DESIGN DUNDEE LIMITED

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

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

Henderson Loggie LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“At the time of approving the financial statements, the directors are satisfied that the charitable company and group have adequate resources to continue in operational existence for the foreseeable future. Based on this and having regard to the resources available to the charitable company and group, the directors have concluded that there is no material uncertainty and that they can continue to adopt the going concern basis in preparing the annual report and financial statements.”

Group structure

1. DESIGN DUNDEE LIMITED · parent
   1. Design Dundee Enterprises Limited 100% · United Kingdom · running of the retail and online shop and receives commission income from the catering and events

Significant events

• “During 2024-25, the museum welcomed its 2 millionth visitor - an incredible achievement in a city of 150,000 residents, demonstrating that V&A Dundee has established itself as a major destination for the city.”
• “The museum welcomed its 2 millionth visitor in this year. General museum attendance and the major Kimono: Kyoto to Catwalk exhibition reached or exceeded targets. Visitor feedback and media coverage were strong and increasingly positive. Income across catering, retail, membership and on-site donations was all above target for the year.”
• “As we look forward to the museum's tenth year in 2028, we have started a bold programme to transform the Scottish Design Galleries. With support from the UK Government secured in 2024-25, we will look to raise further support to improve the wider visitor experience, ensuring that V&A Dundee remains dynamic and ambitious, deepening its impact in the city, in Scotland and around the world.”
• “In February 2025, the UK Government awarded £2.6 million to reimagine V&A Dundee's Scottish Design Galleries.”
• “Private fundraising was successful again this year, supported by the generosity of individual donors to enable key activities to proceed, including Shylight, the first large-scale moving installation in Locke Hall and the development work required to tour Tartan internationally.”
• “Corporate sponsorship was secured with Arnold Clark and the V&A Foundation for the major exhibition Kimono: Kyoto to Catwalk.”
• “Our self-generated income continued to show strong growth, driven by the success of our commercial partnerships and strong visitor footfall.”

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

Filings

8

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

3

last 12 months

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

• Turnover

  -2.3%

  £1,439,833 → £1,406,740

• Cash

  +62%

  £823,682 → £1,334,408

• Net assets

  +43.7%

  £1,244,622 → £1,788,857

• Employees

  -3%

  99 → 96

• Wages

  +13.6%

  £2,584,465 → £2,936,133

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