MARTHA TRUST

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Kreston Reeves LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The adverse impact on our overall finances of underfunding from our major funding authorities and high staff vacancies, resulting in substantial agency cost, were understandably a cause for concern. Work has continued during 2024 to address these issues and, consequently, the Trustees are confident that the charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements.”

Significant events

• “Humphrey Clarke stepped down as Chairman in December 2023, and Roger Walton took over the role.”
• “Robust process of reassessment and strong, evidence-based fee challenges have led to an encouraging number of funding increases.”
• “Exceptional year in fundraising with the Music on the Farm event in June and the Rome or Bust car challenge in September both exceeding most optimistic expectations.”
• “A Thera Trainer Tigo, a motor-assisted stationary cycling trainer for wheelchair users, was purchased in 2024 through a generous donation.”
• “Staffing numbers gradually increased, especially at Mary House, leading to a slow but steady reduction in agency use there, while agency use increased in Deal due to staff movement and increased supporting hours for residents.”
• “Six new residential placements were made during the year, but the respite service remained suspended since March 2020.”
• “Owen Nolan, Strategic Health and Social Care Lead, left Martha Trust, and Phil Linkin joined the SMT as Senior Registered Home Manager.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +11.5%

  £6,210,067 → £6,923,250

• Cash

  +2.5%

  £600,078 → £614,958

• Net assets

  +3.4%

  £4,621,833 → £4,780,519

• Employees

  -1.2%

  173 → 171

• Wages

  -0.8%

  £4,609,282 → £4,573,695

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers