Experience UK Annual Report 2024/25 | Page 19

Despite slightly lower gross margin, operating profit rose sharply due to reduced overheads and cost controls. Interest expenses increased modestly to £ 6,642 as borrowing supported event delivery timing. Overall liquidity and balance sheet health have improved.

FINANCIAL PERFORMANCE 2024 / 25

Despite slightly lower gross margin, operating profit rose sharply due to reduced overheads and cost controls. Interest expenses increased modestly to £ 6,642 as borrowing supported event delivery timing. Overall liquidity and balance sheet health have improved.

2023 / 24 2024 / 25

TURNOVER £ 279,269 £ 281,804 + 0.9 %

2023 / 24 2024 / 25

GROSS PROFIT £ 123,280 £ 105,110-14.7 %

2023 / 24 2024 / 25

OPERATING PROFIT £ 3,466 £ 8,618 + 148 %

2023 / 24 2024 / 25

PROFIT PRE TAX £ 1,417 £ 1,976 + 39 %

2023 / 24 2024 / 25

CASH AT BANK £ 13,681 £ 38,642 + 182 %

2023 / 24 2024 / 25

NET LIABILITIES £ 40,307 £ 38,331

IMPROVED