LONDON SIVAN KOVIL TRUST
Financial health, per its FY2022 accounts
The accounts state that the charity reported a net income surplus of £128,094 for the year ended 31 December 2022, with total funds carried forward reaching £2,298,143. The trustees note that cash reserves provide ample coverage for operational needs, although a significant portion of funds is committed to the future purchase of the temple premises. The charity maintains a prudent reserves policy, holding £72,000 as a reserve against expenditure.
What the accounts disclose
“an amount equivalent to two months' average expenditure, totaling £72,000, is set aside as a prudent reserve.” — page 6
“The Trust owns the freehold land and buildings of the Orphanage in Sri Lanka. A local committee in Sri Lanka operates the orphanage and its bank account.” — page 22
Structured financials (annual return, FY ending 31/12/2024)
Register events
- Received assets from another charity (15/05/2024)
Trustees
- Dr THURAIRAJAH SRISKANDARAJAHchair
- Dr SEENIAR NAVARATNAM
- Dr Subbaiya SIVATHASAN
- Kandiah Arumugam Raveendran
- Manoharan Ganeshan
- NADARAJAH SIVASUBRAMANIAM
- PAKTHAVATHSALA GENGATHARAN
- RAJINI SRITHARAN
- SELLAPPAH YOGARAJAH
- SELVARATNAM SUTHAHARAN
- SHANMUGANATHAN PARAMESWARAN
- Selliah Pararajasingam
- Sukumar Sangaravel
- Theivendram Ratheskumar
- Viththiyakaran Kumaraswamy
- Yarlini Rubaseyon
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £835k | £634k |
| 31/12/2023 | £764k | £613k |
| 31/12/2022 | £673k | £545k |
| 31/12/2021 | £612k | £438k |
| 31/12/2020 | £322k | £379k |
Common questions
Is LONDON SIVAN KOVIL TRUST financially healthy?
The accounts state that the charity reported a net income surplus of £128,094 for the year ended 31 December 2022, with total funds carried forward reaching £2,298,143. The trustees note that cash reserves provide ample coverage for operational needs, although a significant portion of funds is committed to the future purchase of the temple premises. The charity maintains a prudent reserves policy, holding £72,000 as a reserve against expenditure. Its FY2022 accounts were independently examined.