BORDER TO COAST PENSIONS PARTNERSHIP LIMITED

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

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have prepared the financial statements on the going concern basis as they do not intend to liquidate the Group or the Company or to cease their operations, and as they have concluded that the Group and the Company's financial position means that this is realistho. They have also concluded that there are no material uncertainties that could have cast significant doubt over their ability to conhnue as a going concern for at least a year.”

Group structure

1. BORDER TO COAST PENSIONS PARTNERSHIP LIMITED · parent
   1. Border to Coast Bedfordshire GP Limited 100% · United Kingdom · facilitate the efficient deployment of the Limited Partner's capital into private equity investments, infrastructure and private credit investments
   2. Border to Coast Cumbria GP Limited 100% · United Kingdom · facilitate the efficient deployment of the Limited Partner's capital into private equity investments, infrastructure and private credit investments
   3. Border to Coast Durham GP Limited 100% · United Kingdom · facilitate the efficient deployment of the Limited Partner's capital into private equity investments, infrastructure and private credit investments
   4. Border to Coast East Riding GP Limited 100% · United Kingdom · facilitate the efficient deployment of the Limited Partner's capital into private equity investments, infrastructure and private credit investments
   5. Border to Coast North Yorkshire GP Limited 100% · United Kingdom · facilitate the efficient deployment of the Limited Partner's capital into private equity investments, infrastructure and private credit investments
   6. Border to Coast South Yorkshire GP Limited 100% · United Kingdom · facilitate the efficient deployment of the Limited Partner's capital into private equity investments, infrastructure and private credit investments
   7. Border to Coast Surrey GP Limited 100% · United Kingdom · facilitate the efficient deployment of the Limited Partner's capital into private equity investments, infrastructure and private credit investments
   8. Border to Coast Teesside GP Limited 100% · United Kingdom · facilitate the efficient deployment of the Limited Partner's capital into private equity investments, infrastructure and private credit investments
   9. Border to Coast Tyne & Wear GP Limited 100% · United Kingdom · facilitate the efficient deployment of the Limited Partner's capital into private equity investments, infrastructure and private credit investments
   10. Border to Coast Warwickshire GP Limited 100% · United Kingdom · facilitate the efficient deployment of the Limited Partner's capital into private equity investments, infrastructure and private credit investments
   11. Border to Coast Global Value Add Real Estate GP Limited 100% · United Kingdom · facilitate the efficient deployment of the Limited Partner's capital into global real estate investments
   12. Border to Coast Global Core Real Estate GP Limited 100% · United Kingdom · facilitate the efficient deployment of the Limited Partner's capital into global real estate investments

Significant events

• “MAY: We were named a Sunday Times Best Place to Work.”
• “JULY: Held a two-day Annual Conference.”
• “SEPTEMBER: Appointed several senior colleagues, including our new Chief Risk Officer, Chief People Officer and Head of Responsible Investment. At the same time, we added four new joiners to our Graduate Programme.”
• “OCTOBER: At the British Infrastructure Taskforce, our CEO Rachel Elwell shared the table with Chancellor of the Exchequer, Rachel Reeves, elevating the LGPS's voice on the Government's 10-year infrastructure strategy working paper and opportunities to work with the National Wealth Fund. UK Real Estate fund launched.”
• “MARCH: Launched our 'Unlocking UK Growth: Do Productive Assets Hold the Key?' report, sharing views on encouraging UK investment. Unanimously supported by Partner Funds, we submitted Our Transition Plan to Government outlining our strong position to meet its minimum standards of pooling by April 2026.”

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

1

last 24 months

Officers appointed

3

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

  +15.4%

  £34,057,000 → £39,307,000

• Cash

  -14.4%

  £22,620,000 → £19,356,000

• Net assets

  +6.6%

  £16,061,000 → £17,115,000

• Employees

  +8.8%

  147 → 160

• Operating profit

  -47.1%

  £1,594,000 → £844,000

• Profit before tax

  -26.4%

  £2,324,000 → £1,710,000

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