SHRI KANAGATHURKKAI AMMAN (HINDU) TEMPLE TRUST
Financial health, per its FY2023 accounts
The accounts state that total income for the year ended 31 March 2023 was £1,870,266, with total expenditure on charitable activities and fundraising amounting to £1,409,097, resulting in a net income of £1,319,709. The charity holds unrestricted reserves of £6,391,832, which the trustees note is significantly above their stated policy target of maintaining reserves equivalent to 12 months of operational expenditure. The trustees and auditors confirm that the charity has adequate resources to continue as a going concern with no material uncertainties identified.
What the accounts disclose
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Arunasalam Nanthakumar
- DR APPIAH THEVASAGAYAM
- Dr Mayooran Shanmuganathan
- Dr Velupillai Paramanathan
- KUMARAPAR SABARATNAM
- Nackeeran Ponnuthurai
- SABALINGAM ABAYALINGAM
- SHANMUGANATHAN SRIRANGAN
- Thanabalachandran Ponnampalam
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.7m | £1.6m |
| 31/03/2024 | £1.9m | £1.9m |
| 31/03/2023 | £1.9m | £1.4m |
| 31/03/2022 | £1.3m | £933k |
| 31/03/2021 | £841k | £691k |
Common questions
Is SHRI KANAGATHURKKAI AMMAN (HINDU) TEMPLE TRUST financially healthy?
The accounts state that total income for the year ended 31 March 2023 was £1,870,266, with total expenditure on charitable activities and fundraising amounting to £1,409,097, resulting in a net income of £1,319,709. The charity holds unrestricted reserves of £6,391,832, which the trustees note is significantly above their stated policy target of maintaining reserves equivalent to 12 months of operational expenditure. The trustees and auditors confirm that the charity has adequate resources to continue as a going concern with no material uncertainties identified. Its FY2023 accounts were audited by Param & Company Ltd.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| WESTCOMBE FOUNDATION | 1 | £500 |