SCHRODER BSC SOCIAL IMPACT TRUST PLC

• ⚠

  Material uncertainty over going concern

  The directors believe the use of the going concern basis is appropriate, as they believe that the Company has sufficient assets to continue in existence and satisfy liabilities as they fall due although the Board recognises that this conclusion is subject to the outcomes of the strategic review and shareholder approvals. This indicates that a material uncertainty exists that may cast significant doubt on the Company's ability to continue as a going concern.

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

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The directors believe the use of the going concern basis is appropriate, as they believe that the Company has sufficient assets to continue in existence and satisfy liabilities as they fall due although the Board recognises that this conclusion is subject to the outcomes of the strategic review and shareholder approvals. This indicates that a material uncertainty exists that may cast significant doubt on the Company's ability to continue as a going concern.”

Significant events

• “Post year end in July 2025, the Board announced our decision to conduct a shareholder consultation process and strategic review.”
• “The creation of the Social Impact Investment Advisory Group in February 2025 and the announcement of the £500m Better Futures Fund in July.”
• “On 26 June 2025, the Company published its 2025 Impact Report.”
• “Three capital realisations at NAV completed in the year: partial repayment of one of the Company's charity bond investments, a second partial exit from the Resonance Real Lettings Property Fund LP, and the repayment of the Abbeyfield York loan in the Charity Bank co-investments portfolio.”
• “The start of the Company's financial year was marked by the election of a new Labour Government.”
• “The Depositary, Administration and Custody services of the Company transitioned from HSBC Bank plc to J.P. Morgan Europe Limited and JPMorgan Chase Bank, N.A., London Branch effective 30 September 2025.”

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

17

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

  —

  Not reported

• Cash

  +105.6%

  £514,000 → £1,057,000

• Net assets

  -3.4%

  £86,459,000 → £83,487,000

• Employees

  —

  Not reported

• Profit before tax

  -12.1%

  £1,049,000 → £922,000

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