Finance Score: -2

Governance Score: 8

Support Score: 7

Low unrestricted reserves: -2

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

Overall weighted support: +7

Overall GiG Score: 13

WAKEFIELD THEATRE TRUST

Theatre owners & managers; cultural development agency focused primarily on the performing arts in Wakefield District but with extensive national touring throughout the UK.

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:

Why are there 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

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		£2,058	£2,251	£-193	£235	£2,143	£555	3	23	84
31/03/22		£1,749	£1,741	£8	£168	£2,239	£618	4.3	26	73
31/03/21		£1,190	£824	£366	£97	£2,168	£268	3.9	20	33
31/03/20		£2,143	£2,092	£52	£206	£1,801	£105	0.6	26	127
31/03/19		£2,093	£1,973	£120	£199	£1,704	£52	0.3	28	134
31/03/18		£2,407	£1,891	£517	£169	£1,533	£-11	-0.1	26	0
31/03/17		£2,107	£2,009	£98	£159	£965	£-74	-0.4	26	0
31/03/16		£1,657	£1,760	£-103	£180	£805	£-154	-1	26	0
31/03/15		£1,653	£1,711	£-58	£136	£504	£-44	-0.3	25	0
31/03/14	*	£1,770	£1,615	£155	£289	£548	£-47	-0.3	25	0
31/03/13	*	£1,435	£1,916	£-480	£299	£364	£-125	-0.8	22	0
31/03/12	*	£1,440	£1,411	£29	£244	£845	£-132	-1.1	35	0
31/03/11	*	£1,358	£1,316	£42	£272	£816	£-134	-1.2	24	0
31/03/10	*	£1,289	£1,291	£-2	£302	£773	£-180	-1.7	26	0
31/03/09	*	£1,218	£1,269	£-51	£305	£775	£-181	-1.7	23	0
31/03/08	*	£1,161	£1,209	£-48	£310	£826	£-143	-1.4	23	0
31/03/07		£1,115	£1,064	£51	£276	£874	£-123	-1.4	22	0
31/03/06		£1,389	£1,071	£317	n/a	n/a	n/a	n/a	n/a	n/a
31/03/05	*	£846	£831	£15	n/a	n/a	n/a	n/a	n/a	n/a
31/03/04	*	£768	£760	£9	n/a	n/a	n/a	n/a	n/a	n/a

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Financial Ratios

Fundraising Costs/Relevant Income: 14.3%
Fundraising Costs/Total Spending: 10.5%
Highest pay band: Less than £60,000
Liabilities/Assets: 28%
Liabilities/Income: 40%
Unrestricted Funds/Total Funds: 26%
Reserves/Spending: 3 months
Net Current Assets/Spending: 2 months
Quick Ratio: 1.1

Asset Split ?

Balance Sheet History

Established: 50 years

www.theatreroyalwakefield.co.uk

mail@theatreroyalwakefield.co.uk

01924334112

Charity Commission for England and Wales

Tweets

Listed activities

Arts/Culture/Heritage/Science
Economic/Community Development/Employment
Education/Training

GiG Classification

Performing and visual arts

How it operates

Other charitable activities
Provides buildings/facilities/open space

Where it operates

City Of Wakefield,

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	£584,500
Garfield Weston Foundation	£200,000
Power to Change	£25,000
Paul Hamlyn Foundation	£20,000

