THE LOWRY CENTRE TRUST

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

Crowe U.K. LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“After making all appropriate enquiries and considering various scenarios and possible mitigating actions, the Trustees consequently have a reasonable expectation that the charity and the group has adequate resources to continue in operational existence for a period of at least 12 months from the date of approval of the financial statements. For this reason, they continue to adopt the going concern basis in preparing the financial statements.”

Group structure

1. THE LOWRY CENTRE TRUST · parent
   1. The Lowry Centre Development Company Limited 100% · England and Wales · Development of The Lowry and associated elements
   2. The Lowry Centre Limited 100% · England and Wales · Commercial operations of Lowry

Significant events

• “The year reported, April 2024 to March 2025 saw visitor numbers reach one million, the highest since 2002.”
• “Lowry's Commissioning and Producing programme had a spectacular year, with its ground-breaking new work recognised nationally and internationally. 42 Balloons... was a resounding success... transferred to the Chicago Shakespeare Theatre in May 2025.”
• “The Children's Inquiry, commissioned by Lowry and produced by LUNG Theatre, premiered at Southwark Playhouse in July to phenomenal reviews.”
• “Memory Stone was Nikta Mohammadi's first institutional solo exhibition, commissioned by Lowry through its Developed With Artist Development Programme.”
• “Modern Life: The LS Lowry Collection is an exhaustive new permanent survey of Salford's LS Lowry Collection, complemented by key loans from private collections around Europe, including some paintings and drawings that have not been seen in public for decades.”
• “In July 2024, we hosted Our Space, Our Place festival, celebrating the work of all the young people across the programme in the previous year.”
• “We re-established a dedicated group for Young Carers, reaching over 1,000 young people in Salford through awareness-raising assemblies, taster sessions, and supported initiatives to celebrate Care-Experienced young people, including hosting Greater Manchester Youth Network's Hear My Voice project, producing a graphic novel shown on BBC and ITV.”
• “In 2024 Lowry Centre for Advanced Training in Dance celebrated it's 15th year with public performances including We Invented the Weekend and U.Dance in Liverpool.”
• “We Invented the Weekend once again took over MediaCityUK and Salford Quays' spaces and places, to celebrate the joy of free time, taking in sports, music, comedy, theatre, dance, workshops, talks, food, charity, wellness, crafts and more.”
• “Lightwaves Salford - presented by Quays Culture - returned for the 11th year from 5th - 8th December 2024. Staged around outdoor locations across Salford Quays, Lightwaves Salford invited families and friends of all ages to get together and explore captivating light installations that transformed the waterside environment after dark.”
• “In January 2024, Arts Council England issued their intention to extend the 2023-26 Investment Programme for a further year, until 31 March 2027, this extension has been confirmed.”
• “Sir Rod Aldridge OBE stepped down as Chair after eighteen years of service to Lowry. His replacement, Nazir Afzal OBE stands as Chair from 12th December 2024.”
• “Greater Manchester's new Five-Year Environmental Plan, launched December 2024.”
• “Lowry 360, an immersive experience featuring LS Lowry's famous painting Going To The Match, opened to the public in May 2025, showcasing innovative design and technology.”
• “in our 25th year we commissioned Gods of Salford, a bold, high energy theatre production, reimagining Greek mythology through the lens of Salford's working-class spirit and performed by 25 local young people in collaboration with Not Too Tame.”

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

2

last 12 months

Officers resigned

1

last 12 months

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

• Turnover

  +19.9%

  £25,250,000 → £30,265,000

• Cash

  -4.4%

  £11,281,000 → £10,790,000

• Net assets

  -9.3%

  £48,797,000 → £44,246,000

• Employees

  -3.1%

  321 → 311

• Profit before tax

  -86.7%

  -£2,438,000 → -£4,551,000

• Wages

  -2.2%

  £7,071,000 → £6,918,000

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