PRO CORDA TRUST

• ◆

  5 officer resignations in last 12 months

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

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

Ensors Accountants LLP

Audit opinion

Unaudited (audit-exempt)

Going concern

Affirmed

“The trustees have considered the financial position, including the net current liabilities of £19,941 (2023: £214,034), the negative free reserves of £98,588 (2023: £322,969), and the future grant income pledged in relation to Sizewell C, and have considered both the Group and the Charity to be a going concern. Thus, the Trustees have continued to adopt the going concern basis of accounting in preparing the financial statements.”

Group structure

1. PRO CORDA TRUST · parent
   1. Pro Corda Ventures Limited 100% · UK · provides a financial contribution to the Trust in the form of trading income from lettings, including wedding receptions and outside courses

Significant events

• “The year saw a significant restructuring of Pro Corda's delivery in reaction to the commencement of the Sizewell C project, and its impact on Pro Corda's permanent home of Leiston Abbey. Pro Corda received the first instalment of the £500,000 Section106 grant secured as mitigation against the Sizewell project.”

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

2

last 12 months

Officers resigned

5

last 12 months

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

• Turnover

  -18.6%

  £451,003 → £367,135

• Cash

  +2,025.8%

  £4,952 → £105,269

• Net assets

  +51.2%

  £377,140 → £570,234

• Employees

  -22.2%

  9 → 7

• Wages

  -34.5%

  £214,600 → £140,536

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