THE BRITISH ASIAN TRUST
The British Asian Trust meets crucial needs in the poorest communities in South Asia and the UK. We invest in local, high impact charities that are making lasting differences to the lives of thousands of disadvantaged people. Together we work for the long-term change in the key areas of education, health and enterprise.
Financial health, per its FY2025 accounts
The accounts state that total income decreased to £12.5 million from £14.7 million in the prior year, resulting in a net expenditure of £2.9 million. Consequently, net assets fell to £6.3 million, with free reserves standing at £1.7 million against a stated target minimum of £1.5 million. The trustees note a projected small deficit in unrestricted funds for the coming year as the charity invests in strategic priorities and institutional capacity.
What the accounts disclose
“For 2025/2026, £1.5 million has been determined as the target minimum level of free reserves to be held”
“At the balance sheet date, £411,388 (2024: £nil) was owed from a company under common control.” — page 50
In the news
- Mahira Khan Meets King Charles at British Asian Trust Dinner
- King Charles celebrates Indian diaspora at British Asian Trust anniversary gala
- King attends London charity dinner as British Asian Trust raises £1m
- Mahira Khan meets King Charles at British Asian Trust gala in London
- His Majesty The King Celebrates British Asian Trust’s Life-Changing Impact at Annual Dinner - britishmuslim-magazine.com
- British Asian Trust Gala Raises Over £1 Million for Transformative Causes
- King’s support for British Asian Trust hailed as ‘very important’ after unrest
- His Majesty The King joins British Asian Trust charity event in London
Leadership, per the charity’s website
- Lord Jitesh Gadhia — Chair
- Hitan Mehta OBE — Chief Executive
Funders the charity credits
- UK Government
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- ASIF RANGOONWALA
- Aatif Hassan
- Dr Shenila Rawal
- Khatun Sapnara
- Lord Jitesh Kishorekumar Gadhia
- Shalni Arora
- Shonnel Malani
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £12.5m | £15.4m |
| 31/03/2024 | £14.7m | £16.1m |
| 31/03/2023 | £16.5m | £13.4m |
| 31/03/2022 | £21.7m | £15.2m |
| 31/03/2021 | £5.5m | £6.0m |
Common questions
Is THE BRITISH ASIAN TRUST financially healthy?
Per its FY2025 accounts: The accounts state that total income decreased to £12.5 million from £14.7 million in the prior year, resulting in a net expenditure of £2.9 million. Consequently, net assets fell to £6.3 million, with free reserves standing at £1.7 million against a stated target minimum of £1.5 million. The trustees note a projected small deficit in unrestricted funds for the coming year as the charity invests in strategic priorities and institutional capacity. Its FY2025 accounts were audited by Burgess Hodgson Audit Limited.
Who funds THE BRITISH ASIAN TRUST?
Funders whose own accounts filings name THE BRITISH ASIAN TRUST as a grant recipient include STANDARD CHARTERED FOUNDATION, Z V M RANGOONWALA FOUNDATION, THE SHANTA FOUNDATION, CRODA FOUNDATION, CARETECH CHARITABLE FOUNDATION.
