Palan Foundation

Registered charity 1155152 · accounts filings on the Charity Commission register · also known as GOLDEN TOURS FOUNDATION

EDUCATIONAL ACTIVITY

Objects

TO PROMOTE EDUCATION (INCLUDING SOCIAL AND PHYSICAL TRAINING) OF YOUNG PEOPLE IN SUCH WAYS AS THE COMPANY TRUSTEES THINK FIT, INCLUDING BY:1. TO ADVANCE THE EDUCATION OF CHILDREN AND YOUNG PEOPLE IN SUCH WAYS AS THE TRUSTEES THINK FIT, INCLUDING BY AWARDING SCHOLARSHIPS, MAINTENANCE ALLOWANCES OR GRANTS.2. TO ADVANCE IN LIFE AND HELP YOUNG PEOPLE THROUGH:(A) THE PROVISION OF RECREATIONAL AND LEISURE TIME ACTIVITIES PROVIDED IN THE INTEREST OF SOCIAL WELFARE, DESIGNED TO IMPROVE THEIR CONDITIONS OF LIFE;(B) PROVIDING SUPPORT AND ACTIVITIES WHICH DEVELOP THEIR SKILLS, CAPACITIES AND CAPABILITIES TO ENABLE THEM TO PARTICIPATE IN SOCIETY AS MATURE AND RESPONSIBLE INDIVIDUALS.3. To advance the understanding of the Hindu faith for the public benefit, by the provision of grants to Hindu organisations established for the advancement of religion, interfaith activities, education, and social and community matters and in particular but not exclusively, BAPS Shri Swaminarayan Mandir.

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Education/training · The Prevention Or Relief Of Poverty · Recreation · website · Get email alerts

Financial health, per its FY2025 accounts

The accounts state that the charity held unrestricted reserves of £375,502 at the end of the financial year, a decrease from £612,986 in the prior year. The trustees report a net expenditure of £237,484 and note that the current reserves will meet the interim target set by them. The trustees also state there are no material uncertainties regarding the charity's ability to continue as a going concern.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

• Bullying and harassment policy and procedures
• Campaigns and political activity policy and procedures
• Complaints policy and procedures
• Conflicting interests
• Engaging external speakers at charity events policy and procedures
• Financial reserves policy and procedures
• Internal charity financial controls policy and procedures
• Internal risk management policy and procedures
• Investing charity funds policy and procedures
• Investment
• Paying staff
• Risk management
• Safeguarding policy and procedures
• Safeguarding vulnerable beneficiaries
• Serious incident reporting policy and procedures
• Social media policy and procedures
• Trustee conflicts of interest policy and procedures
• Trustee expenses policy and procedures

Corporate structure

• Registered company of the charity Companies House 07491521 · Financial health read from its filings

Funders the charity credits

Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).

• Heritage Lottery Fund — “In partnership with the Heritage Lottery Fund, a whole host of work was carried out including exhibitions, events, workshops and a web porta…” (source page)
• Golden Tours Foundation — “The original project was funded by the Heritage Lottery Fund and Golden Tours Foundation (now known as Palan Foundation.” (source page)

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

• VASHI, Malay — director, appointed 04/02/2015on trustee list
• PALAN, Kamu — director, appointed 01/03/2013on trustee list
• PALAN, Mikesh — director, appointed 01/03/2013on trustee list
• PALAN, Millie, Ms. — director, appointed 01/03/2013not on trustee list
• PALAN, Nitin — director, appointed 13/01/2011not on trustee list
• PALAN, Kamu — secretary, appointed 13/01/2011

Official officers record.

Property (HM Land Registry)

2 registered titles in England and Wales held by the charity’s company or corporate body (2 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Public profiles (found on the charity’s own website): facebook

Structured financials (annual return, FY ending 31/01/2024)

Per its annual return, largest income source: Donations and legacies (92% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income.

Trustees · trustee networks

• NITIN PALAN MBAchair
• KAMU PALAN
• MIKESH PALAN
• MILLIE PARI
• Malay Vashi

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

Operates in: India

Income and spending

Common questions

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).