SRI CHAITANYA SARASWAT MATH
Education, Promotion of Spiritual, Emotional and Physical Well-being
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net expenditure of £13,688 for the year, reducing its unrestricted funds from £715,814 to £702,126. The trustees have adopted a reserves policy to maintain a minimum of £15,000, which is well above the current unrestricted fund balance, indicating a comfortable position relative to the stated policy target. The independent examiner confirmed that the accounts comply with applicable requirements and raised no matters of concern.
What the accounts disclose
“The trustees have agreed to maintain a minimum reserve of £15,000 to cover four months of operating costs in the event of unforeseen challenges.” — page 3
Property (HM Land Registry)
Trustees
- ALEXANDER DRAGILEV
- DAVID WILLIAM EWINS
- ELISABETH ANNE CLIFFORD
- Pandita Govinda Christina Maria Geary
- ZULAY CEDERBERG
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £94k | £107k |
| 31/12/2023 | £196k | £202k |
| 31/12/2022 | £102k | £102k |
| 31/12/2021 | £85k | £82k |
| 31/12/2020 | £97k | £70k |
Common questions
Is SRI CHAITANYA SARASWAT MATH financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net expenditure of £13,688 for the year, reducing its unrestricted funds from £715,814 to £702,126. The trustees have adopted a reserves policy to maintain a minimum of £15,000, which is well above the current unrestricted fund balance, indicating a comfortable position relative to the stated policy target. The independent examiner confirmed that the accounts comply with applicable requirements and raised no matters of concern. Its FY2024 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 05/04/2019 | £8k | Feed Them All Mini Bus |