THE VENKATRAMAN MEMORIAL TRUST
The Trust provides and improves educational facilities for the children and young people in Kovalam, South India. This includes the construction of a Higher Secondary School and improvement of the Primary School. It arranges sponsorship of 300 of the poorest children who have the opportunity to progress to further education. At any time there are 75 at university or in vocational training.
Financial health, per its FY2025 accounts
The accounts state that total funds increased to £312,675 as of 31 March 2025, up from £228,416 in the prior year, driven by a net income of £84,259. The charity holds unrestricted reserves of £38,749, which the trustees consider adequate to meet its objectives without material uncertainty regarding its ability to continue as a going concern.
What the accounts disclose
Trustees
- LINDSAY KEIR SWANchair
- Emma-Jane Newton Holder
- Francesca Knight Bigwood
- Helen Margaret Bathe
- John Whelan
- Natalie Lee
- SYLVIA JEAN HOLDER
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £313k | £228k |
| 31/03/2024 | £204k | £148k |
| 31/03/2023 | £213k | £207k |
| 31/03/2022 | £208k | £257k |
| 31/03/2021 | £151k | £114k |
Common questions
Is THE VENKATRAMAN MEMORIAL TRUST financially healthy?
Per its FY2025 accounts: The accounts state that total funds increased to £312,675 as of 31 March 2025, up from £228,416 in the prior year, driven by a net income of £84,259. The charity holds unrestricted reserves of £38,749, which the trustees consider adequate to meet its objectives without material uncertainty regarding its ability to continue as a going concern. Its FY2025 accounts were independently examined.
Who funds THE VENKATRAMAN MEMORIAL TRUST?
Funders whose own accounts filings name THE VENKATRAMAN MEMORIAL TRUST as a grant recipient include INTO GIVING LIMITED.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| INTO GIVING LIMITED | FY2021 | £6k | girls' education and COVID-19 relief |
| INTO GIVING LIMITED | FY2022 | £5k | sponsor girls from a poor, rural fishing village to go on to higher education in India |
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Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE VENKATRAMAN MEMORIAL TRUST | £313k | — | 0 | unclear | — | no doubt |
| THE VENIK TRUST | £938k | — | 0 | unclear | — | no doubt |
| N AND R KARNANI TRUST | £1.3m | — | 0 | above | — | no doubt |
| VALAN SOCIAL WELFARE TRUST | £759k | — | 0 | unclear | — | no doubt |
| Ufi VocTech Trust | £828k | — | — | unclear | — | no doubt |
| THE VALLADOLID TRUST FUND | £307k | — | 0 | unclear | — | no doubt |