THE LOHANA MAHAJAN (UK) TRUST
Financial health, per its FY2022 accounts
The accounts state that unrestricted reserves stood at £1,437,234, an increase from the previous year's £1,357,824. The charity reports no material deficits and holds funds in bank accounts with no long-term investments. The trustees' report indicates the charity is meeting most of its objectives, though it notes it has not achieved its sports and leisure facilities objective.
What the accounts disclose
“Charity's policy is to hold enough funds to meet operating costs and to enhance community activities and programmes.” — page 13
“Relationship with any related parties NCGO (National Congress of Gujarati Organisations), Mahatma Gandhi Foundation (UK), International Siddhashram Shakti Centre and other religious institutions.”
Trustees
- DHIREN GADHIA
- GIRISH MASHRU
- MAHENDRA GOKANI
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £462k | £414k |
| 31/12/2023 | £348k | £378k |
| 31/12/2022 | £350k | £271k |
| 31/12/2021 | £179k | £233k |
| 31/12/2020 | £164k | £244k |
Common questions
Is THE LOHANA MAHAJAN (UK) TRUST financially healthy?
The accounts state that unrestricted reserves stood at £1,437,234, an increase from the previous year's £1,357,824. The charity reports no material deficits and holds funds in bank accounts with no long-term investments. The trustees' report indicates the charity is meeting most of its objectives, though it notes it has not achieved its sports and leisure facilities objective. Its FY2022 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| WESTCOMBE FOUNDATION | 1 | £500 |