Charity Accounts Intelreading the accounts so you don’t have to

THE MULCHAND FOUNDATION

Registered charity 1181826 · accounts filings on the Charity Commission register

Latest income
£514k
Latest spending
£332k
Registered
2019
Accounts read
FY2023

Financial health, per its FY2023 accounts

The Mulchand Foundation reported unrestricted reserves of £235,579 for the year ended 28 February 2023, a decrease from £344,036 in the prior year. The charity received significantly lower donations (£1,889) compared to the previous year (£256,618) and made charitable donations totaling £111,164. The trustees maintain a policy to maintain a surplus balance on unrestricted funds to protect against income shortfalls.

What the accounts disclose

Reserves policy: maintain a surplus balance on unrestricted funds (held: £236k)
“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
Per its FY2023 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

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

Total income
£514k
Total spending
£332k
Reserves (reported)
£388k
Employees
0

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

Trustees

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

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
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?

The Mulchand Foundation reported unrestricted reserves of £235,579 for the year ended 28 February 2023, a decrease from £344,036 in the prior year. The charity received significantly lower donations (£1,889) compared to the previous year (£256,618) and made charitable donations totaling £111,164. The trustees maintain a policy to maintain a surplus balance on unrestricted funds to protect against income shortfalls. Its FY2023 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.

FunderSimilar charities fundedAmount to them
THE SIR BERNARD & LADY SCHREIER FOUNDATION1£4k
THE CHRISTOPHER AND HENRY OLDFIELD TRUST1£0

Charities like this

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