Ballymaloe Cookery School returns to profit after Covid closures

business
Ballymaloe Cookery School Returns To Profit After Covid Closures Ballymaloe Cookery School Returns To Profit After Covid Closures
The Co Cork cookery school returned to profit after Covid-19 enforced closures
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Gordon Deegan

The Ballymaloe Cookery School last year recorded post-tax profits of €93,670.

The Co Cork cookery school business returned to profit after Covid-19 enforced closures resulted in post-tax losses of €193,097 in 2020.

The recovery has continued this year with company director Toby Allen confirming that all places for the school’s flagship 12-week certificate course are sold out.

The school – majority owned by Darina Allen – runs three such courses a year. A place costs a student €13,195.

“We are happy that we returned to profitability in 2021 and would expect again to be in profit for 2022,” Mr Allen said.

The 2020 losses followed profits of €148,429 and €62,134 over the two prior 12-month periods.

Numbers employed increased by three to 63 last year and staff costs, net of wage subsidy payments, totalled €1.02 million.

At the end of December last year, the company had accumulated profits of €2.74 million. The company’s cash funds increased from €1.09 million to €1.73 million.

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