ADVONET

• ◆

  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

• Turnover

  -6.7%

  £2,234,566 → £2,084,886

• Cash

  -9.3%

  £381,045 → £345,765

• Net assets

  -28.9%

  £559,647 → £397,757

• Employees

  -4.9%

  82 → 78

• Profit before tax

  -81%

  -£89,419 → -£161,890

• Wages

  -2.5%

  £1,565,634 → £1,527,226

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.

1. ADVONET 2008-06-17 → present
2. ADVOCACY NETWORK-LEEDS 2001-06-06 → 2008-06-17

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

BHP LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the trustees' 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 group and parent charitable 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.”

Group structure

1. ADVONET · parent
   1. Leep1 CIC 100% · England and Wales · providing independent advocacy and related/connected services

Significant events

• “In early 2025, the Board of Trustees made the difficult decision to close Café Leep and begin insolvency proceedings for Leep1. This was due to sustained financial pressures, including rising wage and operational costs, which had led to ongoing deficits.”
• “On 29 August 2025, the charity's trading subsidiary, Leep1 CIC, entered into vountary liquidation. Advonet's investment in LEEP1 and balance due from LEEP1 have been fully impaired in 2025.”

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

Filings

9

last 12 months

Capital events

0

last 24 months

Officers appointed

3

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.