The New Theatre Royal-Trustees (Portsmouth) Limited

Analysis

The New Theatre Royal-Trustees (Portsmouth) Limited is a registered charity in England and Wales, based in Portsmouth. It was registered in October 1976, 50 years ago. Its declared purposes cover education/training, arts/culture/heritage/science, economic/community development/employment and recreation, which this site groups under arts, culture, heritage and science. Legally it is a charitable company (Companies House number 01266053). It says it provides human resources, provides buildings/facilities/open space and provides services.

In the financial year ending March 2025, The New Theatre Royal-Trustees (Portsmouth) Limited reported income of £1.4m and spending of £1.5m, spending 111% of what it took in. Across the 5 years on record, from March 2021 to March 2025, income grew from £222k to £1.4m (+517%), an average of +58% a year. The sharpest change came in the year to March 2022, when income rose by 188%. Over the whole period it spent 102% 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, The New Theatre Royal-Trustees (Portsmouth) Limited sits at the 96th percentile: it is larger than about 96% of them. Against every charity in England and Wales with reported income it ranks in the 95th percentile. Charities of a similar size with the same main cause include New Diorama (£1.4m), The English Concert (£1.4m) and Audioactive (£1.4m).

In its latest detailed accounts, income came from charitable activities 88%, donations and legacies 9.7% and investments 1.7%. Charitable activities took 99% of spending and raising funds 0.0%. Reserves of £150k would cover about 1 months of spending at that rate. It employed 40 people.