WATERSHED ARTS TRUST LIMITED(THE)
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Next accounts due
2026-03-31
Overdue
Confirmation statement due
2027-01-28 (in 8mo)
Last made up 2026-01-14
Watchouts
Cash
£1M
+52.1% vs 2023
Net assets
£9M
-8.2% vs 2023
Employees
118
+3.5% vs 2023
Profit before tax
-£347K
+24.1% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Annual accounts overdue
Due 2026-03-31.
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2024-03-31
| Metric | Trend | 2023-03-31 | 2024-03-31 |
|---|---|---|---|
| Turnover | £5,291,208 | £6,555,080 | |
| Operating profit | -£456,873 | £81,776 | |
| Profit before tax | -£456,873 | -£346,824 | |
| Net profit | -£456,873 | -£798,224 | |
| Cash | £848,949 | £1,291,020 | |
| Total assets less current liabilities | £9,742,487 | £8,944,333 | |
| Net assets | £9,709,312 | £8,911,088 | |
| Equity | £9,709,312 | £8,911,088 | |
| Average employees | 114 | 118 | |
| Wages | £2,578,672 | £2,674,572 |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-03-31 | 2024-03-31 |
|---|---|---|---|
| Operating margin | -8.6% | 1.2% | |
| Net margin | -8.6% | -12.2% | |
| Return on capital employed | -4.7% | 0.9% | |
| Gearing (liabilities / total assets) | 9.3% | 11.1% | |
| Current ratio | 1.63x | 1.73x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- A C Mole 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 group's ability to continue as a going concern for a period of at least 12 months from when the financial statements are authorised for issue.”
Group structure
- WATERSHED ARTS TRUST LIMITED(THE) · parent
- Watershed Trading Limited 100%
- Watershed Ventures CIC 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
10 active · 67 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ARTHURS, Kate Daisy | Secretary | 2023-03-22 | — | — |
| ARTHURS, Kate | Director | 2022-02-09 | Dec 1978 | British |
| DAVIES, Louise-Marie | Director | 2025-06-18 | Apr 1968 | British |
| GATFIELD, Stephen John | Director | 2014-06-25 | Sep 1958 | British |
| HART, Sherrie | Director | 2016-12-07 | Jun 1964 | British |
| JENKINS, Daniella, Dr | Director | 2025-06-18 | Jul 1977 | British |
| LESTER, Charlotte Anne | Director | 2022-02-09 | Feb 1985 | British |
| NDIBWIRENDE, Louise | Director | 2022-02-09 | Jan 1989 | French |
| NOOR, Bashir Ahmed | Director | 2025-06-18 | Aug 1982 | British |
| SHARMA, Sidharth | Director | 2022-02-09 | Sep 1973 | British |
Show 67 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BOWEN, William John | Secretary | 1998-07-30 | 2011-12-07 |
| GARDNER, Lisa Michelle | Secretary | 2015-01-28 | 2023-03-22 |
| MACMAHON, Cara Mary Elizabeth | Secretary | 1994-06-16 | 1995-12-22 |
| READ, Mark William | Secretary | 1998-03-16 | 1998-07-30 |
| SAPSED, Luke Charles | Secretary | 1996-03-04 | 1998-03-13 |
| TOUZEL, James | Secretary | 2011-12-07 | 2015-01-28 |
| VELOCITY COMPANY SECRETARIAL SERVICES LIMITED | Corporate Secretary | — | 1994-06-16 |
| AHMED, Syed Shamil | Director | 2015-09-23 | 2019-03-27 |
| ALDERSON, Christopher Dominic Marmaduke Bellairs | Director | — | 1992-06-11 |
| APPLEBY, Paul Michael | Director | 2012-08-20 | 2022-03-23 |
| APPLEBY, Paul Michael | Director | 2001-06-27 | 2012-01-22 |
| ASFOUR, Mary | Director | 1992-06-11 | 1995-08-30 |
| BEDFORD, John Dudley | Director | — | 1993-01-18 |
| BOWEN, William John | Director | 1993-01-18 | 2011-12-07 |
| BRECKELS, Fabian Guy | Director | 2007-05-29 | 2008-06-30 |
| BUNYAN, Diane Elizabeth | Director | 2007-01-31 | 2021-12-08 |
| CHAKRABARTI GALLEMORE, Jaya, Dr | Director | 2003-03-26 | 2015-02-27 |
| CLARKE, Stella Rosemary, Dr | Director | — | 1995-09-15 |
| COOPER, Susan Patricia | Director | 2015-09-23 | 2022-12-07 |
| COWELL, Hilary Isla | Director | 1994-01-17 | 1996-04-26 |
| DECORDOVA, Louise Annmarie | Director | 2022-02-09 | 2024-10-10 |
| DODD, Barrington | Director | 2004-02-03 | 2007-04-01 |
| DURRANT, John | Director | 2015-03-25 | 2022-03-23 |
| DURRANT, John | Director | 2011-06-13 | 2012-04-01 |
| GARCIA, Christopher Terence | Director | 2011-12-07 | 2013-12-11 |
| GARCIA, Christopher Terence | Director | 2007-06-01 | 2010-12-01 |
| GARDENER, Parys Letisha | Director | 2023-07-26 | 2025-12-10 |
| GARDENER, Parys Letisha | Director | 2019-09-25 | 2022-12-07 |
| GARDNER, Lisa Michelle | Director | 1999-05-26 | 2023-03-22 |