Specific Donations

Amount	When Months	To be used for
Crowdfunder - Local Action Fund
£1,241	24/10/2022	Covid response
Andrew Lloyd Webber Foundation - Grant to Theatre Royal Wakefield
£8,918	26/05/2022	Victorian Theatres Small Repairs Fund
Sir George Martin Trust - Grant to Theatre Royal Wakefield
£2,000	28/02/2022	Core costs for Older People's Welfare
Garfield Weston Foundation - WCF award - COVID19 response
£200,000	05/02/2021	Weston Culture Fund
Paul Hamlyn Foundation - COVID19 Emergency Funding
£20,000	02/07/2020 3	Support to aid the organisation in dealing with the challenges posed by COVID19.
Power to Change - C-19 TISS - Theatre Royal Wakefield
£25,000	01/07/2020	Grant to C-19 TISS - Theatre Royal Wakefield
Leeds Community Foundation - Matcham Heritage Project
£4,171	05/05/2020 16	Grant to Theatre Royal Wakefield
Leeds Community Foundation - Covid-19
£10,000	20/04/2020	Grant to Theatre Royal Wakefield
DCMS - Securing the future for Theatre Royal Wakefield
£475,000	01/04/2020	To support Arts and Culture throughout England
DCMS - CRFG2 - Securing the future of Theatre Royal Wakefield
£109,500	01/04/2020	To support Arts and Culture throughout England
National Lottery Heritage Fund - Grant to Wakefield Theatre Trust
£98,300	29/10/2019	Matcham Resilience Project
Youth Music - Music-Making for Theatre
£29,887	05/07/2019	Music-Making for Theatre
Leeds Community Foundation - Through their eyes
£3,775	03/12/2018 12	Grant to Theatre Royal Wakefield
Key Fund - Arts, heritage, sports and faith
£40,000	02/03/2018	All Groups
Power to Change - Theatre Royal Wakefield
£100,000	01/12/2016 36	Grant to Theatre Royal Wakefield
Key Fund - Arts, heritage, sports and faith
£100,000	30/08/2016	All Groups
Key Fund - Arts, heritage, sports and faith
£100,000	30/08/2016	All Groups
Andrew Lloyd Webber Foundation - Grant to Theatre Royal Wakefield
£4,000	22/07/2015	Theatre Royal Performance Academy

Show more rows

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (13)

Current Trustees appointed

Gender Split

Age Range of Trustees: 25-77

ABIGAIL ELLEN CATTLEY Appointed: 2023, Occupation: Fundraiser

BRANDON PAUL ROBINSON-CONNOLLY Appointed: 2021, Occupation: Actor / Creative

COUNCILLOR MICHAEL GRAHAM Appointed: 2023, Occupation: Councillor

DANIEL JOHN MCCORMACK Appointed: 2021, Occupation: Solicitor

DARREN JOHNSON Appointed: 2021, Occupation: Actor

JACQUIE SPEIGHT Appointed: 2015, Occupation: Metropolitan District Councillor

KATHRYN MORGAN Appointed: 2016, Occupation: Banker

NIGEL GORDON BROOK Appointed: 2021, Occupation: Retired Finance Director

PAUL EDWARD WAINWRIGHT Appointed: 2023, Occupation: Banker

PETER BOX Appointed: 2018, Occupation: Local Government Elected Member

THOMAS BOOTHMAN SEDDON Appointed: 2023, Occupation: Civil Servant

THOMAS FREETH Appointed: 2023, Occupation: Producer

VICTORIA ACKROYD Appointed: 2024, Occupation: Access Champion

Legal constitution

Charitable company registered in England & Wales on 18/09/1974, number: 503597
Registered at Companies House on 13/06/1974, number: 01173859

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
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; AR14: 1 days late, AR13: 28 days late, AR12: 1 days late, AR11: 4 days late, AR10: 16 days late, AR09: 380 days late, AR08: 447 days late, AR05: 22 days late, AR04: 72 days late,

Main office

Theatre Royal Wakefield
12 Drury Lane
WAKEFIELD
WF1 2TE

Objectives

TO PROMOTE FOSTER IMPROVE AND ADVANCE PUBLIC EDUCATION IN THE ARTS OF MUSIC SINGING DRAMA MIME AND DANCE AND THE ARTS CO-RELATED THEREWITH. (FOR FURTHER DETAILS SEE CLAUSE 3).

Defined Area of Benefit:

NOT DEFINED

Data Sources

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