OPEN ROAD VISIONS

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 §1A

Reporting scope

Consolidated group

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

Griffin Chapman

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Trustees have a reasonable expectation that the charity and its subsidiary have adequate resources to continue in operational existence for the foreseeable future. For this reason, it continues to adopt the going concern basis in preparing the financial statements. The Trustees make this assessment in respect of a period of at least one year from the date of authorisation for issue of the financial statements and have concluded that the charity has adequate resources to continue in operational existence for the foreseeable future and there are no material uncertainties about the charity's ability to continue as a going concern, thus they continue to adopt the going concern basis of accounting in preparing the financial statements.”

Group structure

1. OPEN ROAD VISIONS · parent
   1. Open Road Solutions Limited 100% · To act as the trading arm of Open Road Visions

Significant events

• “The biggest challenge we faced during the year is the increase to employers' National Insurance Contributions (NIC), which, with the rise in the minimum wage increase, will impact significantly on Open Road. The impact for us is over £100,000 per annum, which we have to find to continue our work.”
• “We have expanded a 'dependence forming medication' service (DFM) into North Essex successfully receiving Public Health Accelerator Bids (PHAB) funding for this work.”
• “We expanded many of our existing services during the year and were also delighted to be awarded important new contracts.”

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

4

last 12 months

Officers resigned

1

last 12 months

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

• Turnover

  +4.8%

  £4,108,195 → £4,304,271

• Cash

  +0.9%

  £1,584,342 → £1,598,647

• Net assets

  +2%

  £2,991,329 → £3,050,984

• Employees

  +14.4%

  118 → 135

• Profit before tax

  -48.2%

  £66,906 → £34,655

• Wages

  +10%

  £2,725,545 → £2,998,495

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