Report and financial statements – year ended 31 March 2025

This annual report and financial statements provide an overview of our financial performance from 1 April 2024 to 31 March 2025.

 

The statements show that our finances and governance have remained strong, enabling us to retain the highest possible G1/V1 regulatory rating.

 

The financial statements include:

  • Statement of responsibilities of the Board
  • Report of the independent auditors to the member of Local Space
  • Statement of comprehensive income
  • Statement of financial position
  • Statement of changes in reserves
  • Statement of cash flows

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