THE GURKHA WELFARE TRUST
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Next accounts due
2027-03-31 (in 10mo)
Last filed for 2025-06-30
Confirmation statement due
2027-04-22 (in 11mo)
Last made up 2026-04-08
Watchouts
None on the register
Cash
£8M
+2.2% vs 2024
Net assets
£71M
+9.2% vs 2024
Employees
524
-1.7% vs 2024
Profit before tax
—
Period ending 2025-06-30
Net assets
2-year trend · vs Health Care median
Accounts
2-year trend · latest reflected 2025-06-30
| Metric | Trend | 2024-06-30 | 2025-06-30 |
|---|---|---|---|
| Turnover | — | — | |
| Operating profit | £300,000 | £5,384,000 | |
| Profit before tax | — | — | |
| Net profit | £6,279,000 | £5,931,000 | |
| Cash | £8,163,000 | £8,345,000 | |
| Total assets less current liabilities | £99,111,000 | £101,528,000 | |
| Net assets | £64,611,000 | £70,542,000 | |
| Equity | £64,611,000 | £70,542,000 | |
| Average employees | 533 | 524 | |
| Wages | £5,829,000 | £5,709,000 | |
| Directors' remuneration | £0 | £0 |
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
Year-on-year
FY2024 → FY2025 · period ending 2025-06-30 vs 2024-06-30
-
Turnover
—
Not reported
-
Cash
+2.2%
£8,163,000 £8,345,000
-
Net assets
+9.2%
£64,611,000 £70,542,000
-
Employees
-1.7%
533 524
-
Operating profit
+1,694.7%
£300,000 £5,384,000
-
Wages
-2.1%
£5,829,000 £5,709,000
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-06-30 | 2025-06-30 |
|---|---|---|---|
| Return on capital employed | 0.3% | 5.3% | |
| Gearing (liabilities / total assets) | 38.5% | 34.2% | |
| Current ratio | 5.61x | 6.73x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Crowe U.K. LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Trustees have concluded that the Trust remains in a strong financial position and operates as a Going Concern for a period of at least 12 months from approval of these financial statements.”
Group structure
- THE GURKHA WELFARE TRUST · parent
- GWT Trading Ltd 100%
- Ex Servicemen and Families Support Society 100%
Significant events
- “The monsoon season of September 2024 brought unprecedented rainfall to many regions of Nepal. Several of our welfare teams were temporarily cut off by landslides and flooding, leaving them isolated in remote and hazardous conditions.”
- “March 2025 marked the completion of our final water projects delivered in partnership with the Foreign, Commonwealth & Development Office.”
- “Another important milestone was the formal endorsement by our Board in May of our new Safeguarding Cell - a dedicated team providing a vital lifeline to our most vulnerable beneficiaries.”
- “The Board also took decisive and considered action to reduce our free reserves, ensuring that more of our resources are directed where they matter most to our core beneficiaries. As a result, the Welfare Pension has been raised by a level significantly above inflation.”
- “We awarded over 1,515 Emergency Hardship Grants providing funeral grants, emergency supplies, essential items and home repairs for those hit by disasters including heavy monsoon rain, floods and landslides across Nepal.”
- “Our EQ Home Rebuild Project constructed 68 resilient homes, while the Enhancement Project strengthened 41 existing ones.”
- “The Gurkha Welfare Trust was very proud to be awarded the 2024 Engineering Outreach Award, by the Worshipful Company of Engineers.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
11 active · 49 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| GOODMAN, Richard Thomas | Secretary | 2024-10-01 | — | — |
| COOPER, Stephen John | Director | 2019-09-11 | Apr 1963 | British |
| DAVID, John Geoffrey Rupert | Director | 2020-12-10 | Jul 1969 | British |
| DAVIES, Jody Philip, Brigadier | Director | 2023-12-14 | Jun 1974 | British |
| EVEREST, Alison Jane, Dr | Director | 2024-12-10 | Nov 1967 | British |
| GRANT, Patrick Mark Allan | Director | 2020-12-10 | Feb 1962 | British |
| KEARSLEY, Ranjani | Director | 2023-04-13 | Sep 1981 | British |
| LEVIN, Ann Elizabeth | Director | 2019-12-12 | Jan 1958 | British |
| RAI, Hemchandra | Director | 2020-12-10 | Oct 1959 | Nepalese |
| ROBINSON, David John, Colonel | Director | 2021-11-12 | Jul 1969 | British |
| STRICKLAND, Gerald Mark, Major General | Director | 2024-09-13 | Aug 1970 | British |
Show 49 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HOWARD, Alexander Philip Wilder | Secretary | 2016-05-27 | 2021-04-14 |
| POWELL-JONES, Evan David, Colonel | Secretary | 2004-04-08 | 2005-01-21 |
| ROWE, Nigel David Jonathan | Secretary | 2021-04-14 | 2024-10-01 |
| SHUTTLEWOOD, William Francis, Colonel | Secretary | 2005-01-21 | 2016-05-27 |
| ANDERSON, John Anthony, Brigadier | Director | 2007-05-04 | 2015-11-11 |
| BACH, John Theodore | Director | 2004-04-08 | 2007-05-03 |
| BILL, David Robert, Maj Gen | Director | 2006-10-30 | 2009-05-07 |
