THE MUNGO FOUNDATION

• ⚠

  Material uncertainty over going concern

  The Board of Trustees therefore expect that the charity will cease trading and do not consider the charity to continue to operate as a going concern. These financial statements have been prepared on the basis other than that of going concern.

• ◆

  7 officer resignations in last 12 months

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

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 Board of Trustees therefore expect that the charity will cease trading and do not consider the charity to continue to operate as a going concern. These financial statements have been prepared on the basis other than that of going concern.”

Significant events

• “The Mungo Foundation entered into an agreement to become a wholly owned subsidiary of Enable Scotland (Leading the Way) with effect from 1 April 2025. The plan over the course of financial year ending 31 March 2026, is to transfer all staff, services and assets into Enable Scotland (Leading the Way), at which point, following regulatory approval, the Charitable Company will be wound up.”
• “Opening of our new Kelvin service offering housing support to unaccompanied asylum-seeking young people aged 16 and above in June 24.”
• “Following the successful implementation of our staff festival in the previous year, the continuation and improvement of this event recognising the critical importance of celebrating success, and the dedication, commitment, and talent of our staff.”
• “Implementation of our new Team Leader structure across services, promoting agility in ways of working and improving financial sustainability.”

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

Filings

15

last 12 months

Capital events

0

last 24 months

Officers appointed

3

last 12 months

Officers resigned

7

last 12 months

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

• Turnover

  +11.3%

  £17,962,294 → £19,995,752

• Cash

  +15.2%

  £1,865,929 → £2,150,149

• Net assets

  +14.4%

  £2,999,897 → £3,431,946

• Employees

  -1.2%

  566 → 559

• Profit before tax

  +71.5%

  £251,973 → £432,049

• Wages

  +10.3%

  £12,783,973 → £14,100,117

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