VERBAL ARTS CENTRE (NORTHERN IRELAND) LIMITED THE

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.”

Group structure

1. VERBAL ARTS CENTRE (NORTHERN IRELAND) LIMITED THE · parent
   1. Lagan Press · publishing activity has now ceased. Lagan Press currently operates on a limited basis, fulfilling online orders for titles from its existing back catalogue.
   2. Sevengate · serves as Verbal's trading subsidiary. It was created to facilitate access to business support programmes and to generate unrestricted income for the organisation.

Significant events

• “This year in the context of diminishing public resources and grant opportunities we maintained successful partnerships with statutory bodies, public agencies and community service providers.”
• “Digital Wellbeing: In 2024-25 Verbal continued to maintain its digital platform "Verbal Wellbeing" which has demonstrated a robust stability of service throughout the year.”
• “The Storyteller Recovery project Inside the Walls has won a three year contract with the PHA and the Ministry of Justice to deliver across the entire prisons estate.”

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

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

0

last 12 months

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

• Turnover

  +76.4%

  £440,374 → £776,676

• Cash

  +137%

  £271,325 → £642,948

• Net assets

  -13.3%

  £1,416,673 → £1,228,561

• Employees

  -5.6%

  18 → 17

• Wages

  +8.5%

  £456,251 → £495,078

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