THE KAYS FOUNDATION
Financial health, per its FY2023 accounts
The accounts state that the charity held total net assets of £31,089,024 for the year ended 5 April 2023, a decrease from £34,282,478 in the previous year. The organization maintains a bank loan liability of £4,042,612 and holds unrestricted corporate revenue reserves of £3,142,352. No specific reserves policy target or fundraising cost ratios are disclosed in the provided statement of financial position.
What the accounts disclose
Structured financials (annual return, FY ending 05/04/2025)
Trustees
- PANKAJ NATWARLAL NATHWANIchair
- Khilen Nathwani
- MANISH GUDKA
- MANSUKHLAL GOSAR GUDKA
- MITAJ NATWARLAL NATHWANI
- SEJAL MANISH KANANI
- TOM KABUGA
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £1.1m | £1.5m |
| 05/04/2024 | £1.2m | £1.3m |
| 05/04/2023 | £1.1m | £1.2m |
| 05/04/2022 | £2.2m | £1.0m |
| 05/04/2021 | £1.8m | £1.0m |
Common questions
Is THE KAYS FOUNDATION financially healthy?
The accounts state that the charity held total net assets of £31,089,024 for the year ended 5 April 2023, a decrease from £34,282,478 in the previous year. The organization maintains a bank loan liability of £4,042,612 and holds unrestricted corporate revenue reserves of £3,142,352. No specific reserves policy target or fundraising cost ratios are disclosed in the provided statement of financial position.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ZOUQ FOUNDATION | 1 | — |
| SABEEL FOUNDATION | 1 | £424k |
| EPSOM AND EWELL ISLAMIC SOCIETY | 1 | £52k |
| THE DAKRI CHARITABLE TRUST | 1 | £4k |
| Indigent Welfare and Education Trust | 1 | £2k |
| THE CMA WELFARE TRUST | 1 | £2k |