BIRMINGHAM AND SOLIHULL LOCAL IMPROVEMENT FINANCE TRUST LIMITED

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 —. Year-on-year comparison hidden: this filing's period length differs materially from the prior year. About these numbers

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.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Cooper Parry Group Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors are satisfied that it is appropriate to prepare the financial statements for the Group on a going concern basis. The Directors regularly monitor the financial position of the Group and its subsidiaries and their ability to stay within debt covenants. Due to the strong financial position of the Group, the Board remains satisfied that the Group is able to continue to operate well within its available resources with adequate headroom.”

Group structure

1. BIRMINGHAM AND SOLIHULL LOCAL IMPROVEMENT FINANCE TRUST LIMITED · parent
   1. Birmingham and Solihull LIFT (Fundco 1) Limited 100% · Property Investment
   2. Birmingham and Solihull LIFT (Fundco 2) Limited 100% · Property Investment
   3. Birmingham and Solihull LIFT (Fundco 3) Limited 100% · Property Investment
   4. Birmingham and Solihull LIFT (Fundco 4) Limited 100% · Property Investment

Significant events

• “During the year, BaS completed a feasibility study at Chelmsley Wood Primary Care Centre to identify how clinical capacity could be increased. The findings enabled CHP to allocate capital funding and appoint BaS to design and procure the proposed reconfiguration.”
• “Construction on the scheme is expected to commence in early 2026.”
• “A strategic plan is in place for 2026 as the Group approaches the final years of the earliest BaS LIFT schemes, with lease expiries beginning in 2030. CHP is progressing national engagement regarding its option to purchase core LIFT buildings at lease end, and BaS LIFT will continue to ensure the estate remains high-quality and compliant while these longer-term decisions are developed.”
• “Decarbonisation will remain a central focus, with BaS LIFT embedding property-specific decarbonisation plans into lifecycle programmes and prioritising the most impactful energy-efficiency measures within available budgets.”
• “Improving utilisation remains key to supporting the ICB's ambition to maximise existing primary and community care space. In 2026 BaS LIFT will progress reconfiguration works at Richmond, commence utilisation studies at Woodgate Valley, support proposals for a Frailty Hub at Hodge Hill, and continue projects such as the Summerfield conversion to flexible clinical accommodation.”
• “Operational management will be strengthened through greater use of data to inform maintenance activity and overall estate performance. Lifecycle planning will continue to take a balanced approach, ensuring investment decisions support both the ongoing upkeep of the buildings and longer-term environmental ambitions.”
• “As End-of-Term approaches, BaS LIFT will work closely with Funders and stakeholders to manage increasing diligence requirements as required.”

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

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.