GLOBAL OPPORTUNITIES TRUST PLC

1. GLOBAL OPPORTUNITIES TRUST PLC 2022-06-09 → present
2. EP GLOBAL OPPORTUNITIES TRUST PLC 2003-11-13 → 2022-06-09

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

Johnston Carmichael LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis and on the basis that approval as an investment trust company will continue to be met. The Directors have made an assessment of the Company's ability to continue as a going concern and are satisfied that the Company has adequate resources to continue in operational existence for a period of at least 12 months from the date when these financial statements were approved. The Directors are not aware of any material uncertainties that may cast significant doubt on the Company's ability to continue as a going concern, having taken into account the liquidity of the Company's investment portfolio and the Company's financial position in respect of its cash flows and investment commitments. Therefore, the financial statements have been prepared on the going concern basis.”

Group structure

1. GLOBAL OPPORTUNITIES TRUST PLC · parent
   1. Volunteer Park Capital Fund SCSp 25% · Luxembourg · a Luxembourg registered special limited partnership which invests in established General Partners ('GPs') of private capital funds.
   2. AVI Japanese Special Situations Fund 50.9% · Ireland · an open-ended fund in an Irish UCITS structure, launched in April 2024. Its investment objective is to achieve long-term capital appreciation through investing in a portfolio of over-capitalised small-cap Japanese equities.

Significant events

• “The Company's Investment Objective and Policy changed on 17 December 2021.”
• “Goodhart Partners LLP was appointed as Sub-Advisor in 2023 to introduce private market opportunities and provide investment sub-advisory services.”
• “The Templeton European Long-Short fund holding was exited due to manager departure, contributing a realised gain of £5.3m.”
• “Direct equity holdings increased to about 45% of the Company's net assets from 40% at the end of 2023.”
• “Positions in several Japanese companies (Sumitomo Mitsui Trust Bank, Daiwa House Murata, Nabtesco) were exited as price targets were triggered.”
• “Investment was made in the AVI Japanese Special Situations fund for access to attractively priced smaller Japanese companies.”
• “Investments were made in smaller European companies including Kalmar and Bakkafrost.”
• “Geopolitical risk moved from being an emerging risk to a principal risk.”

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

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

1

last 12 months

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

• Turnover

  —

  Not reported

• Cash

  —

  Not reported

• Net assets

  +2.7%

  £106,411,000 → £109,295,000

• Employees

  —

  Not reported

• Profit before tax

  +136.9%

  £1,920,000 → £4,549,000

• Wages

  +33.9%

  £56,000 → £75,000

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