RISHI'S VISION
Financial health, per its FY2024 accounts
The accounts state that the charity generated a net loss of £55,409 for the year, resulting in a decrease in total net assets from £560,350 to £504,941. Despite this deficit, unrestricted reserves remain at £504,941, which the trustees consider adequate to sustain activities for the foreseeable future. The financial statements were subject to an independent examination rather than a full audit.
What the accounts disclose
“The trustees aim to maintain adequate reserves to ensure adequate working capital to sustain the activities of the charity for the foreseeable future.” — page 5
Trustees
- USHA DEVI PARMARchair
- Bharatkumar Nanubhai Naik
- Dr Jaswinder Singh Gill
- Dr Richa Kulshrestha
- MARGARET MAVI
- SURESHKUMAR VALLABHBHAI PATEL
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/05/2025 | £103k | £116k |
| 31/05/2024 | £80k | £135k |
| 31/05/2023 | £108k | £30k |
| 31/05/2022 | £49k | £60k |
| 31/05/2021 | £52k | £99k |
Common questions
Is RISHI'S VISION financially healthy?
The accounts state that the charity generated a net loss of £55,409 for the year, resulting in a decrease in total net assets from £560,350 to £504,941. Despite this deficit, unrestricted reserves remain at £504,941, which the trustees consider adequate to sustain activities for the foreseeable future. The financial statements were subject to an independent examination rather than a full audit. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| FRIENDS OF BOYAN TRUST | 1 | £143k |
| BRUSHMILL LIMITED | 1 | £12k |
| GERSON BERGER ASSOCIATION LIMITED | 1 | £10k |