Annual Financial Statements
The latest annual financial statements – including both Windrush Ventures Limited and Firerush Ventures Limited – have been submitted to Companies House and are published on this website today.
These are the financial statements of the two companies through which the operating costs of Tony Blair’s global activities are paid. They do not represent his earnings or the earnings of his business and are not referable to them.
They do not represent either the accounts of his charities or his payments to them.
The Windrush statements show that the operating costs of running his activities have risen to £12.6m from £10.9m. These costs represent salaries, administration, rent, travel and other costs.
The profit of the Windrush Group (£3.6million) is money that is being held in the company for re-investment in expanding the business. There is a total of £909,000 payable in corporation tax on the Group profit.
As a smaller company Firerush only publishes abbreviated accounts. It again is a company that is solely for the costs of the business. The £68,000 therefore represents the surplus on the running costs; on which corporation tax is paid. The money made by Mr Blair and the employees from Firerush business is subject to full personal income tax; and is not published in these accounts.
Mr Blair continues to be a UK taxpayer and pays full personal tax on all his earnings worldwide.
02 January 2013