ABERDEEN GROUP CHARITABLE TRUST

• ◆

  11 officer resignations in last 12 months

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

1. ABERDEEN GROUP CHARITABLE TRUST 2025-07-21 → present
2. ABRDN FINANCIAL FAIRNESS TRUST 2021-11-26 → 2025-07-21
3. STANDARD LIFE FOUNDATION 2016-05-17 → 2021-11-26
4. STANDARD LIFE CHARITABLE TRUST 2009-05-15 → 2016-05-17

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

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The trustees have prepared the financial statements on the going concern basis as they do not intend to liquidate the charitable company or to cease its operations, and as they have concluded that the charitable company's financial position means that this is realistic. They have also concluded that there are no material uncertainties that could have cast significant doubt over its ability to continue as a going concern for at least a year from the date of approval of the financial statements ("the going concern period").”

Significant events

• “2024 was billed as the mother-of-all election years, with around half of the world's population voting on who formed their next national government. This included the UK, with the general election resulting in a Labour landslide.”
• “During 2024 we awarded £2.4 million, focussed on our key priorities. Two substantial grants were made: one for work relating to social tariffs and one to establish the new Centre for the Analysis of Taxation.”
• “Our work on the Pensions Review continued, in partnership with the Institute for Fiscal Studies, which is the most comprehensive review of living standards in retirement for over twenty years. The Review published a series of reports during the year.”
• “Some significant work also concluded during 2024, including our Commission on the Future of Employment Support with the Institute for Employment Studies. We were pleased to see many of these recommendations taken up in the Government's Get Britian Working White Paper and endorsed by the Employment Minister.”
• “Global markets experienced a downturn in 2025 following announcements of US trade tariffs, which caused initial uncertainty due to potential disruption in global supply chains. However, after subsequent discussions between the US and other countries, markets began to recover, reflecting renewed investor confidence. The Trust's investment is sitting at £98.5m at time of signing.”
• “We conducted a review of the Trust's investment manager during 2024. This was led by a sub-panel of the Finance, Investment and Risk Committee. In the tender we asked for solutions to be presented considering both active and passive strategies, and ultimately shortlisted two active and two passive managers for interview.”
• “The Trust consequently appointed Aberdeen Investments as its new manager, on a passively run mandate. Long-term data suggests passive holdings often outperform active holdings, whilst also reducing exposure to risk and added complexity.”
• “The portfolio is expected to transition from our current investment managers in 2025.”

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

Filings

20

last 12 months

Capital events

0

last 24 months

Officers appointed

6

last 12 months

Officers resigned

11

last 12 months

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

• Turnover

  —

  Not reported

• Cash

  +16.7%

  £1,215,023 → £1,418,220

• Net assets

  +4.7%

  £93,748,838 → £98,129,190

• Employees

  0%

  6 → 6

• Wages

  +15.5%

  £339,180 → £391,621

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