Latest news with #DarinaAllen
Irish Independent
27-06-2025
- Business
- Irish Independent
Kate Winslet helps lift profits at Ballymaloe Cookery School
New accounts for Ballymaloe Cookery School Ltd show that the post-tax profits of €135,952 in 2024 follow post-tax profits of €88,864 in 2023. That resulted in accumulated profits rising to €3.05m last year. The east Cork cookery school business sits on a 100-acre organic firm where Darina Allen is the majority shareholder. In April last year, the cookery school came into the spotlight after Oscar-winning actor Kate Winslet enrolled in a two-and-a-half-day course with TV chef and bestselling cookbook author Rachel Allen. The cookery school usually offers over 60 courses each year, and the flagship course remains the 12-week certificate course which runs three times every year. The courses for this September and January of next year are already booked out, with participants paying €16,295 for September's course. The cost rises to €16,795 for the January course. A waiting list is in place for each of the two upcoming 12-week certificate courses. The school is a significant employer in east Cork and last year numbers employed increased from 68 to 73 as staff costs rose from €2.52m to €2.6m. Staff numbers are made up of three directors and 70 teachers and administration staff. The profits last year take account of non-cash depreciation costs of €183,123 while directors' pay dipped slightly from €336,478 to €329,847. The firm's cash funds increased from €944,642 to €988,639. The book value of the firm's fixed assets increased marginally from €4.7m to €4.78m. Under the heading of 'post balance sheet event', the accounts state: 'There is a significant risk to the global economy arising from the current geopolitical situation and the impact on energy costs and inflation.' The note adds that this will have 'implications for the activities of the company' in future months. "The directors are unable to quantify or determine what the extent of the implications of these matters are for the company as at the date of approval of the financial statements,' they note. The cookery school is one of a number of businesses operated by members of the Allen family at Ballymaloe.
BreakingNews.ie
26-06-2025
- Business
- BreakingNews.ie
2024 Kate Winslet appearance at Cork's Ballymaloe Cookery School boosts profits
Boosted by Hollywood star Kate Winslet enrolling for a cookery course at the famed Ballymaloe Cookery School last year, post-tax profits at the school increased by 53 per cent to €135,952 in 2024. New accounts for Ballymaloe Cookery School Ltd show that the post-tax profits of €135,952 in 2024 follow post-tax profits of €88,864 in 2023. Advertisement The post-tax profits at the cookery school last year resulted in accumulated profits rising to €3.05 million. The east county Cork cookery school business sits on a 100 acre organic firm where Darina Allen is the majority shareholder in the cookery school business. In April of last year, the cookery school came into the spotlight after Oscar winning actor, Kate Winslet enrolled in a two and a half day course there with TV chef and bestselling cookbook author Rachel Allen. The cookery school usually has on offer over 60 courses each year and the flagship course remains the 12 week long certificate course which runs three times every year. Advertisement Already, the course for this September and January of next year is booked out with participants paying out €16,295 for September's course with the cost rising to €16,795 for the January course. A waiting list is in place for each of the two upcoming 12 week certificate courses. The school is a significant employer in east rural Cork and last year numbers employed increased from 68 to 73 as staff costs rose from €2.52 million to €2.6 million. Staff numbers are made up of three directors and 70 teachers and administration staff. Advertisement The profits last year take account of non-cash depreciation costs of €183,123 while directors' pay dipped slightly from €336,478 to €329,847. The firm's cash funds increased from €944,642 to €988,639. The book value of the firm's fixed assets increased marginally from €4.7 million to €4.78 million. Under the heading of 'post balance sheet event', the accounts state that 'There is a significant risk to the global economy arising from the current geopolitical situation and the impact on energy costs and inflation. The note adds that 'this development will have implications for the activities of the company in future months. The directors are unable to quantify or determine what the extent of the implications of these matters are for the company as at the date of approval of the financial statements'. The cookery school is one of a number of businesses operated by members of the Allen family at Ballymaloe.
Irish Times
26-06-2025
- Business
- Irish Times
Ballymaloe Cookery School profits soar after Kate Winslet enrolls for course
Boosted by Hollywood star Kate Winslet enrolling for a course at the Ballymaloe Cookery School last year, post-tax profits at the school increased by 53 per cent to €135,952 in 2024, according to its accounts. It recorded post-tax profits of €88,864 in 2023. The post-tax profits at the cookery school last year resulted in accumulated profits rising to €3.05 million. The total remuneration of its three directors – Darina Allen, Toby Allen and Rory O'Connell – in 2024 (including salaries and other benefits) was €329,847; the previous year they shared €336,478. READ MORE The east Cork cookery school business sits on a 100 acre organic farm, where Darina Allen is the majority shareholder. In April of last year, t came under the spotlight after Winslet enrolled in a two-and-a-half-day course there with TV chef and bestselling cookbook author Rachel Allen. The cookery school usually has more than 60 courses on offer each year and the flagship programme remains the 12-week long certificate course which runs three times every year. Already, the course for this September and January of next year is booked out, with participants paying €16,295 for September's course and €16,795 for the January option. The school increased its headcount last year, from 68 to 73 people, with staff costs rising from €2.52 million to €2.6 million. Staff numbers are made up of three directors , 70 teachers and administration staff. The profits last year take account of non-cash depreciation costs of €183,123 while directors' pay dipped slightly from €336,478 to €329,847. The firm's cash funds increased from €944,642 to €988,639. The book value of the firm's fixed assets increased marginally from €4.7 million to €4.78 million. Under the heading of 'post balance-sheet event', the accounts said that 'there is a significant risk to the global economy arising from the current geopolitical situation and the impact on energy costs and inflation'. The note added that 'this development will have implications for the activities of the company in future months. The directors are unable to quantify or determine what the extent of the implications of these matters are for the company as at the date of approval of the financial statements'. The cookery school is one of a number of businesses operated by members of the Allen family at Ballymaloe.
