NILKANTH ESTATES
Rental income derived from investment properties.
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.
What the accounts disclose
“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
“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
“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
Corporate structure
- Registered company of the charity Companies House 08154119
Company officers (Companies House)
- RAMPARIA, Ghanshyam on trustee list
- KARA, Sanjay Jayendra on trustee list
- PATEL, Girish on trustee list
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Ghanshyam Ramparia
- Girish Punambhai Patel
- Sanjay Jayendra Kara
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| SARJUDAS FOUNDATION | FY2024 | £3.0m | Charitable donation |
| SARJUDAS FOUNDATION | FY2022 | £0 | Nilkanth Foundation made a charitable donation of £Nil |