THE YARD THEATRE LIMITED

• ◆

  4 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

Moore Kingston Smith LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Having reviewed the charity's forecasts and projections for the period up to December 2025, the Trustees have concluded that there is a reasonable expectation that the charitable group has adequate resources to continue in operational existence for the foreseeable future. The charitable group therefore continues to adopt the going concern basis in preparing its financial statements.”

Group structure

1. THE YARD THEATRE LIMITED · parent
   1. The Yard Enterprises Limited 100% · England and Wales · promotes commercial non-theatre hires and provides catering at the theatre.

Significant events

• “In 2025 we will start on site for a major capital project to transform our building, originally a temporary conversion of a vacant warehouse, into an auditorium and bar, into a fit-for-purpose theatre, event space and community hub - with a 30-year lease and almost £6.4m funding secured as of August 2024. Works are expected to start on site in mid-2025 with a reopening date in Q2 2026.”
• “In Q4 of the financial year action was taken to restructure the team and significantly cut costs across all departments, the full impact of which will be felt in FYE 2025.”
• “Chair Simon Tate, appointed in February 2024, led work to finalise negotiations on the new lease of the premises, culminating in a fully executed 30-year lease in August 2024, giving the organisation long term security for the first time, for which the trustees are grateful.”
• “During the 2023-24 year a further £1.2m funding was secured for the project from funders including Arts Council England, Portal Trust, Clothworkers Foundation and LLDC and the baseline scheme now fully funded.”

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

0

last 12 months

Officers resigned

4

last 12 months

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

• Turnover

  -7%

  £1,720,479 → £1,599,645

• Cash

  -22.7%

  £408,385 → £315,643

• Net assets

  +19.1%

  £998,292 → £1,188,968

• Employees

  -12.5%

  40 → 35

• Wages

  -4.6%

  £667,093 → £636,622

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