CIRCUSFUL

• ◆

  4 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

1. CIRCUSFUL 2021-10-01 → present
2. CIRCUSFUL LTD 2021-09-23 → 2021-10-01
3. BELFAST COMMUNITY CIRCUS SCHOOL LTD 1992-01-27 → 2021-09-23

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

Standalone (parent only)

Auditor

Finegan Gibson Ltd

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. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Significant events

• “In 2024/25 we celebrated our 40th anniversary, marking four decades of artistic innovation, community engagement, and creative empowerment.”
• “2024/25 saw significant leadership transition with the departure of the previous CEO. The Board provided clear governance, appointing an Interim CEO, and leading a transparent recruitment process culminating in the appointment of Paddy Anderson as permanent CEO.”
• “Scratch Nights were introduced for older youth and adults, and sell-out events in Q2 demonstrated strong demand for our creative platform.”
• “Participation in Carnival of Colours and Galway's Mayhem Festival provided further performance experience.”
• “We delivered Vertical Play workshops and the Belfast Rope Meet, attracting participants from Ireland, the UK, Europe, and Hong Kong, reinforcing Circusful's reputation as a centre of excellence in circus arts.”
• “The organisation continues to face rising costs against standstill budgets, creating challenges in maintaining high-quality circus arts facilities and limiting our ability to support staff and trainers through cost of living and incremental pay increases. This increases the risk of losing skilled and experienced team members to better-paid roles.”
• “Several key grants are due to end in 2025/26, creating a projected funding gap that will need to be addressed through increased earned income or new grant funding secured within the year.”

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

Filings

9

last 12 months

Capital events

0

last 24 months

Officers appointed

3

last 12 months

Officers resigned

4

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -3.9%

  £500,752 → £481,133

• Cash

  -0.6%

  £266,669 → £265,008

• Net assets

  +4.1%

  £579,104 → £602,735

• Employees

  +11.1%

  9 → 10

• Operating profit

  +13.2%

  £17,446 → £19,752

• Profit before tax

  +20%

  £19,686 → £23,631

• Wages

  -5.6%

  £223,653 → £211,183

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