BAG BOOKS

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

Standalone (parent only)

Auditor

Wyatts

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The accounts have been prepared on a going concern basis. Having carried out a detailed review of the Charity's resources and the challenges presented by the current economic climate, the trustees are satisfied that the Charity has sufficient cash flows to meet its liabilities as they fall due for at least one year from the date of approval of the accounts.”

Significant events

• “2024 was a year of both challenge and progress for Bag Books. We faced rising costs and an increasingly competitive funding environment, ending the year with a deficit largely driven by pressure on core costs and a decline in income from trusts and corporate donors.”
• “Our book sales held firm, even as special school budgets tightened, demonstrating the enduring value of our multi-sensory stories to frontline educators and care providers.”
• “Our Sensory Stories in Schools programme continued to grow, and we secured National Lottery Awards for All funding to develop a new range of wipe-clean stories for hospices and other clinical settings.”
• “Our third year of collaboration with the World Book Day charity saw our sensory resources distributed to every school in the UK.”
• “We developed a bespoke commissioned story, Riley and the Magic River, for the North York Moors National Park's Ryevitalise programme, accompanied by inclusive storytelling training for local staff.”
• “We completed a brand refresh in 2024 and are preparing to launch a new website and digital resource hub in 2025, enabling easier access to our books, guidance, and training across the UK and beyond.”
• “We are pleased to formally acknowledge a grant of £20,000 from The Foyle Foundation, awarded in late 2023. This vital core funding made a significant contribution to our work in 2024.”
• “In early 2025, multi-year support from both the National Lottery Community Fund and the City Bridge Foundation was confirmed, critical to sustaining and scaling our work.”
• “Michael Davies was recruited to join our board at the end of year.”
• “We extended our lease to May 2026 while actively searching for new premises.”
• “We completed a full brand refresh. Our new visual identity and website - launching in 2025 - will make it easier for families, carers and professionals to access our stories, training and free resources.”

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

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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

• Turnover

  +37.8%

  £42,328 → £58,338

• Cash

  -53%

  £210,634 → £99,040

• Net assets

  -36.6%

  £242,374 → £153,691

• Employees

  0%

  8 → 8

• Profit before tax

  -46.3%

  -£60,611 → -£88,683

• Wages

  +4%

  £197,372 → £205,331

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers