NILKANTH ESTATES

Registered charity 1148431 · accounts filings on the Charity Commission register

Rental income derived from investment properties.

Causes: Accommodation/housing · Religious Activities · Get email alerts

Latest income
£4.8m
Latest spending
£4.2m
Registered
2012
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the group holds unrestricted reserves of £99.5 million, which are in excess of the trustees' stated policy target of £1.2 million. The group is debt-free and generated a net loss of £885,369 for the year, primarily due to a £1.57 million revaluation loss on fixed assets, while maintaining adequate resources to continue in operational existence.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Related-party transaction: Grant paid to Sarjudas Foundation
“During the year the Charity paid grant of £2.2m to the Sarjudas Foundation, in furtherance of the charitable objects of Nilkanth Estates.” — page 10
“The charity paid grant to Brandon House Limited by way of a property transfer. Net book value amounting to £3.442m, was transferred to Brandon House Limited from Nilkanth Estates.” — page 31
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Grant paid to Brandon House Limited (property transfer)
“During the year the Charity paid grant of £2.2m to the Sarjudas Foundation, in furtherance of the charitable objects of Nilkanth Estates.” — page 10
“The charity paid grant to Brandon House Limited by way of a property transfer. Net book value amounting to £3.442m, was transferred to Brandon House Limited from Nilkanth Estates.” — page 31
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Rental income from director-connected company
“During the year the Charity paid grant of £2.2m to the Sarjudas Foundation, in furtherance of the charitable objects of Nilkanth Estates.” — page 10
“The charity paid grant to Brandon House Limited by way of a property transfer. Net book value amounting to £3.442m, was transferred to Brandon House Limited from Nilkanth Estates.” — page 31
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by MHA. Discloses 3 of 6 completeness components.

Corporate structure

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

Official officers record.

Property (HM Land Registry)

111 registered titles in England and Wales held by the charity’s company or corporate body (109 freehold); recorded price paid £22.9m. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Structured financials (annual return, FY ending 31/12/2024)

Total income
£4.8m
Total spending
£4.2m
Cost of raising funds
£728k
Reserves (reported)
£1.0m
Employees
0

Reported reserves equal ~2.9 months of spending — below the median for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (63% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 15.1% of total income — above the median for charities its size (5.2%) (benchmarks).

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout England

Income and spending

Financial year endIncomeSpending
31/12/2024£4.8m£4.2m
31/12/2023£1.6m£1.5m
31/12/2022£9.9m£1.6m
31/12/2021£2.0m£1.3m
31/12/2020£2.1m£1.2m

Common questions

Is NILKANTH ESTATES financially healthy?

Per its FY2024 accounts: The accounts state that the group holds unrestricted reserves of £99.5 million, which are in excess of the trustees' stated policy target of £1.2 million. The group is debt-free and generated a net loss of £885,369 for the year, primarily due to a £1.57 million revaluation loss on fixed assets, while maintaining adequate resources to continue in operational existence. Its FY2024 accounts were audited by MHA.

Who funds NILKANTH ESTATES?

Funders whose own accounts filings name NILKANTH ESTATES as a grant recipient include SARJUDAS FOUNDATION.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
SARJUDAS FOUNDATIONFY2024£3.0mCharitable donation
SARJUDAS FOUNDATIONFY2022£0Nilkanth Foundation made a charitable donation of £Nil