NORMAN GARON TRUST
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Cash
£1.1m
+39.6% highest in 3 filed years
Net assets
£6.2m
+6.5% highest in 3 filed years
Employees
49
+14% highest in 3 filed years
Profit before tax
£377k
+46.8% highest in 3 filed years
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Total income | £571,869 | £2,924,727 | £3,361,764 | +14.9% | |
| Operating profit | -£10,684 | £187,172 | — | — | |
| Profit before tax | £58,257 | £257,187 | £377,475 | +46.8% | |
| Net profit | £58,257 | £257,187 | £377,475 | +46.8% | |
| Cash | £328,661 | £787,295 | £1,098,973 | +39.6% | |
| Total assets less current liabilities | £5,557,500 | £5,868,540 | £6,192,162 | +5.5% | |
| Net assets | £5,557,500 | £5,814,687 | £6,192,162 | +6.5% | |
| Equity | £5,557,500 | £5,814,687 | £6,192,162 | +6.5% | |
| Average employees | 42 | 43 | 49 | +14% | |
| Wages | £767,914 | £916,014 | £1,047,524 | +14.4% | |
| Directors' remuneration | — | — | — | — |
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 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | -1.9% | 6.4% | — | |
| Net margin | 10.2% | 8.8% | 11.2% | |
| Return on capital employed | -0.2% | 3.2% | — | |
| Gearing (liabilities / total assets) | 9.1% | 9.3% | 5.9% | |
| Current ratio | 0.92x | 1.73x | 3.20x | |
| Interest cover | -1.32x | 24.05x | — |
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
- NORMAN GARON TRUST 2007-10-02 → present
- NORMAN GARON TRUST LIMITED 2007-06-25 → 2007-10-02
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- Edmund Carr LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“After making enquiries, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the annual report and accounts.”
Group structure
- NORMAN GARON TRUST · parent
- Garon Park Golf Events Limited 100%
Significant events
- “During the year the Trustees recognised their over reliance on the Chairman to manage the operational parts of the Trust, and the vulnerability of the Trust should he not be available. They therefore resolved to appoint a full time Chief Executive to take over that role, and following a successful recruitment process, K Hepple took up office in April 2024.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| TOLHURST, Philip John | Secretary | 2007-08-01 | — | British |
| BYE, Robert Andrew | Director | 2015-06-10 | Aug 1958 | British |
| FURLONGER, Richard Charles | Director | 2007-08-01 | Mar 1956 | British |
| HUGHES, Michael Elwyn | Director | 2007-08-01 | Apr 1966 | British |
| STENNETT, Paul Justin | Director | 2007-08-01 | Apr 1959 | British |
| TOLHURST, Philip John | Director | 2007-08-01 | Feb 1950 | British |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| FOREMOST FORMATIONS COMPANY SERVICES LTD | Corporate Secretary | 2007-06-25 | 2007-06-25 |
| BLACK, David | Director | 2007-06-25 | 2007-06-25 |
| BYE, Robert Andrew | Director | 2007-10-01 | 2008-09-30 |
| DEAR, Janice Ann | Director | 2008-10-01 | 2015-06-10 |
| FOREMOST FORMATIONS COMPANY SERVICES LTD | Corporate Director | 2007-06-25 | 2007-06-25 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 67 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-12 | AA | accounts | Accounts with accounts type group | |
| 2026-08-12 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-05-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-05-22 | CH01 | officers | Change person director company with change date | |
| 2026-04-21 | CH01 | officers | Change person director company with change date | |
| 2025-10-07 | AA | accounts | Accounts with accounts type group | |
| 2025-04-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-23 | AA | accounts | Accounts with accounts type group | |
| 2024-04-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-07-15 | AA | accounts | Accounts with accounts type group | |
| 2023-03-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-08-09 | AA | accounts | Accounts with accounts type group | |
| 2022-03-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-09-29 | AA | accounts | Accounts with accounts type group | |
| 2021-03-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-03-09 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2020-10-01 | AA | accounts | Accounts with accounts type total exemption full | |
| 2020-03-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-07-18 | AA | accounts | Accounts with accounts type total exemption full | |
| 2019-03-19 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 0
- 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.