THE BLACK COUNTRY LIVING MUSEUM TRUST

• ⚠

  Material uncertainty over going concern

  The Trustees have considered all this when looking at the Museum's ability to continue as a going concern and have concluded that it is appropriate to prepare the Financial Statements on the going concern basis. However, the Museum is likely to need to secure alternative facilities, as without such it could create a material uncertainty to whether the cash position can be managed through its normal working capital.

• ◆

  4 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

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

Crowe U.K. LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The Trustees have considered all this when looking at the Museum's ability to continue as a going concern and have concluded that it is appropriate to prepare the Financial Statements on the going concern basis. However, the Museum is likely to need to secure alternative facilities, as without such it could create a material uncertainty to whether the cash position can be managed through its normal working capital.”

Group structure

1. THE BLACK COUNTRY LIVING MUSEUM TRUST · parent
   1. Black Country Living Museum Enterprises Limited 100% · UK · operates the ancillary commercial activities connected to the activities of the Black Country Living Museum.

Significant events

• “Visitor attendance reached 377,024 (2% lower than prior year), first year outside pandemic that attendance shrunk since 2013.”
• “Entered a period of consultation with staff in early 2025 to reduce headcount, including at the Leadership Team level.”
• “Introduced 'Bostin' Promise' - a new framework to guide engagement and behaviours towards visitors and colleagues.”
• “Museum won the 2025 Visit England Awards for Large Visitor Attraction of the year.”
• “Opened latest developments of Forging Ahead, a £30m capital project, including Industrial Area features and new shops/offices.”

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

Filings

13

last 12 months

Capital events

0

last 24 months

Officers appointed

6

last 12 months

Officers resigned

4

last 12 months

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

• Turnover

  +4.4%

  £8,964,852 → £9,363,537

• Cash

  -37.6%

  £3,013,683 → £1,881,018

• Net assets

  -2.7%

  £37,616,080 → £36,607,739

• Employees

  +8.9%

  192 → 209

• Operating profit

  -162.8%

  £1,609,911 → -£1,010,668

• Profit before tax

  -161.1%

  £1,614,674 → -£986,341

• Wages

  +9.6%

  £5,319,722 → £5,828,167

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