OSHWAL ELDERLY WELFARE ASSOCIATION CIO
to relieve isolation, sickness and poor health among elderly people of Indian origin, where such needs arise as a result of their age, (1) arranging social and leisure activities;(2) providing activities, services and facilities designed to meet their welfare needs; and(3) providing information about other organisations which provide such activities, services and facilities.
Objects
THE OBJECTS OF THE CIO ARE, FOR THE PUBLIC BENEFIT, TO RELIEVE ISOLATION, SICKNESS AND POOR HEALTH AMONG ELDERLY PEOPLE OF INDIAN ORIGIN, WHERE SUCH NEEDS ARISE AS A RESULT OF THEIR AGE, IN PARTICULAR BUT NOT EXCLUSIVELY BY: (1) ARRANGING SOCIAL AND LEISURE ACTIVITIES; (2) PROVIDING ACTIVITIES, SERVICES AND FACILITIES DESIGNED TO MEET THEIR WELFARE NEEDS; AND (3) PROVIDING INFORMATION ABOUT OTHER ORGANISATIONS WHICH PROVIDE SUCH ACTIVITIES, SERVICES AND FACILITIES.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £531,397, which the trustees describe as a 'large reserve' that is regularly monitored to ensure adequate free reserves are available. The charity reported a net incoming resource of £34,269 for the year, with total income of £92,948 and total expenditure of £58,679. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue.
What the accounts disclose
“The trustees together with the treasurer are aware that OEWA CIO is holding a large reserve and regularly monitor the situation for any unenvisaged event and ensure that there are adequate free reserves available for the general purpose of OEWA CIO.”
“To cover the expenses incurred in running the charity and organising the trips the committee agreed that Binaben S. Shah and Vasantiben D. Shah could utilise the complimentary tickets. The trustees received no other reimbursement of expenses or remuneration”
Policies the charity declares
- Complaints handling
- 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
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Register events
- Received assets from another charity (09/06/2015)
Trustees
- BINA SHAHchair
- DINESH SHAH
- Jayantilal Shah
- Manjulaben Karia
- Urmila Shah
- Uttamchand Shah
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £93k | £59k |
| 31/12/2024 | £108k | £48k |
| 31/12/2023 | £59k | £32k |
| 31/12/2022 | £16k | £12k |
| 31/12/2021 | £10k | £3k |
Common questions
Is OSHWAL ELDERLY WELFARE ASSOCIATION CIO financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £531,397, which the trustees describe as a 'large reserve' that is regularly monitored to ensure adequate free reserves are available. The charity reported a net incoming resource of £34,269 for the year, with total income of £92,948 and total expenditure of £58,679. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue. Its FY2025 accounts were independently examined.