THE HOWAT FOUNDATION LIMITED

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

• Turnover

  +128%

  £192,800 → £439,500

• Cash

  +192.1%

  £406,173 → £1,186,388

• Net assets

  +15.5%

  £5,185,673 → £5,987,382

• Employees

  -25%

  4 → 3

  lowest in 4 filed years

• Operating profit

  +26.7%

  £541,988 → £686,534

• Profit before tax

  +27.4%

  £639,618 → £814,745

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

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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Azets Audit Services

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.”

Significant events

• “In September 2025, the Foundation made a £15,000 donation to The Team Jak Foundation (Scottish Charity No. SC045586).”
• “During the year, the Foundation provided a further grant of £25,000 to the University of Glasgow's Institute of Cancer Sciences.”
• “Publication of high-impact papers in Science Translational Medicine, Nature Communications, and EMBO Reports, identifying key mechanisms in autophagy, mitochondrial metabolism, and pyruvate anaplerosis.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.