THE CHELLARAM FOUNDATION
Financial health, per its FY2023 accounts
The accounts state that unrestricted reserves increased significantly to £5,817,262, supported by a large donation of £5,000,000 received during the year. The trustees report that the charity holds reserves in liquid securities and cash deposits, and the independent auditors confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
Structured financials (annual return, FY ending 05/04/2025)
Trustees
- LAL LOKUMAL CHELLARAMchair
- Carole Cook
- LCF Trust Limited
- SANKARASUBRAMANIAN SANKARA NARYANAN
- SHOBHNA LAL CHELLARAM
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £5.6m | £2.4m |
| 05/04/2024 | £5.0m | £4.3m |
| 05/04/2023 | £5.1m | £463k |
| 05/04/2022 | £800k | £333k |
| 05/04/2021 | £198k | £238k |
Common questions
Is THE CHELLARAM FOUNDATION financially healthy?
The accounts state that unrestricted reserves increased significantly to £5,817,262, supported by a large donation of £5,000,000 received during the year. The trustees report that the charity holds reserves in liquid securities and cash deposits, and the independent auditors confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2023 accounts were audited by Azets Audit Services.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| JEREMY COLLER FOUNDATION | 1 | £230k |
| THE REISNER CHARITABLE FOUNDATION LTD | 1 | £5k |