MANOR DEVELOPMENT COMPANY LIMITED

• ⚠

  Material uncertainty over going concern

  We have identified a matter of concern in our report because we have concerns that the charity may not be able to continue as a going concern. Disclosure has been made in note 1.2 to the accounts concerning the charity's ability to continue as a going concern. Whilst re-financing discussions are taking place, there is some doubt over whether the charity has sufficient working capital over the next 12 months. The charity has net current liabilities of £209,072. These conditions, along with the matters explained in note 1.2 to the accounts, indicate the existence of a material uncertainty which may cast significant doubt about the charity's ability to continue as a going concern. The accounts do not include the adjustments that would result if the charity was unable to continue as a going concern.

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

• Turnover

  +49.8%

  £216,363 → £324,144

• Cash

  +41.9%

  £79,272 → £112,452

• Net assets

  +8.5%

  £3,218,708 → £3,491,746

• Employees

  +6.7%

  15 → 16

  highest in 3 filed years

• Wages

  +9.6%

  £189,918 → £208,168

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

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

UHY Hacker Young

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“We have identified a matter of concern in our report because we have concerns that the charity may not be able to continue as a going concern. Disclosure has been made in note 1.2 to the accounts concerning the charity's ability to continue as a going concern. Whilst re-financing discussions are taking place, there is some doubt over whether the charity has sufficient working capital over the next 12 months. The charity has net current liabilities of £209,072. These conditions, along with the matters explained in note 1.2 to the accounts, indicate the existence of a material uncertainty which may cast significant doubt about the charity's ability to continue as a going concern. The accounts do not include the adjustments that would result if the charity was unable to continue as a going concern.”

Group structure

1. MANOR DEVELOPMENT COMPANY LIMITED · parent
   1. Manor Development Company (Alison Centre) Limited 100% · social enterprise

Significant events

• “Completing the ninth full year of operations within the Manor Works, achieving overall lettings of around 95% for the greater part of the year.”
• “Maintaining the use of our high-quality meeting and conference space, and thereby providing support for training, recreational and other activities on a commercial basis, as well as hosting activities for local people; as a key part of our "good neighbour" policy with respect to the Manor Estate.”
• “Using a flexible approach to new and start up businesses, with an emphasis on supporting people planning to become self-employed, and in general increasing employment and training opportunities available in our area of interest.”
• “Our landmark building has enjoyed another successful year of commercial operation, with steady demand for high-quality lettings, making a major contribution to the success of the wider business...”
• “Overall, our operating arm, Alison Business Centre, runs 33,500 square feet of commercial space, comprising seventy workshops and forty-four offices and split across three adjacent sites...and has routinely maintained close to full occupancy...”
• “We have now reached an agreement with the Shine Academy to take over their building at no cost...”

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

1

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.