B:MUSIC LTD

• ◆

  4 officer resignations in last 12 months

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

1. B:MUSIC LTD 2021-03-31 → present
2. PERFORMANCES BIRMINGHAM LIMITED 2007-03-13 → 2021-03-31
3. SYMPHONY HALL (BIRMINGHAM) LIMITED 1996-03-05 → 2007-03-13

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

Cooper Parry Group 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 group and parent charitable 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.”

Group structure

1. B:MUSIC LTD · parent
   1. B:Music (Enterprises) Ltd 100% · England and Wales · performs trading activities associated with events held in Town Hall and Symphony Hall which are outside the charitable objectives, including the provision of catering services.

Significant events

• “Over the coming year we will be undertaking Amplify Town Hall our capital plan to improve sustainability, access and comfort in Town Hall. This will entail a major public fund-raising campaign, matched by a significant capital sum from B:Music's reserves, and grants from trusts and foundations.”
• “In parallel with the physical work, we will be creating a brand-new digital archive charting the rich history of Town Hall through artefacts and oral histories.”
• “2024-25 has been an outstanding year for B:Music financially, with an unrestricted surplus of £624k substantially exceeding the budgeted figure for the year and allowing the charity to contribute to a solid reserves position.”
• “B:Music remains one of the busiest live music organisations in the UK with over 800 events taking place in the past year across Symphony Hall, Town Hall and with partners in the community.”
• “The issue by BCC of a Section 114 notice in September 2023 creates immediate direct and indirect risks for B:Music as the city progressively ceases to fund any non-statutory services such as culture. ...A grant of £1,307,834 has been made to the charity on this basis for the 24-25 year. This amount includes an £80,118 operational grant which will be withdrawn in 25-26.”

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

Filings

9

last 12 months

Capital events

0

last 24 months

Officers appointed

1

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

  +11.5%

  £10,478,000 → £11,688,000

• Cash

  -17.3%

  £6,224,000 → £5,146,000

• Net assets

  +1.3%

  £13,957,000 → £14,137,000

• Employees

  +23%

  61 → 75

• Wages

  +15%

  £3,050,000 → £3,508,000

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