THE MULCHAND FOUNDATION

Registered charity 1181826 · accounts filings on the Charity Commission register

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

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

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

Registered contact address: Wigan, North West, England (from the postcode on the register)

Latest income
£792k
Latest spending
£309k
Registered
2019
Accounts read
FY2026

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.

Automated summary of the FY2026 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 (reserves figure: £871k)
“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 FY2026 accounts as filed with the Charity Commission.
Related-party transaction: Donations from Laltex and Co Limited (directed by trustees Sanjay and Rajan Mulchand)
“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
Per its FY2026 accounts as filed with the Charity Commission.
Related-party transaction: Donations from Sanjay Mulchand (trustee)
“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
Per its FY2026 accounts as filed with the Charity Commission.
Related-party transaction: Donations from Bharati Mulchand (mother of trustee Sanjay Mulchand)
“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
Per its FY2026 accounts as filed with the Charity Commission.
Related-party transaction: Administration costs borne by Laltex and Co Limited
“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
Per its FY2026 accounts as filed with the Charity Commission.

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

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Structured financials (annual return, FY ending 28/02/2026)

Total income
£792k
Total spending
£309k
Reserves (reported)
£871k
Employees
0

Reported reserves equal ~33.8 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 (99% 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

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

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
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

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

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with MUCKLOW CHARITABLE TRUST LIMITED.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE MULCHAND FOUNDATION£792k—0above—no doubt
MUCKLOW CHARITABLE TRUST LIMITED FY2025£1.6m——unclear—no doubt
MILLWARD CHARITABLE TRUST FY2025£47k—0unclear—no doubt
THE MACDONALD-BUCHANAN CHARITABLE TRUST FY2025£108k—0unclear—no doubt
M I CHARITABLE TRUST FY2024£21k—0unclear—no doubt
THE MAKHAD TRUST FY2025£73k—0above—no doubt

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