PRAGYA
Financial health, per its FY2025 accounts
The accounts state that total incoming resources were £495,946 against total expenditure of £473,781, resulting in a net increase in funds of £22,165. The charity reports carrying forward total funds of £56,595, with unrestricted reserves of £27,887. The trustees consider the ideal level of unrestricted reserves to be £15,000, representing three months' expenditure, and confirm that adequate resources continue to be available for the foreseeable future.
What the accounts disclose
“The trustees consider that the ideal level of unrestricted reserves as at 31 March 2025 would be at a level sufficient to cover three months' expenditure, i.e. £15,000.”
Structured financials (annual return, FY ending 31/03/2024)
Trustees
- GARGI BANERJIchair
- ARASAN ARULIAH
- Professor PRATAP RUGHANI
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £496k | £474k |
| 31/03/2024 | £693k | £688k |
| 31/03/2023 | £558k | £842k |
| 31/03/2022 | £683k | £501k |
| 31/03/2021 | £529k | £397k |
Common questions
Is PRAGYA financially healthy?
The accounts state that total incoming resources were £495,946 against total expenditure of £473,781, resulting in a net increase in funds of £22,165. The charity reports carrying forward total funds of £56,595, with unrestricted reserves of £27,887. The trustees consider the ideal level of unrestricted reserves to be £15,000, representing three months' expenditure, and confirm that adequate resources continue to be available for the foreseeable future. Its FY2025 accounts were independently examined.
Who funds PRAGYA?
Funders whose own accounts filings name PRAGYA as a grant recipient include ELRHA, THE KARUNA TRUST, Brian Mercer Trust, THE EVAN CORNISH FOUNDATION, THE COLES-MEDLOCK FOUNDATION.
Known funders
| Funder | Year | Amount |
|---|---|---|
| ELRHA | FY2022 | £200k |
| THE KARUNA TRUST | FY2025 | £155k |
| THE KARUNA TRUST | FY2026 | £96k |
| ELRHA | FY2023 | £86k |
| THE KARUNA TRUST | FY2025 | £47k |
| Brian Mercer Trust | FY2025 | £30k |
| THE EVAN CORNISH FOUNDATION | FY2025 | £10k |
| THE COLES-MEDLOCK FOUNDATION | FY2025 | £10k |
| THE EVAN CORNISH FOUNDATION | FY2024 | £10k |
| THE COLES-MEDLOCK FOUNDATION | FY2024 | £10k |
| ELRHA | FY2024 | £7k |
| THE PETER STEBBINGS MEMORIAL CHARITY | FY2023 | £5k |
| THE PETER STEBBINGS MEMORIAL CHARITY | FY2024 | £5k |
| THE CARMELA & RONNIE PIGNATELLI FOUNDATION | FY2023 | £3k |
| THE GIBBS CHARITABLE TRUSTS | FY2025 | £2k |
| C B AND H H TAYLOR 1984 TRUST | FY2023 | £2k |
| R G HILLS CHARITABLE TRUST | FY2023 | £1k |
| THE KARUNA TRUST | FY2026 | £0 |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| King Charles III Charitable Fund | 1 | — |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALDERSBROOK ST GABRIEL | 1 | — |
| LLOYD'S REGISTER FOUNDATION | 1 | £250k |
| THE FRANK JACKSON FOUNDATION | 1 | £153k |
| EDUCATIONAL OPPORTUNITY FOUNDATION | 1 | £90k |
| THE JUSACA CHARITABLE TRUST | 1 | £50k |
| DELVES CHARITABLE TRUST | 1 | £45k |
| THE RANWORTH TRUST 1985 | 1 | £40k |