THE SANITA MERALI TRUST
Financial health, per its FY2023 accounts
The accounts state that the charity ended the year with unrestricted reserves of £2,827,707, representing a surplus of £190,597. The trustees report that they have adequate resources to continue activities for the foreseeable future and are satisfied that the reserve balance is acceptable given the nature of revenue and grants. The charity holds significant investment property assets valued at £3,885,000, secured against substantial bank loans.
What the accounts disclose
“Throughout the year The Sanita Merali Trust continued to receive rental income at fairmarket value from Companies controlled by the Trustees Nimah, Farah and Murtaza Merali. The total rents received by The Sanita Merali Trust from Trustees and connected entities totaled £32,000.00” — page 16
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Farah Merali
- MURTAZA GULAMABBAS MERALI
- Nimah Merali
- Rachael Sarah Flintoft
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.0m | £310k |
| 31/03/2024 | £362k | £245k |
| 31/03/2023 | £374k | £183k |
| 31/03/2022 | £606k | £168k |
| 31/03/2021 | £354k | £183k |
Common questions
Is THE SANITA MERALI TRUST financially healthy?
The accounts state that the charity ended the year with unrestricted reserves of £2,827,707, representing a surplus of £190,597. The trustees report that they have adequate resources to continue activities for the foreseeable future and are satisfied that the reserve balance is acceptable given the nature of revenue and grants. The charity holds significant investment property assets valued at £3,885,000, secured against substantial bank loans. Its FY2023 accounts were audited by Johnson Walker.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| CBRE UK CHARITABLE TRUST | 2 | £1k |
| WARRANT OFFICERS' & SERGEANTS' MESS SCHOOL OF ELECTRICAL & MECHANICAL ENGINEERS | 1 | — |
| NNS FOUNDATION | 1 | £5.1m |
| DENISE COATES FOUNDATION | 1 | £1.3m |
| THE DORFMAN FOUNDATION | 1 | £917k |
| LADY GARDEN FOUNDATION | 1 | £581k |
| THE THOMPSON FAMILY CHARITABLE TRUST | 1 | £100k |
| KUSUMA TRUST UK | 1 | £91k |