KLSA CHARITABLE TRUST
General charitable activities
Financial health, per its FY2024 accounts
The accounts state that total unrestricted funds increased to £249,757 at the end of the year, which the trustees consider equivalent to between three and six months of expenditure. The charity reported a net income of £32,219 for the year, funded by £122,500 in donations and Gift Aid. The independent examiner confirmed that no material matters came to their attention regarding the financial statements.
What the accounts disclose
“During the year the Trust received general donations and Gift Aid of £122,500 (2023: £167,500).” — page 6
“The Charity maintains unrestricted funds which have not been designated for a specific use at a level equivalent to between three and six month’s expenditure.” — page 6
“The charitable trust received donations of £90,000 (2023 — £130,000) from the partners of KLSA LLP. KLSA LLP is related by virtue of common members & trustees.” — page 13
Trustees
- Harsheel Jayandra Kumar J Dodhia
- KETAN DIPCHAND SHAH
- SHILPA CHHEDA
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £123k | £32k |
| 31/12/2023 | £168k | £120k |
| 31/12/2022 | £85k | £42k |
| 31/12/2021 | £50k | £49k |
| 31/12/2020 | £102k | £49k |
Common questions
Is KLSA CHARITABLE TRUST financially healthy?
Per its FY2024 accounts: The accounts state that total unrestricted funds increased to £249,757 at the end of the year, which the trustees consider equivalent to between three and six months of expenditure. The charity reported a net income of £32,219 for the year, funded by £122,500 in donations and Gift Aid. The independent examiner confirmed that no material matters came to their attention regarding the financial statements. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE JD FOUNDATION | 1 | £561k |
| BEIS MENACHEM CHABAD LUBAVITCH | 1 | £183k |
| DILLHAVEN LIMITED | 1 | £92k |
| YESHIVAS LUBAVITCH MANCHESTER | 1 | £20k |
| J & J CHARITABLE TRUST LIMITED | 1 | £17k |
| THE ALBERT GUBAY CHARITABLE FOUNDATION | 1 | £12k |
| KTRUST LIMITED | 1 | £12k |
| DUCHY OF LANCASTER BENEVOLENT FUND | 1 | £5k |
Charities like this
- R M SALES CHARITABLE TRUST
- 1692
- YAD VEACHISOMOCH L'CHAIM
- H M SASSOON CHARITABLE TRUST
- T & S TRUST FUND
- As-Siraj Trust
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| KLSA CHARITABLE TRUST | £123k | — | 0 | within | — | no doubt |
| R M SALES CHARITABLE TRUST | £0 | — | 0 | unclear | — | no doubt |
| 1692 | £462k | — | 0 | within | — | no doubt |
| YAD VEACHISOMOCH L'CHAIM | £834k | — | 0 | unclear | — | no doubt |
| H M SASSOON CHARITABLE TRUST | £124k | — | 0 | unclear | — | no doubt |
| T & S TRUST FUND | £334k | — | 0 | above | — | no doubt |