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Next accounts due

2027-03-31 (in 10mo)

Last filed for 2025-09-30

Confirmation statement due

2027-01-14 (in 8mo)

Last made up 2025-12-31

Watchouts

None on the register

Cash

£3M

+51.2% vs 2024

Net assets

£354M

-3.4% vs 2024

Employees

Average over period

Profit before tax

£14M

-68.7% vs 2024

Accounts

2-year trend · latest reflected 2025-09-30

Metric Trend 2024-09-302025-09-30
Turnover
Operating profit £44,564,000£14,410,000
Profit before tax £43,924,000£13,767,000
Net profit £43,669,000£13,462,000
Cash £1,856,000£2,807,000
Total assets less current liabilities £416,275,000£406,207,000
Net assets £366,431,000£353,916,000
Equity £366,431,000£353,916,000
Average employees
Wages
Directors' remuneration £149,000£198,000

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

Year-on-year

FY2024 → FY2025 · period ending 2025-09-30 vs 2024-09-30

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

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2024-09-302025-09-30
Return on capital employed 10.7%3.5%
Gearing (liabilities / total assets) 12.2%13.6%
Current ratio 3.59x1.92x
Interest cover 69.63x89.50x

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.

Name history

Renamed 3 times since incorporation

  1. BAILLIE GIFFORD EUROPEAN GROWTH TRUST PLC 2019-12-02 → present
  2. THE EUROPEAN INVESTMENT TRUST PLC 2010-02-01 → 2019-12-02
  3. FOREIGN & COLONIAL EUROTRUST PLC 1992-01-13 → 2010-02-01
  4. F & C EUROTRUST P L C 1972-05-22 → 1992-01-13

Audit & accounting basis

Accounting basis
FRS 102
Auditor
BDO LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“In accordance with the Financial Reporting Council’s guidance on going concern and liquidity risk, the Directors have undertaken a rigorous review of the Company’s ability to continue as a going concern. The Financial Statements have been prepared on the going concern basis as it is the Directors’ and other matters, that the Company will continue in operational existence for a period of at least 12 months from the date of approval of these Financial Statements.”

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

People

5 active · 22 resigned

Name Role Appointed Born Nationality
BAILLIE GIFFORD & CO LIMITED Corporate Secretary 2019-11-29
BARRON, David James Director 2023-10-01 Jun 1959 British
CURLING, Davina Cordelia Director 2024-11-01 Feb 1964 British
DAVIES, Emma Catherine Director 2021-01-01 Nov 1976 English
WATKINS, Andrew Keith Director 2019-01-01 Oct 1952 British
Show 22 resigned officers
Name Role Appointed Resigned
GREIG, Kenneth John Secretary 2010-02-01 2019-11-29
F & C MANAGEMENT LIMITED Corporate Secretary 2010-02-01
ABELL, Timothy George Director 1999-05-07
BIERBAUM, Detlef Fritz Ewald Director 1993-02-22 2007-12-13
BONNA, Jean Albert Director 2000-11-10
BORSIG, Clemens August Heinrich, Doctor Director 1998-09-18 2007-12-13
DICK, John Antony Director 2004-12-16
DOUMIC, Claude Rene Director 1996-06-22
EASON, William Duncan Director 2007-05-16 2019-01-22
ELSTOB, Eric Carl Director 2003-10-28
INGLIS, Susan Patricia Director 2019-01-01 2019-11-29
KANZA, Raphael Director 1997-09-19 2013-07-30
MACPHEE, Michael William Miller Reid Director 2016-01-01 2025-02-05
MCDOUGALL, Douglas Christopher Patrick Director 1999-02-22 2017-01-24
MEISSNER, Wolfgang Otto Director 1992-12-31
MOULE, Michael Bruce Director 2004-01-23 2021-01-21
SARASIN, Philippe Alain Director 2000-11-10 2003-12-16
SCHWARTZ, Pedro Director 1993-02-22 2005-12-15
THOMSON, David Paget Director 1998-06-16 2001-12-18
VAN HOVELL TOT WESTERFLIER, Zweder Otto Hubertus Maria, Baron Director 2004-12-16
WHITE, Stephen Frank Director 1998-12-15
WOODWARD, Michael Trevor, Dr Director 2013-08-01 2024-01-18

Ownership

Persons with significant control

No persons with significant control on record.

Filing timeline

Last 20 of 876 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2026-02-13 RESOLUTIONS Resolution
Date Type Category Description
2026-04-20 SH03 capital Capital return purchase own shares treasury capital date
2026-04-20 SH03 capital Capital return purchase own shares treasury capital date
2026-04-10 SH03 capital Capital return purchase own shares treasury capital date
2026-03-30 SH03 capital Capital return purchase own shares treasury capital date
2026-03-30 SH03 capital Capital return purchase own shares treasury capital date
2026-03-20 SH03 capital Capital return purchase own shares treasury capital date
2026-03-13 SH03 capital Capital return purchase own shares treasury capital date
2026-03-13 SH03 capital Capital return purchase own shares treasury capital date
2026-03-04 SH03 capital Capital return purchase own shares treasury capital date
2026-03-04 SH03 capital Capital return purchase own shares treasury capital date
2026-03-02 SH03 capital Capital return purchase own shares treasury capital date
2026-03-02 SH03 capital Capital return purchase own shares treasury capital date
2026-02-20 SH03 capital Capital return purchase own shares treasury capital date
2026-02-20 SH03 capital Capital return purchase own shares treasury capital date
2026-02-20 SH03 capital Capital return purchase own shares treasury capital date
2026-02-20 SH03 capital Capital return purchase own shares treasury capital date
2026-02-13 RESOLUTIONS resolution Resolution
2026-02-12 SH03 capital Capital return purchase own shares treasury capital date
2026-02-12 SH03 capital Capital return purchase own shares treasury capital date
2026-02-12 SH03 capital Capital return purchase own shares treasury capital date

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
20

last 12 months

Capital events
19

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.

Official Companies House page