ETHELBERT SPECIALIST HOMES LIMITED

1. ETHELBERT SPECIALIST HOMES LIMITED 1998-11-12 → present
2. GOODCODE LIMITED 1996-12-12 → 1998-11-12

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

Kreston Reeves Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' 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 Company'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

• “Turnover for the company has shown an increase over the year largely achieved by high occupancy levels in both the residential and fostering services assisted by detailed matching assessments for new children being placed.”
• “Recruitment of new foster carers has been positive over the course of the year and remains an ongoing priority.”
• “Expenditure for the year has shown an expected increase, the majority of which relates to staff salary costs plus inflationary increases for almost all services.”
• “Inspections by our regulatory body Ofsted and from local authorities have been very positive with the majority of services maintaining the highest awards of good or outstanding outcomes.”
• “There has been a continuation of the strategies deployed in previous years in relation to ongoing efficiency and streamlined management targets coupled with prudent financial planning and system changes across all areas of the operation.”
• “The recruitment of new foster carers remains an ongoing focus with new initiatives being implemented on an ongoing basis.”
• “The residential services continue to adapt its service provision to provide indivisualised, bespoke services for young people requiring specialised services and support.”
• “Understanding of our energy usage and carbon footprint will be promoted across all departments to move towards greater efficiency and ultimately net zero.”

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

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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

• Turnover

  +9.5%

  £10,860,806 → £11,891,643

  highest in 6 filed years

• Cash

  +9.9%

  £1,715,412 → £1,884,855

• Net assets

  +6%

  £4,694,445 → £4,975,893

  highest in 6 filed years

• Employees

  -2.2%

  180 → 176

  lowest in 6 filed years

• Operating profit

  +36.6%

  £488,308 → £667,000

• Profit before tax

  +40.3%

  £430,193 → £603,440

• Wages

  +13.2%

  £5,567,374 → £6,302,160

  highest in 6 filed years

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