RATANBEN ZAVERCHAND KARA FOUNDATION
Grant making in pursuance of objects
Financial health, per its FY2025 accounts
The accounts state that unrestricted funds totalled £2,582,031 at the year end, representing a net increase from the previous year. The trustees confirm that the level of reserves has been maintained throughout the year to support current activities and the continuation of the Trust's objectives. The trustees have adopted the going concern basis, expressing reasonable expectation that the Trust has adequate resources to continue in operational existence.
What the accounts disclose
“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 to support current activities and continuation of the provision of the Trust's objectives while consideration is given to ways in which additional funds may be raised.” — page 3
“During the year, RZK Foundation received donations of £40,900 (2024: £47,500) from a company in which the Trustees are the directors. Included in debtors is an amount of £90,000 due from a company in which the Trustees are the directors.” — page 14
Property (HM Land Registry)
Trustees
- SURESH DEVJI SHAHchair
- ANJANA SURESH SHAH
- Diva Karuna SHAH GOHIL
- KARUNA SHAH
- MR ARVINDRUMAR DEVJI SHAH
- REMY SHAH
- Ravi SHAH
- SAILESH SHAH
- SAILESH SHAH
- Shiv Amar SHAH
- TARABEN ARVINDKUMAR SHAH
- VANITA MANSUKHLAL SHAH
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/04/2025 | £162k | £59k |
| 30/04/2024 | £143k | £83k |
| 30/04/2023 | £107k | £74k |
| 30/04/2022 | £106k | £113k |
| 30/04/2021 | £74k | £109k |
Common questions
Is RATANBEN ZAVERCHAND KARA FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted funds totalled £2,582,031 at the year end, representing a net increase from the previous year. The trustees confirm that the level of reserves has been maintained throughout the year to support current activities and the continuation of the Trust's objectives. The trustees have adopted the going concern basis, expressing reasonable expectation that the Trust has adequate resources to continue in operational existence. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| MAYFAIR CHARITIES LIMITED | 1 | £21k |
Charities like this
- THE ZOCHONIS CHARITABLE TRUST
- BRITISH FRIENDS OF THE CHAZON ISH INSTITUTIONS
- ROYAL ENGINEERS CENTRAL CHARITABLE TRUST
- THE RUBIN FOUNDATION CHARITABLE TRUST
- THE HARDY FOUNDATION
- THE GRANT FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| RATANBEN ZAVERCHAND KARA FOUNDATION | £162k | — | 0 | above | — | no doubt |
| THE ZOCHONIS CHARITABLE TRUST | £2.3m | — | 0 | above | — | no doubt |
| BRITISH FRIENDS OF THE CHAZON ISH INSTITUTIONS | £110k | — | 0 | unclear | — | no doubt |
| ROYAL ENGINEERS CENTRAL CHARITABLE TRUST | £1.5m | — | 0 | unclear | — | no doubt |
| THE RUBIN FOUNDATION CHARITABLE TRUST | £205k | — | 0 | unclear | — | no doubt |
| THE HARDY FOUNDATION | £2.8m | — | 0 | unclear | — | no doubt |