National Non Domestic Rates - Discretionary Relief Application - The Lace Market Theatre Trust Limited

July 21, 2026 Portfolio Holder for Corporate Resources and Performance (Cabinet member) Awaiting outcome View on council website
Full council record

Purpose

The purpose of this report is to seek approval for discretionary charitable relief under Section 47 of the Local Government Finance Act 1988.

Decision

That the application for discretionary relief under Section 47 of the Local Government Finance Act 1988 is allowed at a rate of 20% of the annual National Non-Domestic Rates due.

Reasons for the decision

The application for discretionary relief under Section 47 of the Local Government Finance Act 1988 is allowed at a rate of 20% of the annual National Non-Domestic Rates due.

Alternative options considered

An alternative to the proposal would be to refuse the relief.
Another alternative to the proposal would be to grant relief at a different rate to the proposed 20%.

Supporting Documents

Appendix 1 - Application Form.pdf
Report to Portfolio Holder.pdf
Appendix 2 - Charity Overview.pdf
Appendix 4 - Signed MFA.pdf
Appendix 3 - 2023 Accounts.pdf
Appendix 3 - 2024 Accounts.pdf

Details

ReferenceRefD1712
OutcomeFor Determination
Decision date21 Jul 2026