Theatre Royal (Plymouth) Limited

Analysis

Theatre Royal (Plymouth) Limited is a registered charity in England and Wales, based in Plymouth. It was registered in March 1982, 44 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 01560651). It says it other charitable activities.

In the financial year ending March 2025, Theatre Royal (Plymouth) Limited reported income of £23.4m and spending of £22.0m, spending 94% of its income. Across the 5 years on record, from March 2021 to March 2025, income grew from £7.9m to £23.4m (+198%), an average of +31% a year. The sharpest change came in the year to March 2023, when income rose by 61%. Over the whole period it spent 101% 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 (Plymouth) 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 100th percentile. Charities of a similar size with the same main cause include National Library of Wales (£22.3m), Manchester International Festival (£24.2m) and Beamish Museum (£21.6m).

In its latest detailed accounts, income came from charitable activities 83%, donations and legacies 10% and trading 5.8%. Charitable activities took 95% of spending and raising funds 5.2%. Reserves of £5.1m would cover about 3 months of spending at that rate. It employed 166 people.