THE AUCKLAND PROJECT

1. THE AUCKLAND PROJECT 2018-10-29 → present
2. THE AUCKLAND CASTLE TRUST 2012-02-01 → 2018-10-29

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

S&W Audit

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. The Trustees have concluded that, when considering both the base case and a down turn scenario, including a series of mitigation actions, that there is sufficient cash resources to use a going concern in the accounts.”

Group structure

1. THE AUCKLAND PROJECT · parent
   1. TAP Trading Limited 100% · England and Wales · carries out the day to day charitable visitor activities of TAP and performs some non charitable retailing, catering and functions activities.
   2. Weardale Railway Limited 100% · England and Wales · is restoring the rail link between Bishop Auckland and Weardale to preserve items of local interest in the local area and recommencing heritage and passenger services.
   3. Park Head Leisure Limited 100% · England and Wales · operates the Park Head Hotel in Bishop Auckland.

Significant events

• “2024-25 marked a historic transition: after years of construction and careful planning, The Auckland Project is no longer a building site. This year, we have moved into a new phase of delivery, beginning to share our fully realised site with the public.”
• “In January 2025, we introduced the Volunteer Buddy Scheme, pairing experienced Palace and Faith Museum volunteers with younger participants.”
• “2024/25 also saw the expansion of The Auckland Projects event program with a series of Summer concerts at Summerfest with 4,000 concert goers in attendance, Pumpkin Forest was introduced in the Autumn which attracted 16,000 young families and the return of the Aglow winter light trail with an attendance in excess of 30,000.”
• “The completed Walled Garden opened for the May Bank holiday”
• “There has been a tree planting programme including extension of the Hazel Bank along the western perimeter of the park. Some of the oaks used have been raised from seed collected from the pollarded veteran stock in the Outer Park. This year over 4500 trees and hedgerow plants have been added to the estate.”

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

5

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

  +79.3%

  £2,672,097 → £4,790,986

• Cash

  -31.9%

  £13,529,225 → £9,209,722

• Net assets

  -11.5%

  £83,620,022 → £74,004,889

• Employees

  +8.6%

  185 → 201

• Operating profit

  -428.3%

  £376,290 → -£1,235,263

• Profit before tax

  -428.3%

  £376,290 → -£1,235,263

• Wages

  +52.6%

  £2,899,123 → £4,424,761

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