THE DESAI FAMILY CHARITY TRUST
The charity makes grants to educational institutions and community projects. It sponsors students pursuing higher education and provides educational tools to the schools. It has purchased land for the construction of a new school and provided finance for the construction of a 300 seater hall for a school assembly.
Objects
THE TRUSTEES SHALL HOLD THE TRUST FUND AND ITS INCOME UPON TRUST TO APPLY THEM FOR THE FOLLOWING OBJECTS (THE OBJECTS) IN INDIA (THE AREA OF BENEFIT)1) TO ADVANCE EDUCATION AND;2) TO FURTHER SUCH OTHER CHARITABLE PURPOSES AS THE TRUSTEES MAY DECIDE
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure of £8,208 for the year, reducing its unrestricted funds from £55,394 to £47,186. The trustees consider these reserves adequate and note that no formal reserves policy is required as grants are made only from available funds. The charity is confirmed as a going concern with a healthy net asset position.
What the accounts disclose
“The Charity had total income for the year of £133,598 (2024: £83,286) comprising of £130,926 (2024: £82,751) from ‘donations and gift aid' and £2,672 (2024: £535) from investment income.” — page 2
“In view of the nature of the charity, the Trustees are satisfied that no formal level of reserves are required, as grants are only made when there are available funds, and the charity does not have any liabilities to make grants.”
Policies the charity declares
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Risk management
- Safeguarding vulnerable beneficiaries
- Trustee conflicts of interest policy and procedures
Trustees
- Dr Anil Laxmirant Desai
- Dr Shaila Desai
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £134k | £142k |
| 31/03/2024 | £83k | £66k |
| 31/03/2023 | £22k | £12k |
| 31/03/2022 | £21k | £29k |
| 31/03/2021 | £39 | £11k |
Common questions
Is THE DESAI FAMILY CHARITY TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net expenditure of £8,208 for the year, reducing its unrestricted funds from £55,394 to £47,186. The trustees consider these reserves adequate and note that no formal reserves policy is required as grants are made only from available funds. The charity is confirmed as a going concern with a healthy net asset position. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| SF FOUNDATION | 1 | £445k |
| MATER ECCLESIAE CIO | 1 | £190k |
| FRIENDS OF WMSBG-KOLEL DAMESEK ELIEZER | 1 | £181k |
| GERSON BERGER ASSOCIATION LIMITED | 1 | £180k |
| WISEHEIGHTS LIMITED | 1 | £115k |
| SHULEM B. ASSOCIATION LIMITED | 1 | £105k |
| OLLINGHAM LIMITED | 1 | £100k |
| Y G S YESHIVA GEDOLA SEMINAR | 1 | £59k |
Charities like this
- GREENFIELDS EDUCATIONAL TRUST
- THE MATLIWALA FAMILY CHARITABLE TRUST
- OHOLEI YOSEF YITZCHOK LUBAVITCH SCHOOLS
- ST MARY'S EDUCATIONAL AND CHARITABLE TRUST
- EDHEC CHARITABLE TRUST
- YETEV LEV LONDON JERUSALEM TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE DESAI FAMILY CHARITY TRUST | £134k | — | 0 | unclear | — | no doubt |
| GREENFIELDS EDUCATIONAL TRUST | £1.3m | — | — | below | — | noted |
| THE MATLIWALA FAMILY CHARITABLE TRUST | £1.4m | — | 0 | above | — | no doubt |
| OHOLEI YOSEF YITZCHOK LUBAVITCH SCHOOLS | £294k | — | 0 | unclear | — | no doubt |
| ST MARY'S EDUCATIONAL AND CHARITABLE TRUST | £214k | — | 0 | unclear | — | no doubt |
| EDHEC CHARITABLE TRUST | £260k | — | 0 | unclear | 1.4% | no doubt |