BREAKTHROUGH FOUNDATION
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-12-15 (in 7mo)
Last made up 2025-12-01
Watchouts
None on the register
Cash
£849K
USD 1,135,787
-74.4% lowest in 4 filed years
Net assets
£1M
USD 1,605,099
-55.1% vs 2023
Employees
0
Average over period
Profit before tax
—
Period ending 2024-12-31
Net assets
6-year trend · vs Consumer Discretionary median
Accounts
6-year trend · latest reflected 2024-12-31
| Metric | Trend | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £81,286,753 | £46,827,022 | |
| Operating profit | — | — | — | — | -£4,225,402 | -£1,470,813 | |
| Profit before tax | — | — | — | — | — | — | |
| Net profit | — | — | — | — | -£3,342,463 | -£1,470,813 | |
| Cash | — | — | £1,255,971 | £2,151,420 | £3,313,282 | £849,060 | |
| Total assets less current liabilities | — | — | £8,755,971 | £10,304,846 | £8,641,873 | £6,423,508 | |
| Net assets | — | — | £755,971 | £4,554,846 | £2,670,707 | £1,199,895 | |
| Equity | — | — | — | — | £2,670,707 | £1,199,895 | |
| Average employees | — | — | — | 0 | 0 | 0 | |
| Wages | — | — | — | — | — | — | |
| Directors' remuneration | — | — | — | — | £0 | £0 |
Figures converted to GBP from USD at 0.748 per USD (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-42.4%
£81,286,753 £46,827,022
-
Cash
-74.4%
£3,313,282 £849,060
lowest in 4 filed years
-
Net assets
-55.1%
£2,670,707 £1,199,895
-
Employees
—
Not reported
-
Operating profit
+65.2%
-£4,225,402 -£1,470,813
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 | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | -5.2% | -3.1% | |
| Net margin | — | — | — | — | -4.1% | -3.1% | |
| Return on capital employed | — | — | — | — | -48.9% | -22.9% | |
| Gearing (liabilities / total assets) | — | — | — | — | 82.3% | 95.7% | |
| Current ratio | — | — | — | — | 2.02x | 1.30x |
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
- BREAKTHROUGH FOUNDATION 2020-06-15 → present
- MILNER FOUNDATION 2014-12-01 → 2020-06-15
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- 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.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 4 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| FORSDICK, Denise | Secretary | 2015-11-02 | — | — |
| BONNEY, Richard James | Director | 2022-08-24 | Sep 1970 | British |
| CHAN, Chun Fung Jonathan | Director | 2022-08-24 | Sep 1987 | British |
| HUTCHINSON, James Alexander | Director | 2022-08-24 | Apr 1966 | American |
| PAVLOVA, Svetlana | Director | 2014-12-01 | Mar 1979 | British |
Show 4 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| TULLOCH, Alastair Robert Clifford | Secretary | 2014-12-01 | 2015-11-02 |
| FORSDICK, Denise Ann | Director | 2021-04-22 | 2024-09-27 |
| GRIPTON, Bruce Graham James | Director | 2014-12-01 | 2022-08-22 |
| TULLOCH, Alastair Robert Clifford | Director | 2014-12-01 | 2015-11-02 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Richard James Bonney | Individual | Shares 25–50% | 2022-08-22 | Active |
| Mr Bruce Graham James Gripton | Individual | Voting 25–50% | 2016-04-06 | Ceased 2022-08-22 |
| Ms Svetlana Pavlova | Individual | Voting 25–50% | 2016-04-06 | Active |
Filing timeline
Last 20 of 51 total filings
Material constitutional events — rename, articles re-file, resolution
- 2023-01-10 MA Memorandum articles
- 2023-01-10 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-29 | CH01 | officers | Change person director company with change date | |
| 2025-12-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-17 | AA | accounts | Accounts with accounts type full | |
| 2024-12-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-09 | AA | accounts | Accounts with accounts type medium | |
| 2024-09-27 | TM01 | officers | Termination director company with name termination date | |
| 2023-12-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-02 | AA | accounts | Accounts with accounts type full | |
| 2023-08-29 | AAMD | accounts | Accounts amended with accounts type full | |
| 2023-08-29 | AAMD | accounts | Accounts amended with accounts type full | |
| 2023-08-24 | AAMD | accounts | Accounts amended with accounts type full | |
| 2023-08-24 | AAMD | accounts | Accounts amended with accounts type full | |
| 2023-04-26 | CH01 | officers | Change person director company with change date | |
| 2023-01-10 | MA | incorporation | Memorandum articles | |
| 2023-01-10 | RESOLUTIONS | resolution | Resolution | |
| 2022-12-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-10-28 | AA | accounts | Accounts with accounts type full | |
| 2022-09-13 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2022-09-12 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2022-08-24 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- 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.