BY EDUCATION (BARKING) LIMITED

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

Johnston Carmichael LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors have prepared cash flow forecasts which indicate that, taking account of severe but plausible downsides, the Company will have sufficient funds to meet its liabilities as they fall due. Further information of the Directors' assessment is contained within note 1. The Company was able to meet the financial covenants as at 31 March and 30 September 2024, and is forecast to meet them for the foreseeable future. Taking into account reasonable possible risks in operations to the Company, the fact the obligations of the Company's sole customer are underwritten by the Secretary of State for Education, the Directors have a reasonable expectation that the Company will be able to settle its liabilities as they fall due for the foreseeable future. It is therefore appropriate to prepare these financial statements on the going concern basis.”

Significant events

• “During the year the Company received a corporation-tax repayment of £440,000, following agreement of claims for overpaid tax in earlier periods.”
• “As reported in the Company's statement of comprehensive income, turnover has increased from £1,545,000 in 2023 to £4,733,000 in 2024 in line with increased variation works and forecast activity for the year.”

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

Filings

3

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

  +4.1%

  £4,545,000 → £4,733,000

• Cash

  +377.5%

  £1,226,000 → £5,854,000

• Net assets

  +22.2%

  £5,372,000 → £6,566,000

• Employees

  —

  Not reported

• Operating profit

  +3.1%

  £669,000 → £690,000

• Profit before tax

  +8.3%

  £903,000 → £978,000

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