FARE SCOTLAND LTD.
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2027-03-27 (in 10mo)
Last made up 2026-03-13
Watchouts
None on the register
Cash
£688K
-20.8% vs 2024
Net assets
£2M
-12.7% vs 2024
Employees
82
-15.5% vs 2024
Profit before tax
-£326K
-147.7% vs 2024
Name history
Renamed 1 time since incorporation
- FARE SCOTLAND LTD. 2019-07-31 → present
- FAMILY ACTION IN ROGERFIELD AND EASTERHOUSE 2008-03-13 → 2019-07-31
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 | £4,148,224 | £3,007,662 | |
| Operating profit | — | — | |
| Profit before tax | £683,206 | -£325,829 | |
| Net profit | £683,206 | -£325,829 | |
| Cash | £868,358 | £687,665 | |
| Total assets less current liabilities | £3,311,926 | £2,947,418 | |
| Net assets | £2,573,190 | £2,247,361 | |
| Equity | £2,573,190 | £2,247,361 | |
| Average employees | 97 | 82 | |
| Wages | £2,332,253 | £2,130,584 |
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 | 16.5% | -10.8% | |
| Current ratio | 3.05x | 2.97x |
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
- Consolidated group
- Auditor
- Wbg (Audit) Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.”
Group structure
- FARE SCOTLAND LTD. · parent
- FARE Trading Limited 100%
Significant events
- “The continuing effects of the cost-of-living crisis have brought much change to the way FARE Scotland operates as an organisation.”
- “In April 2024, FARE said farewell to Jimmy Wilson, who concluded over 20 years of dedicated service to the organisation, including 9 years as Chief Executive.”
- “During the year, FARE made the difficult decision to close its nursery provision.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 16 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BAIRD, Russell William | Director | 2024-09-13 | Apr 1969 | British |
| BENSON, Ian | Director | 2024-09-13 | Mar 1965 | British |
| GEARY, Mark Stephen | Director | 2025-07-08 | Dec 1970 | British |
| MONTEAGUE, Ian | Director | 2008-03-13 | Jun 1951 | British |
| PINDER, Louisa | Director | 2024-09-13 | Mar 1987 | British |
| PLUNKETT, Nicola | Director | 2024-04-25 | Apr 1967 | British |
Show 16 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HALL, Diane | Secretary | 2008-03-13 | 2011-01-26 |
| BESTOW, Jackie | Director | 2012-04-30 | 2017-04-26 |
| BROWN, Rachael Olive, Ms. | Director | 2015-11-23 | 2016-12-14 |
| COULSON, Linda O'Hare | Director | 2015-11-23 | 2016-12-14 |
| GODFREY, Andrew | Director | 2013-02-01 | 2024-03-31 |
| HUGHES, James | Director | 2008-03-13 | 2012-04-30 |
| KERR, William | Director | 2008-03-13 | 2025-03-13 |
| LENNOX, Brian | Director | 2008-03-13 | 2021-03-07 |
| MCNEILL, Morag | Director | 2013-02-01 | 2024-08-23 |
| MILLAR, Elizabeth | Director | 2013-11-25 | 2014-11-01 |
| SHAW, Gordon | Director | 2015-11-23 | 2025-01-27 |
| STEWART, Scott | Director | 2023-04-20 | 2024-08-23 |
| STRAITON, Lorraine | Director | 2024-09-13 | 2024-10-24 |
| THOMSON, Vanessa Fernand | Director | 2018-02-28 | 2025-01-27 |
| UREN, Katy Anne | Director | 2019-12-09 | 2024-09-13 |
| WHITTEN, Catherine | Director | 2012-04-30 | 2015-09-30 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 89 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-03-13 | CH01 | officers | Change person director company with change date | |
| 2025-12-19 | AA | accounts | Accounts with accounts type group | |
| 2025-09-30 | AP01 | officers | Appoint person director company with name date | |
| 2025-03-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-03-13 | TM01 | officers | Termination director company with name termination date | |
| 2025-02-03 | TM01 | officers | Termination director company with name termination date | |
| 2025-02-03 | TM01 | officers | Termination director company with name termination date | |
| 2024-10-25 | TM01 | officers | Termination director company with name termination date | |
| 2024-10-04 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-04 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-04 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-04 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-01 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-02 | AA | accounts | Accounts with accounts type group | |
| 2024-08-26 | TM01 | officers | Termination director company with name termination date | |
| 2024-08-26 | TM01 | officers | Termination director company with name termination date | |
| 2024-05-02 | AP01 | officers | Appoint person director company with name date | |
| 2024-04-11 | TM01 | officers | Termination director company with name termination date | |
| 2024-03-19 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 0
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
-27.5%
£4,148,224 £3,007,662
-
Cash
-20.8%
£868,358 £687,665
-
Net assets
-12.7%
£2,573,190 £2,247,361
-
Employees
-15.5%
97 82
-
Profit before tax
-147.7%
£683,206 -£325,829
-
Wages
-8.6%
£2,332,253 £2,130,584
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