VISION-REDBRIDGE CULTURE & LEISURE

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

Moore Kingston Smith LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Trustees have reviewed management's forecasts and income projection scenarios and are confident that with controlled expenditure, and a proactive approach to income generation, a positive outcome will be achieved over the course of at least 12 months following the approval of these financial statements, and the Trustees are satisfied that the charity will be able to meet all debts as they fall due. Given the above, the trustees continue to adopt the going concern basis in the preparation of the financial statements.”

Group structure

1. VISION-REDBRIDGE CULTURE & LEISURE · parent
   1. Vision Redbridge Business Services Limited 100% · Dormant

Significant events

• “We returned to the Royal Albert Hall late on in the year with the Redbridge Choral Festival. Over 2,000 children and young people took part in a collaboration produced by Vision’s Music and Drama Services under our Redbridge Creates Production Company. The Festival was acknowledged as being the best ever, celebrating the 60th anniversary of Redbridge as a borough. Our young musicians were accompanied by Music and Theatre alumni, including a number of performers who have gone on to become professional artists in the West End and beyond.”
• “Hainault Forest Country Park exceeded income expectations in its first full year of trading. Positive customer feedback for the farm, visitor attractions, and bistro. New Head of Food & Beverage welcomed. New kitchen and development plans for a much-enhanced future offer at Fairlop after Greek restaurant's departure.”
• “It was disappointing at the end of the summer that we experienced severe blue algae at Fairlop Waters which meant the Lake had to be closed for a number of weeks. However, following subsequent research, we have now installed an ultrasonic water purification system that should ensure such a closure won’t be necessary again.”
• “Two temporary closures due to Council's RAAC inspection: South Woodford Library and Gym, and partial closure of Fullwell Cross Leisure Centre (main pool hall and gym areas affected). KMT was also impacted by RAAC discovered in its roof structure.”
• “KMT Pantomime cancelled due to closure. South Woodford Library and Gym adapted quickly, housing a Library, Gym, and exercise studio at Redbridge Drama Centre. Theatre and drama team adapted to deliver enhanced Christmas show at Drama Centre. Repairs for South Woodford (Autumn 2026) and KMT are being procured.”

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

  +9.2%

  £21,838,000 → £23,843,000

• Cash

  +211.2%

  £430,000 → £1,338,000

• Net assets

  +43.4%

  £1,018,000 → £1,460,000

• Employees

  -4.1%

  343 → 329

• Wages

  +4.8%

  £11,587,000 → £12,148,000

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