THE MULCHAND FOUNDATION
To make donations to charitable institutions, for general charitable purposes.
Objects
TO PROMOTE SUCH CHARITABLE PURPOSES AS THE TRUSTEES SHALL FROM TIME TO TIME DETERMINE, IN PARTICULAR THROUGH THE PROVISION OF GRANTS FOR CHARITABLE ACTIVITIES
Financial health, per its FY2026 accounts
The charity holds unrestricted reserves of £871,377, which the trustees intend to maintain as a surplus to protect against income shortfalls. This represents a significant increase from the previous year's £388,060, driven by a net income of £483,317. The accounts state there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“It is the intention of the trustees to endeavour to maintain a surplus balance on unrestricted funds, in order to protect the charity against the impact of shortfalls in earned income.” — page 4
“During the year the Foundation received donations totalling £750,192 (2025 : £500,000) from Laltex and Co Limited, a company of which Sanjay Mutchand and Rajan Mulchand are directors.” — page 10
“During the year the Foundation received donations totalling £7,152 (2025 : £3,003) from Sanjay Mutchand, a trustee of the charity” — page 10
“During the year the Foundation received donations totalling £750,192 (2025 : £500,000) from Laltex and Co Limited, a company of which Sanjay Mutchand and Rajan Mulchand are directors.” — page 10
“During the year the Foundation received donations totalling £7,152 (2025 : £3,003) from Sanjay Mutchand, a trustee of the charity” — page 10
“During the year the Foundation received donations totalling £750,192 (2025 : £500,000) from Laltex and Co Limited, a company of which Sanjay Mutchand and Rajan Mulchand are directors.” — page 10
“During the year the Foundation received donations totalling £7,152 (2025 : £3,003) from Sanjay Mutchand, a trustee of the charity” — page 10
“During the year the Foundation received donations totalling £750,192 (2025 : £500,000) from Laltex and Co Limited, a company of which Sanjay Mutchand and Rajan Mulchand are directors.” — page 10
“During the year the Foundation received donations totalling £7,152 (2025 : £3,003) from Sanjay Mutchand, a trustee of the charity” — page 10
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints handling
- Complaints policy and procedures
- Engaging external speakers at charity events 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
- Investment
- Risk management
- 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
Structured financials (annual return, FY ending 28/02/2026)
Trustees
- Rajan Jethanand Mulchand
- Sanjay Rajan Mulchand
- Venika Sanjay Mulchand
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 28/02/2026 | £792k | £309k |
| 28/02/2025 | £514k | £332k |
| 29/02/2024 | £270k | £299k |
| 28/02/2023 | £3k | £111k |
| 28/02/2022 | £257k | £121k |
Common questions
Is THE MULCHAND FOUNDATION financially healthy?
Per its FY2026 accounts: The charity holds unrestricted reserves of £871,377, which the trustees intend to maintain as a surplus to protect against income shortfalls. This represents a significant increase from the previous year's £388,060, driven by a net income of £483,317. The accounts state there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2026 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ALLAN AND NESTA FERGUSON CHARITABLE SETTLEMENT | 1 | £15k |
| THE PENCHANT FOUNDATION | 1 | £14k |
| THE ROZAC CHARITABLE TRUST | 1 | £12k |
| THE HUGH SYMONS CHARITABLE TRUST | 1 | £8k |
| THE PETER STEBBINGS MEMORIAL CHARITY | 1 | £8k |
| THE ARCHER TRUST | 1 | £7k |
| W F SOUTHALL TRUST | 1 | £6k |
| R G HILLS CHARITABLE TRUST | 1 | £3k |
Charities like this
- MUCKLOW CHARITABLE TRUST LIMITED
- MILLWARD CHARITABLE TRUST
- THE MACDONALD-BUCHANAN CHARITABLE TRUST
- M I CHARITABLE TRUST
- THE MAKHAD TRUST
- THE E M MACANDREW TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE MULCHAND FOUNDATION | £792k | — | 0 | above | — | no doubt |
| MUCKLOW CHARITABLE TRUST LIMITED | £1.6m | — | — | unclear | — | no doubt |
| MILLWARD CHARITABLE TRUST | £47k | — | 0 | unclear | — | no doubt |
| THE MACDONALD-BUCHANAN CHARITABLE TRUST | £108k | — | 0 | unclear | — | no doubt |
| M I CHARITABLE TRUST | £21k | — | 0 | unclear | — | no doubt |
| THE MAKHAD TRUST | £73k | — | 0 | above | — | no doubt |