SOUTHWEST ARTS AND MUSIC PROJECT
Get an alert when SOUTHWEST ARTS AND MUSIC PROJECT files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£196k
-38.6% lowest in 3 filed years
Net assets
£1.9m
-13.8% lowest in 3 filed years
Employees
14
+16.7% highest in 3 filed years
Profit before tax
-£298k
-1,132.7% vs 2025
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
4 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2026-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 | 2026-03-31 | Δ vs prior |
|---|---|---|---|---|---|
| Total income | £483,161 | £645,079 | £464,921 | -27.9% | |
| Operating profit | — | £28,850 | -£297,930 | -1,132.7% | |
| Profit before tax | — | £28,850 | -£297,930 | -1,132.7% | |
| Net profit | -£143,331 | £28,850 | -£297,930 | -1,132.7% | |
| Cash | £296,386 | £320,248 | £196,499 | -38.6% | |
| Total assets less current liabilities | £2,130,409 | £2,159,259 | £1,861,329 | -13.8% | |
| Net assets | £2,130,409 | £2,159,259 | £1,861,329 | -13.8% | |
| Equity | £2,130,409 | £2,159,259 | £1,861,329 | -13.8% | |
| Average employees | 13 | 12 | 14 | +16.7% | |
| Wages | £288,340 | £273,850 | £342,068 | +24.9% | |
| Directors' remuneration | £4,000 | £71,000 | £69,248 | -2.5% |
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 | 2024-03-31 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|---|
| Operating margin | — | 4.5% | -64.1% | |
| Net margin | -29.7% | 4.5% | -64.1% | |
| Return on capital employed | — | 1.3% | -16.0% | |
| Gearing (liabilities / total assets) | 1.5% | 0.8% | 1.0% | |
| Current ratio | 9.55x | 21.71x | 12.86x | |
| Interest cover | — | 60.74x | — |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- The Kelvin Partnership Ltd
- 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 12 months from when the financial statements are authorised for issue.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 29 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| PELINE, Andrew | Secretary | 2006-12-05 | — | British |
| BROGAN, Pamela Claire | Director | 2021-02-10 | May 1995 | Scottish |
| GERRAND, Brian | Director | 2023-10-12 | Jul 1956 | British |
| HONAN, Jean Lamont | Director | 2017-11-30 | Jan 1952 | British |
| MITCHELL, Gerard | Director | 2017-05-15 | Jun 1972 | Scottish |
| RHODES, Dallas Peter | Director | 2022-09-03 | Jun 1962 | British |
Show 29 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ELLIOT, Neil | Secretary | 2003-02-25 | 2005-04-30 |
| KERR, Jim | Secretary | 2001-04-30 | 2002-08-19 |
| AITCHESON, Precilla | Director | 2023-10-12 | 2025-03-01 |
| ARMSTRONG, Mark Bruce | Director | 2001-04-30 | 2003-02-25 |
| BALDASSARA, Keith | Director | 2005-10-18 | 2009-12-01 |
| CAMERON, Hugh | Director | 2001-10-12 | 2002-08-19 |
| CAMPBELL, Colin Alexander | Director | 2001-12-04 | 2002-02-20 |
| DIMOND, Thomas | Director | 2010-02-01 | 2017-05-15 |
| DOHERTY, Samuel | Director | 2001-10-10 | 2005-04-30 |
| FLEMING, Colin | Director | 2005-10-18 | 2006-12-05 |
| GLASS, Alex | Director | 2017-05-15 | 2021-02-10 |
| GLEN, Joseph | Director | 2001-10-02 | 2006-12-09 |
| GOWRIE, Andrew | Director | 2001-10-10 | 2006-02-15 |
| HENDERSON, Rosemary | Director | 2001-04-30 | 2006-12-05 |
| KEARINS, Andrew | Director | 2005-04-30 | 2017-05-15 |
| LAMB, Peter Robert | Director | 2006-12-05 | 2012-05-22 |
| MCCRORY, Joseph | Director | 2012-09-18 | 2017-05-15 |
| MCEWAN, Nicholas Wright | Director | 2005-10-18 | 2006-12-05 |
| MCGOWAN, Peter Patrick | Director | 2006-12-05 | 2025-12-22 |
| MCPHEE, William | Director | 2001-10-01 | 2005-12-31 |
| MOONEY, Gerry, Professor | Director | 2023-10-12 | 2025-12-02 |
| PELINE, Andrew | Director | 2001-12-04 | 2002-09-18 |
| PETTIGREW, May | Director | 2006-12-05 | 2012-02-23 |
| RAMSAY, David | Director | 2023-10-12 | 2026-03-09 |
| RITCHIE, John Duncan | Director | 2001-04-30 | 2005-10-18 |
| SANDLAN, Vonnie Elizabeth | Director | 2023-10-12 | 2026-03-06 |
| SMITH, John Kerr | Director | 2001-10-01 | 2005-04-30 |
| TEMPLETON, Ryan | Director | 2007-05-12 | 2010-02-01 |
| WILSON, Alex | Director | 2017-05-15 | 2023-10-12 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 125 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-27 | AA | accounts | Accounts with accounts type full | |
| 2026-07-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-07-01 | RP01AP01 | officers | Replacement filing of director appointment with name | |
| 2026-06-30 | AP01 | officers | Appoint person director company with name date | |
| 2026-06-19 | AP01 | officers | Appoint person director company with name date | |
| 2026-05-11 | TM01 | officers | Termination director company with name termination date | |
| 2026-05-11 | TM01 | officers | Termination director company with name termination date | |
| 2026-05-11 | TM01 | officers | Termination director company with name termination date | |
| 2026-05-11 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-15 | AA | accounts | Accounts with accounts type full | |
| 2025-05-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-03-07 | TM01 | officers | Termination director company with name termination date | |
| 2024-12-23 | AA | accounts | Accounts with accounts type total exemption full | |
| 2024-04-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-03-26 | AA | accounts | Accounts with accounts type full | |
| 2023-10-25 | AP01 | officers | Appoint person director company with name date | |
| 2023-10-25 | AP01 | officers | Appoint person director company with name date | |
| 2023-10-25 | AP01 | officers | Appoint person director company with name date | |
| 2023-10-25 | AP01 | officers | Appoint person director company with name date | |
| 2023-10-25 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 10
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 4
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.