JERWOOD FOUNDATION
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Cash
£2.7m
-11.5% vs 2024
Net assets
£74m
+11.2% highest in 3 filed years
Employees
5
+66.7% highest in 4 filed years
Profit before tax
£7.4m
-77.1% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
4-year trend · vs Consumer Discretionary median
Accounts
4-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2022-03-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|
| Total income | — | £449,988 | £31,613,729 | — | — | |
| Operating profit | — | — | £28,908,425 | -£288,763 | -101% | |
| Profit before tax | — | £1,128,983 | £32,310,047 | £7,387,731 | -77.1% | |
| Net profit | — | £1,128,983 | £32,310,047 | £7,387,731 | -77.1% | |
| Cash | — | £1,985,278 | £3,001,977 | £2,655,893 | -11.5% | |
| Total assets less current liabilities | — | £33,990,391 | £66,617,771 | £73,837,059 | +10.8% | |
| Net assets | — | £33,909,391 | £66,219,438 | £73,607,169 | +11.2% | |
| Equity | — | £33,909,391 | £66,219,438 | £73,607,169 | +11.2% | |
| Average employees | 0 | 2 | 3 | 5 | +66.7% | |
| Wages | — | £70,590 | £153,097 | £195,321 | +27.6% | |
| Directors' remuneration | — | £53,040 | £84,800 | £93,200 | +9.9% | |
| Highest paid director | £NaN | £53,040 | £84,800 | £93,200 | +9.9% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2022-03-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|
| Operating margin | — | — | 91.4% | — | |
| Net margin | — | — | 102.2% | — | |
| Return on capital employed | — | — | 43.4% | -0.4% | |
| Gearing (liabilities / total assets) | — | 0.8% | 1.7% | 1.4% | |
| Current ratio | — | 10.98x | 4.00x | 3.21x | |
| Interest cover | — | — | — | -1.16x |
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
- Ellacotts Audit Services Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Trustees have given due consideration to the performance of the investment portfolios as well as the outgoings and future commitments and have a reasonable expectation that Jerwood Foundation has adequate resources to continue in operational existence for the foreseeable future. There are therefore no material uncertainties about Jerwood Foundation's ability to continue as a going concern.”
Significant events
- “During the financial period Jerwood Foundation acquired key works by the following artists for the Jerwood Collection, which have expanded and enriched our holding of modern and contemporary art: Dame Barbara Hepworth, Ben Nicholson OM, John Armstrong, Sarah Ball, Stanley William Hayter, Lubna Chowdhary and William Coldstream.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
10 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ASH, Lucy Amanda | Director | 2023-11-07 | Jul 1961 | British |
| CAMPBELL, Philippa Victoria | Director | 2021-07-16 | May 1971 | British |
| GOODISON, Katharine | Director | 2023-11-07 | Apr 1963 | British |
| KAHRASS CARMONA COSTA, Kathrin | Director | 2025-09-01 | Dec 1969 | British,German |
| KING, Christopher William | Director | 2023-11-07 | Oct 1990 | British |
| MAYHEW, Tara Louise | Director | 2021-07-16 | Dec 1970 | British |
| THOMPSON-SCHWAB, Miranda Emma | Director | 2023-11-07 | Feb 1965 | British |
| TYLER, Rupert David | Director | 2023-11-07 | Jan 1962 | British |
| WARDLE, Lara Louise | Director | 2021-07-16 | Sep 1974 | British |
| WHARTON, Juliane | Director | 2023-11-07 | Feb 1961 | German |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| GRIEVE, Alan Thomas | Director | 2021-07-16 | 2025-05-14 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Alan Thomas Grieve | Individual | Voting 50–75%, Appoints directors | 2021-07-16 | Ceased 2025-05-14 |
| Mrs Lara Louise Wardle | Individual | Voting 75–100%, Appoints directors | 2021-07-16 | Active |
Filing timeline
Last 20 of 39 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-11 | AA | accounts | Accounts with accounts type full | |
| 2026-07-20 | TM01 | officers | Termination director company with name termination date | |
| 2026-07-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-11-25 | CH01 | officers | Change person director company with change date | |
| 2025-09-18 | AP01 | officers | Appoint person director company with name date | |
| 2025-08-15 | AA | accounts | Accounts with accounts type full | |
| 2025-07-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-11 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-07-10 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-07-04 | TM01 | officers | Termination director company with name termination date | |
| 2024-12-13 | AA | accounts | Accounts with accounts type full | |
| 2024-12-12 | AA01 | accounts | Change account reference date company previous shortened | |
| 2024-07-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-12 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2024-07-12 | CH01 | officers | Change person director company with change date | |
| 2024-07-11 | CH01 | officers | Change person director company with change date | |
| 2024-07-11 | CH01 | officers | Change person director company with change date | |
| 2024-07-11 | CH01 | officers | Change person director company with change date | |
| 2024-07-11 | CH01 | officers | Change person director company with change date | |
| 2024-07-11 | CH01 | officers | Change person director company with change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 1
- 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.