LASC CHILDCARE SERVICES LTD

• ⚠

  Material uncertainty over going concern

  We draw attention to note 24 in the financial statements, which indicates that the charity's costs, primarily wages and salaries, have grown significantly as a result of expansion and increased inflation. Fee increases were not sufficient to mitigate the cost increases resulting in ongoing deficits, with declining cash reserves. As stated in note 24, these events or conditions, indicate that a material uncertainty exists that may cast significant doubt on the company's ability to continue as a going concern. Our opinion is not modified in respect of this matter.

• ◆

  3 officer resignations in last 12 months

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

1. LASC CHILDCARE SERVICES LTD 2015-05-12 → present
2. LOANHEAD PRIMARIES AFTER SCHOOL CARE CLUB 1999-07-06 → 2015-05-12

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Brown, Scott & Main

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“We draw attention to note 24 in the financial statements, which indicates that the charity's costs, primarily wages and salaries, have grown significantly as a result of expansion and increased inflation. Fee increases were not sufficient to mitigate the cost increases resulting in ongoing deficits, with declining cash reserves. As stated in note 24, these events or conditions, indicate that a material uncertainty exists that may cast significant doubt on the company's ability to continue as a going concern. Our opinion is not modified in respect of this matter.”

Significant events

• “Our Young Adult Service (YAS) successfully transitioned to the steading which has proved to be a fantasic move. Our young adults have settled in well and enjoy the bright new enviroment. Care Inspectorate were very impressed with the service, and this was reflected in the very positive inspection report.”
• “Rosewell Nursery Garden - work started but not completed leading to severe delays and financial losses.”
• “Opening of second Roslin Site to accommodate the growing waiting list.”
• “Closure of Link Café with 4 staff redundancies.”
• “Management have taken steps to close the charity shop, with the expected closure taking place from October 2025.”

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.