THE CHANDRAJ FOUNDATION
The object of the CIO is to advance such charitable purposes ( according to the law of England and Wales) as the trustees see fit from time to time.
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £887,720 at the end of the year, with cash reserves deemed adequate to support current activities. The charity reported a net incoming resource of £53,941 for the period, driven primarily by voluntary income of £28,500 and bank interest. No material risks or uncertainties regarding the charity's continuation were identified by the trustees.
What the accounts disclose
“During the year, Trustee Mr R.L. Shah donated £8500 to the Charity.” — page 12
Trustees
- RASIKLAL SHAH ACAchair
- KISHORILAL SHAH
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £68k | £14k |
| 31/12/2023 | £78k | £32k |
| 31/12/2022 | £35k | £23k |
| 31/12/2021 | £34k | £12k |
| 31/12/2020 | £248k | £20k |
Common questions
Is THE CHANDRAJ FOUNDATION financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves stood at £887,720 at the end of the year, with cash reserves deemed adequate to support current activities. The charity reported a net incoming resource of £53,941 for the period, driven primarily by voluntary income of £28,500 and bank interest. No material risks or uncertainties regarding the charity's continuation were identified by the trustees. Its FY2024 accounts were independently examined.