THE APAX FOUNDATION

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

Consolidated group

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

Saffery LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Trustees are satisfied that the Charity and Group has adequate resources, including a Group cash balance of £137,322 and liquid investments of £51,079,418, that are sufficient to cover its committed grants, undrawn commitments and limited cost base. Furthermore, the entity does not have any external debt and therefore has no repayment obligations and as such can continue in operation for at least the next twelve months. For this reason, the Trustees have adopted the going concern basis in preparing these financial statements.”

Group structure

1. THE APAX FOUNDATION · parent
   1. Apax E Member Limited 100% · England · to receive a profit share from Apax Partners LLP and to make donations to the Apax Foundation

Significant events

• “The Foundation has conducted a strategic review of its activities with the help of an external consultancy, BCG, which has resulted in a revised strategy that has been undertaken in September 2025.”
• “In September 2024, the Trustees welcomed Victoria Potter to manage the Foundation as its Director, on a day-to-day basis, who is employed by the Foundation.”
• “In July 2025, Rohan Haldea stood down as CEO but remains a Trustee and Gabriele Cipparrone joined as CEO and a Trustee.”
• “Post year end, the shareholders of Apax Global Alpha Ltd approved a transaction which provided shareholders with a choice of selling their shares at a premium to the share price immediately before the announcement of this offer or by exchanging their shares for shares in an unlisted vehicle which would continue to carry on a similar business to that previously undertaken by Apax Global Alpha Ltd.”

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

Filings

9

last 12 months

Capital events

0

last 24 months

Officers appointed

1

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

  —

  Not reported

• Cash

  -92.1%

  £1,731,590 → £137,322

• Net assets

  -2.3%

  £75,038,117 → £73,314,714

• Employees

  0%

  1 → 1

• Operating profit

  +13.8%

  -£1,968,335 → -£1,697,389

• Profit before tax

  +13.8%

  -£1,968,335 → -£1,697,389

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers