LONDON BUSINESS SCHOOL STUDENT ASSOCIATION

• ◆

  6 officer resignations in last 12 months

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

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

Crowe U.K. LLP (Alastair Lyon)

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 charitable 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

• “Launched a new inter-programme sports competition, Battle of the Streams, to foster cross-program unity, school spirit, and healthy competition, bringing together over 600 students across 10 sports.”
• “Strengthened incoming student support by introducing "Welcome to LBS" kick-off, Visa help panels, and Ask Me Anything sessions, which significantly increased the impact of cross-program mixers (+33% attendance over 2024 equivalent).”
• “Launched a school mascot, the LBS Lion, creating a unifying identity to strengthen school spirit across all programs, with official branded merchandise launched in collaboration with the LBS Store”
• “Partnered with the MBA Programme Office to introduce First-Year MBA Student Awards, a new recognition to celebrate student leadership, community contribution, and positive impact.”
• “Successfully stabilised Clubs' finances during a major system transition, rebuilding treasury guidelines, creating standardised budget and expense tracking templates for all clubs, and onboarding a dedicated SA Finance resource within the LBS Finance team.”
• “Rolled out ESG training guidelines for clubs, enhanced collaboration with LBS Sustainability, and strengthened partnership with Lexington Catering by collaborating on waste-reduction initiatives”
• “Launched the Distinguished Speaker Series in collaboration with LBS and revived and provided oversight of TEDXLBS, reinforcing the school's thought leadership and alumni engagement.”
• “Established the SA Dubai Chapter at LBS Dubai campus to strengthen global student body engagement, and organized multiple events including CEO speaker events.”

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

Filings

20

last 12 months

Capital events

0

last 24 months

Officers appointed

14

last 12 months

Officers resigned

6

last 12 months

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

• Turnover

  +14.9%

  £2,127,323 → £2,443,943

• Cash

  +39.6%

  £769,140 → £1,073,769

• Net assets

  -6.9%

  £730,333 → £680,272

• Employees

  —

  Not reported

• Operating profit

  +70.2%

  -£223,140 → -£66,448

• Profit before tax

  +70.2%

  -£223,140 → -£66,448

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