STANDARD CHARTERED FOUNDATION
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-05-01 (in 1y)
Last made up 2026-04-17
Watchouts
None on the register
Cash
£6M
USD 7,820,975
+75.8% vs 2023
Net assets
£32M
USD 42,266,609
-23.8% vs 2023
Employees
4
+33.3% vs 2023
Profit before tax
—
Period ending 2024-12-31
Net assets
2-year trend · vs Financials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £43,622,787 | £4,061,934 | |
| Operating profit | — | — | |
| Profit before tax | — | — | |
| Net profit | £38,761,603 | -£9,881,772 | |
| Cash | £3,325,034 | £5,846,584 | |
| Total assets less current liabilities | £42,435,117 | £36,365,070 | |
| Net assets | £41,478,251 | £31,596,478 | |
| Equity | £41,478,251 | £31,596,478 | |
| Average employees | 3 | 4 | |
| Wages | £153,124 | £310,099 | |
| 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
-90.7%
£43,622,787 £4,061,934
-
Cash
+75.8%
£3,325,034 £5,846,584
-
Net assets
-23.8%
£41,478,251 £31,596,478
-
Employees
+33.3%
3 4
-
Wages
+102.5%
£153,124 £310,099
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 |
|---|---|---|---|
| Net margin | 88.9% | — | |
| Gearing (liabilities / total assets) | 7.7% | 24.7% | |
| Current ratio | 4.93x | 2.45x |
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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- RSM UK Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Trustees have reviewed SCF's financial budget and are of the opinion that there are no material uncertainties and that SCF has adequate resources to continue as a going concern for the foreseeable future.”
Significant events
- “2024 was a transitional year for Standard Chartered Foundation as we implemented the next phase of our ambitious work to catalyse transformative change for young people.”
- “a key strategic shift occurred in March 2024 with the discontinuation of the Programme Steering Committee”
- “In 2024, SCF committed approximately USD17.9 million in longer, 3-year grants with 8 strategic NGO partners. These comprise 13 employability and 9 entrepreneurship projects across 18 markets. The amount granted represents 30 per cent of the total 2024-2030 funding commitment.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
8 active · 8 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ANG, Teng Siang Raymond | Director | 2025-01-16 | Jul 1970 | Singaporean |
| BIRD, Bella Deborah Mary | Director | 2024-09-04 | Sep 1965 | British |
| HODGE, Daniel James | Director | 2024-10-21 | Mar 1973 | British |
| ISPAHANI, Mirza Iraj | Director | 2019-06-19 | Nov 1960 | British |
| KAPILASHRAMI, Tanuj | Director | 2024-09-04 | Aug 1977 | British |
| LEE, Patrick Fook Yau | Director | 2025-04-29 | Nov 1971 | Malaysian,Singaporean |
| MCDERMOTT, Tracey Elizabeth | Director | 2019-04-29 | Apr 1969 | British |
| NGIGI, Caroline Gathoni | Director | 2026-02-05 | Jan 1980 | British |
Show 8 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| COOPER, Simon Nigel | Director | 2019-04-29 | 2023-01-30 |
| DIXON, Claire Elizabeth Vibart | Director | 2021-05-20 | 2024-04-15 |
| FEIN, David | Director | 2019-04-29 | 2021-03-29 |
| HALFORD, Andrew Nigel | Director | 2019-04-29 | 2023-06-22 |
| LLOYD, Elizabeth Ann | Director | 2019-06-19 | 2024-12-03 |
| MTAWA, Marieta | Director | 2021-03-17 | 2025-12-01 |
| OKORO-HOPKINS, Sandra Ngozi, Dr | Director | 2023-02-01 | 2024-12-11 |
| POWELL, Gregory John | Director | 2023-06-22 | 2024-09-18 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Standard Chartered Bank | Corporate entity | Voting 75–100%, Appoints directors | 2019-04-29 | Active |
Filing timeline
Last 20 of 43 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-01-19 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-02-11 | AP01 | officers | Appoint person director company with name date | |
| 2026-01-19 | MA | incorporation | Memorandum articles | |
| 2025-12-04 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-04 | CH01 | officers | Change person director company with change date | |
| 2025-11-24 | CH01 | officers | Change person director company with change date | |
| 2025-08-15 | AA | accounts | Accounts with accounts type full | |
| 2025-05-09 | AP01 | officers | Appoint person director company with name date | |
| 2025-04-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-01-28 | AP01 | officers | Appoint person director company with name date | |
| 2025-01-20 | TM01 | officers | Termination director company with name termination date | |
| 2024-12-04 | TM01 | officers | Termination director company with name termination date | |
| 2024-10-23 | AP01 | officers | Appoint person director company with name date | |
| 2024-09-18 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-05 | AP01 | officers | Appoint person director company with name date | |
| 2024-09-05 | AP01 | officers | Appoint person director company with name date | |
| 2024-07-22 | AA | accounts | Accounts with accounts type full | |
| 2024-04-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-04-18 | TM01 | officers | Termination director company with name termination date | |
| 2023-09-07 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 8
- Capital events
- 0
- Officers appointed
- 1
- 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.