THE CAMBRIDGE UNION SOCIETY

• ◆

  5 officer resignations in last 12 months

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

1. THE CAMBRIDGE UNION SOCIETY 2009-12-14 → present
2. CAMBRIDGE UNION SOCIETY LIMITED 2009-11-30 → 2009-12-14

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

Streets Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“the trustees have a reasonable expectation that the group has adequate resources to continue in operational existence for the foreseeable future. For this reason, the trustees continue to adopt the going concern basis in preparing the financial statements.”

Group structure

1. THE CAMBRIDGE UNION SOCIETY · parent
   1. Cambridge Union Society Enterprises Limited 100% · UK · Trading activities of the Union

Significant events

• “The Union was subject to two large, organised protests during the year, both hoping to stop events and curtail free speech but events went ahead as planned on both cases.”
• “The major risk moving forward is for CUSEL to return the investment made in the Orator and build on that to provide long term revenue to the charity.”
• “The historic elements of the building and its infrastructure remain a risk which is managed with an improving estate plan and maintenance system.”
• “High utility costs present an ongoing challenge. The predicted rise in utility costs has been managed as the Union benefited from changing utility contracts and acquiring fixed priced contracts until 2025 during the year and before prices rose to their maximum.”
• “The ongoing cyber risk and threat to information systems is taken seriously. The Union meets cyber essential standards through its IT and systems providers whilst cyber insurance is also in place.”
• “A good relationship between the Trustees and the student officers is essential to the good running of the Union and has therefore been identified as an important risk to the charity.”

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

Filings

12

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

5

last 12 months

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

• Turnover

  +4.8%

  £2,362,229 → £2,474,951

• Cash

  -73.9%

  £338,497 → £88,412

• Net assets

  +13.7%

  £8,828,136 → £10,034,881

• Employees

  0%

  44 → 44

• Operating profit

  -98.8%

  -£113,774 → -£226,220

• Wages

  +14.1%

  £969,297 → £1,105,553

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