STOREY'S FIELD COMMUNITY TRUST

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

PEM Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“These accounts have been prepared under the going concern basis as the Trustees have received confirmation that the University of Cambridge intends to support the company for at least one year after these Financial Statements are signed.”

Significant events

• “The founding members of the Storey's Field Trust were Cambridge City Council and the University of Cambridge. The City Council gave notice that it intended to withdraw its membership of the Trust in order to focus its community centre activities elsewhere across the city. The two organizations worked closely with the Trustees over a 12-18 month period to secure a smooth transition to the sole membership of the University. The withdrawal took effect on 1 April 2025 with a deed of termination to the original Joint Venture agreement, revised Articles of Association and an agreed Community Access Agreement that provides for the future use and activity of the Storey's Field Centre.”
• “The Service Agreement between the Trust and the City Council that provided City Council staff to the Centre was terminated in June 2025 when all of the existing Centre staff transferred employment to the University. The change in Membership of the Trust did not affect bookings, use of the Centre, or the staffing levels, and was designed to be an entirely 'behind-the-scenes' activity.”
• “It has been an exceptional year with the change of Trust membership which involved a re-valuation of assets, putting the Centre building at a £Nil value, resulting in a leasehold impairment of £800k.”

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

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

1

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

  +16.5%

  £152,739 → £177,877

• Cash

  +93.5%

  £59,221 → £114,603

• Net assets

  -102.1%

  £742,965 → -£15,294

• Employees

  —

  Not reported

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