SRI SELVA VINAYAGAR TEMPLE
Advancement of the Hindu religion for the benefit of the public in the London Borough of Redbridge . To encourage the organisation of educational and cultural events based both at the Temple and in the vicinity generally
Financial health, per its FY2025 accounts
The accounts state that the charity recorded a net surplus of £26,322 for the year ended 31 March 2025, resulting in free reserves of £242,005. The trustees consider these reserves adequate to cover contractual commitments and working capital needs. The financial position is described as securing the immediate future of the charity for the next 12 to 18 months.
What the accounts disclose
“The charity's principal source of funding is donations from devotees.” — page 4
“The Trustees consider it prudent to maintain an adequate level of unrestricted reserves to cover the Charity’s contractual commitments and provide sufficient working capital and to accumulate funds towards the costs of achieving future objectives of the Charity” — page 4
Trustees
- SHARMILA MURALITHARANchair
- SENATHIRAJAH KANDIAH SHARVASWARAN
- SRIMILA SRIHARI LLB
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £397k | £371k |
| 31/03/2024 | £398k | £338k |
| 31/03/2023 | £298k | £284k |
| 31/03/2022 | £358k | £295k |
| 31/03/2021 | £245k | £176k |
Common questions
Is SRI SELVA VINAYAGAR TEMPLE financially healthy?
Per its FY2025 accounts: The accounts state that the charity recorded a net surplus of £26,322 for the year ended 31 March 2025, resulting in free reserves of £242,005. The trustees consider these reserves adequate to cover contractual commitments and working capital needs. The financial position is described as securing the immediate future of the charity for the next 12 to 18 months. Its FY2025 accounts were independently examined.