HINDU CULTURAL ASSOCIATION (WALES)
Provide central focus for pan-Indian cultural promotion and promoting values amongst the Indian and indigenous population with view to improving relationship and understanding, thereby reducing inequality, discrimination and disadvantage.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a surplus of £22,439 for the year ended 31 December 2024, with total unrestricted income increasing to £103,411. Per the trustees' report, free reserves stood at £663,035, which the charity considers sufficient to meet its commitments. The independent examiner confirmed that the use of the going concern basis of accounting was appropriate with no material uncertainties identified.
What the accounts disclose
“Our policy on reserves is to ensure that we have sufficient funds available to meet our commitments”
Trustees
- Dr POONAM SINGHAL
- Dr Sarita Pawar
- Hari Ganesh Samayamanthula
- Kanya Kumari Podila
- Nirmala Kumar
- Seshakiran Chemudipati
- Sunaina Purbey
- Versha Sood
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £103k | £81k |
| 31/12/2023 | £89k | £82k |
| 31/12/2022 | £51k | £55k |
| 31/12/2021 | £55k | £51k |
| 31/12/2020 | £122k | £57k |
Common questions
Is HINDU CULTURAL ASSOCIATION (WALES) financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a surplus of £22,439 for the year ended 31 December 2024, with total unrestricted income increasing to £103,411. Per the trustees' report, free reserves stood at £663,035, which the charity considers sufficient to meet its commitments. The independent examiner confirmed that the use of the going concern basis of accounting was appropriate with no material uncertainties identified. Its FY2024 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 19/03/2024 | £20k | WALES COL - Chai Club (also known as Opening Doors) |
| The National Lottery Community Fund | 23/10/2006 | £5k | There is no project name available for this record |
| The National Lottery Community Fund | 05/07/2005 | £124k | There is no project name available for this record |