INTERNATIONAL FINANCIAL REPORTING STANDARDS FOUNDATION

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

1. INTERNATIONAL FINANCIAL REPORTING STANDARDS FOUNDATION 2010-05-25 → present
2. INTERNATIONAL ACCOUNTING STANDARDS COMMITTEE FOUNDATION 2001-05-02 → 2010-05-25

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

IFRS

Reporting scope

Consolidated group

Auditor

Grant Thornton UK LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Trustees have carefully considered the implications of operating within a multi-location model... Given the continued strong global support for the work of the IASB and the ISSB, along with substantial reserve funds, the Trustees have a reasonable expectation that the Foundation will continue to operate and meet its liabilities as they fall due. The Foundation's cash flow analysis indicates that its liquidity reserves are robust enough to absorb the effects of stress, thereby supporting its capability to continue operations. This expectation is underpinned by strategic planning and robust financial management, ensuring stability over the 18-month period following the end of the reporting period. Consequently, the Trustees consider it appropriate to prepare the financial statements on a going concern basis, fully considering all relevant circumstances.”

Group structure

1. INTERNATIONAL FINANCIAL REPORTING STANDARDS FOUNDATION · parent
   1. Value Reporting Foundation UK 100% · UK · Integrated Reporting
   2. Value Reporting Charity UK 100% · UK · Integrated Reporting
   3. IFRS Foundation (ISSB) Frankfurt 100% · Germany · Standard-setting
   4. IFRS Foundation (ISSB) Montreal 100% · Canada · Standard-setting
   5. International Financial Reporting Standards Foundation LLC 100% · US · Standard-setting Dormant parent with active subsidiary
   6. IFRS UK Ltd 100% · UK · Standard-setting Dormant
   7. IFRS Foundation Asia-Oceania Ippan Shadan Hojin 100% · Japan · Standard-setting Active
   8. International Financial Reporting Standards Foundation (branch office in the UK) 100% · UK · Standard-setting Active
   9. International Financial Reporting Standards Foundation (USA) Beijing office 100% · China · Standard-setting Active

Significant events

• “advanced financial reporting by issuing two new IFRS Accounting Standards -IFRS 18 and IFRS 19”
• “verified that two major Standards work as intended by carrying out post- implementation reviews of the requirements in IFRS 15 and the impairment requirements in IFRS 9”
• “clarified requirements by issuing amendments to IFRS Accounting Standards to explain how companies should measure financial instruments and how they can better report the financial effects of nature- dependent electricity contracts”
• “supported jurisdictions' adoption or other use of IFRS Sustainability Disclosure Standards through variou initiatives, including the publication of a dedicated guide”
• “supported companies in implementing IFRS Sustainability Disclosure Standards by developing a wide range of education resources and capacity building initiatives”
• “started enhancing the SASB Standards and researching sustainability-related risks and opportunities associated with biodiversity, ecosystems and ecosystem services and human capital”

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

Filings

7

last 12 months

Capital events

0

last 24 months

Officers appointed

3

last 12 months

Officers resigned

3

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +1.6%

  £26,168,000 → £26,577,000

• Cash

  -5.6%

  £37,663,000 → £35,545,000

• Net assets

  -3.2%

  £49,484,000 → £47,881,000

• Employees

  —

  Not reported

• Operating profit

  -247.3%

  £912,000 → -£1,343,000

• Profit before tax

  -234.8%

  £1,191,000 → -£1,606,000

• Wages

  +3.7%

  £46,587,000 → £48,309,000

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