LEEDS HERITAGE THEATRES

1. LEEDS HERITAGE THEATRES 2024-07-08 → present
2. LEEDS GRAND THEATRE AND OPERA HOUSE LIMITED 1970-04-27 → 2024-07-08

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Azets Audit Services Ltd

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Trustees consider the Company to be a going concern and the Financial Statements have been prepared on that basis. In reaching this conclusion the Trustees have taken into account a number of factors including the current period of economic downturn. Long term forecasts have been prepared modelling a number of scenarios which show that, with income generation strategies and cost control measures in place, and the level of reserves, the Company can continue to operate as a going concern.”

Significant events

• “In 2023 we launched our 'Secret Seats', which enables members of the public to access theatre tickets at a subsidised rate.”
• “Following the launch of our Under 30s membership scheme... 24/25 saw an increase in the number of younger audiences engaging with our programme.”
• “The venue (Hyde Park Picture House) successfully reopened in June 2023 following a major programme of preservation and redevelopment.”
• “Due to the nature of some of these works, a planned extended maintenance period was scheduled from late June to early September, during which the venue remained dark (Leeds Grand Theatre).”
• “In February 2025, we appointed our first permanent Head of Development.”
• “Subsequently to the year end, work will begin in Spring 2026 on the City Varieties Music Hall, which includes replacement of the roof, and repairs to pointing and brickwork. The estimated costs for this are £1.8m.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

7

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -3.1%

  £14,050,719 → £13,620,929

• Cash

  +45.3%

  £527,451 → £766,535

• Net assets

  +1.6%

  £4,947,889 → £5,028,584

• Employees

  -13.7%

  233 → 201

• Operating profit

  -79.2%

  £303,456 → £63,145

• Profit before tax

  -78.8%

  £381,453 → £80,695

• Wages

  +3.7%

  £3,293,409 → £3,414,897

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers