HAMPSHIRE CULTURAL TRUST

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

PKF Francis Clark

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Current activity levels, NPO status with Arts Council England, and committed funds from our founding local authorities provide reassurance as to the basis of going concern. Management has produced forecasts which demonstrate that with sensible and progressive actions there are adequate reserves to continue to operate for the foreseeable future, and for at least 12 months from the date of this report. Accordingly, the trustees consider that the Trust and its trading subsidiary continue to be a going concern.”

Group structure

1. HAMPSHIRE CULTURAL TRUST · parent
   1. Hampshire Cultural Trust Trading Ltd 100% · UK · operates the retail and catering activities of the Trust.

Significant events

• “In December 2024, Hampshire County Council (HCC) confirmed a £600,000 reduction to our core grant, to take effect by 2027. As a result of previous grant reductions from HCC, Eastleigh Borough Council and Fareham Borough Council, during the year we exited from Eastleigh Museum, Ashcroft Arts Centre and Westbury Manor Museum.”

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

2

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

  +10.9%

  £1,399,106 → £1,551,187

• Cash

  +26.9%

  £1,570,370 → £1,993,036

• Net assets

  -16.1%

  £2,529,949 → £2,122,256

• Employees

  -7.6%

  264 → 244

• Wages

  +3.7%

  £4,475,826 → £4,642,755

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