TATE FOUNDATION
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Cash
£23m
+4.2% highest in 3 filed years
Net assets
£18m
+32.4% highest in 3 filed years
Employees
—
Average over period
Profit before tax
—
Period ending 2026-03-31
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
3 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2026-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 | 2026-03-31 | Δ vs prior |
|---|---|---|---|---|---|
| Total income | — | £7,405,246 | £12,052,563 | +62.8% | |
| Operating profit | -£3,562,739 | -£625,522 | — | — | |
| Profit before tax | -£3,562,739 | -£625,522 | — | — | |
| Net profit | -£3,562,739 | -£625,522 | £4,425,443 | +807.5% | |
| Cash | £18,876,608 | £21,663,106 | £22,574,719 | +4.2% | |
| Total assets less current liabilities | £14,290,502 | £13,664,980 | £18,090,423 | +32.4% | |
| Net assets | £14,290,502 | £13,664,980 | £18,090,423 | +32.4% | |
| Equity | £14,290,502 | £13,664,980 | £18,090,423 | +32.4% | |
| Average employees | — | — | — | — | |
| Wages | — | — | — | — | |
| Directors' remuneration | — | £0 | £0 | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-03-31 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|---|
| Operating margin | — | -8.4% | — | |
| Net margin | — | -8.4% | 36.7% | |
| Return on capital employed | -24.9% | -4.6% | — | |
| Gearing (liabilities / total assets) | 27.4% | 40.8% | 25.8% | |
| Current ratio | 3.57x | 2.40x | 3.69x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Moore Kingston Smith LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The trustees are confident that the company can continue to cover its operating costs as they fall due for a period of at least twelve 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
16 active · 42 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| YIANNIKAS, Anastasia | Secretary | 2021-09-27 | — | — |
| BARATTA, Joseph Patrick | Director | 2014-07-31 | Jan 1971 | American |
| ECONOMOU, George | Director | 2012-08-10 | Mar 1953 | Greek |
| EISLER, Edward Kirill | Director | 2015-09-23 | Jul 1969 | Austrian |
| GAONKAR, Mala Gopal | Director | 2018-06-20 | Nov 1969 | American |
| GETTY, Tatum | Director | 2026-03-10 | Dec 1981 | American |
| GRAD, Jonathan | Director | 2022-12-13 | Sep 1973 | American |
| GUTMAN, Anthony John Charles | Director | 2023-07-11 | May 1974 | British |
| HINDSBO, Karin | Director | 2026-03-10 | Apr 1974 | Danish |
| JHANGIANI, Manik Hiru | Director | 2025-03-06 | Jul 1965 | British |
| MEAD, Edward Scott | Director | 2006-11-21 | Jun 1954 | British |
| PALLEY, Simon Dan | Director | 2012-04-26 | Nov 1957 | British |
| ROMAN, Emmanuel | Director | 2012-04-26 | Aug 1963 | French |
| RUDD, Roland Dacre | Director | 2019-06-20 | Apr 1961 | British |
| SHORE, Howard Paul | Director | 2022-07-12 | Apr 1960 | British |
| UGGLA, Lance | Director | 2018-06-20 | Feb 1962 | British,Canadian |
Show 42 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| AYDON, Richard Hinchliffe | Secretary | 2010-06-23 | 2015-02-28 |
| BAILEY, Sarah Anne | Secretary | 2015-04-08 | 2018-06-30 |
| FESHITAN, Tara | Secretary | 2018-07-01 | 2021-09-22 |
| HILL, Jacqueline Ruth | Secretary | 2002-08-01 | 2009-02-23 |
| HORSEMAN SEWELL, Justine Elizabeth | Secretary | 2009-02-23 | 2010-02-24 |
| PAGE, Sharon Elizabeth | Secretary | 2000-06-02 | 2002-07-31 |
| ALEXANDER, Helen | Director | 2000-11-22 | 2003-02-17 |
| BALSHAW, CBE, Maria Jane, Dr | Director | 2017-06-01 | 2026-03-10 |
| BARNSLEY, Victoria | Director | 2007-06-21 | 2014-09-02 |
| BOTTS, John Chester | Director | 2002-10-28 | 2022-07-27 |
| BRICE, Deborah Loeb | Director | 2006-09-05 | 2013-09-09 |
| BROWNE OF MADINGLEY, Edmund John Phillip, Lord | Director | 2009-06-24 | 2017-07-31 |
| BURNS, Susan | Director | 2006-09-05 | 2013-09-26 |
| CLORE, Melanie Sarah Jane | Director | 2006-09-05 | 2013-11-27 |
| DAVIES, Howard John, Sir | Director | 2010-10-20 | 2013-09-16 |
| DE BOTTON, Janet Frances, Dame | Director | 2006-09-05 | 2010-09-24 |
