefits from the charity for providing services to the charity
Over half the Board have joined recently

Financial issues to consider:

Liquidity appears to have been slender at the latest year end
Accounts have been filed late on 2 occasions over the last 5 years and the current period appears to have been extended
On several occasions in recent years income has been less than spending

Established: 15 years

nationaltheatrewales.org

admin@nationaltheatrewales.org

02920353070

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
31/03/23	*	£4,912	£6,638	£-1,726	£7	£719	£616	1.1	42
31/03/22		£5,216	£3,693	£1,523	£1	£2,445	£820	2.7	33
31/03/21		£2,045	£1,678	£367	£1	£923	£806	5.8	23
31/03/20		£2,306	£2,624	£-318	£20	£556	£438	2	32
31/03/19	*	£2,153	£2,273	£-119	£11	£874	£761	4	30
31/03/18		£1,993	£1,580	£413	£10	£993	£913	6.9	23
31/03/17		£3,337	£3,139	£198	£13	£580	£564	2.2	24
31/03/16		£2,331	£2,535	£-204	£0	£382	£332	1.6	27
31/03/15		£2,758	£2,379	£379	£16	£586	£480	2.4	18
31/03/14		£2,175	£2,179	£-4	£10	£207	£137	0.8	15
31/03/13	*	£2,509	£2,585	£-75	£13	£212	£130	0.6	15
31/03/12		£2,039	£1,970	£70	£13	£287	£162	1	12
31/03/11	*	£1,519	£1,920	£-401	£25	£217	£188	1.2	12
31/03/10	*	£1,292	£1,074	£218	£20	£618	£618	6.9	8

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Financial Ratios

Fundraising Costs/Relevant Income: 0.1%
Fundraising Costs/Total Spending: 0.1%
Senior Staff Costs/Total Spending: 3%
Highest pay band: £80,000-£90,000
Liabilities/Assets: 29%
Liabilities/Income: 6%
Unrestricted Funds/Total Funds: 86%
Reserves/Spending: 1.1 months
Net Current Assets/Spending: 1 months
Quick Ratio: 1.2

Asset Split ?

Listed activities

Arts/Culture/Heritage/Science
Education/Training

How it operates

Other charitable activities

Where it operates

Throughout Wales,

Who it helps

The General Public/Mankind

Who works here?

42 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

Esmee Fairbairn	£196,992
John Ellerman Foundation	£120,000
Paul Hamlyn Foundation	£65,000

Specific Donations

Amount	When Months	To be used for
Esmee Fairbairn - Grant to The National Theatre Of Wales
£10,000	20/02/2023	Towards unrestricted core costs as a Cost of Living Uplift
Esmee Fairbairn - Grant to The National Theatre Of Wales
£100,000	19/01/2022 24	Towards core costs for NTW's Creative Development work aiming for fundamental change in the diversification, creative ambition and innovation of the theatre sector in Wales.
John Ellerman Foundation - Commissioning costs, Freelance Fees, Project Administration
£120,000	25/11/2021 36	Commissioning costs, Freelance Fees, Project Administration
Esmee Fairbairn - Grant to The National Theatre Of Wales
£40,000	23/06/2021	Towards core costs from the Reinvent Performing Arts Fund
Paul Hamlyn Foundation - Covid-19 Emergency Funding: National Theatre Wales TEAM programmes
£65,000	24/03/2021 12	National Theatre Wales (NTW) is the UK's youngest national theatre and the English-speaking national theatre of Wales. This grant supports NTW’s TEAM programmes in Pembrokeshire and Wrexham in ....more National Theatre Wales (NTW) is the UK's youngest national theatre and the English-speaking national theatre of Wales. This grant supports NTW’s TEAM programmes in Pembrokeshire and Wrexham in which productions are co-created with communities to create place-specific works.
Esmee Fairbairn - Grant to National Theatre Wales
£46,992	12/05/2020 6	towards unrestricted core costs as a COVID-19 Fast Response grant
Andrew Lloyd Webber Foundation - Grant to National Theatre Wales
£18,100	27/03/2018 36	Emerging Directors Project
National Lottery Community Fund - Improving access to the arts in Wales
£9,260	06/03/2018 12	Improving access to the arts in Wales
Paul Hamlyn Foundation - National Theatre Wales TEAM
£400,000	25/09/2017 48	In the next phase of National Theatre Wales’ engagement model – TEAM will use their expertise to engage communities in Wrexham and Pembrokeshire through a bespoke programme of empowerment, ....more In the next phase of National Theatre Wales’ engagement model – TEAM will use their expertise to engage communities in Wrexham and Pembrokeshire through a bespoke programme of empowerment, leadership, creative activism and peer learning.
Esmee Fairbairn - Grant to National Theatre Wales
£284,223	30/06/2016 36	Towards the company's development programmes for artists working across Wales.
Esmee Fairbairn - Grant to National Theatre Wales
£483,115	30/09/2010 60	Towards Project costs Towards a programme of development for emerging theatre artists and companies.

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Data sourced from Donors via 360 Giving

How is it governed?

Trustees (9)

Current Trustees appointed

Gender Split

Based on 8/9 persons

Age Range of Trustees: 24-67

ANNA ARRIETA Appointed: 2021, Occupation: Musician, Other trusteeship: Swansea MAD,

JOANNE LILFORD Appointed: 2022, Occupation: Brand Consultant

MIGUELA GONZALEZ Appointed: 2021, Occupation: Head Of Diversity & Inclusion, Abcam Plc, Other trusteeship: WELSH HOUSING AID LIMITED,

ROBERT EDGE Appointed: 2022, Occupation: Accountant, Other trusteeship: THE MERVYN BURTCH TRUST,

SHARON GILBURD Appointed: 2022, Occupation: Management Consultant

SIMON STEPHENS Appointed: 2022, Occupation: Head Of Network(Wales), Mind Cymru

STEPHEN DIMMICK Appointed: 2023, Occupation: Commercial Director, Other trusteeship: LLENYDDIAETH CYMRU - LITERATURE WALES,

TAFSILA KHAN Appointed: 2022, Occupation: Freelance Access Consultant, Other trusteeship: CYNGOR CELFYDDYDAU CYMRU,

YVONNE CONNIKIE (Chair) Appointed: 2023, Occupation: Film Producer

Legal constitution

Charitable company registered in England & Wales on 09/02/2009, number: 1127952
Registered at Companies House on 09/09/2008, number: 06693227

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Bullying and harassment policy and procedures
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
Serious incident reporting policy and procedures
Trustee conflicts of interest policy and procedures
Trustee expenses policy and procedures

Filing Record

14 returns made; AR23: 56 days late, AR19: 20 days late, AR13: 2 days late, AR11: 33 days late, AR10: 66 days late,

Main office

Tramshed Tech
Unit D
Pendyris St
Cardiff

Objectives

TO PROMOTE AND ASSIST IN THE ADVANCEMENT OF THE EDUCATION OF THE PUBLIC SO FAR AS THIS SHALL BE CHARITABLE AND, IN PARTICULAR, TO PROCURE THE PERFORMANCE OF AN INCREASE THE UNDERSTANDING OF THE DRAMATIC ARTS IN ALL THEIR FORMS, IN WALES AND ELSEWHERE PRIMARILY THROUGH THE MEDIUM OF THE ENGLISH LANGUAGE.

Defined Area of Benefit:

UNDEFINED. IN PRACTICE WALES

Data Sources