CUMBERLAND LODGE

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

Haysmac LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the Trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. CUMBERLAND LODGE · parent
   1. Cumberland Lodge Enterprises Limited 100% · UK · provides conference facilities for professional bodies, charities and other organisations

Significant events

• “The year 2023-24 was one of transformation for the Cumberland Lodge Programme, led by a new team with backgrounds and expertise in education, research, and youth work.”
• “Launch of flagship three-year Youth & Democracy project.”
• “Held first Youth Arts Takeover, bringing young people from Slough and East London to the Lodge.”
• “International Student Christmas Conference and Life Beyond the PhD ran once again, welcoming 56 students from 29 countries and 22 universities, and 37 doctoral students from 18 universities respectively.”
• “Welcomed over 9,000 guests, including more than 3,000 university students for study retreats, six weekend events for the Inns of Court involving 500 people, and more than 1,800 attendees across 50 medical groups.”
• “Four new Trustees joined: Professor Tom Crick MBE, Abby Guthkelch, Eugene Huang, and Dr Patrina Law.”
• “Outgoing Chief Executive, Ed Newell, stewarded work for 11 years and oversaw new strategy development, moved on in August.”
• “Mike Durham stepped in as Interim CEO.”
• “Fergus Drake OBE welcomed as new Chief Executive in autumn.”
• “The Rt Hon. The Baroness (Usha) Prashar CBE stepped down as Chair in October 2024.”
• “John Lotherington appointed as Chairman, 1 November 2024.”

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

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

2

last 12 months

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

• Turnover

  +7%

  £3,017,330 → £3,229,517

• Cash

  -11.5%

  £277,147 → £245,351

• Net assets

  +1.1%

  £4,990,732 → £5,045,531

• Employees

  +16.7%

  48 → 56

• Profit before tax

  -238.1%

  £134,360 → -£185,555

• Wages

  +19.3%

  £1,266,903 → £1,510,823

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