CCEW Charity Commission profile

SADLER'S WELLS TRUST LIMITED

Registered charity 279884 · organisation 279884

01 Identity

Registration and reporting

Registration status
Registered
Reporting status
Submission Received
Charity type
Charitable company
Registered
30 April 1980
Removed
Not supplied
Company number supplied
01488786
Financial period
1 April 2024 – 31 March 2025
Latest income
£43,305,760
Latest expenditure
£37,849,564
Gift Aid
Yes
Owns or uses land
Yes
In administration
No
Insolvent
No
CIO
No

Public contact address: SADLERS WELLS THEATRE, ROSEBERY AVENUE, LONDON, EC1R 4TN

Website recorded by the regulator: www.sadlerswells.com (displayed as text)

02 Activities

What the charity does

The object for which the charity is established is to advance education particularly by encouraging the understanding and appreciation of the dramatic arts.

03 Official extract

Charity Annual Return History

Fin Period Start Date
1 April 2024
Fin Period End Date
31 March 2025
Ar Cycle Reference
AR25
Reporting Due Date
31 January 2026
Date Annual Return Received
30 January 2026
Date Accounts Received
30 January 2026
Total Gross Income
£43,305,760
Total Gross Expenditure
£37,849,564
Fin Period Start Date
1 April 2023
Fin Period End Date
31 March 2024
Ar Cycle Reference
AR24
Reporting Due Date
31 January 2025
Date Annual Return Received
28 January 2025
Date Accounts Received
28 January 2025
Total Gross Income
£41,757,221
Total Gross Expenditure
£40,198,645
Fin Period Start Date
1 April 2022
Fin Period End Date
31 March 2023
Ar Cycle Reference
AR23
Reporting Due Date
31 January 2024
Date Annual Return Received
29 January 2024
Date Accounts Received
29 January 2024
Total Gross Income
£31,133,687
Total Gross Expenditure
£30,793,752
Fin Period Start Date
1 April 2021
Fin Period End Date
31 March 2022
Ar Cycle Reference
AR22
Reporting Due Date
31 January 2023
Date Annual Return Received
26 January 2023
Date Accounts Received
26 January 2023
Total Gross Income
£22,696,000
Total Gross Expenditure
£25,292,000
Fin Period Start Date
1 April 2020
Fin Period End Date
31 March 2021
Ar Cycle Reference
AR21
Reporting Due Date
31 January 2022
Date Annual Return Received
31 January 2022
Date Accounts Received
31 January 2022
Total Gross Income
£15,550,000
Total Gross Expenditure
£13,003,000

