NATIONAL CENTRE FOR CIRCUS ARTS

• ⚠

  Material uncertainty over going concern

  We draw attention to the information contained in the Trustees' report on page 18 and to the principal accounting policies, "going concern" on pages 33 and 34 in the financial statements, which indicate a material uncertainty exists that may cast significant doubt on the group's ability to continue as a going concern. Our opinion is not modified in respect of this matter.

1. NATIONAL CENTRE FOR CIRCUS ARTS 2013-08-29 → present
2. THE CIRCUS SPACE 1990-10-30 → 2013-08-29

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

Buzzacott Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“We draw attention to the information contained in the Trustees' report on page 18 and to the principal accounting policies, "going concern" on pages 33 and 34 in the financial statements, which indicate a material uncertainty exists that may cast significant doubt on the group's ability to continue as a going concern. Our opinion is not modified in respect of this matter.”

Group structure

1. NATIONAL CENTRE FOR CIRCUS ARTS · parent
   1. National Centre for Circus Arts Enterprises Limited 1% · England and Wales · manages the letting of space for Small to Medium Enterprises (SMEs) in our small office units and to companies using the Creation Studio to make and rehearse work. All commercial activity carried out by the now dissolved Circus Space Events Limited have also been moved to this subsidiary.
   2. Circus Space Events Limited 1% · England and Wales · ceased all trading in June 2025 and in August 2025 an application was submitted to Companies House to strike the company off the register of companies. Circus Space Events Limited was struck off the register on 11 November 2025.

Significant events

• “redundancy process and restructure due to ongoing challenges faced by the loss of the Arts Council England funding in 2023 along with increased costs.”
• “First full year of new CEO, Dan Cowdrill.”
• “Awarded 14 First Class Honours degrees and seven Upper Second Class Honours degrees.”
• “Largest audience numbers for performances since before the pandemic in 2020.”
• “Return of the end-of-year London Youth Circus (LYC) show which completely sold out.”
• “New Access and Participation plan submitted to increase access into the degree course for underrepresented groups.”
• “Hosted a summer fundraiser focusing on individual giving.”
• “Circus Space Events Limited ceased all trading in June 2025 and was struck off the register on 11 November 2025.”
• “Persistent challenges with venue availability due to external hires impacted teaching schedules and production planning.”
• “Withdrawal of Department for Education outreach funding from April 2025.”
• “Record amount of venue hire income taken, reaching £914,000.”
• “Plans for re-applying to the NPO scheme with Arts Council England were delayed for a further year, meaning re-entry into the scheme would not be possible until April 2027.”

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

Filings

8

last 12 months

Capital events

0

last 24 months

Officers appointed

3

last 12 months

Officers resigned

2

last 12 months

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

• Turnover

  +11.9%

  £2,045,280 → £2,288,368

• Cash

  -32%

  £378,023 → £256,952

• Net assets

  +1.9%

  £3,295,210 → £3,357,928

• Employees

  -19.5%

  87 → 70

• Operating profit

  +99%

  -£281,287 → -£2,823

• Profit before tax

  +99.2%

  -£276,855 → -£2,282

• Wages

  -1.1%

  £1,587,875 → £1,569,868

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