GLASTONBURY ABBEY

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

Webb & Co Ltd

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the consolidated financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the consolidated financial statements is appropriate. 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 charity's ability to continue as a going concern for a period of at least twelve months from when the consolidated financial statements are authorised for issue.”

Group structure

1. GLASTONBURY ABBEY · parent
   1. Glastonbury Abbey Trading Limited 100% · England and Wales · Trading subsidiary
   2. Glastonbury Abbey Trust 100% · Charity

Significant events

• “Work has continued on the Town Fund project to refurbish the visitor entrance and facilities and create the new open Abbey Yard area. Work commenced on site in late 2023 and the project is due to be completed in Spring 2025.”
• “Volunteers contributed 936 hours, an increase of 300 hours from 2023, supporting public engagement, historical demonstrations, and educational programs. Their dedication was recognized with a Highly Commended award from the Marsh Trust in partnership with the British Museum.”
• “Through December 2024, the museum was packed and wrapped up to protect the displays from the adjacent building work.”
• “A full Quinquennial Survey was carried out on Abbey House and the ruins, to enable prioritisation of essential and urgent repairs, improvements and future conservation activities.”
• “The highest number of volunteer hours were recorded for the month of August, reflecting the busy peak season. Various new roles were created, comprising Garden Sundries and Crafts Volunteer, Visitor Engagement Volunteer, and Digital Engagement Volunteer.”
• “Events included The Medieval Fayre, Night at the Abbey, outdoor theatre and Horrible Histories as well as new additions of a Silent disco, Medieval Christmas Market and Tai Chi.”
• “In 2024 the abbey hosted events offering free entry to the abbey, Summer Opening in May and the Frost Fayre in November/December saw 13,052 people visit the abbey.”
• “Trustees identified the need to ringfence funds for both planned and unplanned conservation work that may occur. A programme of monitoring and conservation work for the North Wall was set in motion in 2022, which is ongoing and quinquennial surveys of the ruins and historic buildings in 2024 has identified priorities for planning future conservation work.”

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

Filings

8

last 12 months

Capital events

0

last 24 months

Officers appointed

4

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

  -4.1%

  £1,385,025 → £1,328,785

• Cash

  -32%

  £1,648,053 → £1,120,253

• Net assets

  +21.7%

  £2,632,134 → £3,204,004

• Employees

  0%

  41 → 41

• Profit before tax

  +129.2%

  £253,188 → £580,214

• Wages

  +22.7%

  £702,660 → £862,124

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