GATSBY AFRICA

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

• Turnover

  +8.4%

  £20,706,000 → £22,453,000

• Cash

  +53%

  £2,775,000 → £4,247,000

• Net assets

  +18.5%

  £8,864,000 → £10,506,000

• Employees

  +5.6%

  124 → 131

• Wages

  +16.7%

  £6,527,000 → £7,618,000

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

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

Consolidated group

Auditor

Crowe U.K. LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. GATSBY AFRICA · parent
   1. Msingi East Africa · Kenya
   2. Kenya Markets Trust · Kenya
   3. Forestry Development Trust · Tanzania
   4. East Africa Tea Investments (EATI) · Scotland

Significant events

• “In the fiscal year 2024-25, Gatsby Africa (GA) continued its mission to foster sustainable, inclusive, and resilient economic growth in East Africa.”
• “GA's diverse range of activities was primarily funded through grants from the Gatsby Charitable Foundation, leading to transformative impacts across several key sectors.”
• “In East Africa, Gatsby Africa's (GA) forestry programme focused on improving access to high-quality germplasm, resulting in significant progress for smallholders and private sector investors.”
• “GA's Livestock programme supported the development of climate-resilient business models, working with partners to trial new feed and fattening business models.”
• “GA's aquaculture programme has significantly supported industry growth, leading to increased fish production and improved profitability for smallholder farmers.”
• “GA's water programme focused on improving the performance of water utilities, leading to an improved water service delivery in the sector.”
• “GA entered into an agreement with the FCDO in 2022 to undertake the project: 'Kenya-UK partnering for accelerated climate transitions'. The amount awarded under the grant for delivery of the project is £1.7 million.”
• “In April 2024, Gatsby Africa signed a grant agreement with the Gates Foundation to support an exposure visit to Uruguay for the Livestock team and selected stakeholders. A total of £772,000 (US$ 994,000) was received.”
• “In October 2024, a second agreement was signed to support the development of innovative business models aimed at building a competitive, inclusive, and resilient pastoral beef sector. The total amount awarded is £3.8 million (US$ 4.9 million).”
• “In January 2025, Gatsby Africa signed a 12-month grant agreement with the Ezrah Charitable Trust to strengthen financial investment and technical support within the East African agroforestry ecosystem through its Forestry Programme. The total grant value is £388,000 (US$ 500,000).”
• “The Group recorded a net surplus of grant income over charitable expenditure of £1.8 million for the year. GA's reserves at year end were £10.5 million.”
• “On 28 March 2024 GA ceased its membership of East African Tea Investments (EATI), a charitable company in which GA previously held joint membership with The Wood Foundation.”
• “Kenya Markets Trust ceased operations during 2024 upon completion of its remaining project, after which the remaining residual net assets were transferred entirely to Gatsby Africa - Kenya branch.”
• “Forestry Development Trust is no longer operating and is awaiting dissolution. An agreement was signed at the end of March 2024 to transfer the operations and assets of the Forestry Development Trust and Gatsby Africa - Tanzania branch.”

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

0

last 12 months

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