The Serendipity Foundation Limited
Financial health, per its FY2022 accounts
The accounts state that the charity reported a net income surplus of £77,484 for the year ended 30 September 2022, bringing total free reserves to £160,251. This reserve level is above the trustees' stated policy target of maintaining at least £63,000 to cover administrative expenditure for 12 months. The financial statements were subject to independent examination rather than audit, with no material uncertainties or going concern issues identified.
What the accounts disclose
“The charity maintains reserves of at least 63, 000 which the trustees consider is sufficient to cover the charity's administrative expenditure for a period of at least 12 months.” — page 4
Trustees
- PROMILA SEHGALchair
- ANIL KUMAR VEDHARA
- ASHOK KUMAR VEDHARA
- YAH PAUL VEDHARA
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/09/2025 | £101k | £28k |
| 30/09/2024 | £51k | £68k |
| 30/09/2023 | £28k | £122k |
| 30/09/2022 | £101k | £24k |
| 30/09/2021 | £101k | £43k |
Common questions
Is The Serendipity Foundation Limited financially healthy?
The accounts state that the charity reported a net income surplus of £77,484 for the year ended 30 September 2022, bringing total free reserves to £160,251. This reserve level is above the trustees' stated policy target of maintaining at least £63,000 to cover administrative expenditure for 12 months. The financial statements were subject to independent examination rather than audit, with no material uncertainties or going concern issues identified. Its FY2022 accounts were independently examined.