THE BISWAS FOUNDATION
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net deficit for the year of £3,129,089, primarily driven by a £6,862,000 revaluation deficit on freehold investment properties, partially offset by fair value gains on stock market investments. Per the trustees' report, the charity holds unrestricted funds of £25,343,705 and maintains a property portfolio generating rental income, with the directors confirming no material uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
Corporate structure
- Registered company of the charity Companies House 06687075
Structured financials (annual return, FY ending 30/09/2024)
Trustees
- Dr NALINAKSHA BISWASchair
- ANU BISWAS
- PARTHA SARATHI BISWAS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/09/2025 | — | — |
| 30/09/2024 | £1.4m | £1.3m |
| 30/09/2023 | £1.4m | £733k |
| 30/09/2022 | £1.2m | £944k |
| 30/09/2021 | £1.1m | £837k |
Common questions
Is THE BISWAS FOUNDATION financially healthy?
The accounts state that the charity reported a net deficit for the year of £3,129,089, primarily driven by a £6,862,000 revaluation deficit on freehold investment properties, partially offset by fair value gains on stock market investments. Per the trustees' report, the charity holds unrestricted funds of £25,343,705 and maintains a property portfolio generating rental income, with the directors confirming no material uncertainties regarding its ability to continue as a going concern. Its FY2024 accounts were audited by Adam & Co Accountancy.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE NEIGHBOURLY FOUNDATION | 1 | £1.6m |
| DAVID LISTER CHARITABLE TRUST | 1 | £7k |
| ROYAL DEVON UNIVERSITY HEALTHCARE NHS FOUNDATION TRUST CHARITY | 1 | £5k |
| HABITAT FOR HUMANITY GREAT BRITAIN | 1 | £4k |
| Indigent Welfare and Education Trust | 1 | £4k |