SMILECHILDCARE

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

  +4.4%

  £821,533 → £857,933

• Cash

  -38.5%

  £176,038 → £108,233

• Net assets

  -8.6%

  £323,678 → £295,816

• Employees

  +6.9%

  29 → 31

• Wages

  +9.8%

  £643,382 → £706,613

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. SMILECHILDCARE 2006-08-11 → present
2. ONE STOP CHILDCARE 1998-11-04 → 2006-08-11
3. WESTER HAILES CHILDCARE AGENCY 1997-12-08 → 1998-11-04

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Thomson Cooper

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Based on current forecasts, with reliance on unrestricted reserves and the measures implemented, the trustees believe that the charity has sufficient resources to meet its obligations as they fall due for at least 12 months from the date of approval of these financial statements. Accordingly, the trustees consider that it is appropriate to prepare the financial statements on a going concern basis.”

Significant events

• “The demand for the Out of School and Holiday Placement service is lower than last year, This is due to parents changing their working patterns, hybrid working and the continuing rising costs of inflation.”
• “The demand for the under 5's settings is also decreasing and in particular the demand for childcare for children under the age of 3 years, this is due to rising costs due to cuts in funding.”
• “Along with the rest of the childcare sector smilechildcare have faced challenges with recruiting and retaining staff, this is due to the 1140 hours being rolled out in all local authority settings, current staff are applying for vacancies within these settings as the local authority are able to offer higher salaries and flexible working hours.”
• “Funding received for Capital City Partnership is reducing each year until Aug 2027 when the funding is due to end.”
• “Overall there was a deficit of £27,862 (2024 - deficit of £7,059). The deficit has arisen this year due to the significant increase in wage costs due to the rise in the national living wage.”

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

Filings

7

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

2

last 12 months

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