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YMCA INDIAN STUDENT HOSTEL

Registered charity 1154246 · accounts filings on the Charity Commission register

THE MAIN ACTIVITY OF THE CHARITY IS TO PROVIDE A HOSTEL FOR STUDENTS WHO HAVE COME TO UK TO PURSUE THEIR STUDIES.

Causes: Accommodation/housing · website · Get email alerts

Latest income
£2.7m
Latest spending
£2.8m
Registered
2013
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the group reported a record high operating profit of £558,704 and total unrestricted funds of £4,222,316 as of March 31, 2023. The trustees confirmed that the group has adequate resources to continue in operational existence for the foreseeable future with no material uncertainties regarding going concern.

Automated summary of the FY2023 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Trading activities (56% of income)
“Total income 2,555,745” — page 14
Per its FY2023 accounts as filed with the Charity Commission.
Reserves policy: maintain £500,000 as a reserve fund for emergencies, another £500,000 allocated by the Board, and funds over £1,000,000 for expansion (held: £4.2m)
“The Trustees have passed a resolution to maintain £500,000 as a reserve fund for emergencies. Another £500,000 will be kept aside and allocated by the Board of Trustees based on the needs & demands of the organisation. Any funds over and above £1,000,000 will be kept aside for expansion projects of the Charity in the UK.” — page 7
Per its FY2023 accounts as filed with the Charity Commission.

Accounts audited by MHA. Discloses 5 of 6 completeness components.

Property (HM Land Registry)

3 registered titlesin England and Wales held by the charity’s company or corporate body (3 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Structured financials (annual return, FY ending 31/03/2025)

Total income
£2.7m
Total spending
£2.8m
Reserves (reported)
£4.5m
Employees
35

Reported reserves equal ~19.4 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Trustees · trustee networks

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

Operates in: Throughout London

Income and spending

Financial year endIncomeSpending
31/03/2025£2.7m£2.8m
31/03/2024£2.8m£2.5m
31/03/2023£2.6m£2.2m
31/03/2022£1.6m£1.8m
31/03/2021£894k£1.5m

Common questions

Is YMCA INDIAN STUDENT HOSTEL financially healthy?

Per its FY2023 accounts: The accounts state that the group reported a record high operating profit of £558,704 and total unrestricted funds of £4,222,316 as of March 31, 2023. The trustees confirmed that the group has adequate resources to continue in operational existence for the foreseeable future with no material uncertainties regarding going concern. Its FY2023 accounts were audited by MHA.