HERTFORD BRITISH CHARITABLE FUND

1. HERTFORD BRITISH CHARITABLE FUND 2024-01-16 → present
2. HERTFORD BRITISH HOSPITAL CORPORATION, PARIS 1966-05-10 → 2024-01-16

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

Grant Thornton

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In preparing the financial statements, the Trustees are responsible for assessing the ability to continue as a going concern, disclosing, as applicable, masters related to going concern and using the going concern basis of accounting unless the Trustees either intend de liquidate the entity or to cease operations, or have no realistic alternative but to do so.”

Significant events

• “The BCF and the Charity were engaged over several years in a process aimed at ensuring that the two charities could work ever more closely together going forward, this culminated in the merger of the two charities on 1st January 2025.”
• “The renovated building was delivered after completion of a €10 million project to clean the façade, renew the gardens and totally renew the interior, bringing it fully up to modern standards, including environmental standards. The building will be operated as a meeting centre by Comet Levallois SAS, beginning on 31st March 2025.”
• “In 2024, the debtor balance was written off and the provision reversed. No amounts related to Zalthabar remain on the balance sheet at 31st December 2024.”
• “a fixed term loan of €2 million was obtained from Société Générale... Length of the loan: 5 years fixed term from July 2024. Reimbursement: monthly. Interest rate: 3.91% fixed rate.”
• “The Wallace Gardens lease was extended in 2024 and will now run until 31st December 2030.”
• “In 2022, because of the delays encountered in the renovation of the Fondation Cognacq-Jay's nearby hospital buildings, the occupancy agreement was extended under the same terms until 2028 and now provides that the borrower may, 6 months before the end of the initial term, request that HBCF extend that term to either 28th March 2027 or 28th September 2028.”
• “Accordingly, the Charity ceased to provide medical services on 1st January 2021 and has provided no such services since that date.”

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

Filings

20

last 12 months

Capital events

0

last 24 months

Officers appointed

1

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

  -32.1%

  £2,018,719 → £1,370,061

• Cash

  -71.2%

  £1,954,220 → £562,165

• Net assets

  -23%

  £51,097,089 → £39,350,829

• Employees

  +100%

  1 → 2

• Operating profit

  +222.9%

  £202,528 → £654,057

• Profit before tax

  +154.8%

  £181,088 → £461,409

• Wages

  +22%

  £111,332 → £135,863

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