YOG FOUNDATION
To provide or assist in the provision of facilities in the interests of social welfare for recreation or other leisure time occupation of individuals who have need of such facilities by reason of their youth, age, infirmity or disability, financial hardship or social circumstances with the object of improving their conditions of life.
Financial health, per its FY2024 accounts
The accounts state that unrestricted funds increased to £1,058,950, maintaining a level equivalent to three to six months of expenditure as per the charity's reserves policy. The charity reported a net income of £502,566 for the year, driven largely by donations and legacies, with no restricted funds held.
What the accounts disclose
“It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month's expenditure.” — page 4
“Yog Foundation is the sole member of Pink Lotus Enterprise Ltd. It has loaned the entity £32,105.” — page 15
“Yog Foundation is the sole member of Pink Lotus Enterprise Ltd. It has loaned the entity £32,105.” — page 15
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- CHETAN HALAIchair
- Bhaven Pathak
- MAVJI KARSAN CHHABHADIA
- Nanji Ramji Hirani
- Pritesh Bhudia
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £660k | £157k |
| 31/12/2023 | £572k | £46k |
| 31/12/2022 | £224k | £215k |
| 31/12/2021 | £36k | £27k |
| 31/12/2020 | £25k | £13k |
Common questions
Is YOG FOUNDATION financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted funds increased to £1,058,950, maintaining a level equivalent to three to six months of expenditure as per the charity's reserves policy. The charity reported a net income of £502,566 for the year, driven largely by donations and legacies, with no restricted funds held. Its FY2024 accounts were independently examined.