BARING FOUNDATION (THE)
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Cash
£2.6m
+62.5% highest in 3 filed years
Net assets
£113m
+4.7% highest in 3 filed years
Employees
6
0% vs 2024
Profit before tax
£5.1m
+78.4% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Confirmation statement overdue
Due 2026-07-08.
Net assets
3-year trend · vs Health Care median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £4,049,342 | £6,696,394 | £2,208,304 | -67% | |
| Operating profit | -£1,397,673 | -£2,699,942 | -£1,668,738 | +38.2% | |
| Profit before tax | — | £2,844,957 | £5,074,400 | +78.4% | |
| Net profit | £6,072,226 | £2,844,957 | £5,074,400 | +78.4% | |
| Cash | £2,268,055 | £1,611,796 | £2,619,052 | +62.5% | |
| Total assets less current liabilities | £105,891,740 | £110,620,464 | £114,718,655 | +3.7% | |
| Net assets | £105,097,740 | £107,942,697 | £113,017,095 | +4.7% | |
| Equity | £105,097,740 | £107,942,697 | £113,017,095 | +4.7% | |
| Average employees | 6 | 6 | 6 | 0% | |
| Wages | £388,749 | £422,352 | £428,690 | +1.5% | |
| Directors' remuneration | — | — | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | -34.5% | -40.3% | -75.6% | |
| Net margin | 150.0% | 42.5% | — | |
| Return on capital employed | -1.3% | -2.4% | -1.5% | |
| Gearing (liabilities / total assets) | 3.1% | 5.6% | — | |
| Current ratio | 1.49x | 1.68x | 1.39x | |
| Interest cover | — | -6.18x | -4.24x |
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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- HaysMac LLP
- 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. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Significant events
- “It was not possible to finalise this arrangement until February 2026.”
- “During 2025, the Foundation's partners have faced an extremely challenging funding landscape, with dramatic cuts in overseas aid from donor governments.”
- “The Foundation agreed a total of 39 new grants during the year to the value of £2,570,434 (see note 8).”
- “The total income generated on restricted funds was £Nil (2024: £4,362,728). The decrease from 2024 was £4,362,728.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
16 active · 43 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CUTLER, David Ian | Secretary | 2003-10-09 | — | British |
| AFRIDI, Asif Mahmood Khan | Director | 2020-06-23 | Mar 1978 | British |
| AMEDUME, Vicki | Director | 2017-09-14 | Oct 1974 | British |
| CAPALDI, Nick | Director | 2025-06-17 | Jul 1961 | British |
| COOMBES, Ashley Claire | Director | 2021-06-22 | Nov 1983 | British,American |
| HODGSON, Hilary Ruth | Director | 2025-06-17 | Feb 1960 | British |
| JENKINS, James Edward Thomas Moubray | Director | 2017-12-11 | Jul 1974 | British |
| MAFETHE, Pontso | Director | 2022-06-21 | Apr 1966 | British |
| MAGWAZA, Dipuo Virginia | Director | 2022-03-31 | Sep 1970 | South African |
| NANGLE, Toby | Director | 2023-06-21 | Jul 1975 | British |
| POPKINS, Jillian Emma | Director | 2020-06-23 | Dec 1969 | British |
| PULLEN, Rhys John Michael | Director | 2019-06-25 | Sep 1979 | British |
| ROBERTSON, Judith Catherine | Director | 2022-06-21 | Dec 1961 | British |
| SEYAL, Aaliya Mahmood | Director | 2025-06-17 | Jul 1973 | British |
| THORNE, Samuel David Zebedee | Director | 2018-09-17 | Nov 1983 | British |
| WUHIB-MUTUNGI, Emebet | Director | 2019-06-25 | Jun 1973 | British |
Show 43 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CARRINGTON, David John | Secretary | 1993-12-31 | 1998-06-17 |
| HAWKINS, Rosemary Grace | Secretary | — | 1993-12-31 |
| JOHNS, Toby | Secretary | 1999-06-23 | 2003-04-30 |
| PEERS, James Roger | Secretary | 2003-04-30 | 2003-10-09 |
| PEERS, James Roger | Secretary | 1998-06-17 | 1999-06-23 |
| ADRIAN, Professor The Lord | Director | — | 1994-10-19 |
| ALEXANDER, John Lindsay, Sir | Director | — | 1992-06-10 |
| ASHBURTON, John Francis Harcourt | Director | — | 1998-12-31 |
