GO HELP ASIA TRUST
Advancement of education and the provision of social and recreational welfare facilities to the local community in Southall and the surrounding areas.
Financial health, per its FY2025 accounts
The accounts state that total funds increased to £3,935,108, with unrestricted general funds rising to £862,536. The trustees report that reserves are maintained at a level equivalent to between three and six months of expenditure, which they consider sufficient to continue activities in the event of a significant drop in funding. The charity holds significant fixed assets and has secured bank loans against its freehold property.
What the accounts disclose
“During the year, the Trust continued to enhance the property in order to ensure that further facilities become available for a Community Centre to be provided for the local community and to this extent received donations of £366,507 (2023: £360,589).” — page 3
“It is the policy of the Trust that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six months expenditure.” — page 3
“Included within other debtors is an amount of £1,486,985 (2024: £1,351,311) due from the group undertakings. These amounts are unsecured, interest free and repayable on demand. Included within other creditors is an amount of £699,200 (2024: £654,326) due to the group undertakings. This amount is unsecured, interest free and payable on demand.” — page 14
Trustees
- BALJIT SINGH MALHI
- INDERJEET KAUR MALHI
- MR GURMAIL SINGH MALHI
- PARAMJIT KAUR MALHI
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £265k | £161k |
| 31/03/2024 | £378k | £148k |
| 31/03/2023 | £363k | £115k |
| 31/03/2022 | £278k | £96k |
| 31/03/2021 | £42k | £56k |
Common questions
Is GO HELP ASIA TRUST financially healthy?
Per its FY2025 accounts: The accounts state that total funds increased to £3,935,108, with unrestricted general funds rising to £862,536. The trustees report that reserves are maintained at a level equivalent to between three and six months of expenditure, which they consider sufficient to continue activities in the event of a significant drop in funding. The charity holds significant fixed assets and has secured bank loans against its freehold property. Its FY2025 accounts were independently examined.