PAUL MELLON CENTRE FOR STUDIES IN BRITISH ART(THE)

1. PAUL MELLON CENTRE FOR STUDIES IN BRITISH ART(THE) 1982-10-18 → present
2. PAUL MELLON CENTRE FOR STUDIES IN BRITISH ART (LONDON) LTD (THE) 1970-06-25 → 1982-10-18

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

Sayer Vincent LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Based on these reports, and the investment returns of the Centre's endowment, the Trustees expect the PMC will have adequate reserves and resources to continue its activities for the foreseeable future and to meet its obligations as they fall due.”

Significant events

• “The PMC has been furthering its work on embedding its strategic priorities, which were set in the previous financial year.”
• “The PMC has also actioned substantial governance work changes within this financial year, with three Board of Trustee meetings taking place, and the process of external recruitment for two new independent trustees. The new trustees joined the Board in the 25/26 financial year.”
• “The Archives & Library team also applied for Archive Service Accreditation (ASA). The ASA scheme... The application was successful and the Centre was formally awarded ASA on 20 November 2025.”
• “In May 2025 the British Art Studies team relaunched the journal with a new design and web platform.”
• “In autumn 2024, 294 applications were received, of which 65 were successful. The spring 2025 round of funding received 377 applications, of which 44 were successful.”
• “A highlight of the Centre's research programme in spring 2025 was the launch of the What Is Research Now? festival, which took place in its first iteration in May.”

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

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

0

last 12 months

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

• Turnover

  -34.5%

  £375,908 → £246,259

• Cash

  +5.3%

  £2,695,985 → £2,838,794

• Net assets

  +11.4%

  £11,942,949 → £13,302,944

• Employees

  +5.3%

  38 → 40

• Profit before tax

  +30.3%

  £1,043,526 → £1,359,995

• Wages

  +16.5%

  £1,844,936 → £2,149,336

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