| BADMAN, Emma Victoria | Director | 2017-09-14 | 2019-06-25 |
| BARING, Mark Francis Robert, Lord | Director | 2003-07-03 | 2015-06-17 |
| BARING, Nicholas Hugo | Director | — | 2004-07-07 |
| BARING, Teresa Anne | Director | — | 2008-06-02 |
| BARNETT, Geoffrey Grant Fulton | Director | 2005-03-09 | 2013-06-17 |
| BERKELEY, Robert Dean Joseph, Dr | Director | 2013-03-18 | 2025-06-17 |
| BROADLEY, Robin David | Director | — | 2003-07-03 |
| BROWN, Edward Thomas | Director | 2013-06-17 | 2017-08-30 |
| BUCHANAN, Ann Hermione, Professor | Director | 2000-01-01 | 2012-06-18 |
| DE GROOT, Lucy Manuela | Director | 2013-06-17 | 2025-06-17 |
| DEAKIN, Nicholas Dampier, Professor | Director | 2005-05-10 | 2010-10-27 |
| ELLIOTT, David Stewart Innes | Director | 2011-06-20 | 2023-06-21 |
| EVANS, Alison Margaret, Dr | Director | 2017-12-11 | 2018-09-17 |
| FINDLAY, Martin Charles | Director | — | 2007-06-11 |
| GARRETT-COX, Katherine Lucy | Director | 2006-05-24 | 2018-09-17 |
| HIND, Andrew Fleming | Director | 2010-09-30 | 2022-05-25 |
| JORDAN, Amanda Janet | Director | 2004-07-08 | 2017-06-27 |
| JOSHI, Poonam | Director | 2017-03-16 | 2022-05-17 |
| LAMBE, Shauneen Claire | Director | 2013-06-17 | 2025-06-17 |
| LEWIS JONES, Janet Ann | Director | 1996-12-18 | 2009-06-08 |
| LLOYD, Jane Helen Violet, Lady | Director | — | 2001-06-14 |
| LOEHNIS, Anthony David | Director | 1994-06-15 | 2005-07-06 |
| MATARASSO, Francois Louis Andre | Director | 2013-09-16 | 2021-09-13 |
| MORRISON, Janet Rachel | Director | 2008-06-02 | 2020-06-23 |
| OF GLENDALE, Howick, Lord | Director | — | 1999-06-23 |
| PEERS, James Roger | Director | 1998-03-18 | 2010-06-28 |
| PONSONBY, Ashley Charles Gibbs, Sir | Director | — | 1992-12-16 |
| RIVETT CARNAC, Miles James | Director | — | 1996-06-19 |
| SONDHI, Ranjit, Dr | Director | 2002-07-04 | 2013-06-17 |
| SRISKANDARAJAH, Dhananjayan Sivaguru | Director | 2009-09-21 | 2017-03-16 |
| STAUNTON, Marie Rita | Director | 2013-06-17 | 2020-06-23 |
| STEANE, Christopher John | Director | 2001-04-12 | 2013-06-17 |
| TICKELL, Crispin Charles Cervantes, Sir | Director | 1992-06-10 | 2002-12-19 |
| TUCKEY, Andrew Marmaduke Lane | Director | 1994-06-15 | 1996-06-19 |
| WICKSTEAD, Myles Antony | Director | 2006-03-01 | 2018-09-17 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 219 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-09 | TM01 | officers | Termination director company with name termination date | |
| 2026-07-07 | AA | accounts | Accounts with accounts type full | |
| 2025-07-04 | AA | accounts | Accounts with accounts type full | |
| 2025-06-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-06-18 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-18 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-18 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-18 | AP01 | officers | Appoint person director company with name date | |
| 2025-06-18 | AP01 | officers | Appoint person director company with name date | |
| 2025-06-18 | AP01 | officers | Appoint person director company with name date | |
| 2024-07-16 | AA | accounts | Accounts with accounts type full | |
| 2024-07-10 | CH01 | officers | Change person director company with change date | |
| 2024-07-10 | CH01 | officers | Change person director company with change date | |
| 2024-07-10 | CH01 | officers | Change person director company with change date | |
| 2024-07-04 | CH01 | officers | Change person director company with change date | |
| 2024-07-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-17 | AA | accounts | Accounts with accounts type full | |
| 2023-07-05 | AP01 | officers | Appoint person director company with name date | |
| 2023-06-26 | TM01 | officers | Termination director company with name termination date | |
| 2023-06-26 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- 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.