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V&A Dundee lost £1 1 million in first full year of trading

Updated: April 8, 2021, 1:41 pm © SYSTEM V&A Dundee’s chairman said high energy bills and visitors spending less than expected were among reasons for a £1.1 million loss before the pandemic hit. The deficit meant Design Dundee Limited, the charity established to develop and run the V&A, lost two-thirds of its value. The newly filed accounts show the design museum generated income of £6.23m but incurred costs of £7.34m in the year to the end of March 2020. The accounts are the first to reflect a full year of trading since the attraction opened in September 2018. Net assets fell from £1.67m in 2019 to £562,000 at the year end.

United kingdomVa dundee vadundeeTim allanLeonie bellLesley knoxClub cultureDesign dundeeDesign dundee limitedScottish governmentUnited kingdom exclusiveNight feverDesigning club cultureஒன்றுபட்டது கிஂக்டம்நேரம் ஆலன்லியோனி மணிலெஸ்லி நாக்ஸ்

V&A Dundee chairman explains £1 1 million loss in first full year of trading

V&A Dundee lost £1.1 million in first full year of trading © SYSTEM V&A Dundee’s chairman said high energy bills and visitors spending less than expected were among reasons for a £1.1 million loss before the pandemic hit. The deficit meant Design Dundee Limited, the charity established to develop and run the V&A, lost two-thirds of its value. The newly filed accounts show the design museum generated income of £6.23m but incurred costs of £7.34m in the year to the end of March 2020. The accounts are the first to reflect a full year of trading since the attraction opened in September 2018.

United kingdomTim allanLeonie bellLesley knoxDesign dundeePost thumbnailDesign dundee limitedScottish governmentOcean linersUnited kingdom exclusiveஒன்றுபட்டது கிஂக்டம்நேரம் ஆலன்லியோனி மணிலெஸ்லி நாக்ஸ்வடிவமைப்பு டண்டீவடிவமைப்பு டண்டீ வரையறுக்கப்பட்டவை

Last dance? Not likely as new V&A exhibition highlights how club culture is and always has been so important to Scots

Last dance? Not likely as new V&A exhibition highlights how club culture is and always has been so important to Scots
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New exhibition celebrating nightclub culture to mark V&A Dundee s reopening

New exhibition celebrating nightclub culture to mark V&A Dundee s reopening
eveningtelegraph.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from eveningtelegraph.co.uk Daily Mail and Mail on Sunday newspapers.

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Night fever: Exhibition explores the highs and lows of Scottish club culture

Night fever: Exhibition explores the highs and lows of Scottish club culture
heraldscotland.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from heraldscotland.com Daily Mail and Mail on Sunday newspapers.

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