CHAPTER (CARDIFF) LIMITED

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

Consolidated group

Auditor

MHA

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. CHAPTER (CARDIFF) LIMITED · parent
   1. Chapter Trading Limited 100% · England and Wales · operating of the caffi bar at Chapter

Significant events

• “Established by artists Christine Kinsey and Bryan Jones and writer Mik Flood in 1971 to celebrate experimentation and radical thought, we've been a catalyst for creativity and critical thinking ever since.”
• “Chapter Group turnover was £3,567,659”
• “We have a loan with Charity Bank, secured against our Market House building and studios. There's a balloon payment due in February 2026 of c£450,000. We're exploring options to renegotiate this loan and intend to complete this work by the end of October 2025. Charity bank has already indicated they're willing to extend the loan by another 10 years.”
• “Non-Equalities Act compliant lift. The lift has been rebuilt; one small adaptation is still outstanding - announcements in the Welsh language.”

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

Filings

10

last 12 months

Capital events

0

last 24 months

Officers appointed

5

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

  -0.6%

  £3,588,469 → £3,567,569

• Cash

  -37.2%

  £1,268,019 → £796,559

• Net assets

  -6.7%

  £4,423,705 → £4,127,830

• Employees

  -10.8%

  93 → 83

• Profit before tax

  -126.8%

  -£137,337 → -£311,502

• Wages

  +0.5%

  £1,680,659 → £1,689,458

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