The Maitri Trust
Latest income
£2.3m
Latest spending
£5.1m
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that the Trust is undergoing a planned sunset with final closure expected in April 2028, following the cessation of its sole donor's funding. Despite this, the Trust holds significant unrestricted reserves of £13.8m in free cash, which exceeds its policy aspiration of three years of cover. The Trust reports a net outgoing resource of £4.0m for the year, largely driven by the liquidation of investments and grant distributions.
What the accounts disclose
Highest-paid employee band: £70,000 - £79,999
“There were 3 employees whose total annual remuneration, excluding employer pension contributions was above £60,000. One was in the band £70,000 - £79,999 and two were in the band £60,000 – £69,999.” — page 19
Per FY2025 accounts as filed with OSCR.
Related-party transaction: Trustees are former/current employees of Stewart Investors
“the majority of Trustees who served during the year are or were former employees of Stewart Investors (part of First Sentier Investors) or First Sentier Investors employees. Stewart Investors was the Trust’s sole donor.”
Per FY2025 accounts as filed with OSCR.