GARTMORE HOUSE

• ⚠

  Material uncertainty over going concern

  Your attention is drawn to note 2 to the accounts. As stated in that note, the current liabilities exceed the current assets by £512,852 and following COVID restrictions there continues to be a nervousness on the part of those who previously benefitted from the services the charity offers, to return, resulting in a much reduced income. These conditions indicates that a material uncertainty exists the may cast significant doubt on the charitable company's ability to continue as a going concern. Our opinion is not modified in respect of this matter.

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

Rennie Smith & Co

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“Your attention is drawn to note 2 to the accounts. As stated in that note, the current liabilities exceed the current assets by £512,852 and following COVID restrictions there continues to be a nervousness on the part of those who previously benefitted from the services the charity offers, to return, resulting in a much reduced income. These conditions indicates that a material uncertainty exists the may cast significant doubt on the charitable company's ability to continue as a going concern. Our opinion is not modified in respect of this matter.”

Significant events

• “The year to 31 July 2025 was another challenging one for the charity. While we are 5 years on, we are still feeling the effects of the COVID pandemic. The impact on the charity has still been very keenly felt. The challenges including repaying the debts built as a result of the COVID pandemic and its aftermath. The combined effect has resulted in the charity continuing in making a lossmaking position.”

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

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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

• Turnover

  +21.3%

  £514,783 → £624,499

• Cash

  +17.8%

  £3,373 → £3,972

• Net assets

  -17.7%

  £1,413,173 → £1,163,345

• Employees

  +9.1%

  11 → 12

• Operating profit

  +24.2%

  -£318,845 → -£241,798

• Profit before tax

  +23%

  -£324,642 → -£249,828

• Wages

  +1.2%

  £295,785 → £299,415

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