TOWNER
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2026-12-12 (in 7mo)
Last made up 2025-11-28
Watchouts
None on the register
Cash
£1M
+29.2% vs 2024
Net assets
£6M
+17.2% vs 2024
Employees
54
+3.8% vs 2024
Profit before tax
—
Period ending 2025-03-31
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Turnover | £540,967 | £623,706 | |
| Operating profit | — | — | |
| Profit before tax | — | — | |
| Net profit | £343,376 | £913,169 | |
| Cash | £829,006 | £1,070,840 | |
| Total assets less current liabilities | £5,307,493 | £6,220,662 | |
| Net assets | £5,307,493 | £6,220,662 | |
| Equity | £5,307,493 | £6,220,662 | |
| Average employees | 52 | 54 | |
| Wages | £1,108,720 | £1,118,406 |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Net margin | 63.5% | 146.4% | |
| Current ratio | 9.59x | 9.25x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Xeinadin Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Trustees have reviewed the cash position of the charity and are satisfied that the charity will remain able to meet all its financial commitments. The Trustees believe that the charity is able to manage its financial risks successfully and are confident that there are sufficient reserves for the operation to continue.”
Group structure
- TOWNER · parent
- Towner Enterprises Limited 100%
Significant events
- “record visitor numbers to the gallery and the town-wide Eastbourne ALIVE programme.”
- “Turner Prize exhibition in 2023 which brought record visitor numbers”
- “opening of a second visitor destination at Black Robin Farm on the South Downs”
- “switched on solar panels on the gallery roof, which with storage batteries, will reduce both energy usage and utility bills.”
- “acquired over a thousand new pieces of artwork for our collection 7 of which were purchased, and the rest were gifted.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
11 active · 15 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BABARINDE, Joshua Thomas Aderele | Director | 2022-06-06 | Jun 1993 | British |
| BANNISTER, Margaret Elizabeth | Director | 2023-09-11 | Sep 1954 | British |
| BARRETT, Myfanwy | Director | 2025-09-08 | May 1969 | British |
| CAHN, Flavia | Director | 2025-09-08 | May 1995 | British |
| DENNIS, Flora Marian, Dr | Director | 2018-02-28 | Jun 1974 | British |
| KING, Gyr Falcon Harwood | Director | 2014-03-12 | Aug 1952 | British |
| LEACH, Maya Rose | Director | 2025-12-11 | Feb 1998 | British |
| LUCAS, Caroline, Dr | Director | 2024-12-02 | Dec 1960 | British |
| SMALES, Jonathan Paul | Director | 2025-06-18 | Feb 1959 | British |
| WELTON, Stephen | Director | 2024-11-18 | Feb 1961 | British |
| WOOD, Catherine Susan | Director | 2022-06-06 | Apr 1973 | British |
Show 15 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ASHDOWN, Timothy James William | Director | 2014-04-30 | 2022-03-07 |
| BAUER, Hillary | Director | 2014-01-07 | 2023-03-06 |
| BUSSELL, Joanna Margaret | Director | 2013-12-05 | 2014-01-29 |
| CADELL, Kay | Director | 2016-12-01 | 2022-06-06 |
| CASSON, Dinah Victoria | Director | 2014-01-07 | 2024-06-03 |
| DIMBLEBY, David | Director | 2014-01-07 | 2024-11-18 |
| HILL, Joseph | Director | 2018-03-01 | 2025-10-06 |
| LONG, Joseph Patrick | Director | 2020-03-12 | 2025-11-27 |
| MADELL, John Stuart | Director | 2014-07-07 | 2018-02-28 |
| MCKENZIE, Colin Frederick | Director | 2014-02-14 | 2023-12-11 |
| MOORTON, Mark Richard | Director | 2014-04-04 | 2022-03-07 |
| SUTHERLAND-BEATSON, Julian | Director | 2014-07-07 | 2016-04-08 |
| SWANSBOROUGH, Colin Richard | Director | 2018-02-28 | 2023-09-11 |
| WILLIAMS, Jenny | Director | 2020-03-12 | 2024-12-02 |
| WYNDHAM, Henry Mark | Director | 2014-02-14 | 2019-02-01 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 75 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-03-24 MA Memorandum articles
- 2025-03-24 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-22 | AA | accounts | Accounts with accounts type group | |
| 2025-12-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-12-11 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-11 | AP01 | officers | Appoint person director company with name date | |
| 2025-10-13 | AP01 | officers | Appoint person director company with name date | |
| 2025-10-06 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-03 | AP01 | officers | Appoint person director company with name date | |
| 2025-06-23 | AP01 | officers | Appoint person director company with name date | |
| 2025-03-24 | MA | incorporation | Memorandum articles | |
| 2025-03-24 | RESOLUTIONS | resolution | Resolution | |
| 2024-12-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-04 | AP01 | officers | Appoint person director company with name date | |
| 2024-12-02 | TM01 | officers | Termination director company with name termination date | |
| 2024-12-02 | AP01 | officers | Appoint person director company with name date | |
| 2024-11-28 | TM01 | officers | Termination director company with name termination date | |
| 2024-10-04 | AA | accounts | Accounts with accounts type group | |
| 2024-06-20 | TM01 | officers | Termination director company with name termination date | |
| 2024-01-15 | CH01 | officers | Change person director company with change date | |
| 2023-12-24 | AA | accounts | Accounts with accounts type full | |
| 2023-12-18 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 8
- Capital events
- 0
- Officers appointed
- 4
- Officers resigned
- 2
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
+15.3%
£540,967 £623,706
-
Cash
+29.2%
£829,006 £1,070,840
-
Net assets
+17.2%
£5,307,493 £6,220,662
-
Employees
+3.8%
52 54
-
Wages
+0.9%
£1,108,720 £1,118,406
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