Central Hall Westminster has announced a record turnover of over £7m for its 2015/16 financial year, ending August 2016.
Central Hall attributes much of this success to investments in new technical installations at the venue and an increase in the number of enquiries from clients looking to hire the whole venue. These include PIXL, the largest partnership network of schools in England and Wales, and the BBC New Year’s Eve concert, which has been held for the last three years at Central Hall.
The latest financial results have prompted the venue to expand its team.
MD Paul Southern says: “We are delighted to have experienced such a strong financial year. The team at Central Hall have been working hard to help drive new business opportunities. We have invested in a number of marketing campaigns and new technical installations to help develop our event offering over the past year and as a result, have seen some fantastic results.
“As well as seeing an increased interest from Chinese businesses, this year we have also expanded our concert offering at the venue and hope to grow this area of the business over the next year.”
Central Hall is a not-for-profit organisation and has provided £1.2m for its trustees to support charities, including the St Vincent’s Family Project (SVFP), which supports young families living in Westminster.
Central Hall Westminster is central London’s largest purpose built conference centre and offers 22 event spaces including the Library and Lecture Hall, with capacity for 1,100 delegates.