KINGSTON STUDENT LIVING LLP

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

  +17.4%

  £9,791,920 → £11,499,277

• Cash

  -41.6%

  £7,374,192 → £4,303,283

  lowest in 6 filed years

• Net assets

  -24.7%

  £12,767,362 → £9,612,267

  lowest in 4 filed years

• Employees

  —

  Not reported

• Operating profit

  +25.8%

  £3,036,199 → £3,818,977

  first positive since 2022

• Profit before tax

  -147%

  -£114,365 → -£282,474

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

Standalone (parent only)

Auditor

Ryecroft Glenton, Chartered Accountants and Statutory Auditors

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The members have reviewed the future liquidity requirements and have considered the cash flow forecasts of the LLP. The LLP produces long-term financial forecasts which show the LLP is able to operate and meet its financial obligations as they fall due, including compliance with covenants attached to its debt instruments, for a period of at least 12 months from the date of approval of the financial statements. Based on this review and the future business prospects of the LLP, the members believe the LLP will be able to meet its liabilities as they fall due. In the annual review of the LLP's going concern, the members have considered the long term impact of the current macroeconomic conditions of high inflation and rising interest rates and with the mitigations in place with the RPI linked interest rate bond and 5% cap on RPI have duly concluded that there has been no material impact. All rent payments have been received during this period, and there are no indications from any channel that this will not continue, therefore the members do not believe that there is any material risk to income or cashflows. The LLP has modelled its anticipated financial performance for the full term of the project and expects to perform in line with this for the remaining concession period. The operational model has forecast continued profits for the LLP and so the members have a reasonable expectation that the LLP has adequate resources to continue in operational existence for the foreseeable future. Accordingly the members continue to adopt the going concern basis on preparing the financial statements.”

Significant events

• “The construction of the new accommodation reached practical completion on 22 March 2024.”
• “An adjustment has been made to recognise the SDLT Retention Sum which became due on achievement of Final Service Commencement in March 2024. The obligation existed at 31 August 2024 and should have been recognised at that date.”

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

Filings

3

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.