THE M T SUTERWALLA FAMILY FOUNDATION
The objective of the charity continued to be that of making grants and partnering with other deserving charitable organisations and individuals.
Objects
SUCH GENERAL CHARITABLE PURPOSES UNDER THE LAWS OF ENGLAND AND WALES FOR THE BENEFIT OF THE PUBLIC AS THE TRUSTEES FROM TIME TO TIME IN THEIR DISCRETION THINK FIT.
Financial health, per its FY2025 accounts
The accounts state that the charity holds unrestricted reserves of £1,445,760, which the trustees consider adequate to fulfil obligations. The charity reported a net deficit of £39,054 for the year, primarily driven by charitable donations of £33,000 and governance costs. The trustees confirm the charity is in a strong position to continue its activities.
What the accounts disclose
“Profit on sale of shares 34,602” — page 11
Policies the charity declares
- Complaints handling
- Conflicting interests
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
Trustees
- MANSOOR TAHERALLY SUTERWALLAchair
- RIYAZ SUTERWALLA
- TAHER SUTERWALLA
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £52k | £34k |
| 31/03/2024 | £121k | £28k |
| 31/03/2023 | £100k | £26k |
| 31/03/2022 | £1k | £40k |
| 31/03/2021 | £20k | £32k |
Common questions
Is THE M T SUTERWALLA FAMILY FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds unrestricted reserves of £1,445,760, which the trustees consider adequate to fulfil obligations. The charity reported a net deficit of £39,054 for the year, primarily driven by charitable donations of £33,000 and governance costs. The trustees confirm the charity is in a strong position to continue its activities. Its FY2025 accounts were independently examined.