SRINIVAS/ USHA CHARITABLE TRUST
During the year the organisation endeavoured to provide funds for such charitable causes that would further the objects of the purposes for which the charity was set up.Grants were made directly to support various causes that assist childrens health and education and community centres that help the elderly.
Objects
THE TRUSTEES SHALL HOLD THE CAPITAL AND INCOME OF THE TRUST FUND UPON TRUST TO APPLY THE INCOME, AND ALL OR SUCH PART OR PARTS OF THE CAPITAL, AT SUCH TIME OR TIMES AND IN SUCH MANNER TO, OR FOR THE BENEFIT OF, SUCH EXCLUSIVELY CHARITABLE OBJECTS AND PURPOSES IN ANY PART OF THE WORLD AS THE TRUSTEES MAY IN THEIR DISCRETION THINK FIT.
Financial health, per its FY2025 accounts
The accounts state that the charity held unrestricted reserves of £32,104 at the end of the period. The trustees reported that they did not need to hold any reserves, believing that making donations to charitable causes was more beneficial. The independent examiner confirmed there were no concerns or matters requiring attention in the examination of the accounts.
What the accounts disclose
“The Trustees are of the opinion that they did not need to hold any reserves as they felt that making donations to worthwhile charitable causes was more beneficial to further the objects of the Foundation.”
Policies the charity declares
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Trustee conflicts of interest policy and procedures
Trustees
- Dr DORAISWAMY SRINIVAS
- USHA KUMAR
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £106k | £114k |
| 05/04/2024 | £183k | £180k |
| 05/04/2023 | £48k | £82k |
| 05/04/2022 | £123k | £77k |
| 05/04/2021 | £40k | £39k |
Common questions
Is SRINIVAS/ USHA CHARITABLE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity held unrestricted reserves of £32,104 at the end of the period. The trustees reported that they did not need to hold any reserves, believing that making donations to charitable causes was more beneficial. The independent examiner confirmed there were no concerns or matters requiring attention in the examination of the accounts. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| SAMJO LIMITED | 1 | £1.1m |
| MOLE CHARITABLE TRUST | 1 | £95k |
| BRUSHMILL LIMITED | 1 | £5k |
Charities like this
- THE CHAMPNISS CHARITABLE TRUST
- BRAMPTON CHARITABLE TRUST
- As-Siraj Trust
- THE E C SOSNOW CHARITABLE TRUST
- THE JEANNINE VASSILIOU CHARITABLE TRUST
- SHEMTOV CHARITABLE TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| SRINIVAS/ USHA CHARITABLE TRUST | £106k | — | 0 | below | — | no doubt |
| THE CHAMPNISS CHARITABLE TRUST | £149k | — | 0 | above | — | no doubt |
| BRAMPTON CHARITABLE TRUST | £101k | — | 0 | unclear | — | no doubt |
| As-Siraj Trust | £807k | — | 0 | unclear | — | no doubt |
| THE E C SOSNOW CHARITABLE TRUST | £115k | — | 0 | unclear | — | no doubt |
| THE JEANNINE VASSILIOU CHARITABLE TRUST | £115k | — | 0 | unclear | — | no doubt |