Annual Report 2024-25
Kids' Therapy Works operates with a not-for-profit ethos.
Each year we publish our financial results to show our income: how we invest in our team, improve our services, support charitable causes, and provide free services.
Financial Summary 2024-25 vs (Previous Year 2023-24)
Turnover: £357,447 | (£350,386)
Staff Costs: £249,460 | (£250,998)
Operating Costs: £68,157 | (£76,675)
Extraordinary Costs*: £32,019 | (£19,952)
Pre-tax Profit: £7,811 | (£2,761)
Capital Investment: £21,000
Impact Summary
Charitable Donations: £502 | (£0)
Value of Free or Discounted Services: £10,570 | (£8,037)
(Sessions, Travel, Equipment Hire, Consultancy)
Managing Director’s comments
Our not-for-profit ethos means any surplus is reinvested to improve access to therapy.
“After a difficult 2023-24, with continuing significant economic challenges, 2024-25 was another profitable year, due to efficient operating cost management, and with >70% of turnover going to staff. The underlying figures, given the circumstances*, are more than acceptable, showing a 5% margin. Those circumstances dictated that we take a cautious approach during the financial year, but by Q4 (January-March 2025), ahead of schedule, we were able to develop partnerships with both Reach and ALB at Lakelands and add Hippotherapy.
This year (FY 2025-26), we continue to invest significantly in the growth of the business. In Q2 (July-September 2025), we recruited Karen, adding Speech & Language (SLT) to our list of in-house therapies, plus more Occupational Therapy (OT) provision with Verity joining us 5 days a week, and we seek to offer much more support for EHCP assessments. Our neuro-specialist Physiotherapists continue providing their excellent service and we are investing in their further specialisation and training. We’ve added two new clinic spaces too, at Reach in Brentwood, and at Lakelands. We seek to expand further afield in the coming calendar year. We’ve also significantly enhanced our online presence, and are developing partnerships with more charities, providers and professional services firms.
I look forward to reporting larger profits next time, as we head towards full capacity, when we will be able to start to donate more to charities to help them fund much needed services and equipment for our community.”
Peter Greatorex, 17 December 2025
Previous Reports
This is the first published Annual Report since I acquired a majority share in the practice on 1 December 2022. We commit to publishing these accounts annually.
* Extraordinary Costs comprise legal and accountancy fees and repayments to HMRC, caused by wrongful tax benefit claims made prior to 1st December 2022, before the company was sold to its current owner. The final portion of these costs totalling £19,486 were repaid in full by August 2025.