Theatre Royal (Norwich) Trust Limited

Analysis

Theatre Royal (Norwich) Trust Limited is a registered charity in England and Wales, based in Norwich. It was registered in May 1971, 55 years ago. Its declared purposes cover education/training and arts/culture/heritage/science, which this site groups under arts, culture, heritage and science. Legally it is a charitable company (Companies House number 00997352). It says it provides services.

In the financial year ending March 2025, Theatre Royal (Norwich) Trust Limited reported income of £20.2m and spending of £20.2m, spending 100% of its income. Across the 5 years on record, from March 2021 to March 2025, income grew from £5.8m to £20.2m (+250%), an average of +37% a year. The sharpest change came in the year to March 2023, when income rose by 98%. Over the whole period it spent 103% 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, Theatre Royal (Norwich) Trust Limited sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in England and Wales with reported income it ranks in the 99th percentile. Charities of a similar size with the same main cause include The Landmark Trust (£20.0m), Chichester Festival Theatre (£20.2m) and Screenskills Limited (£20.0m).

In its latest detailed accounts, income came from charitable activities 77%, trading 18%, donations and legacies 3.6% and investments 1.0%. Gifts in wills alone brought in £611k. Charitable activities took 85% of spending and raising funds 15%. Reserves of £1.6m would cover about 1 months of spending at that rate. It employed 262 people.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.