WILLIAM LEECH FOUNDATION LIMITED(THE)

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

Consolidated group

Auditor

Azets Audit Services

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the director's 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 group and charitable parents' financial statements were authorised for issue.”

Group structure

1. WILLIAM LEECH FOUNDATION LIMITED(THE) · parent
   1. The William Leech Foundation Limited - The Foundation Trust 231673 100% · England
   2. The William Leech Foundation Limited - The Charity Trust 231674 100% · England
   3. The William Leech Research Fund 1127350 100% · England

Significant events

• “The global stock markets have continued to be impacted by geopolitical issues with the value of global equities falling significantly in the first quarter of 2025. In February and March 2025, markets reacted to the impact of policy uncertainty on growth and investment as well as the potential inflationary impact of trade restrictions following tariff announcements by President Trump, after his re-election in November 2024.”
• “Markets fell sharply on 31 March 2025. Markets fell further at the start of April 2025 once the actual "reciprocal" tariffs were announced and rallied slightly in the following days following a pause in the implementation date of these tariffs (with the exception of those imposed on China). The full impact is therefore still to be seen and there are concerns around the impact on global growth, inflation and interest rates.”
• “Major technology stocks, the "Magnificent 7", fell sharply in the first quarter of 2025 as investors questioned these firms' large capital spending commitments after the Chinese startup, DeepSeek, launched a new low-cost Artificial Intelligence (AI) model.”
• “The war in Ukraine continues and the situation in the Middle East remains a concern with the potential for further escalation and threats to supply chains given the continuing disruption to the Red Sea shipping routes.”

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

Filings

6

last 12 months

Capital events

0

last 24 months

Officers appointed

1

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.

• Turnover

  —

  Not reported

• Cash

  -33.8%

  £264,571 → £175,040

• Net assets

  -6.6%

  £77,518,211 → £72,382,543

• Employees

  —

  Not reported

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