ROYAL ALBERT HALL DEVELOPMENTS 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

Standalone (parent only)

Auditor

Moore Kingston Smith LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors are satisfied that it is reasonable to expect the Company to generate adequate income to continue in operation for the foreseeable future, being the period of at least twelve months from the date of approval of these financial statements. Accordingly, the going concern basis of accounting continues to be adopted in preparing the financial statements.”

Group structure

1. ROYAL ALBERT HALL DEVELOPMENTS LIMITED · parent
   1. RAH Concerts Limited 100% · England · licensing of the Royal Albert Hall to third parties.

Significant events

• “In 2024, 2 performances (2023: 72 performances) were contracted through RAHDL throughout the year. This was the Festival of Remembrance which took place in November.”
• “Ticket sales and commission decreased to £1.9m (2023: £3.7m), due to the reduction in the number of shows taking place.”
• “The amount of third-party rental income also decreased to £53K (2023: £718k), in line with this reduction in activity.”
• “Concession & licensing income increased by 10% year on year from £7.8m to £8.6m, due to operational performance and the programming of events at the Royal Albert Hall.”
• “Other Show Income decreased to £957K (2023: £2.6m) mainly due to the decrease in number of shows. Merchandise commission increased by 51% to £800K (2023: £528K).”
• “Other income decreased by 17% to £1.2m (2023: £1.4m).”
• “The Company has two contracted performances for the Festival of Remembrance scheduled in 2025 and the intention remains to novate these contracts and contract the event with the parent Charity.”

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

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

1

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

  -22.3%

  £16,432,000 → £12,770,000

• Cash

  -77.8%

  £6,452,000 → £1,434,000

• Net assets

  0%

  £25,000 → £25,000

• Employees

  —

  Not reported

• Operating profit

  -3.4%

  £7,273,000 → £7,024,000

  first positive since 2020

• Profit before tax

  -2.1%

  £7,923,000 → £7,755,000

  first positive since 2020

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