HINDU TAMIL CULTURAL ASSOCIATION (ENFIELD)
Establish nursery and Hindu religious and educational institutions for the benefit of the Hindu community; Raise funds, invite and receive contributions from person or persons by way of subscriptions and otherwise provided that the Trust shall not undertake trading activities in raising funds for the said objects;
Financial health, per its FY2024 accounts
The accounts state that the charity held unrestricted reserves of £3,600,222 at the end of the financial year, an increase from the previous year. The trustees consider the key measure of sustainability to be liquidity cover rather than surplus or deficit, and they are confident that cash reserves will continue to increase. The charity is reliant on donations to support ongoing operations and the repayment of bank loans secured against its properties.
What the accounts disclose
“The Trustees have confirmed that, after careful review of the reserves policy, the most appropriate measure of reserves for the Charity is by reference to the Charity's liquidity position.” — page 5
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- ANTHONIPILLAI KANTHARUBAN
- Jeevah Daniel Haran
- KANGASABAPATHY MATHISOODY
- Kabilan Ganeshamoorthy
- MR THAMPIPPILLAI MANMATHARAJAH
- NAVARATNAM SHANMUGANATHAN
- PONNIAH KAILAYAPATHIVAGAN
- SUNDARAMPILLAI SIVACHANDRAN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £1.2m | £1.1m |
| 31/12/2023 | £1.2m | £972k |
| 31/12/2022 | £920k | £739k |
| 31/12/2021 | £802k | £651k |
| 31/12/2020 | £777k | £610k |
Common questions
Is HINDU TAMIL CULTURAL ASSOCIATION (ENFIELD) financially healthy?
Per its FY2024 accounts: The accounts state that the charity held unrestricted reserves of £3,600,222 at the end of the financial year, an increase from the previous year. The trustees consider the key measure of sustainability to be liquidity cover rather than surplus or deficit, and they are confident that cash reserves will continue to increase. The charity is reliant on donations to support ongoing operations and the repayment of bank loans secured against its properties. Its FY2024 accounts were audited by Moore NHC Audit Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| WESTCOMBE FOUNDATION | 1 | £500 |
Charities like this
- WELLINGBOROUGH DISTRICT HINDU ASSOCIATION
- MILTON KEYNES HINDU ASSOCIATION
- SHREE SORATHIA PRAJAPATI COMMUNITY UK
- SWAMINARAYAN MANDIR VASNA SANSTHA
- THE BRAHMIN SOCIETY NORTH LONDON
- DEVOTIONAL ASSOCIATES OF YOGESHWAR
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| HINDU TAMIL CULTURAL ASSOCIATION (ENFIELD) | £1.2m | — | 0 | unclear | — | no doubt |
| WELLINGBOROUGH DISTRICT HINDU ASSOCIATION | £268k | — | 0 | unclear | — | no doubt |
| MILTON KEYNES HINDU ASSOCIATION | £169k | — | 0 | unclear | — | no doubt |
| SHREE SORATHIA PRAJAPATI COMMUNITY UK | £245k | — | 0 | above | — | no doubt |
| SWAMINARAYAN MANDIR VASNA SANSTHA | £1.1m | — | 0 | above | — | no doubt |
| THE BRAHMIN SOCIETY NORTH LONDON | £121k | — | 0 | above | — | no doubt |