Shared trustees with funders
- ASIF RANGOONWALA — trustee here and at Z V M RANGOONWALA FOUNDATION
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| STANDARD CHARTERED FOUNDATION | FY2024 | £60.0m | Futuremakers (General) |
| Z V M RANGOONWALA FOUNDATION | FY2023 | £625k | Mental health programme in Pakistan |
| THE SHANTA FOUNDATION | FY2022 | £500k | |
| CRODA FOUNDATION | FY2025 | £220k | Supporting Rajasthan’s Women Microenterprises to Thrive and Preventing Child Labour |
| CRODA FOUNDATION | FY2022 | £200k | work in strengthening the vaccine and healthcare infrastructure in rural India |
| CARETECH CHARITABLE FOUNDATION | FY2024 | £116k | Mental health and wellbeing for all in Pakistan |
| Z V M RANGOONWALA FOUNDATION | FY2022 | £100k | Education and Livelihoods |
| CARETECH CHARITABLE FOUNDATION | FY2022 | £100k | |
| John Lewis Partnership Foundation | FY2024 | £73k | Second payment for project in Jaipur, India |
| THE BESTWAY FOUNDATION | FY2024 | £70k | |
| THE T U U T CHARITABLE TRUST | FY2023 | £50k | Funding a 2-year project in 5 Bangladesh garment factories to improve mental health of the workforce. |
| THE RANDAL CHARITABLE FOUNDATION | FY2025 | £50k | Grant to institutions |
| HALCROW FOUNDATION | FY2022 | £50k | Innovative finance project, Pakistan |
| DAVID & RUTH LEWIS FAMILY CHARITABLE TRUST | FY2022 | £50k | General charitable funding |
| CARETECH CHARITABLE FOUNDATION | FY2023 | £50k | Mental health and wellbeing for all in Pakistan |
| THE T U U T CHARITABLE TRUST | FY2022 | £50k | Vaccination programme equipment in India |
| THE HINDUJA FOUNDATION | FY2021 | £48k | The relief of poverty, hunger and sickness |
| THE GOYAL FOUNDATION | FY2023 | £30k | |
| HALCROW FOUNDATION | FY2021 | £20k | 171 Women's Economic Empowerment |
| THE RANDAL CHARITABLE FOUNDATION | FY2022 | £15k | |
| THE RANDAL CHARITABLE FOUNDATION | FY2023 | £15k | |
| THE HINDUJA FOUNDATION | FY2022 | £15k | The relief of poverty, hunger and sickness |
| THE RANDAL CHARITABLE FOUNDATION | FY2024 | £15k | |
| THE KANTA FOUNDATION | FY2024 | £15k | |
| WESTCOMBE FOUNDATION | FY2024 | £15k | |
| THE O'SULLIVAN FAMILY CHARITABLE TRUST | FY2022 | £14k | |
| THE GOYAL FOUNDATION | FY2022 | £12k | |
| THE EARL FITZWILLIAM CHARITABLE TRUST | FY2022 | £5k | |
| THE O'SULLIVAN FAMILY CHARITABLE TRUST | FY2023 | £3k | |
| JOHN SWIRE 1989 CHARITABLE TRUST | FY2021 | £1k | |
| GOWLING WLG (UK) CHARITABLE TRUST | FY2022 | £1k | |
| SSP FOUNDATION | FY2022 | £1k | |
| THE HISCOX FOUNDATION | FY2022 | £1k | |
| GOWLING WLG (UK) CHARITABLE TRUST | FY2023 | £500 | |
| THE HINDUJA FOUNDATION | FY2024 | £200 | The relief of poverty, hunger and sickness |
| THE COSARAF CHARITABLE FOUNDATION | FY2022 | £0 | Funding for High-Flow Oxygen Concentrators for the India COVID-19 Crisis appeal (amount not explicitly stated in text) |
| THE HINDUJA FOUNDATION | FY2023 | £-15k | The relief of poverty, hunger and sickness |
| The ROSL Foundation | FY2021 | — | Not specified in individual list |
| STANDARD CHARTERED FOUNDATION | FY2021 | — | Education |
| STANDARD CHARTERED FOUNDATION | FY2022 | — |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST NICHOLAS, TOOTING GRAVENEY | 1 | £17k |
| ALTAJIR TRUST | 1 | £13k |
| SELSDON BAPTIST CHURCH | 1 | £7k |
| JEREMY ALEXANDER SETTLEMENT | 1 | £6k |
| CARSHALTON BEECHES BAPTIST FREE CHURCH | 1 | £4k |
| RAYNERS LANE BAPTIST CHURCH | 1 | £3k |
| CHILTERN CHURCH | 1 | £2k |
| WORLD HARVEST (UK) | 1 | £250 |
Charities like this
- SOUTH ASIAN CONCERN CHARITABLE TRUST
- GO HELP ASIA TRUST
- THE BRIDGE TRUST LTD
- BRITISH RECORD INDUSTRY TRUST
- BRITISH GAS ENERGY TRUST
- KASEN TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE BRITISH ASIAN TRUST | £12.5m | — | — | unclear | — | no doubt |
| SOUTH ASIAN CONCERN CHARITABLE TRUST | £143k | — | 0 | unclear | — | noted |
| GO HELP ASIA TRUST | £265k | — | 0 | within | — | no doubt |
| THE BRIDGE TRUST LTD | £223k | Under £60,000 | 0 | unclear | — | no doubt |
| BRITISH RECORD INDUSTRY TRUST | £1.5m | — | 0 | below | — | no doubt |
| BRITISH GAS ENERGY TRUST | £15.8m | — | — | unclear | — | no doubt |