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SHREE SWAMINARAYAN MANDIR BHUJ

Registered charity 1171929 · accounts filings on the Charity Commission register

Latest income
£1.5m
Latest spending
£1.3m
Registered
2017
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net deficit of £1,251,316 for the year ended 31 March 2024, a significant reversal from the previous year's surplus. Total reserves decreased to £9,303,290, with unrestricted funds standing at £9,303,290. The trustees confirm the charity is a going concern with no material uncertainties identified.

What the accounts disclose

Reserves policy: unrestricted funds are built to meet and fulfil the interest free loan obligations, further facilitate the purchase of the land and buildings for all of the Charity's objectives and deliver positive Charitable outcomes (held: £9.3m)
“It is the policy of the charity that unrestricted funds are built to meet and fulfil the interest free loan obligations, further facilitate the purchase of the land and buildings for all of the Charity's objectives and deliver positive Charitable outcomes.” — page 4
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Donation to parent org
“During the year a donation of £270,201 (2023: £387,462) was made to Shree Swaminarayan Mandir in Bhuj, India.” — page 23
“The charity awarded a grant to its 100% owned subsidiary Mahaprasad Ltd £2,000,000.” — page 23
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Grant to subsidiary
“During the year a donation of £270,201 (2023: £387,462) was made to Shree Swaminarayan Mandir in Bhuj, India.” — page 23
“The charity awarded a grant to its 100% owned subsidiary Mahaprasad Ltd £2,000,000.” — page 23
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Loan from sister org
“During the year a donation of £270,201 (2023: £387,462) was made to Shree Swaminarayan Mandir in Bhuj, India.” — page 23
“The charity awarded a grant to its 100% owned subsidiary Mahaprasad Ltd £2,000,000.” — page 23
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Donations from trustees
“During the year a donation of £270,201 (2023: £387,462) was made to Shree Swaminarayan Mandir in Bhuj, India.” — page 23
“The charity awarded a grant to its 100% owned subsidiary Mahaprasad Ltd £2,000,000.” — page 23
Per its FY2024 accounts as filed with the Charity Commission.
Trading subsidiary: Mahaprasad Ltd
“The charity is the sole shareholder of the following Limited Companies registered in the United Kingdom: i) Mahaprasad Ltd (Company Limited by Shares)” — page 4
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Parker Cavendish.

Structured financials (annual return, FY ending 31/03/2025)

Total income
£1.5m
Total spending
£1.3m
Reserves (reported)
£10.7m
Employees
0

Reported reserves equal ~95.6 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Abu Dhabi · Akrotiri · Albania · Algeria · Andorra · Angola · Armenia · Australia · Austria · Azerbaijan · Belarus · Belgium

Income and spending

Financial year endIncomeSpending
31/03/2025£1.5m£1.3m
31/03/2024£1.2m£2.5m
31/03/2023£2.8m£809k
31/03/2022£2.5m£175k
31/03/2021£3.5m£272k

Common questions

Is SHREE SWAMINARAYAN MANDIR BHUJ financially healthy?

The accounts state that the charity reported a net deficit of £1,251,316 for the year ended 31 March 2024, a significant reversal from the previous year's surplus. Total reserves decreased to £9,303,290, with unrestricted funds standing at £9,303,290. The trustees confirm the charity is a going concern with no material uncertainties identified. Its FY2024 accounts were audited by Parker Cavendish.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
EDWARD HARVIST (ALSO KNOWN AS THE HARVIST ESTATE)1£2k

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