| DJANOGLY, Harry Arieh Simon, Sir | Director | 2006-09-05 | 2010-09-15 |
| DUFFIELD, Vivien Louise, Dame | Director | 2006-11-21 | 2013-09-20 |
| FORESTER DE ROTHSCHILD, Lynn | Director | 2006-09-05 | 2013-11-25 |
| FOSTER, Elena, Lady | Director | 2006-09-05 | 2008-11-04 |
| GALLEY, Carol | Director | 2000-11-22 | 2012-09-21 |
| GOTTESMAN, Noam | Director | 2003-06-26 | 2013-09-02 |
| GRIMSHAW, Stewart | Director | 2007-10-04 | 2010-02-05 |
| MCAULAY, Rita Laura, The Hon | Director | 2006-09-05 | 2010-09-17 |
| MCAULAY, Ronald James | Director | 2006-09-05 | 2010-09-17 |
| MOROSS, Manfred David | Director | 2007-03-08 | 2014-07-21 |
| MYNERS, Paul, Lord | Director | 2004-02-26 | 2014-05-29 |
| PETITGAS, Franck Robert | Director | 2009-02-26 | 2024-03-07 |
| RITBLAT, Jillian Rosemary, Lady | Director | 2006-09-05 | 2015-09-28 |
| RITBLAT, John, Sir | Director | 2006-09-05 | 2015-10-05 |
| SACKLER, Theresa Elizabeth, Dame | Director | 2010-10-20 | 2015-06-24 |
| SAINSBURY, Timothy Alan Davan, The Right Honourable Sir | Director | 2006-09-05 | 2011-10-20 |
| SAINSBURY OF PRESTON CANDOVER, Anya, Lady | Director | 2006-09-05 | 2010-09-14 |
| SAINSBURY OF PRESTON CANDOVER, John Davan, Lord | Director | 2006-09-05 | 2010-09-14 |
| SALZ, Anthony Michael Vaughan, Sir | Director | 2000-11-22 | 2025-11-28 |
| SEROTA, Nicholas Andrew, Sir | Director | 2000-06-02 | 2017-06-01 |
| SIMON, Peter Michael | Director | 2006-09-05 | 2014-07-21 |
| SNOW, Jon George | Director | 2008-10-09 | 2013-09-09 |
| STEVENSON, Henry Dennistoun, Lord | Director | 2000-11-22 | 2026-07-21 |
| STUDZINSKI, John Joseph | Director | 2006-09-05 | 2015-07-15 |
| VEREY, David John, Sir | Director | 2000-06-02 | 2004-01-20 |
| ZABLUDOWICZ, Anita | Director | 2006-09-05 | 2013-11-19 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Roland Dacre Rudd | Individual | Voting 25–50%, Appoints directors | 2021-01-31 | Active |
| Mr Lionel Barber | Individual | Voting 25–50%, Appoints directors | 2018-03-29 | Ceased 2021-01-30 |
| Dr Maria Jane Balshaw, Cbe | Individual | Voting 25–50%, Appoints directors | 2017-06-01 | Ceased 2026-03-10 |
| Lord Edmund John Phillip Browne Of Madingley | Individual | Voting 25–50%, Appoints directors | 2016-04-06 | Ceased 2017-07-31 |
Filing timeline
Last 20 of 205 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-06-18 MA Memorandum articles
- 2026-06-18 RESOLUTIONS Resolution
- 2026-06-17 CC04 Statement of companys objects
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-21 | AA | accounts | Accounts with accounts type full | |
| 2026-09-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-08-04 | TM01 | officers | Termination director company with name termination date | |
| 2026-08-04 | TM01 | officers | Termination director company with name termination date | |
| 2026-06-18 | MA | incorporation | Memorandum articles | |
| 2026-06-18 | RESOLUTIONS | resolution | Resolution | |
| 2026-06-17 | CC04 | change-of-constitution | Statement of companys objects | |
| 2026-05-20 | AP01 | officers | Appoint person director company with name date | |
| 2026-04-28 | AP01 | officers | Appoint person director company with name date | |
| 2026-04-28 | TM01 | officers | Termination director company with name termination date | |
| 2026-04-28 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2026-02-16 | AA | accounts | Accounts with accounts type full | |
| 2025-07-10 | AP01 | officers | Appoint person director company with name date | |
| 2025-07-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-06-10 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-21 | AA | accounts | Accounts with accounts type full | |
| 2024-07-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-09 | AP01 | officers | Appoint person director company with name date | |
| 2023-09-18 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2023-09-18 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 12
- Capital events
- 0
- Officers appointed
- 2
- Officers resigned
- 3
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.