TRINITY THEATRE AND ARTS CENTRE LIMITED

• ⚠

  Material uncertainty over going concern

  The group incurred a deficit of £56,740 and at the balance sheet date the group does not have any free reserves. As such the trustees recognise that the group's position at the year-end may indicate the existence of a materiality uncertainty over its going concern status. However, the trustees have concluded that, with the plans presented the group can continue for at least 12 months from approval of these accounts. Included in this assessment, the trustees have discussed the financial position of TAEL (Trinity Arts Enterprise Limited) with the directors and management of that entity and are satisfied that with the cost controls and measures that have been put in place, in addition to a greater marketing campaign of the business, the company is unlikely to need financial support from Trinity Theatre and Arts Centre Limited and can continue as a going concern.

• ◆

  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

Hilden Park Accountants Limited

Audit opinion

Qualified

Going concern

Material uncertainty disclosed

“The group incurred a deficit of £56,740 and at the balance sheet date the group does not have any free reserves. As such the trustees recognise that the group's position at the year-end may indicate the existence of a materiality uncertainty over its going concern status. However, the trustees have concluded that, with the plans presented the group can continue for at least 12 months from approval of these accounts. Included in this assessment, the trustees have discussed the financial position of TAEL (Trinity Arts Enterprise Limited) with the directors and management of that entity and are satisfied that with the cost controls and measures that have been put in place, in addition to a greater marketing campaign of the business, the company is unlikely to need financial support from Trinity Theatre and Arts Centre Limited and can continue as a going concern.”

Group structure

1. TRINITY THEATRE AND ARTS CENTRE LIMITED · parent
   1. Trinity Arts Enterprises Limited 100% · UK · operates a bar and café and all commercial trading

Significant events

• “The annual performance of 2024/25 continued the turnaround for Trinity Theatre.”
• “Jacqui Green, who joined us as CEO in October 2024, has quickly understood the priorities and identified the gaps and resources needed to accelerate the recovery.”
• “The creative engagement programme continues to contribute very significantly to income, however the show planned for February 2025 had to be cancelled with relatively short notice which has impacted the total revenue for this area.”
• “The main reduction in income sits with a drop-off in donations -- Mainly as a consequence of not being able to replicate some one-off large fundraising campaigns from 2023/24.”
• “The clocktower was finally opened in September 2024 by newly elected MP Mike Martin.”
• “The new HALO LED heating was installed in January with a very tight timeframe to get finished for the first show of 2025.”
• “In September 2024 we launched a new system that allows us to monitor and issue penalties ourselves which has stopped people abusing the car park and parking without paying.”
• “Michael Sussams, Front of House (FOH) Manager retired with our thanks in March 2025, with Liene Prince joining in April 2025, taking up the new role of Visitor Experience Manager.”
• “The Universal Wellbeing Contract with Involve Kent is due to receive large cuts from KCC, which will impact the Encore provision.”

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

Filings

10

last 12 months

Capital events

0

last 24 months

Officers appointed

2

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

  +5.6%

  £997,639 → £1,053,066

• Cash

  +21.1%

  £234,765 → £284,325

• Net assets

  -6.1%

  £932,950 → £876,210

• Employees

  +15.6%

  32 → 37

• Wages

  -2.4%

  £415,489 → £405,480

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