| GILES, David John Hedges | Director | — | 1997-08-05 |
| GILKISON, Alex | Director | 2011-12-07 | 2016-12-07 |
| HARRISON, Neil Robert, Dr | Director | 2007-06-01 | 2011-04-01 |
| HOLLAND, Helen | Director | 2010-01-01 | 2013-12-11 |
| HUNT, David | Director | 1995-01-16 | 1997-10-22 |
| HYDE, Alan Andrew Raymond | Director | 1996-10-09 | 1998-02-16 |
| JOHN, David | Director | 1991-11-07 | 1998-01-14 |
| JOHNSON, Shahina Sarwar Baloch | Director | 2015-09-23 | 2018-09-22 |
| KITTO, Grace | Director | 1994-11-21 | 1997-11-13 |
| KNELL, John Edward | Director | 2011-06-15 | 2012-05-08 |
| LEVY, Peter John | Director | 2013-09-25 | 2014-06-25 |
| LISTER, Martin, Professor | Director | 2004-04-01 | 2011-12-07 |
| LOVEGROVE, Sharmaine | Director | 2020-10-15 | 2021-06-15 |
| LOVEGROVE, Sharmaine Alexia | Director | 2019-06-26 | 2020-06-30 |
| LUTON, Sally Katrina | Director | 2011-06-15 | 2016-01-20 |
| MCLAREN, Patricia Margaret | Director | 1992-06-11 | 1998-05-13 |
| MCLELLAN, John Andrew | Director | — | 1996-04-05 |
| MOAR, Charlotte Mary Celia | Director | 1997-06-24 | 1998-11-10 |
| OPIE, Mary Myfanwy | Director | 1993-01-18 | 1996-08-14 |
| PRESCOTT THOMAS, John Desmond | Director | 1996-05-21 | 2001-04-25 |
| PRICE, Derrick James, Dr | Director | 1998-01-14 | 2015-01-28 |
| RICHARDS, Brian Barry, Alderman | Director | — | 1992-06-11 |
| ROBERTS, Patricia | Director | 1994-05-16 | 2003-06-26 |
| ROLAND, John | Director | 2001-11-28 | 2007-07-30 |
| ROSCOE, Jane Anna Marie, Professor | Director | 2019-03-27 | 2023-06-28 |
| SAINT, Rachel Alexandra | Director | 2012-04-01 | 2013-12-11 |
| SMETHERHAM, David, Doctor | Director | 1993-05-17 | 1994-09-13 |
| SWALLOW, John | Director | 1994-11-21 | 1997-04-01 |
| TAYLOR, Crispin Mark | Director | — | 1994-03-14 |
| TINCKNELL, Estella Jane | Director | 2013-09-25 | 2020-02-12 |
| TOPHAM, Betty Joyce Doreen | Director | 1992-06-11 | 1995-05-17 |
| TOUZEL, James George | Director | 2003-03-26 | 2024-12-04 |
| TUTTLE, Patricia Jane | Director | 2022-02-09 | 2025-04-13 |
| WARREN, Claire, Councillor | Director | 1995-05-17 | 2008-06-30 |
| WHITEHEAD, Donna Marie | Director | 2017-06-21 | 2019-03-27 |
| WILLIAMS, Stephen, Councillor | Director | 1996-07-03 | 2011-12-07 |
| WILSON, Stephen Michael | Director | 2011-12-07 | 2021-06-26 |
| WRIGHT, Mark, Dr | Director | 2011-06-13 | 2013-12-11 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 302 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-03-26 | RP01AP01 | officers | Replacement filing of director appointment with name | |
| 2026-01-26 | CH01 | officers | Change person director company with change date | |
| 2026-01-26 | CH01 | officers | Change person director company with change date | |
| 2026-01-12 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-16 | AP01 | officers | Appoint person director company with name date | |
| 2025-07-16 | AP01 | officers | Appoint person director company with name date | |
| 2025-07-16 | AP01 | officers | Appoint person director company with name date | |
| 2025-07-16 | CH03 | officers | Change person secretary company with change date | |
| 2025-07-16 | CH01 | officers | Change person director company with change date | |
| 2025-04-21 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-01-08 | AA | accounts | Accounts with accounts type group | |
| 2024-12-05 | TM01 | officers | Termination director company with name termination date | |
| 2024-10-21 | TM01 | officers | Termination director company with name termination date | |
| 2024-06-14 | AP01 | officers | Appoint person director company with name date | |
| 2024-03-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-30 | AA | accounts | Accounts with accounts type group | |
| 2023-08-29 | TM01 | officers | Termination director company with name termination date | |
| 2023-03-23 | AP03 | officers | Appoint person secretary company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 10
- Capital events
- 0
- Officers appointed
- 3
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-03-31 vs 2023-03-31
-
Turnover
+23.9%
£5,291,208 £6,555,080
-
Cash
+52.1%
£848,949 £1,291,020
-
Net assets
-8.2%
£9,709,312 £8,911,088
-
Employees
+3.5%
114 118
-
Operating profit
+117.9%
-£456,873 £81,776
-
Profit before tax
+24.1%
-£456,873 -£346,824
-
Wages
+3.7%
£2,578,672 £2,674,572
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