THE SOUTH WEST HERITAGE 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

Auditor

Albert Goodman LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The trustees assess whether the use of going concern is appropriate i.e. whether there are any material uncertainties related to events or conditions that may cast significant doubt on the ability of the Trust to continue as a going concern. The trustees make this assessment in respect of a period of at least one year from the date of authorisation for issue of the financial statements and have concluded that the Trust has adequate resources to continue in operational existence for the foreseeable future and there are no material uncertainties about the Trust's ability to continue as a going concern, thus they continue to adopt the going concern basis of accounting when preparing the financial statements.”

Group structure

1. THE SOUTH WEST HERITAGE TRUST · parent
   1. South West Heritage Trust Trading Company Ltd 100% · England · operation of a retail outlet at The Museum of Somerset and other trading activities

Significant events

• “Following leadership transition, with Sam Astill taking over as Chief Executive Officer in January 2024, the Trust is focused on long-term financial and the further development of the Trust's joint identity as a charity and heritage business.”
• “In October 2025, Dylan Edgar was recruited as Head of Development and Partnerships.”
• “The Trust continues to build on its post-pandemic recovery, with visitor numbers surpassing pre-2020 levels across its sites.”
• “The Trust's status as a National Portfolio Organisation (NPO), supported by Arts Council England (ACE), remains a cornerstone of its commitment to engaging underserved communities.”

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

3

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

  +115.6%

  £3,937,118 → £8,489,905

• Cash

  +12.1%

  £1,080,338 → £1,211,471

• Net assets

  +5.4%

  £1,397,639 → £1,473,254

• Employees

  -3.7%

  107 → 103

• Profit before tax

  +297.4%

  £44,951 → £178,615

• Wages

  +4.2%

  £2,247,651 → £2,343,133

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