NANAK NAAM
Everyday Nanak Naam transforms thousands of lives through the revolutionary mindfulness wisdom of Guru Nanak's spirituality (Gurmat), empowering people to apply the practices to their lifestyle. We do this through online video, social media, literature, public speaking event, courses and meet-up group. Based in the UK we provide online education resources for the public benefit all over the world.
Objects
FOR THE PUBLIC BENEFIT THE ADVANCEMENT OF THE SIKH RELIGION, PRIMARILY BUT NOT EXCLUSIVELY, IN PARTICULAR THE ANCIENT PRACTICE OF MEDITATION.
Financial health, per its FY2024 accounts
The accounts state that the charity held unrestricted reserves of £664,344 at the end of the year, representing a net income surplus of £210,139. The trustees report that capital expenditure was kept low and the charity relies on individual donors and online revenue streams. There are no disclosed material uncertainties or policy targets regarding reserves.
What the accounts disclose
“Donations and legacies 399,584”
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints 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
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Register events
- Received assets from another charity (11/07/2022)
Trustees
- GURDEV SINGH BANSAL
- Jaspal Singh Sagoo Comm.Mem.
- RAJBIR SINGH MUDHAR
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £418k | £207k |
| 31/12/2023 | £304k | £265k |
| 31/12/2022 | £289k | £186k |
| 31/12/2021 | £297k | £179k |
| 31/12/2020 | £249k | £102k |
Common questions
Is NANAK NAAM financially healthy?
Per its FY2024 accounts: The accounts state that the charity held unrestricted reserves of £664,344 at the end of the year, representing a net income surplus of £210,139. The trustees report that capital expenditure was kept low and the charity relies on individual donors and online revenue streams. There are no disclosed material uncertainties or policy targets regarding reserves. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| GURU NANAK NISHKAM SEWAK JATHA LONDON UK | 1 | £0 |
Charities like this
- THE GURU NANAK NISHKAM SEWAK JATHA (BIRMINGHAM) UK
- GURDWARA NANAK SAR, GURU NANAK SIKH ORGANISATION
- GURU NANAK NISHKAM SEWAK JATHA LONDON UK
- GURU NANAK NISHKAM EDUCATION TRUST
- GURU NANAK NISHKAM SEWAK JATHA (LEEDS) UK
- NANAKSAR SATSANG SABHA
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| NANAK NAAM | £418k | — | 0 | unclear | — | no doubt |
| THE GURU NANAK NISHKAM SEWAK JATHA (BIRMINGHAM) UK | £4.4m | — | 0 | unclear | — | no doubt |
| GURDWARA NANAK SAR, GURU NANAK SIKH ORGANISATION | £344k | — | 0 | above | — | no doubt |
| GURU NANAK NISHKAM SEWAK JATHA LONDON UK | £655k | — | 0 | unclear | — | no doubt |
| GURU NANAK NISHKAM EDUCATION TRUST | £1.4m | — | 0 | unclear | — | no doubt |
| GURU NANAK NISHKAM SEWAK JATHA (LEEDS) UK | £763k | — | 0 | unclear | — | no doubt |