THE ROYAL MASONIC BENEVOLENT INSTITUTION CARE COMPANY

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

Knox Cropper 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. THE ROYAL MASONIC BENEVOLENT INSTITUTION CARE COMPANY · parent
   1. RMBI Trading Ltd 100% · The companies' principal activities are the design, build, alteration of RMBICC properties and management and resident billing.
   2. Stability Investments Ltd 100% · The companies' principal activities are the design, build, alteration of RMBICC properties and management and resident billing.
   3. RMBI (Settlement) Limited 100% · The companies' principal activities are the design, build, alteration of RMBICC properties and management and resident billing.
   4. 19/21 GQS Limited 100% · The companies' principal activities are the design, build, alteration of RMBICC properties and management and resident billing.

Significant events

• “During 2022/23 the Charity successfully and for the first time raised investment finance from the London Stock Exchange through the Sustainable Retail Charity Bond Platform. The £20million Bonds at 6.25% were issued by the special purpose vehicle RCB Bonds PLC; of which £10million has been advanced to RMBI Care Company and £10million retained for future funding for the Charity. The issue closed early and was over-subscribed with 60% of the investment raised coming from private individuals rather than the larger institutions. This facility will support our development plans in moving forward. The Bond matures in 2028/29.”

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

Filings

8

last 12 months

Capital events

0

last 24 months

Officers appointed

0

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

  +6.8%

  £52,645,000 → £56,228,000

• Cash

  +44%

  £3,060,000 → £4,405,000

• Net assets

  -0.7%

  £104,486,000 → £103,722,000

• Employees

  0%

  351 → 351

• Operating profit

  +83.4%

  -£3,069,000 → -£508,000

• Wages

  +6.7%

  £32,833,000 → £35,049,000

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