MIND THE GAP

• ◆

  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

Standalone (parent only)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

Azets Audit Services Limited

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 charity'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

• “In 2024/25 Mind the Gap went through significant change. Long-standing Executive Director, Julia Skelton stood down from her leadership role and departed Mind the Gap and Artistic Director, Joyce Lee left to embark on a Doctorate. Two long-serving employees from within the Company stepped into a new leadership model; Charli Ward, formally Academy Director, became Creative Director and Maria Thelwell, formally Head of Engagement, became Executive Producer, they are both joint CEO's. Alongside this the Company has commissioned a brand refresh, launching in September 2025.”
• “As part of the Bradford 2025 Capital of Culture year, Mind the Gap has been commissioned to make a show for The Beacon, a purpose-built theatre space that moves around the Bradford District. The show opens on 17 September 2025 and sees Mind the Gap return fully to the indoor stage for the first time since the Covid 19 pandemic.”
• “Mind the Gap successfully secured a £10k Cultural Capital Grant from CBDMC/BD25 to fund a new Lighting Desk and Hearing Loop to enhance our Studio facilities. With match funding we have also been able to secure signage for the outside of the building for the first time.”
• “In 2025 we are exploring becoming a Charitable Incorporated Organisation (CIO) which will enable us to leave behind some of the original and outdated language in our Memorandum from 1988.”
• “Mind the Gap saw significant change in its Board of Directors in 2024. Two parent representatives left the Board mid-year for different reasons related to family commitment and health. At the November AGM three long serving Board members resigned after many years of service. After a successful recruitment campaign four new Trustees with expertise in arts, sustainability, health, social care and communities joined the Board at the same AGM in November 2024.”

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

Filings

6

last 12 months

Capital events

0

last 24 months

Officers appointed

0

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

  -47.1%

  £1,827,942 → £967,337

• Cash

  -37.3%

  £628,682 → £394,127

• Net assets

  -38.3%

  £622,139 → £383,578

• Employees

  -14.6%

  41 → 35

• Wages

  -14.8%

  £835,360 → £711,490

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