THE SIGMA CHARITABLE TRUST
The making of contributions to named registered charities whose objectives are illnesses, Hindu temples in the UK for the purchase of equipment and facilities, Schools in the UK for purchase of equipment and facilities and charities concerned with relief from natural disasters.
Objects
2.1 THE TRUSTEES SHALL HOLD THE CAPITAL AND INCOME OF THE TRUST FUND UPON TRUST TO APPLY THE INCOME AND ALL OR SUCH PART OR PARTS OF THE CAPITAL FOR OR TOWARDS SUCH CHARITABLE PURPOSES AND TO MAKE DONATIONS TO SUCH CHARITABLE INSTITUTION OR INSTITUTIONS AT SUCH TIME OR TIMES AND IN SUCH MANNER AS THE TRUSTEES MAY IN THEIR ABSOLUTE DISCRETION THINK FIT BUT ALWAYS SUBJECT TO CLAUSES 2.2,2.3, 2.4 AND 2.5 HEREUNDER PROVIDED THAT THE TRUSTEES MAY AT THEIR ABSOLUTE DISCRETION FOR THE PERIOD OF 21 YEARS FROM THE DATE OF THIS DATE OF THIS DEED INSTEAD OF APPLYING THE INCOME OF THE CHARITY IN ANY YEAR ACCUMULATE ALL OR ANY PART OF SUCH INCOME AT COMPOUND INTEREST BY INVESTING THE SAME AND THE RESULTING INCOME IN ANY OF THE AUTHORISED INVESTMENTS AND HOLD THE SAME AS AN ACCRETION TO AND AS PART OF THE CAPITAL OF THE CHARITY WITHOUT PREJUDICE TO THEIR RIGHT TO APPLY THE WHOLE OR ANY PART OF SUCH ACCUMULATED INCOME IN ANY SUBSEQUENT YEAR AS IF THE SAME WERE INCOME OF THE CHARITY ARISING IN THE THEN CURRENT YEAR; AND2.2 THE MAKING OF CONTRIBUTIONS TO NAMED REGISTERED CHARITIES WHOSE OBJECTIVES INCLUDE THE INVESTIGATION INTO THE CAUSES OF AND A CURE FOR CANCER, AND OTHER SPECIFIC ILLNESSES; AND2.3 THE MAKING OF CONTRIBUTIONS TO HINDU TEMPLES IN THE UK WHICH ARE REGISTERED CHARITIES FOR THE PURCHASE OF EQUIPMENT AND FACILITIES WHICH THE TRUSTEES WILL SPECIFY; AND2.4 THE MAKING OF CONTRIBUTION TO SCHOOLS IN THE UK WHICH ARE REGISTERED CHARITIES FOR THE PURCHASE OF EQUIPMENT AND FACILITIES WHICH THE TRUSTEES WILL SPECIFY; AND2.5 THE MAKING OF CONTRIBUTIONS TO REGISTERED CHARITIES CONCERNED WITH RELIEF FROM NATURAL DISASTERS.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves of £24,517 were maintained at the end of the year, which the trustees consider sufficient to meet their policy target of three to six months' expenditure. The trustees report no material uncertainties regarding the charity's ability to continue in operational existence for the foreseeable future.
What the accounts disclose
“It is the policy of the that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure.” — page 4
Policies the charity declares
- Complaints policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
Trustees
- Aysha Dhanani
- BHARAT KUMAR SHAH
- KAMAL HANSRAJ SHAH
- Manish Hansraj Shah
- Miloni Tanna
- Sachin Manish Shah
- Sonia Shah
- ZOHAIR NOORBHAI
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £95k | £82k |
| 05/04/2024 | £7k | £42k |
| 05/04/2023 | £46k | £19k |
| 05/04/2022 | £33k | £23k |
| 05/04/2021 | £45k | £39k |
Common questions
Is THE SIGMA CHARITABLE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves of £24,517 were maintained at the end of the year, which the trustees consider sufficient to meet their policy target of three to six months' expenditure. The trustees report no material uncertainties regarding the charity's ability to continue in operational existence for the foreseeable future. Its FY2025 accounts were independently examined.