DESIGN AND ARTISTS COPYRIGHT SOCIETY

• ◆

  4 officer resignations in last 12 months

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

1. DESIGN AND ARTISTS COPYRIGHT SOCIETY 2005-01-05 → present
2. DESIGN AND ARTISTS COPYRIGHT SOCIETY LIMITED 1983-12-22 → 2005-01-05

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

BKL Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' 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 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.”

Significant events

• “DACS had a challenging financial performance in 2024, but achieved a modest surplus.”
• “DACS ended the year with revenue of £19.9 million; paying out £16.1 m in royalties to 100,000 artists and estates through Artist's Resale Right (ARR), Payback (Collective Licensing) and Overseas Public Lending Right, Copyright Licensing and Images.”
• “To mark, DACS' 40th anniversary in 2024, we reflected on the organisation's legacy while driving transformative change for artists and estates.”
• “In early 2024, we also launched our new website to improve accessibility and engagement, offering a seamless experience for artists, art market professionals, and customers.”
• “Our landmark survey of 1,000 artists, published in January 2024, highlighted growing concerns about Al's impact on careers, opportunities, and copyright.”
• “In November 2024, research commissioned by DACS from the University of Glasgow revealed the financial difficulties facing visual artists.”
• “In 2024, the UK government amended the ARR Regulations, changing the currency from EUR to GBP to simplify processes and reduce regulatory burdens for art market professionals.”
• “DACS has long championed ARR in the UK, since it was first introduced in the UK in 2006.”
• “the campaign for a global ARR gained momentum, with Australia and New Zealand, following Mexico in implementing the Right.”

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

Filings

12

last 12 months

Capital events

0

last 24 months

Officers appointed

4

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

  -17.4%

  £24,125,149 → £19,920,545

• Cash

  +10.2%

  £6,087,162 → £6,707,286

• Net assets

  +5.3%

  £2,365,078 → £2,491,155

• Employees

  0%

  58 → 58

• Operating profit

  -259.4%

  £265,303 → -£423,021

• Profit before tax

  -73.8%

  £728,162 → £191,119

• Wages

  +4.8%

  £1,856,873 → £1,946,196

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