THE REEDHAM CHILDREN'S TRUST

• ⚠

  Material uncertainty over going concern

  The Board of Management has agreed in principle to merge with CVA subject to resolution of any arising issues. The proposed merger will be achieved by reconstituting the company currently known as CVA so that it becomes the New Charity, with a new name and brand simultaneously transferring the assets of Reedham into the New Charity. The Board of Management considers that the charity has adequate resources to continue in operational existence up to the planned legal completion of the merger with CVA.

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

1. THE REEDHAM CHILDREN'S TRUST 2014-06-13 → present
2. THE REEDHAM TRUST 1992-12-03 → 2014-06-13
3. REEDHAM CHILDRENS TRUST(THE) 1904-06-29 → 1992-12-03

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

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

Buzzacott Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The Board of Management has agreed in principle to merge with CVA subject to resolution of any arising issues. The proposed merger will be achieved by reconstituting the company currently known as CVA so that it becomes the New Charity, with a new name and brand simultaneously transferring the assets of Reedham into the New Charity. The Board of Management considers that the charity has adequate resources to continue in operational existence up to the planned legal completion of the merger with CVA.”

Significant events

• “Subsequent to the reporting date, the Board of Management has agreed in principle to merge with Croydon Voluntary Action (CVA) subject to resolution of any arising issues. The proposed merger will be achieved by reconstituting the company currently known as CVA so that it becomes the New Charity, with a new name and brand simultaneously transferring the assets of Reedham into the New Charity.”

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

Filings

8

last 12 months

Capital events

0

last 24 months

Officers appointed

3

last 12 months

Officers resigned

3

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  —

  Not reported

• Cash

  +43.3%

  £72,718 → £104,222

• Net assets

  -2.9%

  £9,407,549 → £9,135,165

• Employees

  +16.7%

  6 → 7

• Wages

  +8.6%

  £217,630 → £236,320

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers