BRIGHTER FUTURES FOR CHILDREN LIMITED

• ⚠

  Material uncertainty over going concern

  The financial statements have been prepared on a basis other than going concern following the decision of Reading Borough Council to re-integrate the services of the company back into the Council from 1 October 2025. The directors have therefore determined that the company will not continue in operational existence and have therefore not adopted the going concern basis of accounting.

• ◆

  5 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

Standalone (parent only)

Auditor

Buzzacott Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The financial statements have been prepared on a basis other than going concern following the decision of Reading Borough Council to re-integrate the services of the company back into the Council from 1 October 2025. The directors have therefore determined that the company will not continue in operational existence and have therefore not adopted the going concern basis of accounting.”

Significant events

• “On 28 January 2025, Reading councillors formally approved the decision for children's services to be delivered directly by Reading Borough Council from 1 October 2025. The transition will be completed by 1 October 2025 and the existing contract with Brighter Futures for Children will be terminated early.”

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

1

last 12 months

Officers resigned

5

last 12 months

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

• Turnover

  +12.8%

  £113,219,974 → £127,734,331

• Cash

  +54%

  £909,836 → £1,401,131

• Net assets

  +1.2%

  -£282,695 → -£279,205

• Employees

  +3%

  565 → 582

• Operating profit

  +113.2%

  -£984,495 → £130,152

• Profit before tax

  -95.4%

  -£5,179,612 → -£10,123,510

• Wages

  -4.9%

  £26,416,376 → £25,117,528

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