ABERNETHY TRUST LIMITED
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Cash
£1.4m
-26.7% lowest in 3 filed years
Net assets
£6m
-0.9% lowest in 3 filed years
Employees
79
+5.3% highest in 3 filed years
Profit before tax
-£57k
+76.2% vs 2024
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-10-31
| Metric | Trend | 2023-10-31 | 2024-10-31 | 2025-10-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £1,772,944 | £1,569,559 | £1,950,965 | +24.3% | |
| Operating profit | — | -£286,954 | -£100,954 | +64.8% | |
| Profit before tax | — | -£240,596 | -£57,305 | +76.2% | |
| Net profit | -£19,604 | -£264,122 | -£56,259 | +78.7% | |
| Cash | £1,687,892 | £1,900,659 | £1,393,166 | -26.7% | |
| Total assets less current liabilities | £6,435,654 | £6,130,217 | £6,018,487 | -1.8% | |
| Net assets | £6,314,623 | £6,074,027 | £6,016,722 | -0.9% | |
| Equity | £6,314,623 | £6,074,027 | £6,016,722 | -0.9% | |
| Average employees | 72 | 75 | 79 | +5.3% | |
| Wages | £775,535 | £889,489 | £974,790 | +9.6% | |
| Directors' remuneration | £197,573 | £258,450 | — | — |
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 | 2023-10-31 | 2024-10-31 | 2025-10-31 |
|---|---|---|---|---|
| Operating margin | — | -18.3% | -5.2% | |
| Net margin | -1.1% | -16.8% | -2.9% | |
| Return on capital employed | — | -4.7% | -1.7% | |
| Gearing (liabilities / total assets) | 10.6% | 11.9% | — | |
| Current ratio | 3.81x | 2.94x | 2.66x |
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
- Sumer Auditco Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Consequently, the Directors are confident that the Trust is a viable going concern.”
Group structure
- ABERNETHY TRUST LIMITED · parent
- Abernethy Developments Limited 100%
- Abersanda Ltd
Significant events
- “One final major event to note was a return trip from a school group in Ukraine to our Barcaple Centre. This was the second year that this event has run and the trip was financially backed by the local community and by Abernethy donors.”
- “This year also saw us invest in our facilities across the two centres. A new AV system was installed within the theatre space at Nethy Bridge and we made improvements to our staff accommodation at Nethy Bridge and Barcaple.”
- “This was the first full year of operation for our Kilmalieu retreat centre which opened in April 2024. This year continued to be a year of investment in this new ministry as the new team established ways of working, developed the facilities, delivered original Christian retreat events and worked to raise awareness of the Centre's facilities and programme.”
- “In February 2025 Abernethy Trust unveiled plans for a £3.1 million redevelopment at our largest outdoor centre in Nethy Bridge. Planning permission has been granted and building warrants approved and work commenced on phase one of the development in June 2026.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
9 active · 36 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CUNNINGHAM, Simon John | Secretary | 2024-03-09 | — | — |
| BEVERIDGE, Sally Jane | Director | 2025-03-22 | Jan 1980 | British |
| CUNNINGHAM, Simon John | Director | 2024-03-09 | May 1962 | British |
| DENNIS, Eilidh Ruth | Director | 2025-03-22 | Jan 1981 | British |
| MARRIAN, Andrew Guy | Director | 2024-06-22 | Sep 1978 | British |
| MCKILLOP, David Ewart | Director | 2022-06-25 | Jan 1995 | British |
| MITCHELL, Kirstin Isla | Director | 2023-03-25 | Apr 1982 | British |
| REILLY, Colin Howard | Director | 2022-09-17 | Oct 1968 | British |
| THOMSON, Richard Henry | Director | 2025-03-22 | Jan 1987 | British |
Show 36 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BELSHAM, David Keith | Secretary | 2021-06-26 | 2024-03-09 |
| CAUSEY, Michael Stuart | Secretary | 2019-09-07 | 2021-04-16 |
| DOUGALL, Hamish, Dr | Secretary | 2021-04-16 | 2021-08-05 |
| GRAY, John Lorimer | Secretary | — | 2012-04-13 |
| LAVEROCK, Alan James | Secretary | 2011-11-01 | 2013-02-25 |
