LOCAL TRUST
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Next accounts due
2026-12-30 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2026-11-17 (in 6mo)
Last made up 2025-11-03
Watchouts
None on the register
Cash
£1M
-13.4% vs 2024
Net assets
£16M
-33.1% vs 2024
Employees
62
-1.6% vs 2024
Profit before tax
—
Period ending 2025-03-31
Net assets
2-year trend · vs Health Care median
Accounts
2-year trend · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Turnover | — | — | |
| Operating profit | -£14,579,000 | -£6,678,000 | |
| Profit before tax | — | — | |
| Net profit | -£14,166,000 | -£8,000,000 | |
| Cash | £1,322,000 | £1,145,000 | |
| Total assets less current liabilities | — | — | |
| Net assets | £24,177,000 | £16,177,000 | |
| Equity | £24,177,000 | £16,177,000 | |
| Average employees | 63 | 62 | |
| Wages | £3,032,000 | £3,145,000 | |
| 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. About these numbers
Year-on-year
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
—
Not reported
-
Cash
-13.4%
£1,322,000 £1,145,000
-
Net assets
-33.1%
£24,177,000 £16,177,000
-
Employees
-1.6%
63 62
-
Operating profit
+54.2%
-£14,579,000 -£6,678,000
-
Wages
+3.7%
£3,032,000 £3,145,000
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 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Gearing (liabilities / total assets) | 51.3% | 35.1% | |
| Current ratio | 0.15x | 2.82x | |
| Interest cover | -171.52x | -445.20x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Moore Kingston Smith 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.”
Group structure
- LOCAL TRUST · parent
- Big Local Trust
Significant events
- “With a surprise general election in July 2024, for example, we were able to invest time and resources briefing the new government and connecting with new MPs across Parliament.”
- “On 22 July, the Community Wealth Fund (CWF) campaign was re-launched with a parliamentary event for new MPs. As a founding member of the Community Wealth Fund Alliance, we asked the new government to commit to an immediate review and expansion of the proposed CWF, alongside a broader realignment towards the campaign's original principles.”
- “In December, a further £87.5m was committed.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
10 active · 26 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ROWNEY, Rachel | Secretary | 2025-04-01 | — | — |
| ALDRIDGE, Stephen Charles | Director | 2023-11-23 | Apr 1957 | British |
| BELL, Matthew | Director | 2021-11-25 | Sep 1967 | British |
| CATTERALL, Christopher | Director | 2021-11-25 | Oct 1985 | British |
| HAINSWORTH, Kate | Director | 2023-11-23 | Nov 1966 | British |
| MACFARLAND, Caroline | Director | 2019-11-21 | Apr 1986 | British |
| MELIA, Patrick Martin | Director | 2021-11-25 | Nov 1967 | British |
| POLLOCK, Nicola | Director | 2018-03-22 | Apr 1955 | British |
| WARNER, David Timothy | Director | 2018-03-22 | Apr 1963 | British |
| WILSON, Richard Simon | Director | 2018-03-22 | Aug 1976 | British |
Show 26 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| LADDS, Deborah Caroline | Secretary | 2012-01-05 | 2016-08-31 |
| LEACH, Matt | Secretary | 2017-01-04 | 2025-04-01 |
| ADEBOWALE, Maria Seun | Director | 2011-11-03 | 2012-03-26 |
| CASEY, Alice Keir | Director | 2014-10-09 | 2018-06-14 |
| FAHNBULLEH, Miatta | Director | 2019-11-21 | 2022-11-23 |
| GOODWIN, Daniel John | Director | 2014-10-09 | 2017-12-14 |
| HAMILTON, Michael Arthur | Director | 2011-11-03 | 2013-07-10 |
| KANE, Kathryn | Director | 2012-12-19 | 2018-01-29 |
| KHAN, Sahil | Director | 2018-03-22 | 2024-11-28 |
| LEE, Benjamin Yat Meng | Director | 2011-11-03 | 2020-11-25 |
| LICHNER, Jeannette Ann | Director | 2018-03-22 | 2023-03-23 |
| MELLANBY, Karen Louise | Director | 2018-11-15 | 2022-01-26 |
| MILLS, Peter Ensell | Director | 2012-12-19 | 2021-11-25 |
| PICKLES, Charlotte | Director | 2021-11-25 | 2024-01-31 |
| PRIOR, Clifford James | Director | 2011-11-03 | 2014-03-19 |
| RAMPTON, Julian Neville | Director | 2011-11-03 | 2011-11-03 |
| RICHES, Karen Ann | Director | 2014-10-09 | 2018-02-19 |
| ROBINSON, Andrew John | Director | 2011-11-03 | 2018-02-08 |
| SARWAR, Mohammed Shazad | Director | 2014-10-09 | 2015-06-18 |
| SEABROOKE, Alison Margaret, Ms. | Director | 2011-11-03 | 2016-03-17 |
| SHEPHERD, Penelope Anne | Director | 2012-12-19 | 2018-11-15 |
| STUDDERT, Jessica Nadine | Director | 2023-11-23 | 2025-11-27 |
| SUGRUE, John Kevin | Director | 2011-11-03 | 2020-11-25 |
| TAYLOR, Jonathan Michael | Director | 2012-12-19 | 2018-03-22 |
| THUST, Robert Charles | Director | 2018-03-22 | 2021-05-27 |
| WHITTON, John David, Dr | Director | 2012-12-19 | 2019-06-04 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 115 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-01-30 RESOLUTIONS Resolution
- 2025-12-03 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-30 | RESOLUTIONS | resolution | Resolution | |
| 2025-12-17 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-17 | AA | accounts | Accounts with accounts type group | |
| 2025-12-03 | MA | incorporation | Memorandum articles | |
| 2025-11-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-22 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-07-22 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-01-02 | AA | accounts | Accounts with accounts type group | |
| 2024-12-16 | TM01 | officers | Termination director company with name termination date | |
| 2024-12-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-11-12 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-01-31 | AP01 | officers | Appoint person director company with name date | |
| 2024-01-31 | AP01 | officers | Appoint person director company with name date | |
| 2024-01-31 | TM01 | officers | Termination director company with name termination date | |
| 2024-01-31 | AP01 | officers | Appoint person director company with name date | |
| 2023-12-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-12-21 | AA | accounts | Accounts with accounts type group | |
| 2023-04-21 | TM01 | officers | Termination director company with name termination date | |
| 2022-12-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-12-22 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 0
- Officers appointed
- 0
- 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.