SOUTHWARK PLAYHOUSE THEATRE COMPANY

• ◆

  Audit opinion: Qualified

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

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

PJT & Co Limited

Audit opinion

Qualified

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.”

Group structure

1. SOUTHWARK PLAYHOUSE THEATRE COMPANY · parent
   1. Southwark Playhouse Trading Limited 100% · England and Wales · Bar and catering facilities

Significant events

• “2024 was another successful year for the theatre, however it was not without a few bumps along the way. 2024 was a record year for audiences, over 110,000 people saw a show at Southwark Playhouse generating box office receipts of £2.37 million. Over 90% of the programme was new work, with just 10% being classics or revivals.”
• “However, despite the above successes we were hit with a few obstacles, largely to do with the currently volatile funding landscape. Four programmed productions found themselves with a significant funding/investment shortfall meaning we either had to scramble to find a replacement show, go dark, or step in and produce.”
• “At the beginning of the year, we advertised for a new programming role to free up time for the Artistic Director. The new role, Programming Associate, would take a lead responsibility for programming The Little. We were very pleased to welcome Ebenezer Bamgboye, an emerging theatre director, to the team in March 2024.”

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

1

last 12 months

Officers resigned

0

last 12 months

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

• Turnover

  +16.6%

  £1,495,404 → £1,744,174

• Cash

  +0.9%

  £1,986,398 → £2,003,793

• Net assets

  -2.4%

  £4,062,568 → £3,963,403

• Employees

  -14.8%

  27 → 23

• Profit before tax

  -443.7%

  -£18,238 → -£99,165

• Wages

  +33.4%

  £554,458 → £739,503

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers