N SETHIA FOUNDATION
The objects of the Charity are:a) the relief of the sick, elderly, disabled, destitute and of orphansb) the advancement of education, and c) the advancement of religion
Financial health, per its FY2025 accounts
The accounts state that the charity holds unrestricted reserves of £7,498,776, which the trustees regard as sufficient to cover financial commitments of £2 million. The charity reported a net income of £244,951 for the year, having spent £37,129 on charitable activities, with no paid staff employed during the period.
What the accounts disclose
“Donations and grants (3) 293,856” — page 11
“At the year end the Trust is holding £7.5m in reserves to cover its financial commitments of £2m.” — page 4
“Other creditors of £941,486 (2024: £571,862) relates to amounts due to Sethia London Limited.” — page 21
“Additionally, a trustee donated £nil (2024: £22,280) worth of museum items to the charity.” — page 21
“Other creditors of £941,486 (2024: £571,862) relates to amounts due to Sethia London Limited.” — page 21
“Additionally, a trustee donated £nil (2024: £22,280) worth of museum items to the charity.” — page 21
Trustees
- NIRMAL KUMAR SETHIAchair
- ARUN BHATTACHARYA
- Amrao Jain
- RICHA SETHIA
- Shraddha Sethia
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £294k | £49k |
| 05/04/2024 | £62k | £2.1m |
| 05/04/2023 | £218k | £74k |
| 05/04/2022 | £76k | £19k |
| 05/04/2021 | £487k | £144k |
Common questions
Is N SETHIA FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds unrestricted reserves of £7,498,776, which the trustees regard as sufficient to cover financial commitments of £2 million. The charity reported a net income of £244,951 for the year, having spent £37,129 on charitable activities, with no paid staff employed during the period. Its FY2025 accounts were audited by Boydell & Co.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ONE FOOTSTEP | 2 | £45k |
| DAWAT-E-HADIYAH TRUST (UNITED KINGDOM) | 1 | £23.2m |
| WISEHEIGHTS LIMITED | 1 | £755k |
| THE MOTIVATION CHARITABLE TRUST | 1 | £81k |
| THE PA FOUNDATION | 1 | £57k |
| THE PERMIRA FOUNDATION | 1 | £53k |
| HALLMARK CARE HOMES FOUNDATION | 1 | £36k |
| TRUE COLOURS THEATRE | 1 | £5k |
Charities like this
- ISSA FOUNDATION
- SF FOUNDATION
- ANAND & SETHI FAMILY CHARITY TRUST
- THE SHANTA FOUNDATION
- THE POINT FOUNDATION
- THE JANET NASH CHARITABLE SETTLEMENT
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| N SETHIA FOUNDATION | £294k | — | 0 | above | — | no doubt |
| ISSA FOUNDATION | £9.9m | — | 0 | above | — | no doubt |
| SF FOUNDATION | £7.7m | — | 0 | above | — | no doubt |
| ANAND & SETHI FAMILY CHARITY TRUST | £190k | — | 0 | unclear | — | no doubt |
| THE SHANTA FOUNDATION | £736k | — | 0 | unclear | — | noted |
| THE POINT FOUNDATION | £102k | — | 0 | unclear | — | no doubt |