CAMPUS LIVING VILLAGES (BEDFORDSHIRE) UK LIMITED

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 101

Reporting scope

Standalone (parent only)

Auditor

Crowe U.K. LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Notwithstanding net current liabilities of £39.3m as at 30 June 2024 the financial statements have been prepared on a going concern basis which the directors consider to be appropriate for the following reasons. The company funds its property portfolio through intercompany loans. Day to day operational cash flows are funded through available cash reserves. The company continues to generate positive cash flows, with cash generated from operations of £1.5m in the year (30 June 2023: £2.9m). The directors have prepared cash flow forecasts for a period of 12 months from the date of approval of these financial statements. These indicate that, the company will have sufficient funds to meet its liabilities as they fall due for that period. The cash flow forecasts are dependent on CLV Finance UK Limited (a fellow group company) not seeking repayment of the amounts currently due by the company, which at 30 June 2024 amounted to £45.9m. CLV Finance UK Limited has indicated that it does not intend to seek repayment of these amounts for the period covered by the forecasts. As with any company placing reliance on other group entities for financial support, the directors acknowledge that there can be no certainty that this support will continue although, at the date of approval of these financial statements, they have no reason to believe that it will not do so. Consequently, the directors are confident that the company will have sufficient funds to continue to meet its liabilities as they fall due, for at least 12 months from the date of approval of the financial statements and have therefore prepared the financial statements on a going concern basis.”

Significant events

• “In November 2021 the company signed a 15% nomination agreement with the University of Bedfordshire for a three year term commencing in the 2021/22 academic year. This nomination agreement was increased further to 30% in July 2022 for a three year term commencing from the 2022/23 academic year.”
• “Wenlock property is currently being marketed for sale and not generated much income through the year.”

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

  -27.1%

  £5,326,000 → £3,882,000

• Cash

  -65.5%

  £1,213,000 → £419,000

• Net assets

  -31%

  -£15,912,000 → -£20,837,000

• Employees

  —

  Not reported

• Operating profit

  -92.2%

  £1,349,000 → £105,000

• Profit before tax

  -100.6%

  -£2,316,000 → -£4,645,000

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