GOVANHILL BATHS BUILDING PRESERVATION TRUST

• ⚠

  Confirmation statement overdue

  Due 2026-04-20.

• ⚠

  Material uncertainty over going concern

  We draw attention to Note 12 in the financial statements... indicate that a material uncertainty exists that may cast significant doubt on the company's ability to continue as a going concern. Note 12 states: These accounts include a liability to pay non-domestic rates of £102,297 for the year ended 31 March 2025. This liability exists because of a policy introduced by Glasgow City Council from April 2024 that these rates would be payable by charities who owned property which was not being used for charitable activities. The Trustees are in communication with the Council to either change their policy or to waive these rates. The Trustees believe that they will not be required to pay these rates or any rates falling due for future periods whilst refurbishment continues. These accounts have been produced on the going concern basis that these rates will not be paid.

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

The Kelvin Partnership Ltd

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“We draw attention to Note 12 in the financial statements... indicate that a material uncertainty exists that may cast significant doubt on the company's ability to continue as a going concern. Note 12 states: These accounts include a liability to pay non-domestic rates of £102,297 for the year ended 31 March 2025. This liability exists because of a policy introduced by Glasgow City Council from April 2024 that these rates would be payable by charities who owned property which was not being used for charitable activities. The Trustees are in communication with the Council to either change their policy or to waive these rates. The Trustees believe that they will not be required to pay these rates or any rates falling due for future periods whilst refurbishment continues. These accounts have been produced on the going concern basis that these rates will not be paid.”

Significant events

• “Construction works, which had commenced in spring 2021, reached practical completion in September 2023. This work completely re-roofed the building, insulated the building, repaired the stonework on both facades and repaired the building's structure.”
• “The project has been paused following completion of the recent building contract. The charity's architects have been re-engaged to update design information to enable the project to be re-tendered in future.”

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

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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

• Turnover

  -76%

  £781,216 → £187,260

• Cash

  +117%

  £133,036 → £288,638

• Net assets

  +1.9%

  £10,034,556 → £10,221,816

• Employees

  —

  Not reported

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