UNIVERSITY OF DERBY THEATRE LIMITED

1. UNIVERSITY OF DERBY THEATRE LIMITED 2009-05-15 → present
2. DERBY THEATRE LIMITED 2009-03-25 → 2009-05-15

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

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Therefore, the Trustees have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus, the charitable company continue to adopt the going concern basis in preparing the annual financial statements.”

Significant events

• “Costs continued to increase, while household spending on leisure and entertainment spend was depressed, further suppressing our ability to raise income and grow.”
• “The spending power of this funding has decreased by over £160,000, or 20%, since 2018. This is the real-world impact of stand-still funding against a background of high inflation.”
• “Following a universal offer of extension by ACE and our successful application to extend, NPO funding will now be in place until March 2027 although we do not yet know the value that will be awarded to Derby Theatre.”
• “The National Portfolio period will be further extended to March 2028, with an application process to be advised later.”
• “Ongoing above inflation national living wage increases - since it's introduction in 2016, entry level salaries have risen by 70% with almost a third of this increase in April 2024 and April 2025 combined.”
• “In April 2025, changes to Employers National Insurance contributions added a significant annual burden to our operating costs.”
• “At last year end, the Group required a waiver from its lenders in respect of a forecast breach of its Debt Service covenant at 31 July 2025. Those waivers were obtained, and the Group has continued to operate within the terms of its financing arrangements.”
• “Contracts were signed in relation to this funding in November 2024, following a delay due to the general election.”

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

Filings

5

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

  +26.2%

  £4,222,772 → £5,327,203

• Cash

  -28.6%

  £1,201,724 → £857,706

• Net assets

  -4.5%

  £4,644,513 → £4,435,938

• Employees

  +3.7%

  108 → 112

• Profit before tax

  +95.9%

  -£1,198,694 → -£48,615

• Wages

  +12.1%

  £1,879,542 → £2,106,555

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