THE MAITRI 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

CT Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Trustees have considered the financial position of the charitable company for the next twelve months and have concluded that the going concern basis of accounting is appropriate as there are no material uncertainties relating to activities or conditions which may cast doubt about the ability of the charity to continue as a going concern.”

Significant events

• “Trustees agreed a five-year strategy in 2023 which clarified that the Trust would support partners who share a passion for dismantling systemic barriers to quality primary education in India and South Africa.”
• “Staff travel continued to pick up pace in 2024 with staff trips to South Africa in March and July, a very well received immersion visit to South Africa with Stewart Investors staff in May, two trips to India in February & August, and a very successful partner-to-partner workshop held in South Africa in early November.”
• “The Trust was represented by two staff members at the International Education Funders Group (IEFG) conference in Bogota, Colombia in April 2024.”
• “Two Maitri representatives attended the Independent Philanthropy Association of South Africa (IPASA) Conference in South Africa in October.”
• “Another two representatives attended The Education and Development Forum (UKFIET) conference in Oxford.”
• “Maitri was also represented at the DASRA Indian Philanthropy conference in Mumbai.”

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

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

1

last 12 months

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

• Turnover

  +43.9%

  £1,606,742 → £2,312,207

• Cash

  -81.2%

  £11,817,802 → £2,219,249

• Net assets

  -6.4%

  £26,814,315 → £25,094,555

• Employees

  0%

  8 → 8

• Wages

  -13.8%

  £411,622 → £354,943

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