BARONSMEAD SECOND VENTURE TRUST PLC
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Next accounts due
2027-03-31 (in 10mo)
Last filed for 2025-09-30
Confirmation statement due
2027-02-12 (in 9mo)
Last made up 2026-01-29
Watchouts
None on the register
Cash
£4M
-41.2% vs 2024
Net assets
£221M
-2.8% vs 2024
Employees
—
Average over period
Profit before tax
£3M
-80.4% vs 2024
Net assets
2-year trend · vs Financials median
Accounts
2-year trend · latest reflected 2025-09-30
| Metric | Trend | 2024-09-30 | 2025-09-30 |
|---|---|---|---|
| Turnover | — | — | |
| Operating profit | — | — | |
| Profit before tax | £13,097,000 | £2,569,000 | |
| Net profit | £11,844,000 | £2,205,000 | |
| Cash | £5,990,000 | £3,522,000 | |
| Total assets less current liabilities | £227,444,000 | £221,187,000 | |
| Net assets | £227,444,000 | £221,187,000 | |
| Equity | £227,444,000 | £221,187,000 | |
| Average employees | — | — | |
| Wages | — | — | |
| Directors' remuneration | £127,100,000 | £134,564,000 |
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
-
Turnover
—
Not reported
-
Cash
-41.2%
£5,990,000 £3,522,000
-
Net assets
-2.8%
£227,444,000 £221,187,000
-
Employees
—
Not reported
-
Profit before tax
-80.4%
£13,097,000 £2,569,000
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 | 2024-09-30 | 2025-09-30 |
|---|---|---|---|
| Gearing (liabilities / total assets) | 3.1% | 2.0% | |
| Current ratio | 3.92x | 4.47x |
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 1 time since incorporation
- BARONSMEAD SECOND VENTURE TRUST PLC 2016-03-14 → present
- BARONSMEAD VCT 3 PLC 2000-11-22 → 2016-03-14
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Vanessa-Jayne Bradley, BDO LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors have made appropriate enquiries and consider that the Company has adequate resources to continue in operational existence for at least twelve months from the date of approval of these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the Annual Report and financial statements.”
Significant events
- “During the year six new unquoted investments were completed.”
- “On 4 September 2025, the Company announced its intention to launch an additional £10 million overallotment facility for existing shareholders and an additional £10 million overallotment facility alongside our sister VCT, Baronsmead VCT plc.”
- “The Company bought back a total of 14,137,109 ordinary shares at an aggregate nominal value of £1,413,711.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 20 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| GRESHAM HOUSE ASSET MANAGEMENT LIMITED | Corporate Secretary | 2018-11-30 | — | — |
| FARAZMAND, Timothy Bahram Neville | Director | 2020-05-01 | Sep 1960 | British |
| FROMSON, Sarah Katinka | Director | 2019-10-01 | Nov 1959 | British |
| MCDONALD, Graham John | Director | 2021-02-16 | May 1960 | British |
| STIRLING, Adriana Victoria | Director | 2024-12-01 | Dec 1977 | British |
Show 20 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| FORSTER, Paul Martin | Secretary | 2008-04-15 | 2009-12-14 |
| LAWSON, Barry | Secretary | 2009-12-09 | 2010-04-19 |
| ROWSON, Simon Andrew | Secretary | 2000-11-22 | 2001-01-09 |
| F&C ASSET MANAGEMENT PLC | Corporate Secretary | 2001-01-09 | 2008-04-15 |
| ISIS EP LLP | Corporate Secretary | 2010-04-19 | 2014-06-01 |
| LIVINGBRIDGE VC LLP | Corporate Secretary | 2014-06-01 | 2018-11-30 |
| LUCIENE JAMES LIMITED | Corporate Nominee Secretary | 2000-11-22 | 2000-11-22 |
| CANNON BROOKES, Markham | Director | 2001-01-09 | 2010-05-18 |
| DAVIES, John | Director | 2016-11-30 | 2020-02-27 |
| GROAT, Malcolm | Director | 2016-03-11 | 2024-12-31 |
| KARNEY, Andrew Lumsdaine | Director | 2001-01-09 | 2016-03-11 |
| MITCHELL, Andrew | Director | 2000-11-22 | 2001-01-09 |
| NOTT, Gillian | Director | 2001-01-09 | 2016-03-11 |
| ORROCK, Ian Jackson | Director | 2010-10-21 | 2020-05-01 |
| OWEN, Robert Richardson | Director | 2016-03-11 | 2016-10-13 |
| OWEN, Robert Richardson | Director | 2001-01-09 | 2010-09-28 |
| SFEIR, Annabelle | Director | 2000-11-22 | 2001-01-09 |
| TOWNSEND, John Anthony Victor | Director | 2009-08-04 | 2021-02-16 |
| LUCIENE JAMES LIMITED | Corporate Nominee Director | 2000-11-22 | 2000-11-22 |
| THE COMPANY REGISTRATION AGENTS LIMITED | Corporate Nominee Director | 2000-11-22 | 2000-11-22 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 419 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-04-04 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-27 | SH04 | capital | Capital sale or transfer treasury shares with date currency capital figure | |
| 2026-04-22 | SH03 | capital | Capital return purchase own shares treasury capital date | |
| 2026-04-07 | SH01 | capital | Capital allotment shares | |
| 2026-04-04 | RESOLUTIONS | resolution | Resolution | |
| 2026-03-17 | SH01 | capital | Capital allotment shares | |
| 2026-03-13 | AA | accounts | Accounts with accounts type full | |
| 2026-02-06 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-02-05 | SH01 | capital | Capital allotment shares | |
| 2025-12-08 | SH01 | capital | Capital allotment shares | |
| 2025-12-01 | SH03 | capital | Capital return purchase own shares treasury capital date | |
| 2025-10-30 | SH03 | capital | Capital return purchase own shares treasury capital date | |
| 2025-09-23 | SH04 | capital | Capital sale or transfer treasury shares with date currency capital figure | |
| 2025-08-18 | SH03 | capital | Capital return purchase own shares | |
| 2025-07-08 | AA | accounts | Accounts with accounts type interim | |
| 2025-06-26 | SH01 | capital | Capital allotment shares | |
| 2025-06-25 | SH03 | capital | Capital return purchase own shares treasury capital date | |
| 2025-05-30 | SH01 | capital | Capital allotment shares | |
| 2025-05-07 | SH03 | capital | Capital return purchase own shares treasury capital date | |
| 2025-04-07 | SH01 | capital | Capital allotment shares | |
| 2025-04-07 | SH01 | capital | Capital allotment shares |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 18
- Capital events
- 16
- Officers appointed
- 0
- Officers resigned
- 0
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.