THE OLD DART FOUNDATION

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

Rawlinson & Hunter Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Whilst the Trustees are committed to spend down the resources of the Foundation, cash flow forecasting exercises anticipate is planned to happen in 2029. It is therefore considered that preparation of financial statements on a going concern basis is appropriate as the Foundation will continue to operate for the foreseeable future. The ongoing geopolitical conflicts and economic impacts thereof have created operational and financial pressures for many organisations. The Trustees have considered the contingency plans in place, the level of funds held, the expected level of income and expenditure and cash flow forecasts for 12 months from authorising these financial statements for signing and believe that no material uncertainties exist. The Trustees consider the adoption of the going concern basis in preparing these financial statements is appropriate.”

Group structure

1. THE OLD DART FOUNDATION · parent
   1. Fraserview Investment Limited 100% · England and Wales · Portfolio of commercial properties for rental income and capital appreciation.
   2. Fraserview Investment (Camley Street) Limited 100% · England and Wales · Portfolio of commercial properties for rental income and capital appreciation.

Significant events

• “After more than ten years of service at the Foundation, Caroline Perry stepped down from her role as trustee in November.”
• “In March 2024 the Latin America Annual workshops were once again held in person at the offices of one of our partners, Universidad Marcelino de Champagnat, in central Lima.”
• “Over the course of 2024, the Old Dart Foundation grew to a staff of eight, with an additional South America Senior Programme Officer and an Executive Foundation Assistant both starting at the beginning of the year. The Foundation Manager left her role in March, and the Grants Manager was subsequently promoted to replace her. As such, a new Grants Manager was hired in April. The Foundation hired its first PNG staff this year, with a part-time PNG Programme Manager starting in role in September and assisting the London team with supporting the Foundation's partners in country.”

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

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

0

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

  -23.1%

  £3,284,510 → £2,525,484

• Cash

  +234.7%

  £2,465,971 → £8,254,756

• Net assets

  -16.9%

  £50,076,817 → £41,617,607

• Employees

  +40%

  5 → 7

• Operating profit

  -4.9%

  -£11,915,198 → -£12,501,754

• Wages

  +12%

  £173,336 → £194,210

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