THE ASPECT FOUNDATION FOR MUSIC AND ARTS
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-10-03 (in 5mo)
Last made up 2025-09-19
Watchouts
None on the register
Cash
£400K
+87.2% vs 2023
Net assets
£2M
+111.5% vs 2023
Employees
1
0% vs 2023
Profit before tax
—
Period ending 2024-12-31
Net assets
4-year trend · vs Consumer Discretionary median
Accounts
4-year trend · latest reflected 2024-12-31
| Metric | Trend | 2021-09-19 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|
| Turnover | — | — | £717 | £1,100 | |
| Operating profit | — | — | — | — | |
| Profit before tax | — | — | — | — | |
| Net profit | — | — | £358,613 | £1,310,948 | |
| Cash | — | — | £213,849 | £400,331 | |
| Total assets less current liabilities | — | — | £19,601,579 | £20,912,527 | |
| Net assets | — | — | £1,175,816 | £2,486,764 | |
| Equity | — | — | £1,175,816 | £2,486,764 | |
| Average employees | — | — | 1 | 1 | |
| Wages | — | — | — | — | |
| 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. About these numbers
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+53.4%
£717 £1,100
-
Cash
+87.2%
£213,849 £400,331
-
Net assets
+111.5%
£1,175,816 £2,486,764
-
Employees
0%
1 1
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2021-09-19 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|
| Gearing (liabilities / total assets) | — | — | 96.9% | 93.7% | |
| Current ratio | — | — | 3.84x | 9.38x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- Whitley Stimpson Limited
- 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. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Significant events
- “On 24 April 2025 the charity entered a contract with builders for £1,068,444 of capital works to be completed on the property.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| FRIEDMAN, Felix | Director | 2021-09-20 | Dec 1972 | American |
| JOHNSTON, Sebastian Lennox | Director | 2021-09-20 | Mar 1959 | British |
| KNASTER, Irina | Director | 2021-09-20 | Oct 1968 | British,American |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mrs Irina Knaster | Individual | Voting 25–50% | 2021-09-20 | Active |
| Mr Felix Friedman | Individual | Voting 25–50% | 2021-09-20 | Active |
| Mr Sebastian Lennox Johnston | Individual | Voting 25–50% | 2021-09-20 | Active |
Filing timeline
Last 10 of 10 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-10-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-16 | AA | accounts | Accounts with accounts type full | |
| 2024-09-27 | AA | accounts | Accounts with accounts type full | |
| 2024-09-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-06-20 | AA | accounts | Accounts with accounts type full | |
| 2022-10-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-09-30 | AA01 | accounts | Change account reference date company current extended | |
| 2021-09-20 | AA01 | accounts | Change account reference date company current shortened | |
| 2021-09-20 | NEWINC | incorporation | Incorporation company |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- 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.