OUTBURST ARTS FESTIVAL

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

  -1.7%

  £18,676 → £18,356

• Cash

  +34.5%

  £148,992 → £200,464

• Net assets

  +4.5%

  £175,820 → £183,739

• Employees

  0%

  4 → 4

• Wages

  -6%

  £119,462 → £112,235

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

GMCG LISBURN

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“At the time of approving the financial statements, the directors have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”

Significant events

• “2024/25 was a landmark year for Outburst Arts, with advancements in partnership development and ambitious programming, along with significant new investment. The year also brought new challenges around changing team structure and external challenges via socio-political factors impacting across the sector.”
• “Our programming was bolstered significantly through Belfast City Council's Belfast 2024 initiative, supporting us to develop a multi-event project, Are You on The Bus?”
• “The project enabled us to partner with Paperxclips queer bookshop to move their premises from West Belfast to North Street, making it the first visibly queer business in Belfast City Centre. It also supported us in producing an innovative new audio commission, Disco Dykes, by acclaimed screenwriter Stacey Gregg, which reached online audiences across 18 countries.”
• “Due to unsuccessful results in the first half of the year with multi-annual funding bids and anticipated support from private trusts, we discontinued the Executive Director post in September 2024, as from its inception the budget for this role depended on multi-annual funding pursuit which had been unfruitful over two years. We engaged reserve funds to cover some essential team salary costs not already covered by our established streams, while strategically prioritising new fundraising and income generation approaches.”
• “Separately, were successful at the end of 2024 in our multi-annual application to Paul Hamlyn Foundation for their Art Fund, securing £250k in primarily core support across three years. This stabilised the core team and supported the organisation to have breathing space to look at a sustainable business strategy moving forward in a challenging climate.”

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

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

0

last 12 months

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