KARTIK PRABHU MEMORIAL FOUNDATION
Financial health, per its FY2023 accounts
The accounts state that unrestricted reserves stood at £1,512,706, which the Trustees recognize as a significant level compared to current expenditure. The charity reported a net income of £323,484 for the period, driven largely by donations, while charitable expenditure remained relatively low at £59,875. The Trustees confirmed there are no significant short or medium-term financial risks to the charity's continued operations.
What the accounts disclose
Structured financials (annual return, FY ending 04/05/2022)
Trustees
- Rewati Tushar Prabhuchair
- John Kenneth Fowler
- SUDHANSHU PALSULE
- Tushar Sudhakar Prabhu
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £327k | £129k |
| 31/03/2024 | £76k | £63k |
| 31/03/2023 | £402k | £60k |
| 04/05/2022 | £654k | £49k |
| 04/05/2021 | £601k | £13k |
Common questions
Is KARTIK PRABHU MEMORIAL FOUNDATION financially healthy?
The accounts state that unrestricted reserves stood at £1,512,706, which the Trustees recognize as a significant level compared to current expenditure. The charity reported a net income of £323,484 for the period, driven largely by donations, while charitable expenditure remained relatively low at £59,875. The Trustees confirmed there are no significant short or medium-term financial risks to the charity's continued operations. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ZOUQ FOUNDATION | 1 | — |
| The Ashley Tabor-King Foundation | 1 | £1.1m |
| ANA LEAF FOUNDATION | 1 | £1.0m |
| THE RUMI FOUNDATION | 1 | £550k |
| SABEEL FOUNDATION | 1 | £424k |
| THE RUBIN FOUNDATION CHARITABLE TRUST | 1 | £300k |
| PETER DUBENS FAMILY FOUNDATION | 1 | £300k |
| IGY FOUNDATION | 1 | £250k |