THE FREELANDS FOUNDATION LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-03-13 (in 10mo)
Last made up 2026-02-27
Watchouts
None on the register
Cash
£7M
+433% vs 2023
Net assets
£54M
+3.2% vs 2023
Employees
21
-8.7% vs 2023
Profit before tax
—
Period ending 2024-12-31
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | — | — | |
| Operating profit | — | — | |
| Profit before tax | — | — | |
| Net profit | -£1,521,918 | £1,674,742 | |
| Cash | £1,235,352 | £6,583,982 | |
| Total assets less current liabilities | £52,441,300 | £54,116,042 | |
| Net assets | £52,441,300 | £54,116,042 | |
| Equity | £52,441,300 | £54,116,042 | |
| Average employees | 23 | 21 | |
| Wages | £866,094 | £850,562 | |
| 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
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
—
Not reported
-
Cash
+433%
£1,235,352 £6,583,982
-
Net assets
+3.2%
£52,441,300 £54,116,042
-
Employees
-8.7%
23 21
-
Wages
-1.8%
£866,094 £850,562
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Gearing (liabilities / total assets) | 0.3% | 0.5% | |
| Current ratio | 8.98x | 23.83x |
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
- Standalone (parent only)
- Auditor
- Sayer Vincent LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“As of year end 2024, the Foundation had assets totalling £54,414,312. This provides the Foundation with a secure future for supporting the realisation of the intended charitable aims and objectives for a minimum of 12 months from the date of signing this report.”
Significant events
- “At the start of 2025, Freelands Foundation moved into a new home: a permanent space for art education in central London.”
- “Entering our tenth anniversary year, the Foundation faces an exciting future.”
- “After eight editions, we took the decision to pause the Freelands Award in 2024 and explore options for a relaunch in 2025.”
- “In 2024 the Freelands Foundation had an offer on 12 Errol Street, London, EC1Y 8LX, for a total value of £4,250,000. At 31 December 2024, a deposit of £405,000 had been paid and as held on the balance sheet as a prepayment. The purchase was completed in January 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DEVEREUX, Mark Jonathan | Director | 2015-03-18 | Aug 1956 | British |
| MURDOCH, Elisabeth | Director | 2015-03-18 | Aug 1968 | British |
| TYSON, Keith Thomas | Director | 2020-05-12 | Aug 1969 | British |
| VON SCHMIDT AUF ALTENSTADT, Sarah Sue | Director | 2018-03-13 | Sep 1971 | British |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| PALMER, Christopher | Director | 2015-03-18 | 2018-01-26 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 34 total filings
Material constitutional events — rename, articles re-file, resolution
- 2021-06-20 MA Memorandum articles
- 2021-06-20 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-02-13 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-10-29 | AAMD | accounts | Accounts amended with accounts type full | |
| 2025-10-03 | AA | accounts | Accounts with accounts type full | |
| 2025-03-28 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-03-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-27 | AA | accounts | Accounts with accounts type full | |
| 2024-03-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-02 | AA | accounts | Accounts with accounts type full | |
| 2023-03-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-10-05 | AA | accounts | Accounts with accounts type full | |
| 2022-03-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-08-22 | AA | accounts | Accounts with accounts type full | |
| 2021-06-20 | MA | incorporation | Memorandum articles | |
| 2021-06-20 | RESOLUTIONS | resolution | Resolution | |
| 2021-04-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-10-09 | AA | accounts | Accounts with accounts type full | |
| 2020-05-13 | AP01 | officers | Appoint person director company with name date | |
| 2020-04-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-04-14 | AD01 | address | Change registered office address company with date old address new address |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- 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.