SOUTHWEST ARTS AND MUSIC PROJECT
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2026-05-14
Overdue
Watchouts
Cash
£320K
+8.1% vs 2024
Net assets
£2M
+1.4% vs 2024
Employees
12
-7.7% vs 2024
Profit before tax
—
Period ending 2025-03-31
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Confirmation statement overdue
Due 2026-05-14.
-
4 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Turnover | £483,161 | £645,079 | |
| Operating profit | — | — | |
| Profit before tax | — | — | |
| Net profit | -£143,331 | £28,850 | |
| Cash | £296,386 | £320,248 | |
| Total assets less current liabilities | £2,130,409 | £2,159,259 | |
| Net assets | £2,130,409 | £2,159,259 | |
| Equity | £2,130,409 | £2,159,259 | |
| Average employees | 13 | 12 | |
| Wages | £288,340 | £273,850 |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Net margin | -29.7% | 4.5% | |
| Current ratio | 9.55x | 21.71x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- The Kelvin Partnership 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.”
Significant events
- “At the end of the financial year 24/25, the Board decided to review the whole operation, to ensure it was still fit for purpose and to prepare the organisation for the challenges that lie ahead. As I present this report, we have embarked on a process to ensure we continue to be a strong and sustainable organisation, that we will continue to develop our core functions further and seek to extend our range of activities and services to match not only the needs of out community, but its expectations.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 29 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| PELINE, Andrew | Secretary | 2006-12-05 | — | British |
| BROGAN, Pamela Claire | Director | 2021-02-10 | May 1995 | Scottish |
| GERRAND, Brian | Director | 2023-10-12 | Jul 1956 | British |
| HONAN, Jean Lamont | Director | 2017-11-30 | Jan 1952 | British |
| MITCHELL, Gerard | Director | 2017-05-15 | Jun 1972 | Scottish |
| RHODES, Dallas Peter | Director | 2022-09-03 | Jun 1962 | British |
Show 29 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ELLIOT, Neil | Secretary | 2003-02-25 | 2005-04-30 |
| KERR, Jim | Secretary | 2001-04-30 | 2002-08-19 |
| AITCHESON, Precilla | Director | 2023-10-12 | 2025-03-01 |
| ARMSTRONG, Mark Bruce | Director | 2001-04-30 | 2003-02-25 |
| BALDASSARA, Keith | Director | 2005-10-18 | 2009-12-01 |
| CAMERON, Hugh | Director | 2001-10-12 | 2002-08-19 |
| CAMPBELL, Colin Alexander | Director | 2001-12-04 | 2002-02-20 |
| DIMOND, Thomas | Director | 2010-02-01 | 2017-05-15 |
| DOHERTY, Samuel | Director | 2001-10-10 | 2005-04-30 |
| FLEMING, Colin | Director | 2005-10-18 | 2006-12-05 |
| GLASS, Alex | Director | 2017-05-15 | 2021-02-10 |
| GLEN, Joseph | Director | 2001-10-02 | 2006-12-09 |
| GOWRIE, Andrew | Director | 2001-10-10 | 2006-02-15 |
| HENDERSON, Rosemary | Director | 2001-04-30 | 2006-12-05 |
| KEARINS, Andrew | Director | 2005-04-30 | 2017-05-15 |
| LAMB, Peter Robert | Director | 2006-12-05 | 2012-05-22 |
| MCCRORY, Joseph | Director | 2012-09-18 | 2017-05-15 |
| MCEWAN, Nicholas Wright | Director | 2005-10-18 | 2006-12-05 |
| MCGOWAN, Peter Patrick | Director | 2006-12-05 | 2025-12-22 |
| MCPHEE, William | Director | 2001-10-01 | 2005-12-31 |
| MOONEY, Gerry, Professor | Director | 2023-10-12 | 2025-12-02 |
| PELINE, Andrew | Director | 2001-12-04 | 2002-09-18 |
| PETTIGREW, May | Director | 2006-12-05 | 2012-02-23 |
| RAMSAY, David | Director | 2023-10-12 | 2026-03-09 |
| RITCHIE, John Duncan | Director | 2001-04-30 | 2005-10-18 |
| SANDLAN, Vonnie Elizabeth | Director | 2023-10-12 | 2026-03-06 |
| SMITH, John Kerr | Director | 2001-10-01 | 2005-04-30 |
| TEMPLETON, Ryan | Director | 2007-05-12 | 2010-02-01 |
| WILSON, Alex | Director | 2017-05-15 | 2023-10-12 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 120 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-11 | TM01 | officers | Termination director company with name termination date | |
| 2026-05-11 | TM01 | officers | Termination director company with name termination date | |
| 2026-05-11 | TM01 | officers | Termination director company with name termination date | |
| 2026-05-11 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-15 | AA | accounts | Accounts with accounts type full | |
| 2025-05-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-03-07 | TM01 | officers | Termination director company with name termination date | |
| 2024-12-23 | AA | accounts | Accounts with accounts type total exemption full | |
| 2024-04-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-03-26 | AA | accounts | Accounts with accounts type full | |
| 2023-10-25 | AP01 | officers | Appoint person director company with name date | |
| 2023-10-25 | AP01 | officers | Appoint person director company with name date | |
| 2023-10-25 | AP01 | officers | Appoint person director company with name date | |
| 2023-10-25 | AP01 | officers | Appoint person director company with name date | |
| 2023-10-25 | TM01 | officers | Termination director company with name termination date | |
| 2023-10-25 | AP01 | officers | Appoint person director company with name date | |
| 2023-05-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-01-18 | AA | accounts | Accounts with accounts type total exemption full | |
| 2022-09-16 | AP01 | officers | Appoint person director company with name date | |
| 2022-06-21 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 4
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
+33.5%
£483,161 £645,079
-
Cash
+8.1%
£296,386 £320,248
-
Net assets
+1.4%
£2,130,409 £2,159,259
-
Employees
-7.7%
13 12
-
Wages
-5%
£288,340 £273,850
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