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.
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.”
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 |
| GERSON BERGER ASSOCIATION LIMITED | 1 | £130k |
| OLLINGHAM LIMITED | 1 | £100k |
| FRIENDS OF WMSBG-KOLEL DAMESEK ELIEZER | 1 | £100k |
| SHULEM B. ASSOCIATION LIMITED | 1 | £75k |
| WISEHEIGHTS LIMITED | 1 | £65k |
| Y G S YESHIVA GEDOLA SEMINAR | 1 | £59k |
| MATER ECCLESIAE CIO | 1 | £50k |
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 | — | 0 | 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 | 0.9% | no doubt |