SHREWSBURY DRAPERS HOLY CROSS LIMITED

• ◆

  3 officer resignations in last 12 months

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

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

Consolidated group

Auditor

WR Partners

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“After making appropriate enquiries, the Board members have a reasonable expectation that the Association has adequate resources to continue in operational existence for the foreseeable future. The Association therefire continues to adopt the gogin concern basis in preparing the accounts. The Board members are not aware of any material uncertaintities in relation to the Asscoiation's ability to continue as a going concern for the foreseeable future.”

Group structure

1. SHREWSBURY DRAPERS HOLY CROSS LIMITED · parent
   1. Shrewsbury Drapers Company Charity · United Kingdom · almshouse accommodation for needy elderly persons

Significant events

• “During 2024 a major project commenced to add 8 new flats permitting us to provide further quality accommodation to this group who are amongst those least likely to be able to look after themselves. This project is planned for completion by the end of 2025.”
• “The development of a new purpose-built block of 8 residential units at Fairford Place commenced in July. This will increase our capacity to 59 units in 2025. A refurbishment programme of 12 existing bedsits is also planned during 2025 to upgrade the accommodation to single bedroom apartments.”

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

Filings

8

last 12 months

Capital events

0

last 24 months

Officers appointed

3

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

  +6%

  £299,410 → £317,466

• Cash

  +181.9%

  £436,701 → £1,231,217

• Net assets

  +1.8%

  £4,040,274 → £4,114,255

• Employees

  0%

  2 → 2

• Operating profit

  +14.5%

  £69,061 → £79,059

• Wages

  +15.6%

  £31,557 → £36,484

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