THE SHRIMATI PUSHPA WATI LOOMBA MEMORIAL FOUNDATION
To promote the welfare and education of the children of poor widows, orphaned children, and also children who have lost their mothers as a result of natural disaster, and for other auxiliary purposes as the trustees may determine.
Financial health, per its FY2025 accounts
The accounts state that the charity achieved an unrestricted surplus of £33,200 for the year ended 31 March 2025, with total unrestricted funds carried forward amounting to £395,271. The trustees maintain a reserves policy to hold at least three months of average expenditure, and the current reserves significantly exceed this target. The auditors confirmed that there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The current reserves policy is to build up and maintain free reserves of at least 3 months average expenditure.” — page 10
Trustees
- LADY VEENA LOOMBA
- LORD RAJ LOOMBA CBE
- RAKESH LOOMBA
- REETA SARKAR
- ROMA LOOMBA
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £229k | £196k |
| 31/03/2024 | £131k | £111k |
| 31/03/2023 | £306k | £329k |
| 31/03/2022 | £127k | £47k |
| 31/03/2021 | £30k | £144k |
Common questions
Is THE SHRIMATI PUSHPA WATI LOOMBA MEMORIAL FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity achieved an unrestricted surplus of £33,200 for the year ended 31 March 2025, with total unrestricted funds carried forward amounting to £395,271. The trustees maintain a reserves policy to hold at least three months of average expenditure, and the current reserves significantly exceed this target. The auditors confirmed that there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by Goldwins Limited.
Who funds THE SHRIMATI PUSHPA WATI LOOMBA MEMORIAL FOUNDATION?
Funders whose own accounts filings name THE SHRIMATI PUSHPA WATI LOOMBA MEMORIAL FOUNDATION as a grant recipient include THE HINDUJA FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE HINDUJA FOUNDATION | FY2022 | £1k | The relief of poverty, hunger and sickness |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE REED FOUNDATION | 1 | £84k |
| THE PA FOUNDATION | 1 | £57k |
| THE PERMIRA FOUNDATION | 1 | £53k |
| THE IMAM HUSSEIN FOUNDATION | 1 | £1k |
| BAIG WELFARE FOUNDATION | 1 | £100 |
Charities like this
- ARRAHMA FOUNDATION
- THE LADY FATEMAH (A.S.) CHARITABLE TRUST
- LADY SUMAYYA HUMANITARIAN AID FOUNDATION LIMITED
- FIRDOUS FOUNDATION
- THE POINT FOUNDATION
- THE LOTUS CHILDRENS FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE SHRIMATI PUSHPA WATI LOOMBA MEMORIAL FOUNDATION | £229k | — | 0 | unclear | — | no doubt |
| ARRAHMA FOUNDATION | £1.3m | — | 0 | unclear | — | no doubt |
| THE LADY FATEMAH (A.S.) CHARITABLE TRUST | £4.1m | — | 0 | below | — | no doubt |
| LADY SUMAYYA HUMANITARIAN AID FOUNDATION LIMITED | £220k | — | 0 | unclear | — | no doubt |
| FIRDOUS FOUNDATION | £184k | — | 0 | unclear | — | no doubt |
| THE POINT FOUNDATION | £102k | — | 0 | unclear | — | no doubt |