| SIMPSON, Philip Alan, Dr | Secretary | 2013-02-25 | 2019-09-07 |
| ALLEN, Sheona | Director | 2012-03-01 | 2022-11-26 |
| ANDERSON, Alan Peter | Director | — | 1997-03-08 |
| BARBOUR, James | Director | 1990-09-08 | 2007-03-02 |
| BELSHAM, David Keith | Director | 2021-04-11 | 2025-03-22 |
| BEVAN, Andrew | Director | 2021-07-22 | 2024-11-30 |
| BROWN, Gordon Highet | Director | 2021-07-22 | 2026-03-21 |
| CARVEL, John Oswald Alexander | Director | — | 1997-03-08 |
| CHURCHFIELD, Simon Patrick Edward | Director | 2017-11-25 | 2021-05-06 |
| CLARK, Eileen Thomson Mclean | Director | — | 1994-03-12 |
| CRAWFORD, William Alexander | Director | — | 1999-06-11 |
| DOUGALL, Hamish Thomson, Dr | Director | 1993-09-12 | 2024-06-22 |
| DUNCAN, Bryan Gordon | Director | 2012-03-01 | 2021-04-16 |
| EDMONDSON, Barry Michael | Director | 2013-09-14 | 2018-12-07 |
| GLOVER, Neil Mckie, Rev | Director | 2018-11-24 | 2022-06-25 |
| GLOVER, Neil Mckie, Rev | Director | 2006-09-09 | 2015-03-13 |
| GORDON, Carole | Director | 2021-04-11 | 2023-10-09 |
| GORDON, Derek John | Director | 2005-03-05 | 2016-06-09 |
| GRAY, John Lorimer | Director | — | 2011-12-10 |
| GRAY, Moira Ray | Director | — | 2010-12-04 |
| LAVEROCK, Alan James | Director | 1997-09-06 | 2011-12-10 |
| MCNEILL, James Stuart | Director | — | 2017-06-15 |
| MURRAY, Gordon Douglas | Director | — | 2001-09-08 |
| SIMPSON, Philip Alan, Dr | Director | 2001-09-01 | 2018-10-18 |
| SMITH, Alison | Director | 2021-07-22 | 2025-11-29 |
| SMITH, George Bruce Pirie | Director | — | 2008-11-28 |
| SMITH, Peter Richard | Director | 2014-06-05 | 2021-04-16 |
| STRICKLAND, Bruce Mckenzie, Dr | Director | 1997-09-06 | 2022-11-26 |
| THOMSON, Alan Sturdy | Director | 2021-04-11 | 2025-03-22 |
| WALKER, Norman Caulfield | Director | — | 2006-03-03 |
| YARROW, Sheila Elizabeth | Director | 1994-12-03 | 2021-12-11 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Dr Hamish Thomson Dougall | Individual | Significant influence (as trust) | 2021-04-11 | Ceased 2022-03-23 |
| Mr Michael Stuart Causey | Individual | Significant influence | 2019-09-07 | Ceased 2021-04-11 |
| Dr Philip Alan Simpson | Individual | Significant influence | 2016-04-06 | Ceased 2019-09-07 |
Filing timeline
Last 20 of 187 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-28 | AA | accounts | Accounts with accounts type group | |
| 2026-05-04 | CH01 | officers | Change person director company with change date | |
| 2026-04-15 | TM01 | officers | Termination director company with name termination date | |
| 2026-03-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-03-25 | CH01 | officers | Change person director company with change date | |
| 2026-03-23 | CH01 | officers | Change person director company with change date | |
| 2025-12-02 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-02 | AA | accounts | Accounts with accounts type group | |
| 2025-04-07 | AP01 | officers | Appoint person director company with name date | |
| 2025-04-07 | TM01 | officers | Termination director company with name termination date | |
| 2025-04-01 | AP01 | officers | Appoint person director company with name date | |
| 2025-04-01 | AP01 | officers | Appoint person director company with name date | |
| 2025-03-28 | TM01 | officers | Termination director company with name termination date | |
| 2025-03-25 | TM01 | officers | Termination director company with name termination date | |
| 2025-03-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-18 | AA | accounts | Accounts with accounts type group | |
| 2024-07-02 | TM01 | officers | Termination director company with name termination date | |
| 2024-06-25 | AP01 | officers | Appoint person director company with name date | |
| 2024-03-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-03-25 | AP03 | officers | Appoint person secretary company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 2
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.