04 Official extract

Charity Annual Return Parta

Latest Fin Period Submitted Ind
Yes
Fin Period Order Number
1
Ar Cycle Reference
AR25
Fin Period Start Date
1 April 2024
Fin Period End Date
31 March 2025
Ar Due Date
31 January 2026
Ar Received Date
30 January 2026
Total Gross Income
£43,305,760
Total Gross Expenditure
£37,849,564
Grant Making Is Main Activity
No
Count Govt Contracts
1
Count Govt Grants
£7
Income From Government Contracts
26900
Income From Government Grants
£5,744,939
Charity Has Trading Subsidiary
Yes
Trustee Also Director Of Subsidiary
Yes
Does Trustee Receive Any Benefit
No
Trustee Payments Acting As Trustee
No
Trustee Receives Payments Services
No
Trustee Receives Other Benefit
No
Trustee Resigned Employment
No
Employees Salary Over 60k
Yes
Count Salary Band 60001 70000
3
Count Salary Band 70001 80000
7
Count Salary Band 80001 90000
1
Count Salary Band 90001 100000
2
Count Salary Band 110001 120000
1
Count Salary Band 150001 200000
1
Count Salary Band 200001 250000
1
Count Volunteers
0
Latest Fin Period Submitted Ind
No
Fin Period Order Number
2
Ar Cycle Reference
AR24
Fin Period Start Date
1 April 2023
Fin Period End Date
31 March 2024
Ar Due Date
31 January 2025
Ar Received Date
28 January 2025
Total Gross Income
£41,757,221
Total Gross Expenditure
£40,198,645
Grant Making Is Main Activity
No
Count Govt Contracts
0
Count Govt Grants
£9
Income From Government Grants
£4,625,329
Charity Has Trading Subsidiary
Yes
Trustee Also Director Of Subsidiary
Yes
Does Trustee Receive Any Benefit
No
Trustee Payments Acting As Trustee
No
Trustee Receives Payments Services
No
Trustee Receives Other Benefit
No
Trustee Resigned Employment
No
Employees Salary Over 60k
Yes
Count Salary Band 60001 70000
7
Count Salary Band 70001 80000
3
Count Salary Band 90001 100000
2
Count Salary Band 100001 110000
1
Count Salary Band 150001 200000
1
Count Salary Band 200001 250000
1
Count Volunteers
8
Latest Fin Period Submitted Ind
No
Fin Period Order Number
3
Ar Cycle Reference
AR23
Fin Period Start Date
1 April 2022
Fin Period End Date
31 March 2023
Ar Due Date
31 January 2024
Ar Received Date
29 January 2024
Total Gross Income
£31,133,687
Total Gross Expenditure
£30,793,752
Grant Making Is Main Activity
No
Count Govt Contracts
0
Count Govt Grants
£5
Income From Government Grants
£4,237,702
Charity Has Trading Subsidiary
Yes
Trustee Also Director Of Subsidiary
Yes
Does Trustee Receive Any Benefit
No
Trustee Payments Acting As Trustee
No
Trustee Receives Payments Services
No
Trustee Receives Other Benefit
No
Trustee Resigned Employment
No
Employees Salary Over 60k
Yes
Count Salary Band 60001 70000
8
Count Salary Band 80001 90000
2
Count Salary Band 100001 110000
1
Count Salary Band 140001 150000
1
Count Salary Band 150001 200000
1
Count Volunteers
0
Latest Fin Period Submitted Ind
No
Fin Period Order Number
4
Ar Cycle Reference
AR22
Fin Period Start Date
1 April 2021
Fin Period End Date
31 March 2022
Ar Due Date
31 January 2023
Ar Received Date
26 January 2023
Total Gross Income
£22,696,000
Total Gross Expenditure
£25,292,000
Charity Raises Funds From Public
Yes
Charity Professional Fundraiser
No
Charity Commercial Participator
No
Charity Receives Govt Funding Contracts
No
Charity Receives Govt Funding Grants
Yes
Count Govt Grants
£4
Income From Government Grants
£3,353,000
Charity Has Trading Subsidiary
Yes
Trustee Also Director Of Subsidiary
Yes
Does Trustee Receive Any Benefit
No
Trustee Resigned Employment
No
Employees Salary Over 60k
Yes
Count Salary Band 60001 70000
6
Count Salary Band 80001 90000
1
Count Salary Band 90001 100000
1
Count Salary Band 140001 150000
1
Count Salary Band 150001 200000
1
Count Volunteers
0
Latest Fin Period Submitted Ind
No
Fin Period Order Number
5
Ar Cycle Reference
AR21
Fin Period Start Date
1 April 2020
Fin Period End Date
31 March 2021
Ar Due Date
31 January 2022
Ar Received Date
31 January 2022
Total Gross Income
£15,550,000
Total Gross Expenditure
£13,003,000
Charity Raises Funds From Public
Yes
Charity Professional Fundraiser
No
Charity Commercial Participator
No
Charity Receives Govt Funding Contracts
No
Charity Receives Govt Funding Grants
Yes
Count Govt Grants
£5
Income From Government Grants
£11,276,000
Charity Has Trading Subsidiary
Yes
Trustee Also Director Of Subsidiary
Yes
Does Trustee Receive Any Benefit
No
Trustee Resigned Employment
No
Employees Salary Over 60k
Yes
Count Salary Band 60001 70000
3
Count Salary Band 70001 80000
1
Count Salary Band 110001 120000
1
Count Salary Band 130001 140000
1
Count Volunteers
0

