HAPPY DAYS COMMUNITY CHILDCARE CENTRE

• ⚠

  Material uncertainty over going concern

  We draw attention to Note 3 in the financial statements, which indicates that whilst the company generated surplus funds of £4,372 during the year ended 31 March 2025, the company's current liabilities exceeded its total assets by £8,726 as of that date. As stated in Note 3, in addition to planned, proactive efforts which led to this marked improvement, a number of specific events and conditions also contributed. There exists, therefore, a material uncertainty that may cast significant doubt on the 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

• Turnover

  +11.9%

  £688,759 → £771,064

• Cash

  +20.3%

  £34,007 → £40,907

• Net assets

  +33.4%

  -£13,098 → -£8,726

• Employees

  +2.7%

  37 → 38

• Profit before tax

  +109.4%

  -£46,449 → £4,372

• Wages

  +5.6%

  £600,657 → £634,317

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

Aubrey Campbell & Company

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“We draw attention to Note 3 in the financial statements, which indicates that whilst the company generated surplus funds of £4,372 during the year ended 31 March 2025, the company's current liabilities exceeded its total assets by £8,726 as of that date. As stated in Note 3, in addition to planned, proactive efforts which led to this marked improvement, a number of specific events and conditions also contributed. There exists, therefore, a material uncertainty that may cast significant doubt on the company's ability to continue as a going concern. Our opinion is not modified in respect of this matter.”

Significant events

• “During 2024/2025, the Centre continued to be a hive of activity with staff providing the highest quality of care to all children entrusted to us.”
• “At 31st March 2025, we employed 39 members of staff.”
• “In October 2024, we invited all our families registered at that time to complete a brief survey about important aspects of our childcare service. There was a 59% response rate and we were delighted that the total responses were 100% positive.”
• “Social Services conducted our annual Inspection in December 2024; they assessed our compliance with the DHSSPS Minimum Standards for Daycare (2012) in terms of Safeguarding, Quality of Staffing, Management & Leadership. The outcome of the inspection was very positive with only three minor issues to be addressed which were subsequently completed.”
• “We implemented our annual fee increase in April 2024. The increase introduced was calculated to ensure we adhered to the requirements relating to increased rates of Living Wage and to cover the rising costs of supplies and overheads.”
• “In September 2024, we welcomed the introduction of the NI Childcare Subsidy Scheme, one of the initiatives introduced as part of the Early Learning & Childcare Measures. This allows parents who are eligible for Tax Free Childcare to receive 15% discount on fees applied for preschool age children up to a maximum of £167.”

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

Filings

4

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.