FARSET YOUTH AND COMMUNITY DEVELOPMENT LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

  +13.5%

  £118,675 → £134,654

• Cash

  +51.4%

  £25,917 → £39,249

• Net assets

  -2.9%

  £53,556 → £52,018

• Employees

  0%

  10 → 10

• Profit before tax

  +73%

  -£5,698 → -£1,538

• Wages

  +6.9%

  £110,705 → £118,295

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

Miscampbell & Co

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“After making appropriate enquires, the trustees have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements.”

Significant events

• “The Respect Project targets hard-to-reach young people, parents and adults working with young people in disadvantaged communities. The Project is funded from April 2015 till April 2025 by the Department Of Communities...”
• “The Project had submitted an application to Department Of Social Development for a further year which will run from April 2025 March 2026, due to budget restraints the department will only be funding groups on a year by year basis.”
• “The Respect Project has completed all its outputs/targets set by Department of Communities for the project year April 2024-2025.”
• “The amount of funding received during the year continued to decrease; however, the directors are researching new sources of funding.”

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

Filings

6

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

1

last 12 months

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