05 Official extract

Charity Annual Return Partb

Latest Fin Period Submitted Ind
Yes
Fin Period Order Number
1
Ar Cycle Reference
AR25
Fin Period Start Date
1 April 2024
Fin Period End Date
31 March 2025
Ar Due Date
31 January 2026
Ar Received Date
30 January 2026
Income Donations And Legacies
14368964
Income Other Trading Activities
3861451
Income Charitable Activities
23109913
Income Investments
1078940
Income Other
886492
Income Total Income And Endowments
43305760
Income Legacies
0
Income Endowments
0
Expenditure Raising Funds
£4,636,997
Expenditure Charitable Expenditure
£33,212,567
Expenditure Other
0
Expenditure Total
37849564
Expenditure Investment Management
0
Expenditure Grants Institution
0
Expenditure Governance
66152
Expenditure Support Costs
3730655
Expenditure Depreciation
15882
Gain Loss Investment
-25837
Gain Loss Pension Fund
0
Gain Loss Revaluation Fixed Investment
0
Gain Loss Other
792940
Reserves
£3,500,000
Assets Total Fixed
1580501
Assets Own Use
41338
Assets Long Term Investment
1539163
Defined Benefit Pension Scheme
0
Assets Other Assets
£30,143,306
Assets Total Liabilities
£18,632,853
Assets Current Investment
0
Assets Total Assets And Liabilities
£13,090,954
Creditors One Year Total Current
14529732
Creditors Falling Due After One Year
4103121
Assets Cash
£23,619,660
Funds Endowment
0
Funds Unrestricted
7308638
Funds Restricted
5782316
Funds Total
13090954
Count Employees
384
Consolidated Accounts
Yes
Latest Fin Period Submitted Ind
No
Fin Period Order Number
2
Ar Cycle Reference
AR24
Fin Period Start Date
1 April 2023
Fin Period End Date
31 March 2024
Ar Due Date
31 January 2025
Ar Received Date
28 January 2025
Income Donations And Legacies
8315099
Income Other Trading Activities
3332080
Income Charitable Activities
28602971
Income Investments
571824
Income Other
935247
Income Total Income And Endowments
41757221
Income Legacies
0
Income Endowments
0
Expenditure Raising Funds
£3,719,349
Expenditure Charitable Expenditure
£36,479,296
Expenditure Other
0
Expenditure Total
40198645
Expenditure Investment Management
0
Expenditure Grants Institution
0
Expenditure Governance
42945
Expenditure Support Costs
4377016
Expenditure Depreciation
15790
Gain Loss Investment
-85000
Gain Loss Pension Fund
0
Gain Loss Revaluation Fixed Investment
0
Gain Loss Other
741817
Reserves
£3,714,800
Assets Total Fixed
1622219
Assets Own Use
57219
Assets Long Term Investment
1565000
Defined Benefit Pension Scheme
0
Assets Other Assets
£22,000,751
Assets Total Liabilities
£16,753,711
Assets Current Investment
1500000
Assets Total Assets And Liabilities
£6,869,259
Creditors One Year Total Current
12385711
Creditors Falling Due After One Year
4368000
Assets Cash
£14,275,769
Funds Endowment
0
Funds Unrestricted
5168804
Funds Restricted
1700455
Funds Total
6869259
Count Employees
325
Consolidated Accounts
Yes
Latest Fin Period Submitted Ind
No
Fin Period Order Number
3
Ar Cycle Reference
AR23
Fin Period Start Date
1 April 2022
Fin Period End Date
31 March 2023
Ar Due Date
31 January 2024
Ar Received Date
29 January 2024
Income Donations And Legacies
8018229
Income Other Trading Activities
2927909
Income Charitable Activities
19526841
Income Investments
0
Income Other
660708
Income Total Income And Endowments
31133687
Income Legacies
0
Income Endowments
0
Expenditure Raising Funds
£3,031,665
Expenditure Charitable Expenditure
£27,762,087
Expenditure Other
0
Expenditure Total
30793752
Expenditure Investment Management
0
Expenditure Grants Institution
