RACE AGAINST DEMENTIA

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 §1A

Reporting scope

Consolidated group

Auditor

Xeinadin Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Trustees consider that there are no material uncertainties about the Charity's ability to continue as a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by the Charity. Ample reserves are held to meet the minimum funding obligations.”

Significant events

• “Three new researchers joined the programme through funded Fellowships in 2024.”
• “Grants were also made to expand the work of two existing Fellows at Cardiff University and a Fellowship at the University of Cape Town.”
• “Three Ignition Fund grants were made in 2024.”
• “In 2024 Race Against Dementia selected the first cohort of Teams projects. Awards of £750,000 are to be made to support teams for five years, and the selection process to find them began in 2023 and concluded in 2024.”
• “Over 73 applications were received for the funding and a scientific panel selected the winning applications in May 2024. Due to the exceptional quality of applications, six teams were selected instead of the planned five. A commitment of £4.2 million was made to fund these research teams over the next five years.”
• “Race Against Dementia committed to fund Dementia Researcher for five years and made one instalment of the gift in 2024 totalling £25,000.”
• “In early 2024, with Race Against Dementia's support, the Bio-Hermes Biomarker Data Challenge at Glasgow and St Andrews Universities was launched.”
• “The wholly owned subsidiary of the Charity, RAD Commercial Limited, Company no. 14445092, was dissolved on 3 September 2024.”

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

Filings

4

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

  +32.7%

  £2,223,718 → £2,951,158

• Cash

  -30.7%

  £3,269,962 → £2,264,724

• Net assets

  -27.9%

  £3,211,657 → £2,314,519

• Employees

  +42.9%

  7 → 10

• Profit before tax

  -384.3%

  £308,621 → -£877,273

• Wages

  +44.9%

  £332,688 → £482,176

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