SUNDERLAND FC DEVELOPMENT LLP

• ⚠

  Material uncertainty over going concern

  The LLP places significant reliance on the ultimate controlling party not recalling amounts owing to them and to provide further funds at times when required. These conditions indicate the existence of a material uncertainty which may cast significant doubt about the ability of the LLP to continue as a going concern and therefore its ability to realise its assets and discharge its liabilities in the normal course of business.

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

• Turnover

  -4.2%

  £3,795,442 → £3,634,469

• Cash

  +101.3%

  £271,416 → £546,299

• Net assets

  -2.8%

  -£7,138,089 → -£7,339,720

• Employees

  -4.5%

  67 → 64

• Operating profit

  +37.4%

  -£322,307 → -£201,631

• Profit before tax

  +37.4%

  -£322,307 → -£201,631

• Wages

  -0.8%

  £1,271,328 → £1,261,011

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

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

Moore Kingston Smith LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The LLP places significant reliance on the ultimate controlling party not recalling amounts owing to them and to provide further funds at times when required. These conditions indicate the existence of a material uncertainty which may cast significant doubt about the ability of the LLP to continue as a going concern and therefore its ability to realise its assets and discharge its liabilities in the normal course of business.”

Group structure

1. SUNDERLAND FC DEVELOPMENT LLP · parent
   1. Sunderland FC Hotels Limited 100% · England and Wales · Hotel operator

Significant events

• “Funding has been provided by the ultimate parent company in previous years and current forecasts show that the LLP and group are self-funding. However additional funding lines are in place from the ultimate parent company to address any adverse scenarios that may occur for the foreseeable future.”

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

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.