THE COMMON PURPOSE CHARITABLE TRUST

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

• ◆

  2 PSCs ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

HaysMac LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements are prepared on a going concern basis which assumes that the company will continue in business for the foreseeable future. In assessing the company's viability as a going concern, the directors have reviewed a cash flow forecast covering a period of 12 months from the date of approval of the financial statements. Based on their review of the cash flow forecast the directors believe that the company has sufficient resources to continue its activities for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.”

Group structure

1. THE COMMON PURPOSE CHARITABLE TRUST · parent
   1. Common Purpose Asia Pacific Limited 100% · Singapore · runs open programmes in its region and delivers customized programmes to major corporate entities in Singapore and southeast Asia.
   2. Common Purpose Ltd 100% · England · manages the group's international licensing arrangements, the provision of services to licensees and delivers customized courses to global clients.
   3. Common Purpose Evolve Careers Ltd 100% · England · develop and commercialize an EdTech platform that helps young people navigate the transition from study to work.
   4. Common Purpose Hong Kong Ltd 100% · Hong Kong · delivered The Common Purpose Programme and several smaller customized programmes.
   5. Common Purpose Student Experiences Ltd 100% · England · provides leadership programmes for university students.

Significant events

• “an initial restructure in the first half of the financial year to focus our revenue generating efforts on three clear strands, based on our strategic priorities.”
• “a second phase of the restructure in the second half which was mainly around people and future-proofing skills - aimed at both reducing headcount/costs as well as ensuring we had the right skills for the future.”

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

Filings

10

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

3

last 12 months

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

• Turnover

  -3.1%

  £6,934,000 → £6,721,000

• Cash

  -8.3%

  £1,052,000 → £965,000

• Net assets

  -18.6%

  £688,000 → £560,000

• Employees

  -12.9%

  70 → 61

• Wages

  -4.8%

  £3,008,000 → £2,864,000

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