0
Expenditure Governance
69978
Expenditure Support Costs
2527477
Expenditure Depreciation
12588
Gain Loss Investment
0
Gain Loss Pension Fund
0
Gain Loss Revaluation Fixed Investment
0
Gain Loss Other
198980
Reserves
£1,148,731
Assets Total Fixed
1705258
Assets Own Use
55258
Assets Long Term Investment
1650000
Defined Benefit Pension Scheme
0
Assets Other Assets
£16,391,806
Assets Total Liabilities
£13,443,548
Assets Current Investment
0
Assets Total Assets And Liabilities
£4,653,516
Creditors One Year Total Current
9023548
Creditors Falling Due After One Year
4420000
Assets Cash
£13,168,013
Funds Endowment
0
Funds Unrestricted
2652843
Funds Restricted
2000673
Funds Total
4653516
Count Employees
304
Consolidated Accounts
Yes
Latest Fin Period Submitted Ind
No
Fin Period Order Number
4
Ar Cycle Reference
AR22
Fin Period Start Date
1 April 2021
Fin Period End Date
31 March 2022
Ar Due Date
31 January 2023
Ar Received Date
26 January 2023
Income Donations And Legacies
4948000
Income Other Trading Activities
1805000
Income Charitable Activities
15083000
Income Investments
0
Income Other
860000
Income Total Income And Endowments
22696000
Income Legacies
601
Income Endowments
0
Expenditure Raising Funds
£2,380,000
Expenditure Charitable Expenditure
£22,912,000
Expenditure Other
0
Expenditure Total
25292000
Expenditure Investment Management
0
Expenditure Grants Institution
0
Expenditure Governance
0
Expenditure Support Costs
3264000
Expenditure Depreciation
12000
Gain Loss Investment
0
Gain Loss Pension Fund
0
Gain Loss Revaluation Fixed Investment
0
Gain Loss Other
394000
Reserves
£2,536,000
Assets Total Fixed
1717000
Assets Own Use
67000
Assets Long Term Investment
1650000
Defined Benefit Pension Scheme
0
Assets Other Assets
£14,572,000
Assets Total Liabilities
£12,175,000
Assets Current Investment
0
Assets Total Assets And Liabilities
£4,114,000
Creditors One Year Total Current
7840000
Creditors Falling Due After One Year
4335000
Assets Cash
£12,343,000
Funds Endowment
0
Funds Unrestricted
2536000
Funds Restricted
1578000
Funds Total
4114000
Count Employees
205
Consolidated Accounts
Yes
Latest Fin Period Submitted Ind
No
Fin Period Order Number
5
Ar Cycle Reference
AR21
Fin Period Start Date
1 April 2020
Fin Period End Date
31 March 2021
Ar Due Date
31 January 2022
Ar Received Date
31 January 2022
Income Donations And Legacies
14439000
Income Other Trading Activities
218000
Income Charitable Activities
770000
Income Investments
0
Income Other
123000
Income Total Income And Endowments
15550000
Income Legacies
81
Income Endowments
0
Expenditure Raising Funds
£1,347,000
Expenditure Charitable Expenditure
£11,656,000
Expenditure Other
0
Expenditure Total
13003000
Expenditure Investment Management
0
Expenditure Grants Institution
0
Expenditure Governance
38000
Expenditure Support Costs
1637000
Expenditure Depreciation
6000
Gain Loss Investment
79000
Gain Loss Pension Fund
0
Gain Loss Revaluation Fixed Investment
0
Gain Loss Other
912000
Reserves
£3,757,000
Assets Total Fixed
1772000
Assets Own Use
122000
Assets Long Term Investment
1650000
Defined Benefit Pension Scheme
0
Assets Other Assets
£13,337,000
Assets Total Liabilities
£8,793,000
Assets Current Investment
0
Assets Total Assets And Liabilities
£6,316,000
Creditors One Year Total Current
4543000
Creditors Falling Due After One Year
4250000
Assets Cash
£11,745,000
Funds Endowment
0
Funds Unrestricted
3757000
Funds Restricted
2559000
Funds Total
6316000
Count Employees
229
Consolidated Accounts
Yes

