THE SCOTT BADER COMMONWEALTH LIMITED
Financial health, per its FY2024 accounts
The accounts state that the Group reported a loss before tax of £4.0m for the year ended 31 December 2024, following a decrease in turnover and increased raw material costs. The Trustees noted that the Group obtained a waiver for a covenant test and expressed confidence in its ability to continue as a going concern based on forecasts to June 2026.
What the accounts disclose
“Unrestricted Funds - The Trustees have agreed to retain £180k in a range equivalent to approximately three to six months’ forward expenditure.” — page 21
“The Group holds 100% of the issued shares of all subsidiaries in the below table and, except where noted, these are held by SBCL. None of the subsidiaries are listed on a recognised stock exchange and all have been included in the consolidation.” — page 56
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Martin Fordchair
- Bhuvan Pratap Lalka
- David Black
- Dr Gillian Elizabeth Shapiro
- Dr Renu Gupta
- Gayatri Ramakrishnan
- John Leslie Brenchley
- Sonia Jayne Kaur Davies
- THOMAS JAMES BUCHAN SCOTT
- Timothy Roy Treleaven Jones
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £513k | £689k |
| 31/12/2023 | £367k | £379k |
| 31/12/2022 | £347k | £444k |
| 31/12/2021 | £589k | £408k |
| 31/12/2020 | £823k | £330k |
Common questions
Is THE SCOTT BADER COMMONWEALTH LIMITED financially healthy?
The accounts state that the Group reported a loss before tax of £4.0m for the year ended 31 December 2024, following a decrease in turnover and increased raw material costs. The Trustees noted that the Group obtained a waiver for a covenant test and expressed confidence in its ability to continue as a going concern based on forecasts to June 2026. Its FY2024 accounts were audited by RSM UK Audit LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| HAMMERSMITH UNITED CHARITIES | 1 | £22k |