Our turnover fell slightly from £19.3m to £17.9m. This was down to contracts we had strategically exited coming to an end so we could focus on provision in our four key areas: Tyneside, Leeds, Manchester and Liverpool. In the meantime, Commissioners took the decision to extend contracts rather than attempt to conduct competitive tendering activities during a global pandemic, so our provision remained fairly static.
Year ended 31 March 2021 £
1 January 2019 to 31 March 2020 £
Cost of sales
Other operating income
Other interest receivable and similar income
Interest payable and similar exspenses
Profit before tax
Profit for the financial year
Profit/(loss) attributable to: Owners of the company
The group has no recognised gains or losses for the year other than the results above.
The vast majority of our income (88%) is spent on paying our people. This remains static from last year as a percentage of our overall spend.