DEBATE MATE SCHOOLS LIMITED

• ⚠

  Material uncertainty over going concern

  The charity incurred deficits and has negative net assets at the year ended 31 August 2024. The charity forecast net surplus and positive cash flow for the next year to end with a positive net assets position. This does not however take into account future uncertainty and forecasted recession in the UK and global economy that may affect some of the charity donors. The directors, having considered the above and made due enquiries, continue to adopt the going concern basis in preparing the financial statements which assumes that the charity will continue in operation for the foreseeable future.

1. DEBATE MATE SCHOOLS LIMITED 2017-07-26 → present
2. DEBATE MATE LIMITED 2010-07-01 → 2017-07-26
3. URBANUNLTD LIMITED 2007-06-14 → 2010-07-01

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

Ibrahim T Ibrahim (Senior Statutory Auditor) for CAS House Limited

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The charity incurred deficits and has negative net assets at the year ended 31 August 2024. The charity forecast net surplus and positive cash flow for the next year to end with a positive net assets position. This does not however take into account future uncertainty and forecasted recession in the UK and global economy that may affect some of the charity donors. The directors, having considered the above and made due enquiries, continue to adopt the going concern basis in preparing the financial statements which assumes that the charity will continue in operation for the foreseeable future.”

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

Filings

5

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

  -12.5%

  £1,333,722 → £1,166,355

• Cash

  -50.8%

  £38,226 → £18,803

• Net assets

  -134.6%

  -£25,496 → -£59,804

• Employees

  -11.8%

  17 → 15

• Wages

  -9.1%

  £601,925 → £547,014

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