GLOUCESTER GROVE ESTATE TENANT MANAGEMENT ORGANISATION C.I.C.

• ◆

  4 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 §1A

Reporting scope

Standalone (parent only)

Auditor

TC Group

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' 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 or conditions that, individually or collectively, may cast significant doubt on the 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

• “External Decorations Fund: Between the years ended 31 March 2016 and 31 March 2024 inclusive, the Company received an additional allowance from the Council amounting to £724,108. This funding is designated for external decoration works on the estate. The Company have agreed to return this fund to the London Borough of Southwark and therefore it has been transferred from Reserves to Creditors, as detailed in note 7.”
• “There has been no consultation during the year.”
• “No transfer of assets other than for full consideration has been made”

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

Filings

13

last 12 months

Capital events

0

last 24 months

Officers appointed

5

last 12 months

Officers resigned

4

last 12 months

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

• Turnover

  -18.5%

  £765,880 → £624,398

• Cash

  -1%

  £1,058,668 → £1,048,430

• Net assets

  -78.1%

  £843,993 → £184,672

• Employees

  0%

  2 → 2

• Operating profit

  -114.7%

  £139,536 → -£20,579

• Profit before tax

  +247.8%

  £18,627 → £64,787

• Wages

  +30.7%

  £124,457 → £162,683

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