SANCTUARY (NW MANAGEMENT) LIMITED

1. SANCTUARY (NW MANAGEMENT) LIMITED 2013-05-21 → present
2. COSMOPOLITAN ENTERPRISES LIMITED 2007-06-27 → 2013-05-21
3. COSMOPOLITAN COMMERCIAL LIMITED 2003-06-20 → 2007-06-27

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 101

Reporting scope

Standalone (parent only)

Auditor

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Company currently has net current liabilities and net liabilities on its Balance Sheet; however, the majority of liabilities relate to balances held with other Group entities. The Company has the continued support of its ultimate parent, Sanctuary Housing Association, who has provided a letter of support to the Directors of the Company to confirm that it intends to provide financial and other support as required for a period of at least 12 months from the date of these financial statements. Accordingly, the Company continues to adopt the going concern basis in its financial statements. Further details are given in note 1. The Directors have prepared a going concern assessment, based on consideration of cash flow forecasts, for a period of at least 12 months from the date of approval of these financial statements (the going concern assessment period), which indicate that, taking account of a number of severe but plausible downside scenarios, the Company will have sufficient funds, through funding from its ultimate parent, Sanctuary Housing Association, to meet its liabilities as they fall due for that period. These forecasts are dependent on Sanctuary Housing Association not seeking repayment of the amounts currently due to the Group, which at 31 March 2025 amounted to £2,007,000 (2024: £1,972,000) (note 9), and providing additional financial support during that period. Sanctuary Housing Association has indicated its intention to continue to make available such funds as are needed by the Company, and that it does not intend to seek repayment of the amounts due at the balance sheet date, for the period covered by the forecasts. As with any company placing reliance on other group entities for financial support, the Directors acknowledge that there can be no certainty that this support will continue although, at the date of approval of these financial statements, they have no reason to believe that it will not do so. Consequently, the Directors are confident that the Company will have sufficient funds to continue to meet its liabilities as they fall due for at least 12 months from the date of approval of the financial statements and have therefore prepared the financial statements on a going concern basis. Notwithstanding net current liabilities of £881,000 as at 31 March 2025 (2024: £983,000) and net liabilities of £22,000 as at 31 March 2025 (2024: £104,000), the financial statements have been prepared on a going concern basis, which the Directors consider to be appropriate for the following reasons.”

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

  +5.4%

  £74,000 → £78,000

• Cash

  +13.4%

  £1,056,000 → £1,197,000

• Net assets

  +78.8%

  -£104,000 → -£22,000

• Employees

  —

  Not reported

• Operating profit

  +500%

  £5,000 → £30,000

• Profit before tax

  +100%

  £41,000 → £82,000

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