GURUNANAK
To assist recognised charities, religious projects and needy individuals
Objects
GENERAL CHARITABLE PURPOSES,
Financial health, per its FY2025 accounts
The accounts state that the charity held unrestricted reserves of £871,572 at the end of the year, an increase from the previous year's £869,315. The trustees consider running costs to be low and have decided that only a small amount of reserves is needed, with the intention to distribute accumulated reserves to fund larger projects in India. The auditor confirmed that the use of the going concern basis of accounting is appropriate and identified no material uncertainties regarding the charity's ability to continue operations.
What the accounts disclose
“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). This is recognised as expenditure on charitable activities and - included within support costs.” — 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
Policies the charity declares
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Trustee expenses policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 05/04/2025
- Trustee benefits, answered Yes to: any trustee benefit; other trustee benefit
Annual return filing dates (Charity Commission record)
Of its last 5 annual returns with a recorded received date, 2 were received after the due date: year ending 05/04/2023 (received 28/03/2024, 52 days after the 05/02/2024 due date); year ending 05/04/2022 (received 06/02/2023, 1 day after the 05/02/2023 due date).
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?
Per its FY2025 accounts: The accounts state that the charity held unrestricted reserves of £871,572 at the end of the year, an increase from the previous year's £869,315. The trustees consider running costs to be low and have decided that only a small amount of reserves is needed, with the intention to distribute accumulated reserves to fund larger projects in India. The auditor confirmed that the use of the going concern basis of accounting is appropriate and identified no material uncertainties regarding the charity's ability to continue operations. 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 | Purpose (as stated by the funder) |
|---|---|---|---|
| ANAND & SETHI FAMILY CHARITY TRUST | FY2025 | £25k | |
| ANAND & SETHI FAMILY CHARITY TRUST | FY2023 | £22k | |
| ANAND & SETHI FAMILY CHARITY TRUST | FY2022 | £21k |
Charities like this
- GURU NANAK SIKH GURDWARA
- THE GOLDCREST FOUNDATION
- GURU NANAK SOCIETY OF LONDON TRUST
- PUSHTINIKUNJ FOUNDATION
- SRINIVAS/ USHA CHARITABLE TRUST
- RJM CHARITY TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| GURUNANAK | £1.4m | — | 0 | unclear | — | no doubt |
| GURU NANAK SIKH GURDWARA | £100k | — | 0 | within | — | no doubt |
| THE GOLDCREST FOUNDATION | £132k | — | 0 | unclear | — | no doubt |
| GURU NANAK SOCIETY OF LONDON TRUST | £407k | — | 0 | above | — | no doubt |
| PUSHTINIKUNJ FOUNDATION | £73k | — | 0 | above | — | no doubt |
| SRINIVAS/ USHA CHARITABLE TRUST | £106k | — | 0 | below | — | no doubt |