CENTREPOINT SOHO

• ◆

  3 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

Reporting scope

Consolidated group

Auditor

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Board believes that while uncertainty exists, scenario planning assures them that this does not pose a material uncertainty that would cast doubt on Centrepoint's ability to continue as a going concern.”

Group structure

1. CENTREPOINT SOHO · parent
   1. CP Trading Limited · England and Wales · organisation of fundraising events and activities
   2. The American Friends of Centrepoint · United States of America · fundraise on behalf of Centrepoint

Significant events

• “In 2021, Centrepoint set an ambitious goal to end youth homelessness by 2037.”
• “The Upstream pilot, an early intervention programme, was implemented in London and Manchester.”
• “Centrepoint's strategic partnership with Birmingham Pathfinder was strengthened during the year.”
• “Centrepoint undertook a strategic review of its supported housing portfolio to ensure it meets Service Standards.”
• “Centrepoint has driven improvements in its support model through the HOMES improvement programme and implementing improvements in line with Ofsted's framework for supported accommodation for 16 and 17-year-old looked after children.”
• “Centrepoint established new employment partnerships through its in-house jobs brokerage service.”
• “New partnerships were established to provide training opportunities for young people in emerging industries, including a technology and Artificial Intelligence (AI) curriculum.”
• “Centrepoint established a new multidisciplinary team for therapeutic services.”
• “In February 2024, Centrepoint launched a campaign to raise awareness of the scale and urgency of youth homelessness.”
• “Centrepoint secured an amendment to the Renters Rights Bill, introducing 'Stepping Stone Accommodation'.”
• “Centrepoint secured an amendment to the Children's Wellbeing and Schools Bill, removing the intentionality test for care leavers.”
• “Centrepoint's Youth Homelessness Databank 2023-24 report found that 118,134 young people faced homelessness, a 10% rise on the previous year.”
• “In October 2024, Centrepoint launched 'The Big Change Programme', a business transformation project aimed at increasing efficiency.”
• “An external occupational health and safety assurance audit was commissioned in autumn 2024.”
• “Centrepoint completed the necessary report and registration for ESOS Phase 3 compliance.”

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

2

last 12 months

Officers resigned

3

last 12 months

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

• Turnover

  +5.2%

  £60,012,000 → £63,162,000

• Cash

  -57.9%

  £26,750,000 → £11,254,000

• Net assets

  +9.3%

  £51,666,000 → £56,471,000

• Employees

  -2.4%

  588 → 574

• Operating profit

  -48.1%

  £7,772,000 → £4,036,000

• Profit before tax

  -37.1%

  £8,297,000 → £5,217,000

• Wages

  +15.1%

  £19,298,000 → £22,207,000

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