1610 LIMITED

• ⚠

  Material uncertainty over going concern

  Accordingly the financial statements are prepared on a basis other than going concern. It is anticipated that the trade will continue uninterrupted as it transfers to the parent, and accordingly there are no adjustments made to the carrying value of assets and liabilities as at 31 March 2025.

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

1. 1610 LIMITED 2011-10-25 → present
2. SOMERSET LEISURE LIMITED 2008-10-17 → 2011-10-25

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

McCabe Ford Williams

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“Accordingly the financial statements are prepared on a basis other than going concern. It is anticipated that the trade will continue uninterrupted as it transfers to the parent, and accordingly there are no adjustments made to the carrying value of assets and liabilities as at 31 March 2025.”

Group structure

1. 1610 LIMITED · parent
   1. Incedo Limited 100% · United Kingdom · Operation of sports facilities

Significant events

• “In August 2024, 1610 Limited became a wholly owned subsidiary of Wealden Leisure Limited.”
• “After the balance sheet date it has been agreed that the trade and assets of the charity will be transferred to its parent Wealden Leisure Limited. This transfer will be achieved once Charity Commission approval has been sought. Once the transfer has happened it is the boards intention to dissolve the charitable company.”
• “The trust will continue to work in collaboration with its new parent company Wealden Leisure Limited in 2025/2026 to ensure that the charitable objectives are met.”
• “Subsequent to the balance sheet date the Board has agreed that the trade and assets of the charitable company will be transferred to the parent once Charity Commission authorisation has been granted.”

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

Filings

6

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

3

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +3.4%

  £3,227,370 → £3,337,176

• Cash

  +20.4%

  £476,905 → £574,011

• Net assets

  -33.6%

  £635,216 → £421,954

• Employees

  +5.7%

  158 → 167

• Profit before tax

  -11,535%

  £1,865 → -£213,262

• Wages

  +8.2%

  £1,519,098 → £1,643,487

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