THE ROSSENDALE TRUST LIMITED

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

  +12.2%

  £4,725,333 → £5,300,432

• Cash

  -49.4%

  £802,313 → £405,855

• Net assets

  -12%

  £2,676,273 → £2,355,199

• Employees

  +1.9%

  213 → 217

• Operating profit

  -63%

  -£362,309 → -£590,692

• Profit before tax

  -150.1%

  -£128,386 → -£321,074

• Wages

  +15.9%

  £4,106,575 → £4,758,039

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

Consolidated group

Auditor

Bright Partnership Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial year 2023-24 has been difficult, due to the cumulative shortage of financial support from the commissioned services and the need to retain and improve staffing levels. The ongoing impact of inadequate funding has caused a difficult operating environment across the care industry in the UK, but the Trust has been particularly impacted by receiving much of our funding at exceptionally low hourly rates compared to the rest of the market. Despite these setbacks, the Trust continues to perform well and deliver a first class service, and we believe that the current situation will not impact on the Trust's short-term sustainability and our "going concern" status. 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.”

Group structure

1. THE ROSSENDALE TRUST LIMITED · parent
   1. The Rossendale Trust Endowed Charity

Significant events

• “Our fundraising events during the year 2023-2024 encompassed several successful ventures including the 50th Anniversary Ball, London Marathon, the Rossendale Annual Fete, our Ladies Lunch, the Annual Tea Party, and the Annual Fashion Show.”

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

Filings

5

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.