N AND R KARNANI TRUST
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2027-03-16 (in 10mo)
Last made up 2026-03-02
Watchouts
Cash
£625K
Latest balance sheet
Net assets
£4M
Equity attributable
Employees
0
Average over period
Profit before tax
£842K
Period ending 2025-03-31
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Turnover | — | — | |
| Operating profit | £690,152 | £841,883 | |
| Profit before tax | £690,152 | £841,883 | |
| Net profit | £690,152 | £841,883 | |
| Cash | £411,416 | £624,688 | |
| Total assets less current liabilities | £3,421,504 | £4,275,895 | |
| Net assets | £3,421,504 | £4,275,895 | |
| Equity | £3,421,504 | £4,275,895 | |
| Average employees | — | 0 | |
| Wages | — | — | |
| Directors' remuneration | — | — |
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 2025-03-31 vs 2024-03-31
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Return on capital employed | 20.2% | 19.7% | |
| Gearing (liabilities / total assets) | 0.0% | 0.1% | |
| Current ratio | 2282.00x | 1019.07x |
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
- Standalone (parent only)
- Auditor
- KLSA LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. We have not identified any material uncertainties relating to events or conditions that may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months.”
Significant events
- “During the year, the trustees continued to fund and support a range of initiatives aimed at improving education, livelihoods and community well-being.”
- “During the year, the trust received general donations of £924,000 (2024: £732,449).”
- “The trust donated a total of £400,763 (2024: £277,634) to various charitable activities during the year and in particular to community projects, schools and hospitals in India and UK.”
- “During the year, funding to support education and reduction in poverty trebled.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| JOSHI, Mitul Shona Mistry | Director | 2026-03-12 | Jan 1976 | British |
| KARNANI, Narendra Kumar | Director | 2019-02-11 | Sep 1955 | British |
| MARU, Namita | Director | 2026-03-12 | Oct 1984 | British |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| KARNANI, Richa | Director | 2019-02-11 | 2026-03-12 |
| MISTRY, Rupa Rohit | Director | 2020-02-11 | 2026-03-12 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mrs Namita Maru | Individual | Voting 25–50% | 2026-03-12 | Active |
| Mrs Mitul Shona Mistry Joshi | Individual | Voting 25–50% | 2026-03-12 | Active |
| Mrs Richa Karnani | Individual | Voting 25–50% | 2019-02-11 | Ceased 2026-03-12 |
| Mr Narendra Kumar Karnani | Individual | Voting 25–50% | 2019-02-11 | Active |
Filing timeline
Last 20 of 23 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-01 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2026-04-01 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2026-04-01 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2026-03-31 | TM01 | officers | Termination director company with name termination date | |
| 2026-03-31 | TM01 | officers | Termination director company with name termination date | |
| 2026-03-31 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-03-19 | AP01 | officers | Appoint person director company with name date | |
| 2026-03-19 | AP01 | officers | Appoint person director company with name date | |
| 2025-12-19 | AA | accounts | Accounts with accounts type full | |
| 2025-03-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-11-18 | AA | accounts | Accounts with accounts type total exemption full | |
| 2024-03-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-01-05 | AA | accounts | Accounts with accounts type total exemption full | |
| 2023-03-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-01-03 | AA | accounts | Accounts with accounts type total exemption full | |
| 2022-04-26 | AA01 | accounts | Change account reference date company previous extended | |
| 2022-03-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-12-23 | AA | accounts | Accounts with accounts type total exemption full | |
| 2021-03-04 | AA | accounts | Accounts with accounts type total exemption full | |
| 2021-03-02 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 9
- Capital events
- 0
- Officers appointed
- 2
- Officers resigned
- 2
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.