SITPON GUJARAT WELFARE TRUST
The charity will operate primarily but not exclusively in India to relieve poverty, sickness and distress.The charity will promote good health and advance education among those in need of assistance by such charitable means for the public benefit as the trustees see fit.To help in India through provision of recreational, social and welfare activities designrd to improve their conditions of life.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net incoming resource of £21,364 for the year ended 31 March 2024, compared to a net outgoing resource of £11,726 in the previous year. Per the balance sheet, unrestricted reserves increased to £25,595, supported by cash at bank of £25,966. The trustees confirm that systems are in place to manage risks and maintain sufficient funds to carry out activities.
What the accounts disclose
“The trustees aim to ensure that sufficient funds are maintained to enable the company to carry out its activities.” — page 3
Trustees
- ABDURRUZZAK IBRAHIM PATEL
- BASHIR ADAM
- ILYAS YUSUF VALLI
- ISMAIL MOHMED MATARIYA
- SAEED AHMED MOOSA BUNGLAWALA
- YAKUB ALI CHHOTA
- imran yakub banglawala
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £131k | £109k |
| 31/03/2024 | £131k | £109k |
| 31/03/2023 | £106k | £118k |
| 31/03/2022 | £119k | £126k |
| 31/03/2021 | £127k | £125k |
Common questions
Is SITPON GUJARAT WELFARE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net incoming resource of £21,364 for the year ended 31 March 2024, compared to a net outgoing resource of £11,726 in the previous year. Per the balance sheet, unrestricted reserves increased to £25,595, supported by cash at bank of £25,966. The trustees confirm that systems are in place to manage risks and maintain sufficient funds to carry out activities. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE HINDUJA FOUNDATION | 1 | £3k |
| MAJI PATEL FOUNDATION | 1 | £0 |
Charities like this
- THE INDIAN GYMKHANA CLUB TRUST 2004
- THE MATLIWALA FAMILY CHARITABLE TRUST
- PAKEEZA TRUST
- SHREE SATTAVIS GAM PATIDAR SAMAJ (EUROPE)
- INDIA WELFARE SOCIETY
- THE SAVITRI WANEY CHARITABLE TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| SITPON GUJARAT WELFARE TRUST | £131k | — | 0 | above | — | no doubt |
| THE INDIAN GYMKHANA CLUB TRUST 2004 | £236k | — | 0 | unclear | — | no doubt |
| THE MATLIWALA FAMILY CHARITABLE TRUST | £1.4m | — | 0 | above | — | no doubt |
| PAKEEZA TRUST | £193k | — | 0 | unclear | — | no doubt |
| SHREE SATTAVIS GAM PATIDAR SAMAJ (EUROPE) | £472k | — | 0 | above | — | noted |
| INDIA WELFARE SOCIETY | £814k | — | 0 | unclear | — | no doubt |