BRITISH OLYMPIC ASSOCIATION(THE)

• ◆

  4 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

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.

Accounting basis

FRS 102 (modified by IFRS 9 for financial instruments)

Reporting scope

Standalone (parent only)

Auditor

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“As described in Note 3 to the accounts, in addition to the normal sensitivity analysis around commercial outcomes, the Board has considered events that have occurred both before and after the balance sheet date, when determining whether there is a material uncertainty over the ability to continue as a going concern. The Directors have determined that the going concern basis remains appropriate.”

Group structure

1. BRITISH OLYMPIC ASSOCIATION(THE) · parent
   1. Team GB Limited 1% · England and Wales · dormant

Significant events

• “The Paris 2024 Olympic Games were a great success for Team GB. A total of 327 athletes represented Team GB at the Games. Team GB won 65 medals (14 gold, 22 silver and 29 bronze), equalling the tally from London 2012 and two behind the record total from Rio 2016 (67 medals)”
• “...officially Team GB's most successful winter event on record, with the team securing six medals in total: four gold medals, along with a silver and a bronze, to finish ninth overall in the medal table.”
• “The renewals were supplemented with three new partnership announcements during the year. Social media platform TikTok partnered with Team GB... whilst a further audio partnership was announced with Global”
• “Of the Company's existing partners, Aldi and adidas renewed their agreements through until Brisbane 2032. Since the turn of the year NatWest have also agreed an extension to their partnership with Team GB until 2028.”
• “Team GB House was located at the Pavillon d' Armenonville and was open daily during the Games. Around 6,400 people attended the House, including 324 athletes, 1,200 friends and family of athletes and 1,687 invited stakeholders.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

9

last 12 months

Capital events

0

last 24 months

Officers appointed

3

last 12 months

Officers resigned

4

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +119.6%

  £16,419,274 → £36,055,038

• Cash

  +40.4%

  £7,627,047 → £10,708,785

• Net assets

  +32.6%

  £11,623,362 → £15,407,625

• Employees

  +8.3%

  60 → 65

• Operating profit

  +79%

  £2,755,187 → £4,932,645

• Profit before tax

  +81.3%

  £2,794,109 → £5,064,769

• Wages

  +7.6%

  £4,764,851 → £5,129,176

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers