DOWNSIDE ABBEY GENERAL TRUST
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Cash
£221K
-20.3% vs 2024
Net assets
£20M
-5.3% vs 2024
Employees
7
0% vs 2024
Profit before tax
—
Period ending 2025-09-30
Net assets
5-year trend · vs Consumer Discretionary median
Accounts
5-year trend · Δ = latest vs prior filed period · latest reflected 2025-09-30
| Metric | Trend | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | Δ vs prior |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | £452,270 | £472,643 | +4.5% | |
| Operating profit | — | — | — | — | — | — | |
| Profit before tax | — | — | — | — | — | — | |
| Net profit | — | — | — | £413,192 | -£1,106,716 | -367.8% | |
| Cash | — | — | — | £276,867 | £220,531 | -20.3% | |
| Total assets less current liabilities | — | — | — | £23,685,392 | £23,484,091 | -0.8% | |
| Net assets | — | — | — | £20,862,269 | £19,755,553 | -5.3% | |
| Equity | — | — | — | £20,862,269 | £19,755,553 | -5.3% | |
| Average employees | 9 | 9 | 7 | 7 | 7 | 0% | |
| Wages | — | — | — | £183,414 | £199,643 | +8.8% | |
| Directors' remuneration | — | — | — | £0 | £0 | — |
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 | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 |
|---|---|---|---|---|---|---|
| Net margin | — | — | — | 91.4% | — | |
| Gearing (liabilities / total assets) | — | — | — | 13.1% | 17.3% | |
| Current ratio | — | — | — | 2.52x | 1.40x |
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
- Auditor
- ML Audit 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.”
Significant events
- “Stock to the value of £30,051 has been written off during the year as the shop within the Visitor Centre continues to be closed, rendering the stock as obsolete.”
- “During March 2024, Downside Abbey General Trust took out a loan to the value of £2,424,000 from Lloyds to repay the Barclays loan on behalf of Downside School, and for which loan Downside Abbey General Trust was also guarantor.”
- “In October 2025, after the year end Downside Abbey General Trust took out a loan of £750,000, with Lloyds, in order to pay Downside School the grant provided for within note 22.”
- “During November 2025, two investment properties were sold for combined proceeds of £400,000.”
- “On 4th December 2025, the sale of Home Farm was completed at £3.46m, greatly improving the Trust's liquidity position. The outstanding loan balance in relation to the £750,000 loan, utilised to make a grant payment to Downside School as described above, was repaid in full on 5th December 2025 using the proceeds of the Home Farm sale.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 9 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BEVAN, Richard Peter Alexander Wilmot | Director | 2021-11-09 | Aug 1962 | British |
| BRUMWELL, Marc David, Rev | Director | 2014-07-10 | Jan 1974 | British |
| HOOD, Martin Joseph Blanco, Rev | Director | 2014-07-10 | Nov 1953 | British |
| WETZ, Nicholas Philip, Rev | Director | 2018-09-01 | Jul 1961 | British |
Show 9 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BARRETT, John Douglas, Rt Rev | Director | 2018-01-12 | 2021-09-28 |
| BELLENGER, Dominic Aidan, Rev | Director | 2014-07-10 | 2014-08-28 |
| CHARLESWORTH, David Roger, Abbot | Director | 2019-10-23 | 2024-02-14 |
| CLOTHIER, Michael Graham, Rev | Director | 2014-07-10 | 2016-07-15 |
| HILL, Christopher Francis John, Rev | Director | 2014-07-10 | 2014-08-28 |
| HOLT, Thomas John, Rev | Director | 2016-07-15 | 2019-09-06 |
| JAMISON, Peter Christopher, Abbot | Director | 2016-07-15 | 2017-11-03 |
| MAIDLOW-DAVIS, Richard Cuthbert Tolley, Reverend | Director | 2014-08-08 | 2018-08-31 |
| WATT, Ian Alexander, Rev | Director | 2014-07-10 | 2014-08-08 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Rev Nicholas Philip Wetz | Individual | Appoints directors (as trust) | 2018-09-01 | Active |
| Dom Richard Cuthbert Maidlow Davis | Individual | Appoints directors | 2016-04-06 | Ceased 2018-08-31 |
Filing timeline
Last 20 of 60 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-10 | AA | accounts | Accounts with accounts type full | |
| 2025-07-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-04-15 | AA | accounts | Accounts with accounts type full | |
| 2025-01-30 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2024-07-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-04-05 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-04-05 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-03-27 | AA | accounts | Accounts with accounts type full | |
| 2024-03-27 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-03-27 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-02-22 | TM01 | officers | Termination director company with name termination date | |
| 2024-01-10 | CH01 | officers | Change person director company with change date | |
| 2023-06-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-06-29 | AA | accounts | Accounts with accounts type full | |
| 2023-02-08 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2023-02-08 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2022-07-06 | AA | accounts | Accounts with accounts type group | |
| 2022-06-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-01-10 | TM01 | officers | Termination director company with name termination date | |
| 2022-01-10 | AP01 | officers | Appoint person director company with name date |
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.