N AND R KARNANI TRUST
Latest income
£1.3m
Latest spending
£410k
Registered
2020
Accounts read
FY2025
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves increased to £4,275,895, exceeding the previous year's balance of £3,421,504. The trustees maintain a policy to keep the balance of annual income as reserves after donating 80%, and all funds held are unrestricted. The charity reports no paid staff and relies on voluntary trustee oversight.
What the accounts disclose
Reserves policy: donate 80% of annual income and the balance to be kept as reserves (held: £4.3m)
“Their target is to donate 80% of annual income and the balance to be kept as reserves.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Donations from trustees
“During the period, the charity received £804,000 (2024: £641,000) as donations from Mr N Karnani and Mrs R Karnani who are the trustees of the charity.” — page 21
“During the period, the charity received donations amounting to £120,000 (2024: £91,449) from NRK (London) Ltd, a company related to the trustees.” — page 21
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Donations from related company
“During the period, the charity received £804,000 (2024: £641,000) as donations from Mr N Karnani and Mrs R Karnani who are the trustees of the charity.” — page 21
“During the period, the charity received donations amounting to £120,000 (2024: £91,449) from NRK (London) Ltd, a company related to the trustees.” — page 21
Per its FY2025 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 31/03/2025)
Total income
£1.3m
Total spending
£410k
Reserves (reported)
£4.3m
Employees
0
Trustees
- Mitul Shona Mistry Joshi
- Namita Maru
- Narendra Karnani M.A.
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.3m | £410k |
| 31/03/2024 | £970k | £280k |
| 31/03/2023 | £956k | £101k |
| 31/03/2022 | £1.3m | £94k |
| 28/02/2021 | £684k | £37k |
Common questions
Is N AND R KARNANI TRUST financially healthy?
The accounts state that unrestricted reserves increased to £4,275,895, exceeding the previous year's balance of £3,421,504. The trustees maintain a policy to keep the balance of annual income as reserves after donating 80%, and all funds held are unrestricted. The charity reports no paid staff and relies on voluntary trustee oversight. Its FY2025 accounts were audited by KLSA LLP.