SCOTTISH OPERA THEATRE ROYAL LIMITED

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 §1A

Reporting scope

Standalone (parent only)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

RSM UK Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The accounts are prepared on a going concern basis. The validity of the going concern basis depends on the ability of the company to operate within available funding. The company has net current liabilities at the year end due to the pre-existing gap in funding for the development and extension of the public spaces within the Theatre Royal which has been funded by repayable loans. The directors are confident that, with the temporary assistance of the Ultimate Parent Company, Scottish Opera Theatre Royal can meet its liabilities as they fall due, for the foreseeable future, and on this basis consider it appropriate to prepare the financial statements on a going concern basis.”

Significant events

• “There are contingent liabilities totalling £5,057,000 (2024 - £5,057,000) in respect of a grant from the Scottish Government which may become repayable on the sale of the relevant property, or in the event of a change in the main purpose of the property, or in the event of a liquidation of the company. Standard securities have been granted in favour of Creative Scotland over the freehold property at Hope Street, Glasgow.”

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

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

0

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

  +8.5%

  £139,640 → £151,483

• Cash

  +6,680.7%

  £1,754 → £118,934

• Net assets

  -3.8%

  £11,141,980 → £10,720,141

• Employees

  —

  Not reported

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