CUMBERLAND LODGE

Company limited by guarantee

Company Registration Number:
05383055 (England and Wales)

Unaudited statutory accounts for the year ended 31 August 2025

Period of accounts

Start date: 1 September 2024

End date: 31 August 2025

CUMBERLAND LODGE

Contents of the Financial Statements

for the Period Ended 31 August 2025

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

CUMBERLAND LODGE

Directors' report period ended 31 August 2025

The directors present their report with the financial statements of the company for the period ended 31 August 2025

Principal activities of the company

Originally set up in 1947, Cumberland Lodge has as its objects: To advance education of the public, in particular British, Commonwealth and overseas students in accordance with the principles of the Christian faith with particular reference to: the nature of human life in society; the relationship between Christian theology and philosophy and alternative religious and secular beliefs; the inter-relationship of various academic disciplines and their practical relevance.



Directors

The directors shown below have held office during the whole of the period from
1 September 2024 to 31 August 2025

Mr John Lotherington
Professor Tom Crick
Mrs Jane Furniss
Abby Guthkelch
Stephen Harvey
Eugene Huang
David Issac
Patrina Law
David Matthews
Jayaprakasa Rangaswami
Ingrid Tennessee


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
23 April 2026

And signed on behalf of the board by:
Name: Mr John Lotherington
Status: Director

CUMBERLAND LODGE

Profit And Loss Account

for the Period Ended 31 August 2025

2025 2024


£

£
Turnover: 3,036,995 3,229,517
Cost of sales: ( 3,610,914 ) ( 3,415,072 )
Gross profit(or loss): (573,919) (185,555)
Operating profit(or loss): (573,919) (185,555)
Interest receivable and similar income: 240,354
Interest payable and similar charges: ( 122,792 )
Profit(or loss) before tax: (696,711) 54,799
Profit(or loss) for the financial year: (696,711) 54,799

CUMBERLAND LODGE

Balance sheet

As at 31 August 2025

Notes 2025 2024


£

£
Fixed assets
Tangible assets: 3 849,917 912,914
Investments: 4 3,825,552 4,202,633
Total fixed assets: 4,675,469 5,115,547
Current assets
Stocks: 5 15,008 20,659
Debtors: 6 176,257 421,052
Cash at bank and in hand: 327,468 245,351
Total current assets: 518,733 687,062
Creditors: amounts falling due within one year: 7 ( 844,372 ) ( 757,078 )
Net current assets (liabilities): (325,639) (70,016)
Total assets less current liabilities: 4,349,830 5,045,531
Total net assets (liabilities): 4,349,830 5,045,531
Members' funds
Profit and loss account: 4,349,830 5,045,531
Total members' funds: 4,349,830 5,045,531

The notes form part of these financial statements

CUMBERLAND LODGE

Balance sheet statements

For the year ending 31 August 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 23 April 2026
and signed on behalf of the board by:

Name: David Matthews
Status: Director

The notes form part of these financial statements

CUMBERLAND LODGE

Notes to the Financial Statements

for the Period Ended 31 August 2025

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

CUMBERLAND LODGE

Notes to the Financial Statements

for the Period Ended 31 August 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 55 56

CUMBERLAND LODGE

Notes to the Financial Statements

for the Period Ended 31 August 2025

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 September 2024 3,445,138 1,686,900 37,880 5,169,918
Additions 58,485 42,347 100,832
Disposals ( 37 ) ( 37 )
Revaluations
Transfers
At 31 August 2025 3,503,623 1,729,210 37,880 5,270,713
Depreciation
At 1 September 2024 2,743,930 1,475,194 37,880 4,257,004
Charge for year 104,175 65,109 169,284
On disposals ( 5,492 ) ( 5,492 )
Other adjustments
At 31 August 2025 2,848,105 1,540,303 32,388 4,420,796
Net book value
At 31 August 2025 655,518 188,907 5,492 849,917
At 31 August 2024 701,208 211,706 0 912,914

CUMBERLAND LODGE

Notes to the Financial Statements

for the Period Ended 31 August 2025

4. Fixed assets investments note

Cumberland Lodge invests its surplus cash in ethical investment funds, seeking to produce the best financial return within an acceptable level of risk. The investment objective for the long term is to generate a return in excess of inflation whilst generating an income to support the ongoing activities of Cumberland Lodge. The investment objective for the short term is to preserve the capital value with a moderate level of risk. Assets should be readily available to meet unanticipated cash requirements. Investment performance is reported to the Board and is monitored by the Trustee group as a whole. While the performance of our invested funds has been below expectations during the period, the Trustees are working closely with our investment advisors to review the portfolio and evaluate potential actions to strengthen performance.

CUMBERLAND LODGE

Notes to the Financial Statements

for the Period Ended 31 August 2025

5. Stocks

2025 2024
£ £
Stocks 15,008 20,659
Total 15,008 20,659

CUMBERLAND LODGE

Notes to the Financial Statements

for the Period Ended 31 August 2025

6. Debtors

2025 2024
£ £
Trade debtors 58,669 298,044
Prepayments and accrued income 117,588 123,008
Total 176,257 421,052

CUMBERLAND LODGE

Notes to the Financial Statements

for the Period Ended 31 August 2025

7. Creditors: amounts falling due within one year note

2025 2024
£ £
Trade creditors 83,668 147,458
Taxation and social security 84,866 77,014
Accruals and deferred income 675,838 532,606
Total 844,372 757,078