AREA 51 EDUCATION LTD.

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)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

Dickinsons Chartered Accountants

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events and conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Significant events

• “Area 51 has finished implementing the Performance Improvement Action Plan that was drawn up after the 2022 OFSTED inspection.”
• “The Adult Day Service has been successfully moved from Parma House to a new location at 15A Tottenham Lane, which also offers more capacity.”
• “Haringey Council has notified the provision that they intend to serve notice on 1 Mallard Place, as it requires the site for a development project.”
• “The provision is seeking a new location for the Education provision. A new location must be found by the end of March to enable a start at this new location in September 2026.”
• “Councils' ability and willingness to pay for these placements continues to be under severe stress. Refusal to accept cost increases is an increasingly common occurrence. Recent cost analysis suggests that the Education activities are making a significant loss of almost 10%.”
• “Area 51 is experiencing slower payment of agreed learner funding in almost all areas than has previously been observed.”

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

  +11.3%

  £2,025,045 → £2,253,601

• Cash

  -29.1%

  £589,427 → £418,195

• Net assets

  -13%

  £510,220 → £443,915

• Employees

  +5.1%

  59 → 62

• Profit before tax

  -33.5%

  -£49,685 → -£66,305

• Wages

  +10.8%

  £1,216,815 → £1,348,002

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