SOUTH ASIAN CONCERN CHARITABLE TRUST
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net expenditure of £63,363 for the year, resulting in a decrease in total net assets from £479,806 to £416,443. The trustees consider the charity to be in a strong position to continue its activities, although they note that going concern is dependent on uncertain future funding streams. Free/unrestricted reserves stood at £281,676 at the year-end.
What the accounts disclose
“The charitable activities are entirely dependent on continuing grant aid and voluntary donations as well as trading revenues. As a consequence, the going concern basis is dependent on the future flow of these uncertain funding streams.” — page 11
Register events
- Received assets from another charity (15/11/2024)
Trustees
- MR RAM GIDOOMALchair
- Bette-Jane Holloway
- SUNITA GIDOOMAL
- Suneel Shivdasani
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £143k | £147k |
| 31/03/2024 | £98k | £166k |
| 31/03/2023 | £205k | £162k |
| 31/03/2022 | £387k | £309k |
| 31/03/2021 | £146k | £95k |
Common questions
Is SOUTH ASIAN CONCERN CHARITABLE TRUST financially healthy?
The accounts state that the charity reported a net expenditure of £63,363 for the year, resulting in a decrease in total net assets from £479,806 to £416,443. The trustees consider the charity to be in a strong position to continue its activities, although they note that going concern is dependent on uncertain future funding streams. Free/unrestricted reserves stood at £281,676 at the year-end. Its FY2024 accounts were independently examined.
Who funds SOUTH ASIAN CONCERN CHARITABLE TRUST?
Funders whose own accounts filings name SOUTH ASIAN CONCERN CHARITABLE TRUST as a grant recipient include SELSDON BAPTIST CHURCH, THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST NICHOLAS, TOOTING GRAVENEY, RAYNERS LANE BAPTIST CHURCH, CARSHALTON BEECHES BAPTIST FREE CHURCH, JEREMY ALEXANDER SETTLEMENT.
Known funders
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| STANDARD CHARTERED FOUNDATION | 1 | £60.0m |
| SHEPPERTON COMMUNITY CHURCH | 1 | £5.5m |
| Z V M RANGOONWALA FOUNDATION | 1 | £625k |
| GRACE CHURCH EXETER | 1 | £614k |
| THE SHANTA FOUNDATION | 1 | £500k |
| THE LADY FATEMAH (A.S.) CHARITABLE TRUST | 1 | £238k |
| CRODA FOUNDATION | 1 | £220k |
| CARETECH CHARITABLE FOUNDATION | 1 | £166k |