THE JOHN BLACK CHARITABLE FOUNDATION

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

• Turnover

  —

  Not reported

• Cash

  -3.9%

  £1,190,231 → £1,143,331

• Net assets

  +1.4%

  £77,303,250 → £78,421,450

• Employees

  0%

  3 → 3

• Wages

  +1%

  £200,770 → £202,766

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

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

Moore Kingston Smith LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The trustees have assessed whether the use of the going concern basis is appropriate and have considered possible events or conditions that might cast significant doubt on the ability of the charitable group to continue as a going concern. After making enquiries the trustees have concluded that there is a reasonable expectation that the charitable group has adequate resources to continue to settle its debts as they fall due for the future. The charitable group therefore continues to adopt the going concern basis in preparing its financial statements.”

Group structure

1. THE JOHN BLACK CHARITABLE FOUNDATION · parent
   1. The Margin Finance Corporation Limited 100% · England · property investment, development, consultancy, management and the making of loans
   2. Borrisbrook Properties Limited 100% · England · property dealers, developers and property investors

Significant events

• “In the year under review the trustees again took advantage of the higher interest rates to increase the Foundation's ownership of high-quality corporate bonds and government-backed securities, resulting in better returns being generated with a low risk profile.”
• “Last year the trustees purchased the outstanding 50% interest in the long leasehold property at 24 Old Burlington Street, London W1. Its wholly owned subsidiary Margin Finance Corporation Ltd has owned a 50% interest since the inception of the Foundation in 2011.”
• “A new grant for the Oxford Prostate Chair, amounting to £865,000, replaced a previous commitment of £250,000, and is payable over a 5-year period in equal amounts of £173,000 per annum.”

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

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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