ATMA VIGNANI DADA BHAGWAN FOUNDATION
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure of £272,774 for the year, resulting in a decrease in unrestricted reserves from £1,053,318 to £761,751. The trustees confirm that the charity has adequate resources to continue in operational existence for the foreseeable future, with no material uncertainties identified by the auditors regarding its ability to continue as a going concern.
What the accounts disclose
“The Trustees believe that it is necessary to hold such reserves to finance their ongoing planned expenditure and commitments as well as an adequate reserve for unforeseen contingencies.” — page 8
“Donations totaling £2,812 (2024: £7,312) were made by the Trustees in the year. No other related party transactions occurred in the year.” — page 23
Structured financials (annual return, FY ending 05/04/2024)
Trustees
- CHANDRAKANT MAKANJI MISTRY
- Dr DILIP SHANTILAL PATEL
- Dr SHOBHNA SURYAKUMAR PATEL
- HANSA BACHU PATEL
- PRAJAY VINODRAI SHAH
- Pranai Jitendra Karia
- RAMESHCHANDRA BHULABHAI PATEL
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £204k | £466k |
| 05/04/2024 | £855k | £1.0m |
| 05/04/2023 | £615k | £509k |
| 05/04/2022 | £533k | £732k |
| 05/04/2021 | £1.0m | £410k |
Common questions
Is ATMA VIGNANI DADA BHAGWAN FOUNDATION financially healthy?
The accounts state that the charity reported a net expenditure of £272,774 for the year, resulting in a decrease in unrestricted reserves from £1,053,318 to £761,751. The trustees confirm that the charity has adequate resources to continue in operational existence for the foreseeable future, with no material uncertainties identified by the auditors regarding its ability to continue as a going concern. Its FY2025 accounts were audited by ZMS Solutions Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| YESHIVAS BEIS DOVID | 1 | £208k |
| DEBMAR BENEVOLENT TRUST LIMITED | 1 | £190k |
| BEIS MENACHEM CHABAD LUBAVITCH | 1 | £102k |
| YESHIVAS LUBAVITCH MANCHESTER | 1 | £20k |
| ENFIELD LIONS CLUB (CIO) | 1 | £6k |
| BETTENHURST CHARITY LIMITED | 1 | £0 |