| BILL KCB, David Robert, Lt Gen Sir | Director | 2010-11-12 | 2013-09-18 |
| BRADE, Jeremy James | Director | 2007-05-04 | 2020-09-16 |
| CLIFFORD, David Phillimore | Director | 2013-01-01 | 2019-09-11 |
| COLE, Jonathan James, Major General | Director | 2015-12-01 | 2021-05-27 |
| COWLAM CBE, Shaun Philip, Brigadier | Director | 2004-06-29 | 2007-05-03 |
| DAVIES, Jody, Col | Director | 2019-09-20 | 2021-11-12 |
| DONOVAN OBE, Diana | Director | 2004-06-29 | 2016-05-11 |
| DUFFELL, Peter Royson, Sir | Director | 2004-06-29 | 2007-05-03 |
| DUFFICY, Frank Seain Francis | Director | 2007-05-04 | 2019-12-12 |
| FAY, Angus, Major General | Director | 2010-11-12 | 2020-08-01 |
| FOLEY, John Paul, His Excellency Lieutenant General Sir | Director | 2004-06-29 | 2005-07-11 |
| GURUNG, Krishnabahadur, Major (Retd) | Director | 2015-01-29 | 2020-12-09 |
| HAYES CBE, David Gerard, Colonel | Director | 2004-10-08 | 2021-05-18 |
| HITCHCOCK, David John | Director | 2007-05-04 | 2021-05-11 |
| JANVRIN, Robin Berry, Lord | Director | 2009-04-24 | 2016-05-11 |
| JOHNSON KCB OBE MC, Garry Dene, Sir | Director | 2004-06-29 | 2007-05-03 |
| KEELING, John David, Dr | Director | 2017-07-20 | 2024-12-10 |
| KEFFORD, Michael Howard | Director | 2004-10-20 | 2007-05-03 |
| LAWRENCE, John Craig, Brigadier | Director | 2009-07-01 | 2016-01-31 |
| LEE, Stanley Mervyn Arnold | Director | 2004-06-29 | 2011-09-30 |
| MCNAUGHT, George Purves | Director | 2004-04-08 | 2012-12-31 |
| MOFFAT, Nicky, Brigadier | Director | 2011-11-25 | 2013-08-01 |
| PEARSON CBE, Peter Thomas Clayton, Major General | Director | 2004-06-29 | 2009-06-30 |
| PETT, Raymond Austin, Major General | Director | 2004-04-08 | 2007-05-03 |
| PIGOTT KCB CBE, Anthony David, Lieutenant General Sir | Director | 2004-06-29 | 2006-10-27 |
| POPE, Nicholas Arthur William, Lieutenant General Sir | Director | 2009-05-07 | 2015-11-30 |
| POPE, Nicholas Arthur William, Brigadier | Director | 2005-04-11 | 2007-05-03 |
| POPE CBE, Nicholas Arthur William, Lt Gen Sir | Director | 2017-07-20 | 2020-11-02 |
| PURVES, William, Sir | Director | 2004-06-29 | 2005-07-11 |
| RATCLIFFE, Guy, Brigadier | Director | 2007-05-04 | 2017-07-20 |
| REX, Dan Maurice | Director | 2021-09-15 | 2023-12-14 |
| RICHARDS GCB CBE DSO ADC GEN, David Julian, Sir | Director | 2007-05-04 | 2012-03-31 |
| RIGDEN, Ian Alexander, Colonel | Director | 2011-09-01 | 2012-11-30 |
| ROBINSON, James, Colonel | Director | 2012-12-01 | 2019-09-20 |
| SHUTTLEWOOD, William Francis, Colonel | Director | 2004-06-29 | 2004-10-08 |
| STRICKLAND, Gerald Mark, Major General | Director | 2016-02-01 | 2021-05-27 |
| TROUSDELL, Philip Charles Cornwallis, Sir | Director | 2004-06-29 | 2007-05-03 |
| TURNER, Catherine Lucy | Director | 2016-05-11 | 2022-12-14 |
| URCH, Tyrone Richard | Director | 2013-09-19 | 2016-10-08 |
| WALL GCB CBE DL, Sir Peter, General | Director | 2012-04-01 | 2017-07-20 |
| WARDLAW, Richard, Lieutenant General | Director | 2016-10-08 | 2024-09-13 |
| WILLIS, David Richard Danyers, Brigadier | Director | 2004-06-29 | 2004-10-20 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 205 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-05-22 MA Memorandum articles
- 2025-05-22 CC04 Statement of companys objects
- 2025-05-19 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-04-08 | CH01 | officers | Change person director company with change date | |
| 2026-04-08 | CH01 | officers | Change person director company with change date | |
| 2026-04-08 | CH01 | officers | Change person director company with change date | |
| 2025-12-24 | AA | accounts | Accounts with accounts type group | |
| 2025-05-22 | MA | incorporation | Memorandum articles | |
| 2025-05-22 | CC04 | change-of-constitution | Statement of companys objects | |
| 2025-05-19 | RESOLUTIONS | resolution | Resolution | |
| 2025-04-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-24 | AA | accounts | Accounts with accounts type group | |
| 2024-12-13 | AP01 | officers | Appoint person director company with name date | |
| 2024-12-12 | TM01 | officers | Termination director company with name termination date | |
| 2024-10-04 | TM01 | officers | Termination director company with name termination date | |
| 2024-10-04 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-02 | AP03 | officers | Appoint person secretary company with name date | |
| 2024-10-02 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-04-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-01-23 | AA | accounts | Accounts with accounts type group | |
| 2024-01-17 | AP01 | officers | Appoint person director company with name date | |
| 2024-01-17 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 8
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.