WIMBLEDON GUILD OF SOCIAL WELFARE

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

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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Crowe U.K. 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 charitable company'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.”

Group structure

1. WIMBLEDON GUILD OF SOCIAL WELFARE · parent
   1. WG Promotions Limited 100% · England and Wales · Dormant since 1st April 2016.
   2. Springfield Court Wimbledon Limited 100% · Not trading.

Significant events

• “In 2024-25 we revisited our Business Plan, supported by consultants from the Centre for Charity Effectiveness at Bayes Business School. We identified that growing demand for our services was placing significant pressure on our financial resources (primarily our investment portfolio), which have been adversely affected by global events. The scale of our investment portfolio allows us to take a longer-term view and manage market fluctuations, but there is a recognition that our capital is gradually reducing over time. Trustees wished to take steps to address this.”
• “As part of the Business Plan review, we also revised our Guild House redevelopment strategy. Our intention for a number of years had been to demolish Drake House and build a new replacement for Guild House on the former Drake House site. The expectation was to fund the project via the disposal of Guild House. After detailed consideration, the Trustees concluded that uncertainty over the timing and value of any potential Guild House disposal and uncertainty about the planning process, combined with the wider risks linked to a substantial newbuild project, were too great. We now plan to refurbish Guild House, with work on site scheduled for 2026 and preliminary design work currently underway.”
• “We envisage that our new Morden Base will continue to have a significant impact on communities that we do not ordinarily reach. Since it opened in early 2024 visitor numbers are increasing as our marketing initiatives take effect and word of mouth spreads.”
• “During the year we closed our grief support service due to funding constraints and three staff members were made redundant.”
• “In order to support the charitable activities of Wimbledon Guild, and with the approval of the Board, £1,570,000 was withdrawn from the portfolio managed by Cazenove/CCLA made up of £932,733 from the expendable endowment and £637,237 of Investment income.”
• “The investment portfolio valuation has fallen over the last quarter of the year and produced an overall loss of £578,485 (2023/24: £934,822 gain).”
• “We changed investment managers during the year.”

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

Filings

9

last 12 months

Capital events

0

last 24 months

Officers appointed

3

last 12 months

Officers resigned

2

last 12 months

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

• Turnover

  +8.3%

  £1,435,668 → £1,554,582

• Cash

  +69.9%

  £51,893 → £88,155

• Net assets

  -2.8%

  £32,425,997 → £31,508,820

• Employees

  +8%

  50 → 54

• Operating profit

  -27.4%

  -£701,343 → -£893,692

• Wages

  +10%

  £1,607,334 → £1,768,051

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers