WAC ARTS

1. WAC ARTS 2013-01-15 → present
2. INTERCHANGE TRUST 1985-02-07 → 2013-01-15
3. INTER-ACTION CENTRE LIMITED 1984-04-16 → 1985-02-07
4. INTER-ACTION TRUST LIMITED 1974-01-31 → 1984-04-16

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

Knox Cropper LLP

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. WAC ARTS · parent
   1. The Hamden Trust · England and Wales · to conserve and enhance its historic building and encourage educational work to celebrate our heritage

Significant events

• “2023-24 saw the organisation undertake a dynamic approach as it adjusted to new leadership, a revised business plan with a hyperlocal approach and robust goal setting in the short term, while continuing to be operationally resilient, creatively engaging and financially successful.”
• “As part of the Camden Business Climate Challenge, Wac Arts received recognition from the Mayor of London for our work in making the building more sustainable and carbon efficient. We also successfully applied for both planning permissions and some funding towards installing solar panels in the arts block of the building, with work scheduled through 2024-26.”
• “2024-25 will see the organisation celebrate its 25th year as custodian of the old town hall building.”

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

4

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

  +8.2%

  £1,608,875 → £1,741,077

• Cash

  -2.7%

  £629,152 → £612,247

• Net assets

  -1.9%

  £6,189,041 → £6,070,893

• Employees

  +1.2%

  84 → 85

• Wages

  +7.6%

  £1,050,196 → £1,129,713

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers