NORTHAMPTONSHIRE MUSIC AND PERFORMING ARTS TRUST

• ◆

  5 officer resignations in last 12 months

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

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

• Turnover

  +17.8%

  £4,474,473 → £5,269,838

• Cash

  -49.4%

  £743,531 → £375,856

• Net assets

  -30.7%

  £1,308,702 → £907,238

• Employees

  +3.1%

  128 → 132

  highest in 3 filed years

• Wages

  +8.1%

  £3,785,892 → £4,092,860

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

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

Ellacotts Audit Services Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“After making appropriate enquiries, the Board of Trustees has a reasonable expectation that the Trust has adequate resources to continue in operational existence for the foreseeable future. For this reason, it continues to adopt the going concern basis in preparing the financial statements.”

Significant events

• “During the 2022/23 year, the Government launched an Investment Programme, for ongoing leadership of Music Hubs from 2024. This process lead to a reduction in the number of Hubs from 118 to 43. NMPAT was successful in its bid to remain the Hub Lead Organisation for Northamptonshire and Rutland.”
• “The Trust started the year with a budget that planned a small deficit. A number of factors came to light during the early part of the 2023/24 year that highlighted that this would not be achievable, and that the outcome would be a larger deficit than anticipated. a full organisational review was undertaken to identify areas where cost savings could be made, and eliminate areas of unnecessary cost. This significant piece of work was undertaken and completed over the Spring and Summer terms, resulting in a number of changes to the organisation to ensure financial stability in 2024/25 onwards.”

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

Filings

15

last 12 months

Capital events

0

last 24 months

Officers appointed

3

last 12 months

Officers resigned

5

last 12 months

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