THE CORRA FOUNDATION
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2026-06-09 (in 1mo)
Last made up 2025-05-26
Watchouts
Cash
£19M
-9% vs 2024
Net assets
£38M
-1.7% vs 2024
Employees
45
-6.3% vs 2024
Profit before tax
-£666K
+66.9% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
4 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Name history
Renamed 2 times since incorporation
- THE CORRA FOUNDATION 2017-08-23 → present
- LLOYDS TSB FOUNDATION FOR SCOTLAND 1997-01-01 → 2017-08-23
- TSB FOUNDATION FOR SCOTLAND 1985-11-20 → 1997-01-01
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Turnover | £36,630,000 | £39,392,000 | |
| Operating profit | — | — | |
| Profit before tax | -£2,012,000 | -£666,000 | |
| Net profit | -£2,012,000 | -£666,000 | |
| Cash | £20,848,000 | £18,966,000 | |
| Total assets less current liabilities | £38,775,000 | £38,109,000 | |
| Net assets | £38,775,000 | £38,109,000 | |
| Equity | £38,775,000 | £38,109,000 | |
| Average employees | 48 | 45 | |
| Wages | £2,035,000 | £1,988,000 |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Net margin | -5.5% | -1.7% | |
| Gearing (liabilities / total assets) | 10.5% | 6.0% | |
| Current ratio | 4.66x | 8.20x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- CT Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Trustees are satisfied Corra can operate for the foreseeable future based on the unrestricted funds held in the investment portfolio and cash, plus continuing success in attracting new funding and managing the current multi-year partner funded contracts. The Trustees review quarterly cash flow forecasts.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
12 active · 67 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MCKINVEN, Monica Alice | Secretary | 2026-03-26 | — | — |
| ARMSTRONG, Mark Christopher David | Director | 2024-12-06 | Jul 1964 | British |
| CHOUDHARY, Pratul | Director | 2024-03-15 | Nov 1980 | British |
| COLLINS, Michaela | Director | 2020-06-11 | Feb 1991 | British |
| DAVIES, Graeme Forbes Ogilvy | Director | 2025-03-27 | Aug 1980 | British |
| HASSAN, Fatha Tasnim | Director | 2024-12-06 | Nov 1994 | British |
| HERBERTS, Andrew John David | Director | 2022-06-10 | Sep 1970 | British |
| SCHOLES, Robert William | Director | 2025-12-11 | Jul 1979 | British |
| SCOTT, Andrew George, Dr | Director | 2024-06-14 | Sep 1961 | British |
| TOLLERTON, Kirsten Susan | Director | 2026-03-26 | Apr 1980 | British |
| TURBYNE, Judith Ann, Dr | Director | 2018-10-04 | Oct 1965 | Scottish |
| ZIMUNYA, Mildred | Director | 2020-06-11 | Feb 1976 | British |
Show 67 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BEST, Natalia | Secretary | 2019-12-12 | 2023-04-13 |
| BROWN, Karen Louise | Secretary | 2013-09-17 | 2019-12-12 |
| BROWN, Karen Louise | Secretary | 2006-02-09 | 2012-08-02 |
| GRAHAM, Hana | Secretary | 2023-06-22 | 2025-12-22 |
| MACGREGOR, Charles | Secretary | — | 1992-10-15 |
| MUIRHEAD, Andrew Stephen | Secretary | 1993-07-29 | 2006-02-09 |
| ROBERTSON, Margaret Ellen | Secretary | 1992-10-15 | 1993-07-29 |
| ROSE, Stephanie May | Secretary | 2012-08-02 | 2013-09-16 |
| ABRAM, Henry Charles | Director | 2013-08-01 | 2019-07-31 |
| AHMED, Nosheen | Director | 2022-09-09 | 2026-04-02 |
| ARBUTHNOTT, John Peebles, Sir | Director | 2009-04-09 | 2016-04-07 |
| BANNERMAN, Alastair Charles Lindsay | Director | 1992-10-15 | 1995-10-12 |
| BARLOW, Joy Margaret | Director | 2014-12-04 | 2023-12-08 |
| BOND, Michael Richard, Professor Sir | Director | 1999-04-22 | 2005-04-07 |
| BRYDON, Sandra Elizabeth | Director | 2001-04-05 | 2009-04-09 |
| CAMERON, Alexander | Director | 2009-04-09 | 2016-04-07 |
| CARMICHAEL, Elizabeth Young | Director | 2016-08-04 | 2022-08-04 |
| CHEYNE, George Martin Frazer | Director | 2007-02-08 | 2013-02-07 |
| CIVVAL, Trevor Andrew | Director | 2013-12-05 | 2020-06-11 |
| CORSAR, Mary Drummond, The Honourable Dame | Director | 1992-10-15 | 1997-06-12 |
| CRADOCK, John Whitby | Director | 1992-10-15 | 1996-10-10 |
| CRIGHTON, Fiona Mary Wilson | Director | 2000-04-06 | 2006-04-06 |
| DENHOLM, Elizabeth Avril | Director | 1994-10-13 | 2000-10-05 |
| DHIR, Rani | Director | 1999-04-22 | 2005-04-07 |
| DONALD, Colin Dunlop | Director | 1994-10-13 | 2000-10-05 |
| DRUMMOND, Norman Walker, The Revd Professor | Director | 2002-02-07 | 2009-02-05 |
| FERGUSON, James Gordon Dickson | Director | 2004-10-07 | 2014-10-09 |
| FERGUSON, Ronald, Reverend | Director | 1999-04-22 | 2005-04-07 |
