Titchfield Festival Theatre Limited

Analysis

Titchfield Festival Theatre Limited is a registered charity in England and Wales, based in Southampton. It was registered in June 2012, 14 years ago. Its declared purposes cover arts/culture/heritage/science, which this site groups under arts, culture, heritage and science. Legally it is a charitable company (Companies House number 08066633). It says it makes grants to organisations, provides buildings/facilities/open space and provides services.

In the financial year ending June 2022, Titchfield Festival Theatre Limited reported income of £3.2m and spending of £3.0m, spending 94% of its income. Across the 2 years on record, from June 2021 to June 2022, income grew from £783k to £3.2m (+307%), an average of +307% a year. The sharpest change came in the year to June 2022, when income rose by 307%. Over the whole period it spent 93% of the income it received.

Among 17,634 England and Wales charities whose main cause is arts, culture, heritage and science and that reported income, Titchfield Festival Theatre Limited sits at the 98th percentile: it is larger than about 98% of them. Against every charity in England and Wales with reported income it ranks in the 97th percentile. Charities of a similar size with the same main cause include Museum of Modern Art Limited (£3.1m), Thames21 Limited (£3.2m) and The Royal Institution of Cornwall (£3.1m).

In its latest detailed accounts, income came from donations and legacies 15%, trading 8.7% and charitable activities 7.8%. Charitable activities took 32% of spending and raising funds 67%. Reserves of £239k would cover about 1 months of spending at that rate.

Data notes from the register: The regulator lists this charity as in double default: it has missed the deadline for its annual return or accounts in two or more successive years. The register marks this charity as being in administration.