COVENTRY SHRI SIDHI VINAYAGAR DEVASTHANAM
Financial health, per its FY2024 accounts
The accounts state that unrestricted funds increased to £364,821, up from £299,992 in the prior year, driven by a net incoming resource of £64,829 against total resources expended of £211,107. The charity holds tangible fixed assets valued at £536,258 and carries a long-term loan liability of £247,475, resulting in net assets of £364,821. The trustees report indicates the temple faced challenges with anticipated renovations but noted substantially increased receipts from devotees.
What the accounts disclose
Trustees
- Appathurai Suntharesan
- Balasubramaniam Kumarathas
- Kandiah SELVARATNAM
- PERANANTHAM SELLATHAMBY
- Palipody Sachchithananthan
- Subramaniam Kirupaharan
- Thambipillai Kajenthiran
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £409k | £186k |
| 31/03/2024 | £276k | £211k |
| 31/03/2023 | £222k | £203k |
| 31/03/2022 | £184k | £150k |
| 31/03/2021 | £119k | £104k |
Common questions
Is COVENTRY SHRI SIDHI VINAYAGAR DEVASTHANAM financially healthy?
The accounts state that unrestricted funds increased to £364,821, up from £299,992 in the prior year, driven by a net incoming resource of £64,829 against total resources expended of £211,107. The charity holds tangible fixed assets valued at £536,258 and carries a long-term loan liability of £247,475, resulting in net assets of £364,821. The trustees report indicates the temple faced challenges with anticipated renovations but noted substantially increased receipts from devotees. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| WESTCOMBE FOUNDATION | 1 | £500 |