| FINDLAY, Alastair Donald Fraser | Director | 1998-05-28 | 2004-02-03 |
| FOULIS, Alexander Douglas | Director | — | 1996-01-25 |
| GIBSON, Claire Ann | Director | 2016-12-01 | 2025-12-11 |
| GUILD, Ivor Reginald | Director | — | 1994-01-20 |
| HALL, Timothy Julian Dalton | Director | 2011-08-04 | 2017-08-03 |
| HALPIN, Thomas | Director | 2014-08-07 | 2018-03-26 |
| HARDIE, Paul Michael | Director | 2009-04-09 | 2012-04-05 |
| HOPE, William | Director | 2005-06-09 | 2011-04-14 |
| JOHNSON, David Ralph | Director | 2016-08-04 | 2025-09-11 |
| LEAN, George Alastair | Director | — | 1992-07-16 |
| LENIHAN, Christine Jane | Director | 2005-06-09 | 2014-06-05 |
| LISHMAN, Joyce | Director | 2003-02-06 | 2009-02-05 |
| LOTHIAN, Niall, Professor | Director | 1996-10-10 | 1999-04-22 |
| LOW, Jacqueline | Director | 2013-08-01 | 2017-02-02 |
| MACKIE, Jane Elizabeth | Director | 2010-10-07 | 2016-10-06 |
| MARTIN, Richard Macintyre | Director | 2017-10-05 | 2024-12-06 |
| MATHIESON, John George | Director | 1998-05-28 | 2002-02-07 |
| MCCULLOUGH, Luke | Director | 2015-08-06 | 2024-09-06 |
| MCGILL, Maria Loretto | Director | 2006-04-06 | 2014-02-06 |
| MCKEAN, Elaine | Director | 2018-10-04 | 2020-12-09 |
| MCLAUGHLIN, Christine | Director | 2020-06-11 | 2024-03-18 |
| MOODY, Susan Rosemary | Director | 2000-04-06 | 2002-02-07 |
| MORRIS, Jean Davina Ogilvie | Director | — | 1994-07-14 |
| PAISLEY, Peter Craig | Director | — | 2000-04-06 |
| PEGGIE, Robert Galloway Emslie | Director | 1994-10-13 | 1998-12-03 |
| RICE, Susan Ilene, Lady, Cbe | Director | 2009-06-04 | 2010-01-28 |
| ROBB, Archibald | Director | 1997-06-12 | 2003-04-03 |
| ROBERTSON, John Davie Manson | Director | — | 1999-12-09 |
| ROBINSON, Susan | Director | 2003-02-06 | 2006-02-09 |
| ROSS, Elaine Gemmell | Director | 2003-02-06 | 2009-02-05 |
| SANDFORD, Fiona Macdonald | Director | 2015-08-06 | 2024-09-06 |
| SCOTT, John Daniel | Director | 2000-04-06 | 2005-03-12 |
| SIMPSON, Christine Margaret Anne | Director | 1999-04-22 | 2005-04-07 |
| SMALL, Ian John Charles | Director | 2006-04-07 | 2015-04-02 |
| URCH, David Michael | Director | 2014-04-03 | 2020-03-31 |
| WEBSTER, Iain Douglas Collins | Director | 2011-12-01 | 2014-12-04 |
| WISEMAN, Eilidh Ann Campbell | Director | 2007-02-08 | 2009-06-30 |
| YERBURGH, Ann Jean Mary | Director | 1996-10-10 | 1999-08-05 |
| EARL OF ELGIN & KINCARDINE | Corporate Director | — | 1994-01-20 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 280 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-09 | AP03 | officers | Appoint person secretary company with name date | |
| 2026-04-09 | AP01 | officers | Appoint person director company with name date | |
| 2026-04-09 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-22 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-12-17 | AP01 | officers | Appoint person director company with name date | |
| 2025-12-17 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-15 | CH01 | officers | Change person director company with change date | |
| 2025-09-22 | AA | accounts | Accounts with accounts type full | |
| 2025-09-15 | TM01 | officers | Termination director company with name termination date | |
| 2025-05-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-04-01 | AP01 | officers | Appoint person director company with name date | |
| 2024-12-10 | AP01 | officers | Appoint person director company with name date | |
| 2024-12-10 | AP01 | officers | Appoint person director company with name date | |
| 2024-12-10 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-20 | AA | accounts | Accounts with accounts type full | |
| 2024-09-12 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-12 | TM01 | officers | Termination director company with name termination date | |
| 2024-07-24 | CH01 | officers | Change person director company with change date | |
| 2024-07-24 | CH01 | officers | Change person director company with change date | |
| 2024-07-24 | CH01 | officers | Change person director company with change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 10
- Capital events
- 0
- Officers appointed
- 3
- Officers resigned
- 4
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
+7.5%
£36,630,000 £39,392,000
-
Cash
-9%
£20,848,000 £18,966,000
-
Net assets
-1.7%
£38,775,000 £38,109,000
-
Employees
-6.3%
48 45
-
Profit before tax
+66.9%
-£2,012,000 -£666,000
-
Wages
-2.3%
£2,035,000 £1,988,000
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