SMETHWICK ASRA LIMITED

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

Malcolm Willcox & Co

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Significant events

• “Once again it has been a successful year for us in financial terms. Our income has increased to £1.4 million which represents an increase of 26% over the previous year. This was a planned growth and built on the success of the previous year...”
• “Another success story for the year has been the creation of a children's educational role play village by Pippatopia on the first floor of ASRA's Health and Social Care Centre. This will generate an additional £150,000 in rental income for the charity over the next five years with minimal effect on costs.”
• “A major development of the year is our proposal to create a Community Hub next to our flagship Health and Social Care Centre. We are proposing a two-storey extension to the southwest elevation of the existing building. This will provide a cost-effective, flexible, and multifunctional space for a wide range of community activities.”

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

Filings

7

last 12 months

Capital events

0

last 24 months

Officers appointed

3

last 12 months

Officers resigned

2

last 12 months

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

• Turnover

  +24.8%

  £1,097,715 → £1,369,855

• Cash

  +27.6%

  £228,188 → £291,127

• Net assets

  +12.2%

  £611,889 → £686,530

• Employees

  +27.9%

  43 → 55

• Wages

  +28.5%

  £663,917 → £853,133

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