MUKTANGAN EDUCATIONAL TRUST
Every year Muktangan trains more than 250 local members of the community as school teachers and provides high quality child-centred English medium education to more than 2000 children in Mumbai. Muktangan currently works in 7 Municipal Schools and this number is ever growing. Muktangan Educational Trust raises money in the UK to support the work of Muktangan Schools in India.
Financial health, per its FY2024 accounts
The accounts state that the charity raised £54,422 in incoming resources for the year, with total funds carried forward standing at £17,263. The trustees report that all funds received are efficiently deployed to support educational activities in India, as the UK Trust incurs no overheads and has no premises. The filing indicates a stable financial position with resources expended closely matching incoming resources, resulting in a small net surplus.
What the accounts disclose
Trustees
- JIT SINGH KUNDI
- Prasad Khambalikar
- Rishi Chowdhury
- Rita Krishna
- THOMAS GEOFFREY WRIGHT
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £54k | £52k |
| 31/12/2023 | £56k | £53k |
| 31/12/2022 | £8k | £47k |
| 31/12/2021 | £34k | £32k |
| 31/12/2020 | £97k | £72k |
Common questions
Is MUKTANGAN EDUCATIONAL TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the charity raised £54,422 in incoming resources for the year, with total funds carried forward standing at £17,263. The trustees report that all funds received are efficiently deployed to support educational activities in India, as the UK Trust incurs no overheads and has no premises. The filing indicates a stable financial position with resources expended closely matching incoming resources, resulting in a small net surplus. Its FY2024 accounts were independently examined.