CREATIVE FOLKESTONE

1. CREATIVE FOLKESTONE 2019-05-02 → present
2. THE CREATIVE FOUNDATION 2002-10-18 → 2019-05-02

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

Standalone (parent only)

Auditor

RSM UK Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“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 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. CREATIVE FOLKESTONE · parent
   1. The Creative Foundation (Trading) Limited 100% · England and Wales · Dormant

Significant events

• “Much of the twelve-month period between April 2024 and March 2025 was dedicated to preparing for our flagship event: the sixth edition of the Creative Folkestone Triennial, scheduled to take place from 19 July to 19 October 2025.”
• “The Creative Quarter has been going from strength to strength: by the end of the financial year, it achieved 100% occupancy for residential spaces.”
• “The Quarterhouse continued to deliver a bold and ambitious engagement programme, reflecting and celebrating Folkestone's diversity. A total of 136 events took to the stage over the 12-month period, attracting approximately 15,000 people.”
• “As a result of a successful funding application to Arts Council England's Place Partnership Fund, planning has begun for the launch of a bold and ambitious new project called Folkestone is a Library.”
• “In autumn 2024, the sixth Folkestone Triennial was announced, alongside its curatorial theme: How Lies the Land?”
• “The 2024 festival was a success, featuring great literary names such as Ali Smith, Alan Hollinghurst, Tracy Chevalier and David Nicholls.”
• “Time Out named Folkestone the UK's Best Place to Visit in 2025, citing its creative community, galleries and seaside location.”
• “The announcement of the upcoming Folkestone Triennial 2025 generated renewed interest in the town's cultural infrastructure and long-term vision.”

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

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

0

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

  -2.8%

  £2,978,917 → £2,895,703

• Cash

  -68.6%

  £363,511 → £114,289

• Net assets

  -1.3%

  £21,318,408 → £21,051,702

• Employees

  +4%

  25 → 26

• Profit before tax

  -175.9%

  £416,183 → -£315,936

• Wages

  +10.2%

  £793,287 → £874,085

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