SHREE KUTCH LEVA PATEL COMMUNITY (UK )
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net surplus of £2,511,924 for the year ended 31 December 2024, resulting in total net assets of £7,065,617. Unrestricted reserves stood at £1,912,639, which the trustees consider sufficient to cover one year's direct charitable expenditure. The charity confirmed it has adequate resources to continue as a going concern for the next 12 months.
What the accounts disclose
“The Charity had significant transactions related to provision of services with Vital Concept Ltd, connected to the General Secretary Ravi Varsani for £68,209 (2023: £50,510) during the year.” — page 32
“The Charity also processed applications worth £2,492,000 for construction work related to the India Garden Project to SKLPC Construction Limited for the financial year.” — page 32
“The Charity had significant transactions related to provision of services with Vital Concept Ltd, connected to the General Secretary Ravi Varsani for £68,209 (2023: £50,510) during the year.” — page 32
“The Charity also processed applications worth £2,492,000 for construction work related to the India Garden Project to SKLPC Construction Limited for the financial year.” — page 32
“The Charity set up SKLPC Construction Limited to undertake the India Gardens construction project.” — page 11
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Rajesh Jiwanichair
- Dipak Hirani
- Jayesh Hirani
- Jeetendra Halai
- Rajni Hirani
- Samji Patel
- Vijay Hirani
- Vinod Gajparia
- Vinodray Pindolia
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £3.3m | £776k |
| 31/12/2023 | £1.7m | £1.9m |
| 31/12/2022 | £1.3m | £1.1m |
| 31/12/2021 | £348k | £279k |
| 31/12/2020 | £421k | £257k |
Common questions
Is SHREE KUTCH LEVA PATEL COMMUNITY (UK ) financially healthy?
The accounts state that the charity reported a net surplus of £2,511,924 for the year ended 31 December 2024, resulting in total net assets of £7,065,617. Unrestricted reserves stood at £1,912,639, which the trustees consider sufficient to cover one year's direct charitable expenditure. The charity confirmed it has adequate resources to continue as a going concern for the next 12 months. Its FY2024 accounts were audited by CKRD Accountants Ltd.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ANPRIDE LIMITED | 1 | £6k |
| EDWARD HARVIST (ALSO KNOWN AS THE HARVIST ESTATE) | 1 | £2k |