LUTON TOWN FOOTBALL CLUB 2020 LTD

1. LUTON TOWN FOOTBALL CLUB 2020 LTD 2008-01-08 → present
2. TAYVIN 375 LIMITED 2007-03-01 → 2008-01-08

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

RSM UK Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' 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 company'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.”

Significant events

• “The board continued their investment into the Power Court development project. It is felt that the construction of a new stadium and surrounding development is key to the long term success of the group as well as the prosperity of the local area.”
• “The board have also invested in the Academy as it continues to pursue EPPP 2 category status and plans to significantly improve the facilities over the next ear. As well as the potential benefit to the club of developing young talent for the senior squad, this also provides aspiration and encouragement to young people in the local area.”
• “The board took the decision to acquire the historic Mill Yard site in the heart of Luton's cultural scene. This has secured the future of the town's much loved 'The Bear Club' in its current location and format which was considered very important in the wider context of the board's commitment to the regeneration of Luton's town centre.”

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

Filings

7

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

1

last 12 months

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

• Turnover

  -49.5%

  £132,321,856 → £66,823,168

• Cash

  -18%

  £1,639,954 → £1,344,464

• Net assets

  +51.6%

  £27,620,909 → £41,884,420

• Employees

  +7.5%

  530 → 570

• Operating profit

  -64.9%

  £48,882,815 → £17,147,134

• Profit before tax

  -63.9%

  £49,467,297 → £17,874,405

• Wages

  -30.5%

  £49,668,063 → £34,539,396

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