How much does Old Chapel Music CIC make?

Old Chapel Music CIC reported revenue of £159k and a loss of £1.8k in the year to 31 Oct 2025, according to its accounts filed at Companies House.

How many employees does Old Chapel Music CIC have?

Old Chapel Music CIC reported an average of 1 employee in the year to 31 Oct 2025.

Is Old Chapel Music CIC profitable?

No — Old Chapel Music CIC reported a loss of £1.8k in the year to 31 Oct 2025.

Company No. 06403367 · Incorporated 18 Oct 2007

Old Chapel Music CIC

Registered name: OLD CHAPEL MUSIC CIC

Part of Leeds Music Trust group

Old Chapel Music CIC made £159k revenue and a £1.8k loss in the year to 31 Oct 2025.

Old Chapel Music CIC’s revenue grew 17% to £159k in the year to 31 Oct 2025, with a loss of £1.8k and 1 employee. The company is classified under “support activities to performing arts” and is based in Leeds; we hold 2 years of its filed accounts.

Full P&L filedSection R · Arts, entertainment and recreationSIC 90020Support activities to performing arts

Status: Active
Location: Leeds, Yorkshire and The Humber
Age: 19 yrs · since 2007
Type: Community Interest Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 31 Oct 2025

Key figures

Small teamCapital-lightDoing more with less

Revenue

£159k

Growth ▲17.4%

Profit

−£1.8k

Growth —

Profit margin

−1.1%

Gross 52%

Employees

Change ▼75%

Profit / employee

−£1.8k

Revenue/employee £159k

Profitable streak

0yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Oct 2024	31 Oct 2025
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£135k	£159k
Cost of sales	£41.8k	£76.2k
Gross profit	£93.4k	£82.5k
Operating profit	−£7.6k	−£1.8k
Profit before tax	−£7.6k	−£1.8k
Profit after tax	−£7.2k	−£1.8k
Profit (best available)	−£7.2k	−£1.8k
Employees (average)	4	1
Ratios
Profit margin	−5.3%	−1.1%
Gross margin	69.1%	52%
Revenue per employee	£33.8k	£159k
Profit per employee	−£1.8k	−£1.8k
Growth (year on year)
Revenue growth	—	▲17.4%
Headcount growth	—	▼75%
Balance sheet — indirect signals, not revenue
Cash at bank	£33.1k	£20.1k
Net assets	£16.4k	£14.7k
Fixed assets	£0	£0
Current assets	£45k	£24.3k
Debtors	£11.2k	£1.9k
Deferred income	£0	£0
Source	FullAccounts · bulk data Jul 2026	FullAccounts · bulk data Jul 2026

Derived from the latest filing

How the business works

Profit margin: −1.1%; Profit ÷ revenue.
Gross margin: 52%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £159k; Revenue ÷ average employees.
Profit per employee: −£1.8k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 1.2%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: ▼11%; Now £14.7k
Cash at bank: ▼39%; Now £20.1k
Headcount: ▼75%; Now 1
Deferred income: —; Now £0
Fixed assets: —; Now £0

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Leeds Music Trustultimate parent75–100%
Old Chapel Music CICthis company

Bands show the share of ownership each company holds in the one below it.

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Oct 2025 (profit −£1.8k), from the Companies House accounts bulk data published Jul 2026. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.