THE GOLDEN CHARTER TRUST LIMITED

• ◆

  5 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

Standalone (parent only)

Auditor

Grant Thornton UK LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Trust Limited has analysed a number of sensitivities in its stress testing of its investment portfolio and cashflow projections which demonstrate that Trust Limited will be able to realise the cash required to meet its ongoing financial liabilities and commitments in an orderly and timely manner given the holding size, grading and liquidity of the funds in its investment portfolio. In the Directors' view, Trust Limited does not have any issues in relation to going concern.”

Significant events

• “This has been a year of significant changes on the Board. Three Directors retired by rotation: Gordon Brough, David Kidd and Paul Stevenson. We have appointed three new Directors: David Adam, George Locke and Barry Widdows.”
• “This is my final Chairman's Statement, as I retire by rotation at the end of the current financial year. The Board has appointed Myriam Madden as my successor; she and I will continue to work closely together to ensure a smooth transition.”

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

  —

  Not reported

• Cash

  -26.9%

  £23,555,000 → £17,225,000

• Net assets

  +3.1%

  £871,342,000 → £898,508,000

• Employees

  +27.3%

  11 → 14

• Operating profit

  -42.9%

  £52,202,000 → £29,821,000

• Profit before tax

  -42.8%

  £52,353,000 → £29,966,000

• Wages

  +31.6%

  £605,000 → £796,000

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