SHREE LOHANA MAHAJAN LEICESTER CIO
The object of the CIO are shall generally be for the benefit of the Lohana community in Leicestershire and the benefit of the public in such ways that are exclusively charitable according to the law of England and Wales in the United Kingdom and worldwide. The advancement of the Hindu Religion for the benefit of the public. The relief of poverty or financial hardship in Leicestershire.
Objects
THE ADVANCEMENT OF THE HINDU RELIGION FOR THE BENEFIT OF THE PUBLIC;TO ADVANCE THE EDUCATION OF THE PUBLIC IN HINDU TRADITIONS, HISTORY, LANGUAGE, LITERATURE AND MUSIC;THE RELIEF OF POVERTY OR FINANCIAL HARDSHIP IN LEICESTERSHIRE BY PROVIDING: FOOD, ITEMS AND SERVICES TO INDIVIDUALS IN NEED.
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £174,780, which is below the stated policy target of approximately six months of unrestricted expenditure. The charity reported a net incoming resource of £49,847 for the year, with total funds increasing to £192,374. The trustees note that future activities are subject to obtaining satisfactory funding arrangements.
What the accounts disclose
“The charity plans continuing its charitable activities in the ensuing years subject to obtaining satisfactory funding arrangements.” — page 4
“Shree Lohana Mahajan Leicester CIO rented the entire building including all equipment, fixtures and fittings from The Leicester Mahajan Trust, an associated charity, at a peppercorn rent of £1 per annum.” — page 13
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
Trustees
- PRAKASH BHOJANIchair
- AVNI LAKHANI
- Harishchandra Karia
- Kantilal Manji Somani
- MAHESHBHAI GHEEWALA
- NITI MAHESH GHEEWALA
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £247k | £264k |
| 31/12/2024 | £289k | £244k |
| 31/12/2023 | £233k | £169k |
| 31/12/2022 | £173k | £152k |
| 31/12/2021 | £121k | £129k |
Common questions
Is SHREE LOHANA MAHAJAN LEICESTER CIO financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves stood at £174,780, which is below the stated policy target of approximately six months of unrestricted expenditure. The charity reported a net incoming resource of £49,847 for the year, with total funds increasing to £192,374. The trustees note that future activities are subject to obtaining satisfactory funding arrangements. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST AIDANS SOUTHCOATES | 1 | £7k |
Charities like this
- THE LOHANA MAHAJAN (UK) TRUST
- LOHANA CHARITABLE FOUNDATION LTD
- PROGRAMME FOR APPLIED CHRISTIAN EDUCATION
- WLJM
- THE RAMP
- THE LAWSON TRUST CIO
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| SHREE LOHANA MAHAJAN LEICESTER CIO | £247k | — | 0 | unclear | — | noted |
| THE LOHANA MAHAJAN (UK) TRUST | £462k | — | 0 | unclear | — | no doubt |
| LOHANA CHARITABLE FOUNDATION LTD | £115k | — | 0 | above | — | no doubt |
| PROGRAMME FOR APPLIED CHRISTIAN EDUCATION | £169k | — | 0 | above | — | no doubt |
| WLJM | £446k | — | 0 | below | — | noted |
| THE RAMP | £678k | Under £60,000 | 0 | within | — | no doubt |