ARKWRIGHT SOCIETY LIMITED(THE)

• ◆

  Audit opinion: Qualified

  Latest auditor's report carried a non-clean opinion.

• ◆

  3 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

BHP LLP

Audit opinion

Qualified

Going concern

Affirmed

“The Trustees have prepared detailed forecasts of income, expenditure, and cash flow for the 12-month period following approval of these financial statements. These projections indicate that the Society will be able to operate within its available financial facilities. The Trustees note that these forecasts assume an increase in grant and donation income and recognise the need for continued organisational capacity and skills to support this effort as a strategic priority. While some uncertainty remains in relation to future fundraising targets, sensitivity analyses have been carried out using prudent assumptions. The resulting forecasts and cash flow projections demonstrate that the Society's available facilities are sufficient. Accordingly, the Trustees consider it appropriate to prepare the financial statements on a going concern basis.”

Group structure

1. ARKWRIGHT SOCIETY LIMITED(THE) · parent
   1. Cromford Mills Limited 100%

Significant events

• “During 2023-2025, we received grants from the National Heritage Lottery Fund for about £500,000 which have enabled us to strengthen our organisation, support our development and deliver a wider range of community activities. We also received a grant from Historic England and the Pilgrim Trust to replace the badly damaged asbestos roof on The First Mill with a temporary but robust roof. Historic England also funded essential repair works on Building 1. All these projects were successfully completed in 2024/25. However, the best reason for our rising confidence is that the National Lottery Heritage Fund has just awarded the Arkwright Society £1,369,418 to fund the development stage of our project to refurbish Building 1 which is the next transformation project. Further funding has been secured from the Pilgrim Trust and the Architectural Heritage Fund.”

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

Filings

9

last 12 months

Capital events

0

last 24 months

Officers appointed

3

last 12 months

Officers resigned

3

last 12 months

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

• Turnover

  +22.4%

  £2,052,943 → £2,512,598

• Cash

  -13.9%

  £241,792 → £208,165

• Net assets

  +0.3%

  £4,178,680 → £4,191,030

• Employees

  +2%

  50 → 51

• Operating profit

  -40.3%

  £128,866 → £76,891

• Profit before tax

  -84.2%

  £79,828 → £12,598

• Wages

  +1%

  £827,390 → £835,753

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