THE ROYAL ACADEMY OF ARTS
ActiveKey figures
† THE ROYAL ACADEMY OF ARTS filed these accounts on paper, so Companies House publishes them only as a scanned image. The figures for the years marked † were read automatically from the scan and kept only where the statements add up (for example net assets equal total equity), but a reading error is still possible — check the original accounts at Companies House.
Ratios
2024/25Sector comparison
SIC 91020Where the company stands among the 864 active companies whose first SIC code is 91020 (Museums activities).
- THE ROYAL ACADEMY OF ARTS£85.9m
- THE HORNIMAN PUBLIC MUSEUM AND PUBLIC PARK TRUST£56.1m
- HARLOW ART TRUST£47.9m
- IRONBRIDGE GORGE MUSEUM TRUST LIMITED£46.4m
- PALLANT HOUSE GALLERY£45.8m
- BEAMISH MUSEUM£40m
- THE TANK MUSEUM LIMITED£29.8m
- DEEP-SEA LEISURE PLC£28m
- THE POWELL-COTTON TRUST£27.3m
- LONDON TRANSPORT MUSEUM LIMITED£26.7m
Positions are approximate. Figures come from each company's latest accounts; money and employee figures are compared only with companies that filed accounts in pounds for a period ending in the last two and a half years and are not dormant, so those groups are smaller than 864. The line on each bar marks the median.
Summary: THE ROYAL ACADEMY OF ARTS
What kind of company is it?
THE ROYAL ACADEMY OF ARTS is a private company limited by guarantee registered with Companies House under company number 06298947. It was incorporated on 2 Jul 2007. Its status is active. The registered office is in London (W1J). Its nature of business (SIC 2007) is museums activities (91020).
How is the company doing financially?
The latest accounts in the database are for 2024/25 (period ending 31 Aug 2025); the company files group accounts. Turnover was £37,128,000. Net assets were £85,850,000, down 4.3% on the previous year. Cash at bank and in hand was £4,269,000. Total assets were £101,397,000 and total liabilities £16,108,000. Figures are available for 2 financial years (2023/24–2024/25).
How does it compare with similar companies?
Compared with 864 active companies whose first SIC code is 91020: By turnover it ranks higher than 97% of the 70 that publish turnover (median £1,048,727). By net assets it ranks higher than 99% of them (median £43,012). By total assets it ranks higher than 99% of them (median £86,121). By cash it ranks higher than 96% of them (median £77,512). It is older than 51% of them (median age 18.8 years).
What do public registers and reports show?
It is a registered charity (number 1125383) with a latest reported income of £37.1m. It appears on the Home Office register of licensed sponsors (Creative Worker, Skilled Worker). HMRC lists it as an importer of goods, mainly precious metals and jewellery, printed matter, glass. HMRC lists it as an exporter of goods, mainly art and antiques, printed matter, leather goods and bags. In its latest payment practices report it took an average of 13 days to pay suppliers, and 19% of invoices were not paid within agreed terms. Its gender pay gap report for 2025/26 shows median hourly pay for women 1% lower than for men. It has modern slavery statements on the government registry for 6 years.
When are its next filings due?
The next accounts are due by 31 May 2027. The next confirmation statement is due by 7 Jul 2027.
Filed accounts2023/24–2024/25
| 2023/24 † | 2024/25 † | |
|---|---|---|
| Turnover | — | 37,128,000 |
| Cash at bank and in hand | 4,707,000 | 4,269,000 |
| Total assets | 104,435,000 | 101,397,000 |
| Total liabilities | 15,740,000 | 16,108,000 |
| Net assets / total equity | 89,706,000 | 85,850,000 |
A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.
Statutory reporting
- Average time taken to pay invoices
- 13 days
- Invoices not paid within agreed terms
- 19%
- Member of a payment code
- No
- Within 30 days 97%
- 31 to 60 days 3%
- After 60 days 0%
Earlier periods (7)
- Period ending
- Days to pay
- Within 30 days
- Late
- 31 Aug 2025
- 13
- 98%
- 49%
- 28 Feb 2025
- 15
- 97%
- 44%
- 31 Aug 2024
- 13
- 99%
- 44%
- 29 Feb 2024
- 12
- 97%
- 51%
- 31 Aug 2023
- 18
- 95%
- 43%
- 28 Feb 2023
- 14
- 96%
- 34%
- 31 Aug 2022
- 19
- 96%
- 31%
- Median hourly pay
- women 1% lower
- Mean hourly pay
- women 2% lower
- Employer size
- 250 to 499 employees
Earlier years (8)
- Year
- Median hourly pay
- Mean hourly pay
- 2024/25
- women 3% higher
- women 4% lower
- 2023/24
- women 1% lower
- women 5% lower
- 2022/23
- women 1% higher
- women 5% lower
- 2021/22
- women 2% higher
- women 4% lower
- 2020/21
- women 2% higher
- women 7% lower
- 2019/20
- women 1% higher
- women 5% lower
- 2018/19
- women 1% higher
- women 10% lower
- 2017/18
- women 1% lower
- women 14% lower
A positive gap means women's average hourly pay is lower than men's across the whole employer; it is not a comparison of pay for the same work. View on the Gender pay gap service
- 2026
- Statement · summary on GOV.UK · group statement
- 2025
- Statement · summary on GOV.UK · group statement
- 2023
- Statement · summary on GOV.UK · group statement
Earlier years (3)
- 2022
- Statement · summary on GOV.UK · group statement
- 2021
- Statement · summary on GOV.UK · group statement
- 2020
- Statement · summary on GOV.UK · group statement
Figures the company reported itself to the government's Check payment practices service, Gender pay gap service and Modern slavery statement registry (Open Government Licence v3.0). Only large companies and employers with 250 or more staff have to report, so most companies have nothing here.
Registers and licences
- Registered with the Charity Commission
- 6 Aug 2008
- Income, year to 31 Aug 2025
- £37.1m
- Spending
- £40.7m
On 1 September 2009, all the assets, net liabilities and undertakings of the Royal Academy of Arts, charity number 212798, were transfered to The Royal Academy of Arts, charity number 1125383, company number 6298947.From 1 September 2009 therefore, the activities of The Royal Academy of Arts, chari…
- Licence type and rating
- Temporary Worker (A rating), Worker (A rating)
- Routes
- Creative Worker, Skilled Worker
On the Home Office register of licensed sponsors, which lists organisations licensed to sponsor workers from overseas.
Listed by HMRC as an importer of goods in 12 of the last 12 months on record, most recently August 2026. Main goods: precious metals and jewellery, printed matter, glass, paper and paperboard and art and antiques.
Listed by HMRC as an exporter of goods in 11 of the last 12 months on record, most recently August 2026. Main goods: art and antiques, printed matter, leather goods and bags, wood and iron and steel articles.
From HMRC's monthly lists of importers and exporters. Traders can ask to be left off the lists, so absence does not mean a company does not trade.
Sources: Charity Commission for England and Wales, Care Quality Commission, Home Office and HM Revenue & Customs, under the Open Government Licence v3.0. Entries marked ‡ come from lists that do not state a company number and were linked by an exact match on the registered name.
History
3 events- Financial year 2024/25 endedAccounts: turnover £37.1m, net assets £85.9m
- Financial year 2023/24 endedAccounts: net assets £89.7m
- Company incorporatedPrivate company limited by guarantee
Dates as recorded at Companies House: incorporation, name changes, officer appointments and resignations, current persons with significant control, and the end of each financial year with figures in the database. Former persons with significant control are not listed.