THE KANTA FOUNDATION
Financial health, per its FY2023 accounts
The accounts state that unrestricted reserves stood at £1,655,357 at the end of the reporting period, an increase from the prior year's £1,430,916. The charity reported total income of £260,000 against charitable expenditure of £224,441 and fundraising costs of £35,559, resulting in a net surplus for the year. The trustees confirmed that the charity is a going concern with no material uncertainties identified.
What the accounts disclose
Structured financials (annual return, FY ending 30/04/2024)
Trustees
- BHASKER TAILOR
- JAWAHAR CHATWANI
- RAJINDER BANGA
- RASHMI CHATWANI
- SATISH CHATWANI
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/04/2025 | £168k | £95k |
| 30/04/2024 | £909k | £128k |
| 30/04/2023 | £260k | £36k |
| 30/04/2022 | £101k | £10k |
| 30/04/2021 | £177 | £53k |
Common questions
Is THE KANTA FOUNDATION financially healthy?
The accounts state that unrestricted reserves stood at £1,655,357 at the end of the reporting period, an increase from the prior year's £1,430,916. The charity reported total income of £260,000 against charitable expenditure of £224,441 and fundraising costs of £35,559, resulting in a net surplus for the year. The trustees confirmed that the charity is a going concern with no material uncertainties identified. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE JD FOUNDATION | 1 | £561k |
| DEBMAR BENEVOLENT TRUST LIMITED | 1 | £190k |
| BEIS MENACHEM CHABAD LUBAVITCH | 1 | £102k |
| YESHIVAS LUBAVITCH MANCHESTER | 1 | £20k |