DULWICH PICTURE GALLERY

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

Buzzacott Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Trustees have reviewed cash flows for the next 12 months and budgets for the next 3 years and considered the total return approach to investments with a policy to drawdown 3.5% of the value of the investments per annum. This equates to £945k for the year 2025-26. In addition, the group has built up expendable endowments of £2,039k which can be drawn down if necessary.”

Group structure

1. DULWICH PICTURE GALLERY · parent
   1. Dulwich Picture Gallery Enterprises Ltd 100% · England · non-primary purpose trading activities

Significant events

• “In August 2024 we broke ground marking the biggest redevelopment of our site in 25 years.”
• “Work has begun on our ArtPlay Pavilion, a space dedicated to igniting young imaginations through sensory-led play.”
• “Our much-loved Sculpture Garden is growing too, opening up our three acres of outdoor space for public art, reflection and inspiration.”
• “We made our first acquisition since 2012 by adding Bronze Oak Grove by Rob and Nick Carter (2017) to the Collection following a public fundraising campaign.”
• “This year saw us reach over 6,000 memberships; our highest number on record.”
• “In summer 2024, we brought together the Yoshida artistic dynasty, comprising three generations of Japanese woodblock printmakers.”
• “A "long overdue" retrospective of Tirzah Garwood showcased this visionary artist's remarkable output, bringing together more than 80 of her works for the first time.”
• “The Gallery completed the Arts Council's Accreditation Return process at the end of 2024 and received a Full Award status in April 2025.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

11

last 12 months

Capital events

0

last 24 months

Officers appointed

3

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

  +21.7%

  £1,967,000 → £2,394,000

• Cash

  -12.2%

  £574,000 → £504,000

• Net assets

  +2.9%

  £31,695,000 → £32,621,000

• Employees

  +9.3%

  54 → 59

• Operating profit

  -170.6%

  £197,000 → -£139,000

• Profit before tax

  -37.8%

  £892,000 → £555,000

• Wages

  +7.4%

  £1,829,000 → £1,965,000

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