ANDREW SIMPSON SAILING FOUNDATION
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Cash
—
Latest balance sheet
Net assets
—
Equity attributable
Employees
—
Average over period
Profit before tax
—
Period ending 2025-12-31
Net assets
3-year trend · vs Consumer Discretionary 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 |
|---|---|---|---|---|---|
| Total income | £2,333,207 | £3,144,064 | £3,611,189 | +14.9% | |
| Operating profit | — | — | — | — | |
| Profit before tax | — | — | — | — | |
| Net profit | -£197,216 | £178,928 | -£63,559 | -135.5% | |
| Cash | £1,070,079 | £1,168,552 | — | — | |
| Total assets less current liabilities | £1,397,055 | £1,561,154 | — | — | |
| Net assets | £1,382,226 | £1,561,154 | — | — | |
| Equity | £1,382,226 | £1,561,154 | — | — | |
| Average employees | 47 | 45 | — | — | |
| Wages | £1,137,948 | £1,353,894 | — | — | |
| 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 |
|---|---|---|---|---|
| Net margin | -8.5% | 5.7% | -1.8% | |
| Gearing (liabilities / total assets) | 20.8% | 18.2% | — | |
| Current ratio | 3.96x | 4.09x | — |
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
- Morris Lane
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the time of approving the financial statements, the trustees have a reasonable expectation that the group has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting”
Group structure
- ANDREW SIMPSON SAILING FOUNDATION · parent
- Andrew Simpson Watersports Centres Limited 100%
- Sail Training Trust 100%
- Horizons (Plymouth) 100%
Significant events
- “Subsequent to the year end, the trustees approved the closure of the Birmingham Watersports Centre. The centre incurred a deficit of approximately £74,000 during the year ended 31 December 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
13 active · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| GARNER, Hermione Elizabeth | Secretary | 2023-05-10 | — | — |
| AINSLIE, Charles Benedict, Sir | Director | 2013-07-03 | Feb 1977 | British |
| BRADBURY, Miles Arthur | Director | 2014-02-13 | May 1977 | British |
| DERBYSHIRE, John Henry | Director | 2014-01-18 | Nov 1955 | British |
| GRATTON, David Martin | Director | 2020-11-26 | Jan 1960 | British |
| HARRISON, Nicholas Blair Manny | Director | 2014-03-19 | Aug 1958 | British |
| LAWSON, Andrew Charles Scoular | Director | 2020-01-30 | Sep 1969 | British |
| PARAN, Prakash | Director | 2018-04-19 | Mar 1976 | British |
| PERCY, Iain Bryden | Director | 2013-07-03 | Mar 1976 | British |
| SHELDON, Sophie Arabella | Director | 2023-09-01 | Nov 1987 | British |
| SIMPSON, Amanda | Director | 2013-07-03 | Mar 1980 | British |
| SIMPSON, Leah | Director | 2013-07-03 | May 1978 | British |
| TYLER, David | Director | 2013-07-03 | Mar 1983 | British |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| STEEL, Joanne Louise | Secretary | 2016-10-20 | 2022-05-06 |
| BUTCHER, Richard Leighton | Director | 2013-07-03 | 2017-01-12 |
| PAYNE, Jeremy John Nicholas | Director | 2014-01-18 | 2014-11-27 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 59 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-18 | AA | accounts | Accounts with accounts type group | |
| 2026-07-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-23 | AA | accounts | Accounts with accounts type group | |
| 2025-07-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-13 | AAMD | accounts | Accounts amended with accounts type group | |
| 2024-09-18 | AA | accounts | Accounts with accounts type group | |
| 2024-07-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-01-07 | AAMD | accounts | Accounts amended with accounts type group | |
| 2023-10-03 | AA | accounts | Accounts with accounts type group | |
| 2023-09-14 | AP01 | officers | Appoint person director company with name date | |
| 2023-07-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-05-23 | AP03 | officers | Appoint person secretary company with name date | |
| 2022-11-09 | AAMD | accounts | Accounts amended with accounts type group | |
| 2022-09-20 | AA | accounts | Accounts with accounts type group | |
| 2022-07-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-05-06 | TM02 | officers | Termination secretary company with name termination date | |
| 2021-10-06 | AA | accounts | Accounts with accounts type group | |
| 2021-07-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-12-09 | AP01 | officers | Appoint person director company with name date | |
| 2020-10-02 | AA | accounts | Accounts with accounts type group |
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.