OM SARAVANABHAVA SEVA TRUST
To promote the education for the public benefit of people under the age of 25 years in South East Asia including South India and Sri Lanka;To relieve financial hardships (generally or individually), sickness and preserve the health of people living in South East Asia including South India and Sri Lanka;To promote educational and religious activities globally including UK and Europe.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £2,022,600, with a net income surplus of £4,652 for the year. However, the trustees report a material uncertainty regarding the charity's ability to continue as a going concern, citing a significant reduction in income and a net current asset deficit. The charity's continued operation is described as dependent on the successful implementation of cost control measures and securing alternative funding.
What the accounts disclose
“The Trustees are of the view that with minimum annual income of £250,000, maintaining unrestricted reserves of at least £25,000 will provide sufficient resources in the event of adverse conditions.” — page 4
“Nevertheless, the trustees acknowledge that a material uncertainty exists due to the ongoing reduction in income and the current net current asset deficit. While steps are being taken to address these challenges, the charity's continued ability to operate as a going concern is dependent on the successful implementation of these measures. Accordingly, the financial statements have been prepared on a going concern basis, but this material uncertainty may cast significant doubt on the charity's ability to continue as a going concern beyond the foreseeable future.” — page 13
Corporate structure
- Registered company of the charity Companies House 07629043
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/05/2024)
Trustees
- THEIVATHEESWARY SELVENDRANchair
- ASHU MEHTA
- Bahava Tharini Subramaniam
- Dr Amlan Roy
- Ponnuthurai Aingaran
- SINDUGEN SELVALINGAM
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/05/2025 | £279k | £275k |
| 31/05/2024 | £561k | £655k |
| 31/05/2023 | £2.1m | £854k |
| 31/05/2022 | £1.3m | £876k |
| 31/05/2021 | £1.1m | £682k |
Common questions
Is OM SARAVANABHAVA SEVA TRUST financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £2,022,600, with a net income surplus of £4,652 for the year. However, the trustees report a material uncertainty regarding the charity's ability to continue as a going concern, citing a significant reduction in income and a net current asset deficit. The charity's continued operation is described as dependent on the successful implementation of cost control measures and securing alternative funding. Its FY2025 accounts were independently examined.
Who funds OM SARAVANABHAVA SEVA TRUST?
Funders whose own accounts filings name OM SARAVANABHAVA SEVA TRUST as a grant recipient include GNANAM FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| GNANAM FOUNDATION | FY2023 | £33k |