REGENT'S PARK THEATRE LIMITED

Charity number: 231670
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

The principal activity of the charity is presenting summer seasons of plays and the provision of bar and catering facilities at Regent's Park Open Air Theatre, together with producing plays elsewhere in the UK.

Income and expenditure

Data for financial year ending 31 December 2023

Total income:
£6,525,617

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Donations and legacies £192.51k
Charitable activities £5.23m
Other trading activities £1.07m
Investments £34.99k
Other £0

Total expenditure:
£7,436,344

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Raising funds £1.05m
Charitable activities £6.39m
Other £0

£0 investments gains (losses)

Total income includes £44,000 from 1 government grant(s)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

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Raising funds and other expenditure £1.05m
Charitable expenditure £6.39m

People

103 Employee(s)

10 Trustee(s)

Employees with total benefits over £60,000

Number of employees
£70k to £80k 1
£80k to £90k 1
£90k to £100k 1
£110k to £120k 1

Fundraising

No information available

Trading

One or more trustees are also directors of the subsidiaries

Trustee payments

One or more trustees receive payments or benefits from the charity for providing services to the charity.

What, who, how, where

What the charity does:
  • Arts/culture/heritage/science
Who the charity helps:
  • Children/young People
  • The General Public/mankind
How the charity helps:
  • Provides Services
Where the charity operates:
  • Throughout England And Wales

Governance

Registration history:
  • 13 January 1964: Standard registration
Organisation type:
Charitable company
Other names:
  • NSC (Working name)
  • THE OPEN AIR THEATRE REGENT'S PARK (Working name)
  • THE NEW SHAKESPEARE COMPANY LIMITED (Previous name)
Company number:
00759557 Open in new window
Gift aid:
Recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • 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
  • Investment
  • 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
Land and property:
This charity owns and/or leases land or property

Trustees

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service

10 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
STUART MARK GRIFFITHS Chair 12 September 2016
ONE FROM THE HEART
Received: 101 days late
Kate Millward Trustee 03 October 2022
WORKING CHANCE LTD
Received: On time
Philippa Helen Boudica Simpson Trustee 03 October 2022
None on record
Charlotte Aherne Trustee 03 October 2022
None on record
Jaya Carrier Trustee 03 October 2022
None on record
Partha Bose Trustee 03 October 2022
None on record
Anna Katrin Fleischle-Marriott Trustee 28 January 2019
None on record
Steve Pennington Trustee 11 September 2018
THE TRUANTS FOUNDATION
Received: 1 day late
TONI ROCHELLE RACKLIN Trustee 11 September 2017
None on record
Samantha Spiro Trustee 12 September 2016
THE ROYAL THEATRICAL FUND
Received: On time

Financial history

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Financial period end date

Income / Expenditure 31/12/2019 31/12/2020 31/12/2021 31/12/2022 31/12/2023
Total gross income £8.80m £1.85m £5.22m £7.96m £6.53m
Total expenditure £8.41m £3.29m £4.77m £6.84m £7.44m
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants N/A £149.83k £1.01m £644.76k £44.00k
Income - Donations and legacies £172.01k £210.29k £1.12m £799.61k £192.51k
Income - Other trading activities £1.08m £131.77k £638.07k £1.06m £1.07m
Income - Charitable activities £7.53m £1.50m £3.46m £6.09m £5.23m
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £10.44k £7.83k £4.09k £9.06k £34.99k
Income - Other £0 £0 £0 £0 £0
Income - Legacies £22.24k £0 £0 £0 £0
Expenditure - Charitable activities £7.38m £3.05m £4.16m £5.76m £6.39m
Expenditure - Raising funds £1.03m £241.07k £611.65k £1.08m £1.05m
Expenditure - Governance £76.31k £72.63k £81.37k £92.97k £114.99k
Expenditure - Grants institution £0 £0 £0 £0 £0
Expenditure - Investment management £0 £0 £0 £0 £0
Expenditure - Other £0 £0 £0 £0 £0

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

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Asset / Liability 31/12/2019 31/12/2020 31/12/2021 31/12/2022 31/12/2023
Own use assets £220.54k £5.27m £4.90m £4.95m £5.29m
Long-term investments £0 £0 £0 £0 £0
Other assets £5.18m £4.25m £4.58m £5.67m £3.94m
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £1.05m £1.25m £754.03k £778.90k £301.54k

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 31 December 2023 17 July 2024 On Time
Accounts and TAR 31 December 2023 17 July 2024 On Time Download Open in new window
Annual return 31 December 2022 05 July 2023 On Time
Accounts and TAR 31 December 2022 05 July 2023 On Time Download Open in new window
Annual return 31 December 2021 06 July 2022 On Time
Accounts and TAR 31 December 2021 06 July 2022 On Time Download Open in new window
Annual return 31 December 2020 07 May 2021 On Time
Accounts and TAR 31 December 2020 07 May 2021 On Time Download Open in new window
Annual return 31 December 2019 23 September 2020 On Time
Accounts and TAR 31 December 2019 03 November 2020 3 days late Download Open in new window
Submit annual return Open in new window

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

MEMORANDUM AND ARTICLES OF ASSOCIATION INC 1 MAY 1963 AS AMENDED BY SPECIAL RESOLUTION OF 16 AUG 1963, 2 FEB 2006, 27 APRIL 2006, 3 FEB 2009 AND BY WRITTEN RESOLUTION DATED 10 MAY 2010 AND BY CERTIFICATE OF INC ON CHANGE OF NAME DATED 27 JAN 2010 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 02/10/2015

Charitable objects

THE PROMOTION OF ARTS AND CULTURE PRIMARILY IN THE THEATRICAL ARTS BUT INCLUDING ANY OTHER MEDIA, AND THE PROMOTION OF ANY OTHER PURPOSE THAT IS EXCLUSIVELY CHARITABLE PURSUANT TO THE LAW OF ENGLAND AND WALES FROM TIME TO TIME.

Area of benefit

The area the charity can operate in, as set out in its governing document.

NATIONAL

Contact information

Address:
STAGE DOOR GATE
OPEN AIR THEATRE
INNER CIRCLE
REGENT'S PARK
LONDON
NW1 4NU
Phone:
03334003561
Email:
admin@openairtheatre.com
Website:

www.openairtheatre.com Open in new window