GURUNANAK
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £871,572 at the year end, an increase from the previous year's £869,315. The trustees note that running costs are considered low and that they do not commit to funding projects unless reserves are available, indicating a conservative approach to liquidity. Normal operations have resumed following the lifting of restrictions, with accumulated reserves intended for distribution to fund larger projects in India.
What the accounts disclose
“In reviewing the reserves requirement, the trustees have decided that the charity only needs to hold a small amount of reserves as running costs are considered to be low.” — page 4
“Mr B Singh, a trustee, was paid a salary to take responsibility of the day to day management of the charity and this amounted to £24,000 (2024 £Nil).” — page 15
“During the year the trust received donations of£14,739 (2024: £15,755) from Mr J S Kohli. There were no amounts outstanding to or from Mr Kohli at the year end. Further donations amounting to £100,000 (2024 £65,500) were received from the Kohli family.” — page 17
“During the year the trust received donations of £36,361 (2024: £Nil) from Potent Investments Ltd, an entity controlled by Mr N Kohli. There were no amounts outstanding to or from the company at the year end.” — page 17
“During the year the trust received donations of£14,739 (2024: £15,755) from Mr J S Kohli. There were no amounts outstanding to or from Mr Kohli at the year end. Further donations amounting to £100,000 (2024 £65,500) were received from the Kohli family.” — page 17
“During the year the trust received donations of £36,361 (2024: £Nil) from Potent Investments Ltd, an entity controlled by Mr N Kohli. There were no amounts outstanding to or from the company at the year end.” — page 17
Structured financials (annual return, FY ending 05/04/2025)
Trustees
- BACHAN SINGH
- JASWINDER SINGH KOHLI
- NICK KOHLI
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £1.4m | £1.4m |
| 05/04/2024 | £1.2m | £1.2m |
| 05/04/2023 | £1.0m | £931k |
| 05/04/2022 | £983k | £533k |
| 05/04/2021 | £819k | £647k |
Common questions
Is GURUNANAK financially healthy?
The accounts state that unrestricted reserves stood at £871,572 at the year end, an increase from the previous year's £869,315. The trustees note that running costs are considered low and that they do not commit to funding projects unless reserves are available, indicating a conservative approach to liquidity. Normal operations have resumed following the lifting of restrictions, with accumulated reserves intended for distribution to fund larger projects in India. Its FY2025 accounts were audited by Menzies LLP.
Who funds GURUNANAK?
Funders whose own accounts filings name GURUNANAK as a grant recipient include ANAND & SETHI FAMILY CHARITY TRUST.
Known funders
| Funder | Year | Amount |
|---|---|---|
| ANAND & SETHI FAMILY CHARITY TRUST | FY2023 | £22k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ZOREYA TZEDOKOS | 1 | £312k |
| LPW LIMITED | 1 | £133k |
| THE RABBI MOSHE & LEAH DERMER FOUNDATION | 1 | £76k |
| JEG TRUST LIMITED | 1 | £40k |
| THREE PILLARS TRUST | 1 | £40k |
| UOHC FOUNDATION LTD | 1 | £25k |
| WOODLANDS GREEN LTD | 1 | £10k |
| SABENO LIMITED | 1 | £10k |