THE HILL FOUNDATION
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Cash
£1M
-25.6% vs 2025
Net assets
£14M
-14.9% lowest in 3 filed years
Employees
0
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
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
5-year trend · vs Health Care median
Accounts
5-year trend · Δ = latest vs prior filed period · latest reflected 2026-03-31
| Metric | Trend | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 | 2026-03-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | £350,018 | £322,645 | — | — | |
| Operating profit | — | — | -£2,030,345 | -£3,081,069 | — | — | |
| Profit before tax | — | — | -£2,030,345 | -£3,081,069 | — | — | |
| Net profit | — | — | -£2,030,345 | — | -£2,464,698 | — | |
| Cash | — | — | £299,408 | £1,388,266 | £1,033,512 | -25.6% | |
| Total assets less current liabilities | — | — | £19,274,727 | £16,567,697 | £14,102,999 | -14.9% | |
| Net assets | — | — | £19,274,727 | £16,567,697 | £14,102,999 | -14.9% | |
| Equity | — | — | £19,274,727 | £16,567,697 | £14,102,999 | -14.9% | |
| Average employees | 0 | 0 | 0 | 0 | 0 | — | |
| 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 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|---|---|---|
| Return on capital employed | — | — | -10.5% | -18.6% | — | |
| Current ratio | — | — | 0.01x | 0.01x | — | |
| Interest cover | — | — | — | -37.87x | — |
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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- Gravita Audit Oxford LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Significant events
- “The policies adopted in furtherance of the Foundation's charitable objects have to cate been the provision of student scholarships at Oxford, Cambridge and Durham University. The awards have been made to outstanding young citizens of the Russian Federation who have had a first degree from a Russian university and who intend to return, when circumstances permit, to their homeland, and to spend their lives in ways beneficial to their home society: whether in business, academic life, public service, the arts or the professions. The charity has also supported cultural activities relating to the furtherance of its objectives, namely, to foster positive relations between the UK and the Russian Federation.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| FORSDICK, Denise Ann | Secretary | 2018-01-15 | — | — |
| KELLY, Catriona | Director | 2008-05-15 | Oct 1959 | British |
| MORRISON, Alexander Stephen, Dr | Director | 2026-06-11 | May 1978 | British |
| TULLOCH, Alastair Robert Clifford | Director | 2007-05-10 | Oct 1955 | British |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| TULLOCH, Alastair Robert Clifford | Secretary | 2001-03-28 | 2018-01-15 |
| KITCATT, James William Aylen | Director | 2001-03-28 | 2018-01-17 |
| NEVZLINA, Irina Leonidovna | Director | 2001-03-28 | 2009-08-10 |
| NIGHTINGALE, John Bartholomew Wakelyn | Director | 2022-02-17 | 2026-03-13 |
| SMITH, Anthony David | Director | 2001-03-28 | 2021-11-28 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Anthony Warner | Individual | Voting 25–50% | 2026-06-11 | Active |
| Mr John Bartholomew Wakelyn Nightingale Of Cromarty | Individual | Voting 25–50% | 2022-12-06 | Ceased 2026-06-10 |
| Mr Anthony David Smith | Individual | Voting 25–50% | 2016-04-06 | Ceased 2021-11-28 |
| Mr James William Aylen Kitcatt | Individual | Voting 25–50% | 2016-04-06 | Ceased 2018-01-17 |
| Mr Alastair Robert Clifford Tulloch | Individual | Voting 25–50% | 2016-04-06 | Active |
Filing timeline
Last 20 of 78 total filings
Material constitutional events — rename, articles re-file, resolution
- 2023-01-03 RESOLUTIONS Resolution
- 2023-01-03 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-30 | AA | accounts | Accounts with accounts type full | |
| 2026-06-25 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2026-06-17 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2026-06-17 | AP01 | officers | Appoint person director company with name date | |
| 2026-04-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-03-16 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-09 | AA | accounts | Accounts with accounts type full | |
| 2025-04-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-09 | AA | accounts | Accounts with accounts type total exemption full | |
| 2024-04-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-11-09 | AA | accounts | Accounts with accounts type full | |
| 2023-10-24 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2023-04-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-01-03 | RESOLUTIONS | resolution | Resolution | |
| 2023-01-03 | MA | incorporation | Memorandum articles | |
| 2022-12-16 | AA | accounts | Accounts with accounts type full | |
| 2022-05-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-02-18 | AP01 | officers | Appoint person director company with name date | |
| 2022-01-06 | TM01 | officers | Termination director company with name termination date | |
| 2021-12-02 | PSC07 | persons-with-significant-control | Cessation of a person with significant control |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 1
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.