EAST LONDON BUSINESS ALLIANCE

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

Consolidated group

Auditor

PKF Littlejohn LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Board have reviewed the budgets and cashflow forecast for the year ended 31 March 2025. Taking into account the financial position at 24 September 2025 and the healthy cash balances at that date they are of the opinion that the company can be considered as a going concern for a period of at least 12 months from the date of signing of these accounts. When coming to this opinion they have taken careful thought of the circumstances of the impact of rising inflation. Direct energy costs are a small proportion of total costs. The main pressure will be on staff recruitment and retention and the Board has authorised a number of measures to improve retention of our key staff.”

Group structure

1. EAST LONDON BUSINESS ALLIANCE · parent
   1. London Works Agency Limited 1% · England and Wales · staff recruitment agency to provide pathways to work in the City and Canary Wharf for local graduates and A Level school leavers
   2. East London Business Alliance Works Limited 1% · England and Wales · deliver activities which fall outside the scope of Core charitable activity

Significant events

• “This year also marked a significant leadership transition. After eight years of service, Ian Parkes stepped down as CEO. Julie Hutchinson was appointed as our new CEO in June 2024.”
• “Our Board remains stable, with only one trustee, Jennifer Roome, moving on after nine years of brilliant service. Her departure in February was met with our sincere gratitude.”

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

  -9.1%

  £2,797,196 → £2,541,306

• Cash

  +1.1%

  £1,396,674 → £1,412,422

• Net assets

  +1.9%

  £1,329,257 → £1,353,945

• Employees

  -11.9%

  67 → 59

• Wages

  -10.1%

  £2,119,686 → £1,906,192

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers