ARTISTS COLLECTIVE GALLERY 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

Consolidated group

Auditor

CT Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' 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 charitable company'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. ARTISTS COLLECTIVE GALLERY LIMITED, THE · parent
   1. Artists' Collective Gallery Trading Limited 1% · Scotland · provision of trading activities at the City Observatory

Significant events

• “Securing a new multi-year funding agreement with Creative Scotland including an uplift in core grant in Year 1, and further uplift indicated for Years 2 and 3.”
• “Interim Chair Akiko Koyabashi handed to Amanda Catto and Nick Sherrard, in a new co-chairing model for the Board of Collective.”
• “The Gardeners Cottage Ltd, parent company of The Lookout restaurant, went into compulsory liquidation, leaving us with a gap in revenues.”
• “Board put in place interim senior cover to support the Director in the busy run up to the Triennial opening on 19 July 2025.”

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

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

1

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

  +11.5%

  £348,617 → £388,777

• Cash

  -41.2%

  £271,310 → £159,560

• Net assets

  -35.6%

  £342,904 → £220,998

• Employees

  -4.8%

  21 → 20

• Wages

  +16.7%

  £310,706 → £362,594

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