PACE THEATRE COMPANY LIMITED

• ◆

  Outstanding charges registered

  One or more mortgages or charges remain undischarged on the Companies House register.

1. PACE THEATRE COMPANY LIMITED 1999-07-08 → present
2. PAISLEY ARTS CENTRE THEATRE IN EDUCATION LIMITED 1992-06-01 → 1999-07-08

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

Azets Audit Services

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“At 31st March 2025, the company's current assets exceeded its liabilities by £28,024 (2024 deficit £92,784). The company meets its day to day working capital requirements through the continuing support of its principal creditors. The financial statements have been prepared on a going concern basis which assumes that the company will continue in operational existence for the forseeable future. The budgets prepared for the financial year ending 31st March 2026 indicate that the company can achieve a surplus for that period and the post year end management accounts indicate that company is working broadly to budget. A fundraising committee has been raising additional funds in the current financial period and this will continue in future periods. The directors believe that it is appropriate for the financial statements to be prepared on a going concern basis. In their assessment, the directors have considered a period of more than one year from the date these accounts are being signed.”

Significant events

• “Exchange, a new theatre for young people, continues to be an important priority for the company. It has taken up much of our executive resources as we continue to seek funding to complete this important project. We have made good progress with the project however difficulties with the contractor going into administration has caused delays in getting current phases completed.”
• “PACE's 2024 pantomime, Aladdin, returned to Paisley Arts Centre as a co-production with Renfrewshire Council and achieved near sell-out success, featuring five professional actors supported by an ensemble of 100 youth theatre participants.”

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

  +11.5%

  £840,653 → £937,159

• Cash

  -43.7%

  £184,899 → £104,149

• Net assets

  +156.7%

  -£71,990 → £40,851

• Employees

  0%

  34 → 34

• Profit before tax

  +539%

  £17,659 → £112,841

• Wages

  -4%

  £468,566 → £449,975

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