THE HEPWORTH WAKEFIELD

1. THE HEPWORTH WAKEFIELD 2010-09-24 → present
2. THE HEPWORTH WAKEFIELD OPERATING TRUST 2009-12-30 → 2010-09-24

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

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

Saffery LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the 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 group or the parent 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. THE HEPWORTH WAKEFIELD · parent
   1. The Hepworth Wakefield Enterprises Limited 100% · England and Wales · retail, venue hire and catering operations
   2. The Hepworth Wakefield Garden Trust Limited · England and Wales · operate The Hepworth Wakefield Garden

Significant events

• “Despite having no budget for acquisitions, a notable achievement of this year has been continuing to strategically grow Wakefield's art collection, adding outstanding works for generations to enjoy.”
• “Our Garden Studio and gallery store have been through an extended planning process and have finally been granted permission, so we will be forging ahead with those projects to ensure they are delivered within the tight timescale required in the funding agreement.”

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

Filings

7

last 12 months

Capital events

0

last 24 months

Officers appointed

1

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

  —

  Not reported

• Cash

  -62.3%

  £861,901 → £324,684

• Net assets

  -12.6%

  £3,792,017 → £3,315,083

• Employees

  -7.6%

  79 → 73

• Operating profit

  +6%

  -£417,124 → -£392,304

• Profit before tax

  +0.1%

  -£384,408 → -£383,934

• Wages

  +7.5%

  £1,745,339 → £1,876,385

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