THE KAMINI AND VINDI BANGA FAMILY TRUST
The primary area of focus is cancer research
Financial health, per its FY2025 accounts
The accounts state that the charity holds free reserves (expendable endowment) of £12,059,567, which the trustees consider sufficient to maintain future grant-making levels. The independent auditor confirmed that the use of the going concern basis is appropriate and identified no material uncertainties regarding the charity's ability to continue operations.
What the accounts disclose
“The trustees aim to maintain the endowment fund at a level to provide a sufficient capital base to generate an income level sufficient to maintain the level of grant making planned in the future.” — page 4
“During the year Mr M Banga made donations of £3,000,000 including Gift Aid to the charity (2024 - £1,187,500 including Gift Aid)” — page 18
Structured financials (annual return, FY ending 05/04/2025)
Trustees
- Kamini Banga
- Lord Jitesh Gadhia
- MANVINDER BANGA
- Professor Roy Malcolm Anderson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £3.1m | £254k |
| 05/04/2024 | £1.2m | £181k |
| 05/04/2023 | £1.2m | £173k |
| 05/04/2022 | £1.3m | £317k |
| 05/04/2021 | £230k | £165k |
Common questions
Is THE KAMINI AND VINDI BANGA FAMILY TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds free reserves (expendable endowment) of £12,059,567, which the trustees consider sufficient to maintain future grant-making levels. The independent auditor confirmed that the use of the going concern basis is appropriate and identified no material uncertainties regarding the charity's ability to continue operations. Its FY2025 accounts were audited by Bourner Bullock.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ASSOCIATION OF NHS CHARITIES | 1 | £544k |
| MOISHE AND ESTHER ITZINGER FOUNDATION LIMITED | 1 | £5k |
| THE LAUFFER FAMILY CHARITABLE TRUST | 1 | £5k |
Charities like this
- The Family Trust
- THE CANCER TREATMENT AND RESEARCH TRUST CIO
- THE KIP AND ALISON BERTRAM CHARITABLE TRUST
- VELINDRE UNIVERSITY NHS TRUST CHARITY
- BROOME FAMILY CHARITABLE TRUST
- THE FAMILY RICH CHARITIES TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE KAMINI AND VINDI BANGA FAMILY TRUST | £3.1m | — | 0 | above | — | no doubt |
| The Family Trust | £4.8m | — | 0 | unclear | — | no doubt |
| THE CANCER TREATMENT AND RESEARCH TRUST CIO | £502k | — | 0 | above | — | no doubt |
| THE KIP AND ALISON BERTRAM CHARITABLE TRUST | £128k | — | 0 | above | — | no doubt |
| VELINDRE UNIVERSITY NHS TRUST CHARITY | £4.4m | — | 0 | above | — | no doubt |
| BROOME FAMILY CHARITABLE TRUST | £900k | — | 0 | unclear | — | no doubt |