THE OLD VIC THEATRE TRUST 2000

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

Moore Kingston Smith LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The management team have prepared a detailed cashflow forecast and are confident that the group has sufficient resources to remain financially viable for a period of at least 12 months from the date of signing of these financial statements. Thus the Trustees of the charitable group continue to adopt the going concern basis in preparing its financial statements.”

Group structure

1. THE OLD VIC THEATRE TRUST 2000 · parent
   1. The Old Vic Services Company Limited 100% · UK · Commercial trading
   2. The Old Vic Theatre Company (The Cut) Limited 100% · UK · Theatrical production

Significant events

• “Season 9 was eclectic: comprising a classic revival, a family show, a world premiere new musical, a rarely staged story of true crime and a world premiere new play. Seated capacity achieved 90% and financial capacity achieved 83%.”
• “Demolition began in January 2024 with groundwork commencing in April 2024. Practical completion is currently planned for autumn 2025. Backstage aims to achieve a BREEAM 'Excellent' rating.”
• “2025-2027 will be a period of change for the theatre with the opening of Backstage (Autumn 2025) and a change in both Artistic Director and Chair. Rupert Goold will succeed Matthew Warchus as Artistic Director in 2026 after 11 years successfully leading the Almeida Theatre. The recruitment for a new Chair to succeed Nick Clarry will begin in early 2025. Nick steps down after ten years as Chair in the summer of 2025.”

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

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

1

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

  +6.2%

  £15,423,709 → £16,376,901

• Cash

  -14.6%

  £9,023,517 → £7,709,809

• Net assets

  +20.1%

  £25,919,544 → £31,125,856

• Employees

  -10.5%

  370 → 331

• Operating profit

  +554.2%

  -£681,016 → £3,092,931

• Profit before tax

  +431.6%

  -£866,875 → £2,874,344

• Wages

  -10.4%

  £8,505,095 → £7,624,674

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