THE MATHS SOCIETY
To advance education, through provision of academic support and resources for young peopleTo promote links between schools and industryTo develop and facilitate career preparation, work experience and improve employability skillsTo advance any other purpose which is recognised as exclusively charitable under the laws of England and Wales and Scotland.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net surplus of £1,937 for the year ended 29 February 2025, with total receipts of £31,782 and total payments of £31,880. The trustees confirmed the charity remains viable and adopted the going concern basis, maintaining cash funds of £1,387 at year-end. The charity's reserves policy targets approximately three months of unrestricted expenditure, though the specific unrestricted reserves balance is not explicitly stated in the provided statements.
What the accounts disclose
“The main sources of funding for the Charity are tuition fees received from fee-paying parents.” — page 7
“It is the policy of the Charity to maintain free reserves (unrestricted funds not tied up in tangible fixed assets) at a level which equates to approximately three months of unrestricted expenditure.” — page 7
Trustees
- Jatinkumar Patel BScchair
- Dr Anuj Patel B.D.S.Hons
- Jayesh Hirani
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 28/02/2025 | £32k | £32k |
| 29/02/2024 | £19k | £18k |
| 28/02/2023 | £22k | £24k |
| 28/02/2022 | £28k | £30k |
| 28/02/2021 | £20k | £16k |
Common questions
Is THE MATHS SOCIETY financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net surplus of £1,937 for the year ended 29 February 2025, with total receipts of £31,782 and total payments of £31,880. The trustees confirmed the charity remains viable and adopted the going concern basis, maintaining cash funds of £1,387 at year-end. The charity's reserves policy targets approximately three months of unrestricted expenditure, though the specific unrestricted reserves balance is not explicitly stated in the provided statements. Its FY2025 accounts were independently examined.