VRANCH HOUSE LIMITED

1. VRANCH HOUSE LIMITED 2022-02-08 → present
2. DEVON & EXETER SPASTICS SOCIETY 1991-04-09 → 2022-02-08

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

Simpkins Edwards Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The charity continues to rely on the Service Led Agreement with Devon County Council (DCC) and the ICB Health Board (formerly known as the new CCG), as set out in the Trustees' Report. Based on information received to date, the Trustees have no reason to believe this support will not continue. These accounts have therefore been prepared on a going concern basis.”

Significant events

• “Mean waiting times for the year across all our therapy services were 19.5 weeks against a national target of 18 weeks. This is again an increase on our historically low waiting times but is starting to move gradually down. The longer mean waiting time sadly is due to the increase in families missing their appointments; we saw an increase ir the number of children not brought to an appointment from 450 in 2023/24 to 745 in 2024/25.”
• “The staff experience has been improved by increasing mental wellbeing training and monthly events for staff.”
• “Good long term financial planning has meant we have been able to absorb the significant rise in running costs for the charity this year, such as for heating and other running costs.”
• “DCC funding being received in arrears this year, hence the increase in accrued income.”
• “We had no legacies in this financial year, but fundraising was improved.”
• “This year, we have moved reserves into different bank accounts, allowing low risk investment.”
• “The new minibus arrived in July 2023 and is reported in full in these financial statements.”
• “A local charitable pre-school was closed during the 2024 accounts year. The charity's trustees decided that Vranch House should receive all remaining, unspent monies for future use in the charity's nursery setting.”

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

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

0

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

  +2.5%

  £3,429,374 → £3,515,053

• Cash

  -7.5%

  £4,457,528 → £4,125,173

• Net assets

  +4.5%

  £9,442,928 → £9,870,862

  highest in 3 filed years

• Employees

  +1%

  105 → 106

  highest in 5 filed years

• Profit before tax

  -42%

  £738,431 → £427,934

• Wages

  +16%

  £2,049,782 → £2,376,876

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