MIMANSA FOUNDATION TRUST
- Financial support was provided to the local charitable organisations to help the people with limited financial resources. - Support poor people with no or very little financial resources to support themselves and their families - To provide fees for students coming from poor background.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net surplus of £108,078 for the year ended 31 October 2024, with total unrestricted funds carried forward amounting to £122,100. The trustees consider the charity to be a going concern and note that it maintains adequate cash reserves to pay for current liabilities.
What the accounts disclose
“The charity has adopted a policy of maintaining adequate cash reserves to pay for any current liabilities.” — page 4
Trustees
- BBS4TAX LIMITED - Accountant
- Dr Chetan Valji Maru
- Jagrutee Patel
- Meeta Chetan Maru
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/10/2025 | £153k | £216k |
| 31/10/2024 | £183k | £75k |
| 31/10/2023 | £198k | £189k |
| 01/11/2022 | £71k | £101k |
| 01/11/2021 | £40k | £53k |
Common questions
Is MIMANSA FOUNDATION TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net surplus of £108,078 for the year ended 31 October 2024, with total unrestricted funds carried forward amounting to £122,100. The trustees consider the charity to be a going concern and note that it maintains adequate cash reserves to pay for current liabilities. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE BROTHERS TRUST | 1 | £25k |
| SISTERS OF THE HOLY CROSS CIO | 1 | £20k |
| CHARLES PLATER TRUST | 1 | £5k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MILDRED'S, LEE, DIOCESE OF SOUTHWARK | 1 | £3k |
| THE HISCOX FOUNDATION | 1 | £580 |
Charities like this
- HA MEEM FOUNDATION
- IMDAADUL MISKEEN
- LIMAGO FOUNDATION
- MERRIMAN CHARITABLE FOUNDATION
- THE MIZEN FOUNDATION
- LONDON INTERNATIONAL MODEL UNITED NATIONS FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| MIMANSA FOUNDATION TRUST | £153k | — | 0 | unclear | — | no doubt |
| HA MEEM FOUNDATION | £496k | — | 0 | below | — | no doubt |
| IMDAADUL MISKEEN | £161k | — | 0 | unclear | — | no doubt |
| LIMAGO FOUNDATION | £455k | — | 0 | unclear | — | noted |
| MERRIMAN CHARITABLE FOUNDATION | £251k | — | 0 | unclear | — | no doubt |
| THE MIZEN FOUNDATION | £101k | — | 0 | above | — | no doubt |