Irish Times
26-06-2025
- Business
- Irish Times
Post-tax profits rise 53% at Ballymaloe Cookery School
Boosted by Hollywood star Kate Winslet enrolling for a course at the Ballymaloe Cookery School last year, post tax profits at the school increased by 53 per cent to €135,952 in 2024, according to its accounts. It posted post tax profits of €88,864 in 2023. The post-tax profits at the cookery school last year resulted in accumulated profits rising to €3.05 million. The east Cork cookery school business sits on a 100 acre organic firm where Darina Allen is the majority shareholder in the cookery school business. READ MORE In April of last year, the cookery school came under the spotlight after Oscar winning actor Kate Winslet enrolled in a two-and-a-half-day course there with TV chef and bestselling cookbook author Rachel Allen. The cookery school usually has on offer over 60 courses each year and the flagship course remains the 12-week long certificate course which runs three times every year. Already, the course for this September and January of next year is booked out with participants paying out €16,295 for September's course with the cost rising to €16,795 for the January course. A waiting list is in place for each of the two upcoming 12-week certificate courses. The school is a significant employer in east Cork and last year numbers employed increased from 68 to 73 as staff costs rose from €2.52 million to €2.6 million. Staff numbers are made up of three directors and 70 teachers and administration staff. The profits last year take account of non-cash depreciation costs of €183,123 while directors' pay dipped slightly from €336,478 to €329,847. The firm's cash funds increased from €944,642 to €988,639. The book value of the firm's fixed assets increased marginally from €4.7 million to €4.78 million. Under the heading of 'post balance sheet event', the accounts said that 'there is a significant risk to the global economy arising from the current geopolitical situation and the impact on energy costs and inflation'. The note added that 'this development will have implications for the activities of the company in future months. The directors are unable to quantify or determine what the extent of the implications of these matters are for the company as at the date of approval of the financial statements'. The cookery school is one of a number of businesses operated by members of the Allen family at Ballymaloe.
RTÉ News
03-06-2025
- Business
- RTÉ News
Profits up 5% at Cully & Sully soup owner to €3.07m
Pre-tax profits at the Cork-based food firm that operates the Cully & Sully brand increased by 5% to €3.07m last year. New accounts filed by the Irish arm of global health and wellness company Hain Celestial show that the business recorded the increase in profits as revenues rose by 7% from €26.39m to €28.32m in the 12 months to the end of June 2024. "Cully & Sully" co-founders, Colum O'Sullivan and nephew of Ballymaloe's Darina Allen, Cullen Allen - shared a multi-million euro windfall from selling their business to the New York-based organic products group, Hain Celestial in April 2012. At the time, Hain Celestial confirmed that it paid €10.46m in cash for Cully & Sully and a further €4.5m was to be paid based upon the achievement of specified operating results during the period up to June 30, 2014. Mr O'Sullivan and Mr Allen are directors of Hain Celestial Ireland Ltd and Cully & Sully soup is just one of a number of brands the company sells in the Irish, EU and UK markets. Other brands include Linda McCartney frozen meals, Cadbury spreads, jam and jelly under the Hartley brand, Dream non-dairy rice plant based drinks as well as other household brands such as Sun Pat peanut butter. The directors state that one of the key brands, Cully & Sully soup, is manufactured exclusively in Ireland. The company's operating profits declined by 15% from €2.37m to €2m and the company increased its pre-tax profits as interest income almost doubled from €546,576 to €1.07m. The company recorded a post tax profit of €2.58m after incurring a corporation tax charge of €492,392. Addressing the company's going concern status, the directors state that the company has considerable financial resources and a good business model including strong relationships with its customer and supplier base. They state that "as a consequence, the directors believe that the company is well placed to manage its business risks successfully". The firm's balance sheet continued to strengthen last year with accumulated profits rising from €24.27m to €26.85m. The company's cash funds increased from €16.24m to €19.89m. Numbers directly employed by the firm last year increased from 14 to 15 as staff costs increased from €1.11m to €1.4m. Six directors served during the year and directors' pay increased from €405,464 to €422,607. Globally, Hain Celestial recorded revenues of $1.73 billion in fiscal 2024 and recorded pre-tax loss of $80.28m.