06 Official extract

Charity Area Of Operation

Geographic Area Type
Local Authority
Geographic Area Description
Islington
Parent Geographic Area Type
Metropolitan Counties
Parent Geographic Area Description
Greater London
Welsh Ind
No
Geographic Area Type
Local Authority
Geographic Area Description
City Of Westminster
Parent Geographic Area Type
Metropolitan Counties
Parent Geographic Area Description
Greater London
Welsh Ind
No

07 Official extract

Charity Classification

Classification Code
203
Classification Type
Who
Classification Description
People With Disabilities
Classification Code
204
Classification Type
Who
Classification Description
People Of A Particular Ethnic Or Racial Origin
Classification Code
201
Classification Type
Who
Classification Description
Children/young People
Classification Code
109
Classification Type
What
Classification Description
Arts/culture/heritage/science
Classification Code
202
Classification Type
Who
Classification Description
Elderly/old People
Classification Code
207
Classification Type
Who
Classification Description
The General Public/mankind
Classification Code
306
Classification Type
How
Classification Description
Provides Services
Classification Code
102
Classification Type
What
Classification Description
Education/training

08 Official extract

Charity Event History

Charity Name
SADLER'S WELLS TRUST LIMITED
Charity Event Order
1
Event Type
Standard registration
Date Of Event
1980-04-30T00:00:00

09 Official extract

Charity Governing Document

Governing Document Description
MEMORANDUM AND ARTICLES OF ASSOCIATION INCORPORATED 1 APRIL 1980 AS AMENDED BY SPECIAL RESOLUTIONS DATED 25 SEPTEMBER 1997,19 JUNE 2002, 27 JULY 2005 AND 17/7/13
Charitable Objects
TO ADVANCE EDUCATION PARTICULARLY BY ENCOURAGING THE UNDERSTANDING AND APPRECIATION OF THE DRAMATIC ARTS ANYWHERE IN THE UNITED KINGDOM BY PROVIDING, PRESENTING, PRODUCING, ORGANISING, MANAGING AND CONDUCTING PERFORMANCES OF CLASSICAL AND EDUCATIONAL PLAYS, OPERA, BALLET, FILMS AND CONCERTS, IMPROVING AND PRESERVING AMENITIES FOR PUBLIC BENEFIT.
Area Of Benefit
NOT DEFINED

10 Official extract

Charity Other Names

Charity Name Id
151504
Charity Name Type
Working name
Charity Name
SADLERS WELLS THEATRE

11 Official extract

Charity Policy

Policy Name
Complaints handling
Policy Name
Trustee expenses policy and procedures
Policy Name
Social media policy and procedures
Policy Name
Financial reserves policy and procedures
Policy Name
Trustee conflicts of interest policy and procedures
Policy Name
Safeguarding vulnerable beneficiaries
Policy Name
Bullying and harassment policy and procedures
Policy Name
Complaints policy and procedures
Policy Name
Safeguarding policy and procedures
Policy Name
Serious incident reporting policy and procedures
Policy Name
Internal risk management policy and procedures
Policy Name
Investment
Policy Name
Risk management
Policy Name
Investing charity funds policy and procedures
Policy Name
Paying staff
Policy Name
Internal charity financial controls policy and procedures
Policy Name
Conflicting interests