POSTAL HERITAGE TRUST

• ⚠

  Material uncertainty over going concern

  The Trustees consider that the conditions described in respect of the historical loans as mentioned above, constitute a material uncertainty which may cast doubt over the charitable company's ability to continue as a going concern although substantially mitigated by the Heads of Terms agreement referred to above.

• ◆

  5 officer resignations in last 12 months

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

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

HaysMac LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The Trustees consider that the conditions described in respect of the historical loans as mentioned above, constitute a material uncertainty which may cast doubt over the charitable company's ability to continue as a going concern although substantially mitigated by the Heads of Terms agreement referred to above.”

Group structure

1. POSTAL HERITAGE TRUST · parent
   1. Postal Heritage Services Limited 1% · England and Wales · archive services
   2. Postal Heritage Trading Limited 1% · England and Wales · commercial trading

Significant events

• “In May 2024 we marked the culmination of a major research and engagement project developed in partnership with King's College London and partners from other UK Universities. Addressing Health looked at health and mortality in the Victorian Post Office and was developed over several years.”
• “In June two members of the team attended the opening of a refurbished memorial garden to the fallen of the postal service from the two world wars. The museum's collection was used to provide images to be incorporated into the memorial.”
• “In June the first material was preserved in the system. Through the year more material was added, with the aim of transferring all digitally born collection material into the system by the end of 2025.”
• “On 19 November 2024 the company's auditor changed its name from Haysmacintyre LLP to HaysMac LLP.”

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

Filings

12

last 12 months

Capital events

0

last 24 months

Officers appointed

5

last 12 months

Officers resigned

5

last 12 months

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

• Turnover

  +13.6%

  £3,031,886 → £3,445,424

• Cash

  +25%

  £1,819,427 → £2,274,393

• Net assets

  -2.1%

  £12,924,013 → £12,656,311

• Employees

  +10.2%

  88 → 97

• Profit before tax

  +77.6%

  -£1,194,563 → -£267,702

• Wages

  +9.7%

  £2,419,625 → £2,654,082

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