THE MULCHAND FOUNDATION

Registered charity 1181826 · accounts filings on the Charity Commission register

To make donations to charitable institutions, for general charitable purposes.

Causes: General Charitable Purposes · Grant history (this charity is a funder) · Get email alerts

Latest income

£514k

Latest spending

£332k

Registered

2019

Accounts read

FY2025

Financial health, per its FY2025 accounts

The Mulchand Foundation reported unrestricted reserves of £388,060, an increase from the previous year's £206,233. The charity received £511,493 in donations and spent £332,010 on charitable donations, resulting in a net income of £181,827. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: maintain a surplus balance on unrestricted funds, in order to protect the charity against the impact of shortfalls in earned income (held: £388k)

“tis 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

Per its FY2025 accounts as filed with the Charity Commission.

Related-party transaction: Donations received from Laltex and Co Limited, a company where trustees Sanjay Mulchand and Rajan Mulchand are directors.

“During the year the Foundation received donations totalling £500,000 (2024 : £250,000) from Laltex and Co Limited, a company of which Sanjay Mulchand and Rajan Mulchand are directors.” — page 10

“and £5,500 (2024 : £5,700) from Bharati Mulchand, mother of Sanjay Mulchand.”

Per its FY2025 accounts as filed with the Charity Commission.

Related-party transaction: Donations received from Bharati Mulchand, mother of trustee Sanjay Mulchand.

“During the year the Foundation received donations totalling £500,000 (2024 : £250,000) from Laltex and Co Limited, a company of which Sanjay Mulchand and Rajan Mulchand are directors.” — page 10

“and £5,500 (2024 : £5,700) from Bharati Mulchand, mother of Sanjay Mulchand.”

Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Year-over-year changes

Reserves position vs the charity's own policy moved from "below" (FY2024) to "above" (FY2025).

Comparing this charity’s FY2024 and FY2025 accounts as analysed by this site.

Structured financials (annual return, FY ending 28/02/2025)

Total income

£514k

Total spending

£332k

Reserves (reported)

£388k

Employees

Reported reserves equal ~14.0 months of spending — in the top quarter for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (100% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (4.9%) (benchmarks).

Trustees · trustee networks

Rajan Jethanand Mulchand
Sanjay Rajan Mulchand
Venika Sanjay Mulchand

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout England And Wales

Income and spending

Financial year end	Income	Spending
28/02/2025	£514k	£332k
29/02/2024	£270k	£299k
28/02/2023	£3k	£111k
28/02/2022	£257k	£121k
28/02/2021	£107k	£69k

Common questions

Is THE MULCHAND FOUNDATION financially healthy?

Per its FY2025 accounts: The Mulchand Foundation reported unrestricted reserves of £388,060, an increase from the previous year's £206,233. The charity received £511,493 in donations and spent £332,010 on charitable donations, resulting in a net income of £181,827. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were independently examined.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Funder	Similar charities funded	Amount to them
THE CHRISTOPHER AND HENRY OLDFIELD TRUST	1	£25k
THE COLYER-FERGUSSON CHARITABLE TRUST	1	£15k
THE SIR BERNARD & LADY SCHREIER FOUNDATION	1	£6k
THE DULVERTON TRUST	1	£5k
WHITEHEAD MONCKTON CHARITABLE FOUNDATION	1	£3k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE OCTOPUS FOUNDATION.

THE OCTOPUS FOUNDATION income £329k
GRAFF FOUNDATION income £1.4m
THE LOCKWOOD CHARITABLE FOUNDATION income £2.8m
THE ROBERT MCALPINE FOUNDATION income £1.1m
THE FREDERICK MULDER FOUNDATION income £223k
M AND M FOUNDATION income £217k

Side by side with its peers

Charity	Income	Top pay band	Reserves vs policy	Fundraising cost	Going concern
THE MULCHAND FOUNDATION	£514k	—	above	—	no doubt
THE OCTOPUS FOUNDATION FY2025	£329k	—	unclear	—	no doubt
GRAFF FOUNDATION FY2025	£1.4m	—	above	—	no doubt
THE LOCKWOOD CHARITABLE FOUNDATION FY2025	£2.8m	—	unclear	—	no doubt
THE ROBERT MCALPINE FOUNDATION FY2025	£1.1m	—	above	—	no doubt
THE FREDERICK MULDER FOUNDATION FY2025	£223k	—	unclear	—	no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.