THE SOUTH ASIAN DECORATIVE ARTS AND CRAFTS COLLECTION TRUST
The objects of the charity are:- the advancement of education for the public benefit in the everyday arts and crafts and cultural items of South Asia and its neighbouring countries by establishing and maintaining a collection of such arts and crafts.
Financial health, per its FY2024 accounts
The charity holds unrestricted reserves of £2,376,280, which exceeds its stated policy target of maintaining sufficient reserves to cover expected expenditure for the following twelve months. The accounts were subject to an independent examination rather than a full audit, with the examiner reporting no material matters of concern. The charity demonstrates financial stability with a significant surplus in fund balances carried forward.
What the accounts disclose
“The trust has a policy of maintaining a level of reserves sufficient to generate income to cover expected expenditure for the following twelve months.”
Leadership, per the charity’s website
- Philip Millward — Founder and Trustee
- Jeannie Millward — Founder and Trustee
- Richard Everitt — Trustee, The SADACC Trust CIO
- Simon Kaner — Trustee, The SADACC Trust CIO
Funders the charity credits
- Country & Eastern
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/07/2025)
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £1.6m | £133k |
| 31/07/2024 | £291k | £91k |
| 31/07/2023 | £239k | £70k |
| 31/07/2022 | £345k | £83k |
| 31/07/2021 | £70k | £102k |
Common questions
Is THE SOUTH ASIAN DECORATIVE ARTS AND CRAFTS COLLECTION TRUST financially healthy?
Per its FY2024 accounts: The charity holds unrestricted reserves of £2,376,280, which exceeds its stated policy target of maintaining sufficient reserves to cover expected expenditure for the following twelve months. The accounts were subject to an independent examination rather than a full audit, with the examiner reporting no material matters of concern. The charity demonstrates financial stability with a significant surplus in fund balances carried forward. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE YOUTH ENDOWMENT FUND CHARITABLE TRUST | 1 | £543k |
| IMPETUS - THE PRIVATE EQUITY FOUNDATION | 1 | £111k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST NICHOLAS, TOOTING GRAVENEY | 1 | £17k |
| 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 |
Charities like this
- ART ASIA TRUST LIMITED
- SOUTH ASIAN ARTS-UK
- SOUTH ASIAN CONCERN CHARITABLE TRUST
- DARBAR ARTS CULTURE AND HERITAGE TRUST
- GO HELP ASIA TRUST
- ARTSWORK LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE SOUTH ASIAN DECORATIVE ARTS AND CRAFTS COLLECTION TRUST | £1.6m | — | 0 | unclear | — | no doubt |
| ART ASIA TRUST LIMITED | £277k | — | 0 | unclear | — | no doubt |
| SOUTH ASIAN ARTS-UK | £834k | — | 0 | unclear | — | no doubt |
| SOUTH ASIAN CONCERN CHARITABLE TRUST | £143k | — | 0 | unclear | — | noted |
| DARBAR ARTS CULTURE AND HERITAGE TRUST | £1.3m | — | 0 | above | — | no doubt |
| GO HELP ASIA TRUST | £265k | — | 0 | within | — | no doubt |