THE PARASAKTHY HINDU (SAIVA) TEMPLE TRUST UK
THE PARASAKTHY HINDU (SAIVA) TEMPLE TRUST UK is established for charitable purposes only for the public benefit.To advance the Hindu religion for the public benefit by providing a temple for daily prayers and poojas where devotees can come to pray and perform various rites and rituals;
Financial health, per its FY2025 accounts
The accounts state that the charity generated total income of £1,063,048 against expenditure of £556,810, resulting in a net surplus for the period. Total funds increased to £3,325,483, though free unrestricted reserves were minimal at £3,374, with the majority of assets held in restricted funds tied to property development. The charity reports being financially stable and self-sustaining, supported by income from services, rentals, and donations.
What the accounts disclose
“Unrestricted funds at the year end amounted to £3,374, representing the charity’s free reserves. The trustees aim to maintain sufficient free reserves to meet short-term operational needs and provide a buffer against fluctuations in income.” — page 4
“The trustees recognise that the charity’s governance framework requires further development to reflect its growth and increasing level of activity. In particular, improvements are required in relation to trustee engagement, formalisation of decision-making processes, documentation of policies and procedures, and strengthening of internal controls.” — page 5
Property (HM Land Registry)
Structured financials (annual return, FY ending 30/06/2025)
Trustees
- Dr THAVA GANAN VIMALAN SRITHARAN
- Dr kanagasingam tharmaseelan
- GAJARUBAN RAGUNATHAN
- Rajasingam Kunasingam
- VINAYAKA MOORTHY MAJURAN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £1.1m | £557k |
| 31/12/2023 | £792k | £206k |
| 31/12/2022 | £1.3m | £149k |
| 30/09/2021 | £0 | £5k |
| 30/09/2020 | £0 | £6k |
Common questions
Is THE PARASAKTHY HINDU (SAIVA) TEMPLE TRUST UK financially healthy?
Per its FY2025 accounts: The accounts state that the charity generated total income of £1,063,048 against expenditure of £556,810, resulting in a net surplus for the period. Total funds increased to £3,325,483, though free unrestricted reserves were minimal at £3,374, with the majority of assets held in restricted funds tied to property development. The charity reports being financially stable and self-sustaining, supported by income from services, rentals, and donations. Its FY2025 accounts were audited by KHI Albury Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| WESTCOMBE FOUNDATION | 1 | £500 |
Charities like this
- SHREE KUTCH SATSANG SWAMINARAYAN TEMPLE - SOUTH EAST LONDON
- THE HINDU TEMPLE TRUST
- WELLINGBOROUGH DISTRICT HINDU ASSOCIATION
- SHREE KUTCH SATSANG SWAMINARAYAN TEMPLE (EAST LONDON)
- SHREE SORATHIA PRAJAPATI COMMUNITY UK
- RAJ KAUSHAL GITA BHAWAN HINDU TEMPLE MANCHESTER
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE PARASAKTHY HINDU (SAIVA) TEMPLE TRUST UK | £1.1m | — | 0 | below | — | no doubt |
| SHREE KUTCH SATSANG SWAMINARAYAN TEMPLE - SOUTH EAST LONDON | £387k | — | 0 | above | — | no doubt |
| THE HINDU TEMPLE TRUST | £577k | — | 0 | unclear | — | no doubt |
| WELLINGBOROUGH DISTRICT HINDU ASSOCIATION | £268k | — | 0 | unclear | — | no doubt |
| SHREE KUTCH SATSANG SWAMINARAYAN TEMPLE (EAST LONDON) | £416k | — | 0 | above | — | no doubt |
| SHREE SORATHIA PRAJAPATI COMMUNITY UK | £245k | — | 0 | above | — | no doubt |