PAUL MELLON CENTRE FOR STUDIES IN BRITISH ART(THE)
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Cash
£2.8m
+5.3% vs 2024
Net assets
£13m
+11.4% vs 2024
Employees
40
+5.3% vs 2024
Profit before tax
£1.4m
+30.3% vs 2024
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2025-06-30
| Metric | Trend | 2024-06-30 | 2025-06-30 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £375,908 | £246,259 | -34.5% | |
| Operating profit | — | — | — | |
| Profit before tax | £1,043,526 | £1,359,995 | +30.3% | |
| Net profit | £1,043,526 | £1,359,995 | +30.3% | |
| Cash | £2,695,985 | £2,838,794 | +5.3% | |
| Total assets less current liabilities | £12,124,949 | £13,438,277 | +10.8% | |
| Net assets | £11,942,949 | £13,302,944 | +11.4% | |
| Equity | £11,942,949 | £13,302,944 | +11.4% | |
| Average employees | 38 | 40 | +5.3% | |
| Wages | £1,844,936 | £2,149,336 | +16.5% | |
| Directors' remuneration | — | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-06-30 | 2025-06-30 |
|---|---|---|---|
| Gearing (liabilities / total assets) | 11.3% | 10.1% | |
| Current ratio | 7.68x | 8.60x |
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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.
Name history
Renamed 1 time since incorporation
- PAUL MELLON CENTRE FOR STUDIES IN BRITISH ART(THE) 1982-10-18 → present
- PAUL MELLON CENTRE FOR STUDIES IN BRITISH ART (LONDON) LTD (THE) 1970-06-25 → 1982-10-18
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Sayer Vincent LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on these reports, and the investment returns of the Centre's endowment, the Trustees expect the PMC will have adequate reserves and resources to continue its activities for the foreseeable future and to meet its obligations as they fall due.”
Significant events
- “The PMC has been furthering its work on embedding its strategic priorities, which were set in the previous financial year.”
- “The PMC has also actioned substantial governance work changes within this financial year, with three Board of Trustee meetings taking place, and the process of external recruitment for two new independent trustees. The new trustees joined the Board in the 25/26 financial year.”
- “The Archives & Library team also applied for Archive Service Accreditation (ASA). The ASA scheme... The application was successful and the Centre was formally awarded ASA on 20 November 2025.”
- “In May 2025 the British Art Studies team relaunched the journal with a new design and web platform.”
- “In autumn 2024, 294 applications were received, of which 65 were successful. The spring 2025 round of funding received 377 applications, of which 44 were successful.”
- “A highlight of the Centre's research programme in spring 2025 was the launch of the What Is Research Now? festival, which took place in its first iteration in May.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
10 active · 26 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| GIBBONS, Susan, Dr | Secretary | 2019-07-01 | — | — |
| BARRINGER, Timothy John, Professor | Director | 2024-08-28 | Aug 1965 | American |
| COOKE, JR, Edward | Director | 2024-08-23 | Dec 1954 | American |
| DROTH, Martina, Dr | Director | 2025-03-12 | Feb 1970 | German,American |
| EPSTEIN, Russell Andrew Martin | Director | 2024-08-28 | Nov 1969 | American |
| GIBBONS, Susan Lynn, Dr | Director | 2019-07-01 | Aug 1970 | American |
| KEMP, Sarah Georgia | Director | 2026-01-01 | Mar 1957 | British |
| LEWIS, Pericles Samuel Bruce, Professor | Director | 2024-07-01 | Sep 1968 | American |
| NAIRNE, Alexander Robert | Director | 2026-01-01 | Jun 1953 | British |
| WILKINSON, Steven Ian, Professor | Director | 2024-08-23 | Jul 1965 | British,American |
Show 26 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ALLEN, Brian Francis | Secretary | 1995-09-30 | 1997-02-18 |
| CLEMENT, Constance | Secretary | 2002-01-25 | 2002-08-01 |
| MCCAUGHEY, Arnold Patrick | Secretary | 1997-02-18 | 2001-06-30 |
| MEYERS, Amy | Secretary | 2003-02-21 | 2019-06-30 |
| ROBINSON, David Duncan | Secretary | — | 1995-09-30 |
| ALEXANDER, Bruce | Director | 2006-02-02 | 2006-02-02 |
| CULVER, Robert Loren | Director | 2002-01-25 | 2003-08-31 |
| FINNERTY, Michael | Director | — | 1992-09-30 |
| HAMILTON, Andrew, Dr | Director | 2005-02-09 | 2009-02-17 |
| HOCKFIELD, Susan | Director | 2003-02-21 | 2004-10-17 |
| KING, Shauna | Director | 2006-02-02 | 2015-08-31 |
| LAMAR, Howard Roberts | Director | 1992-10-01 | 1993-08-31 |
| LEVIN, Richard Charles | Director | 1993-09-01 | 2013-07-01 |
| MCCAUGHEY, Arnold Patrick | Director | 1996-02-27 | 2001-06-30 |
| MEYERS, Amy | Director | 2003-02-21 | 2019-06-30 |
| MULLINIX, Joseph P | Director | 1993-09-01 | 2000-08-01 |
| MURPHY, Stephen C | Director | 2016-02-15 | 2024-08-28 |
| PEPPER, John E | Director | 2004-02-02 | 2006-01-01 |
| POLAK, Benjamin | Director | 2013-02-18 | 2020-02-10 |
| RICHARD, Alison Fettes | Director | 1994-07-01 | 2003-01-01 |
| ROBINSON, David Duncan | Director | — | 1995-09-30 |
| RODIN, Judith | Director | 1992-10-01 | 1994-06-30 |
| SALOVEY, Peter | Director | 2009-02-17 | 2024-06-30 |
| SCHMIDT (JNR), Benno Charles | Director | — | 1992-06-30 |
| STROBEL, Scott A., Professor | Director | 2020-02-10 | 2024-08-23 |
| TURNER, Frank Miller | Director | — | 1992-06-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Ms Maurie Mcinnis | Individual | Appoints directors | 2024-07-01 | Active |
Filing timeline
Last 20 of 148 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-06-12 MA Memorandum articles
- 2024-06-12 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-29 | AA | accounts | Accounts with accounts type full | |
| 2026-02-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-01-12 | AP01 | officers | Appoint person director company with name date | |
| 2026-01-06 | AP01 | officers | Appoint person director company with name date | |
| 2025-04-15 | AA | accounts | Accounts with accounts type full | |
| 2025-03-26 | AP01 | officers | Appoint person director company with name date | |
| 2025-02-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-06 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-06 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-06 | AP01 | officers | Appoint person director company with name date | |
| 2024-09-04 | AP01 | officers | Appoint person director company with name date | |
| 2024-09-03 | AP01 | officers | Appoint person director company with name date | |
| 2024-09-03 | AP01 | officers | Appoint person director company with name date | |
| 2024-07-16 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-07-16 | PSC09 | persons-with-significant-control | Withdrawal of a person with significant control statement | |
| 2024-07-01 | TM01 | officers | Termination director company with name termination date | |
| 2024-07-01 | AP01 | officers | Appoint person director company with name date | |
| 2024-06-12 | MA | incorporation | Memorandum articles | |
| 2024-06-12 | RESOLUTIONS | resolution | Resolution | |
| 2024-03-29 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 2
- Officers resigned
- 0
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.