KRISHNA CYMRU
Registered charity 1191237 · accounts filings on the Charity Commission register · also known as ISKCON Wales
Provide facilities and services inspired by the Vedic bhakti tradition specifically as taught by A.C. Bhaktivedanta Swami Prabhupada; and as revealed in the Vaishnava texts of the Bhagavad Gita and Shrimad Bhagavatam to educate the general public, relieve suffering and poverty, to manifest and promote that wisdom tradition and advance, transmit, and propagate the religion of Krishna Consciousness.
Causes: Disability · The Prevention Or Relief Of Poverty · Religious Activities · Arts/culture/heritage/science · website · Get email alerts
Financial health, per its FY2024 accounts
The accounts state that unrestricted funds totalled £635,858 at the end of the year, though the trustees note the charity does not currently hold free reserves as available funds are being invested in the Ty Krishna Cymru project. The charity reported a net income of £824,544 and total resources expended of £1,299,041, with net assets increasing to £2,263,805. The trustees have prepared the financial statements on a going concern basis, citing committed donations, group funding support, and expected trading growth.
Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.
What the accounts disclose
Largest income source: Donations and grants (77% of income)
“Donations and grants 2 1,044,098 948,139 1,992,237 1,682,655” — page 16
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: The Charity rents certain properties from ISKCON for use in its activities, and during the year total rental payments amounted to £80,050 (2023: £79,098). In addition, the Charity purchased books, insurance, licence fees and other supplies from ISKCON-related entities totalling £217,818 (2023: £181,573).
“The Charity rents certain properties from ISKCON for use in its activities, and during the year total rental payments amounted to £80,050 (2023: £79,098). In addition, the Charity purchased books, insurance, licence fees and other supplies from ISKCON-related entities totalling £217,818 (2023: £181,573). No donations were received from ISKCON during the year (2023: £99,399). The Charity also both lends to and borrows from ISKCON as part of its project funding arrangements. Interest of £20,913 was received during the year on monies owed to the Charity, while £106,253 of interest was paid on the loan owed by the Charity. The loan payable to ISKCON bears interest at a rate of 2.29 per cent above the Bank of England base rate and is repayable by 2038. At 31 December 2024, the Charity was owed £26,853 (2023: £1,247,616) by ISKCON under an interest-free arrangement that is repayable on demand. Conversely, the Charity owed £1,434,593 (2023: £1,495,348) to ISKCON in respect of the above loan, together with £48,604 (2023: £63,692) for trade purchases and rent outstanding at the year end. Overall, the net position at 31 December 2024 was that the Charity owed ISKCON £1,456,344 (2023: a net receivable of £311,424). All related-party balances are unsecured. Interest income and expense have been appropriately recognised in the Statement of Financial Activities. The trustees consider that these transactions were undertaken on an arm’s-length basis and in the normal course of the Charity’s operations.” — page 29
Per its FY2024 accounts as filed with the Charity Commission.
Accounts audited by Hodge Bakshi Limited. Discloses 4 of 6 completeness components.
Structured financials (annual return, FY ending 31/12/2024)
Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).
Trustee list from the Charity Commission register (current, not historical).
Operates in: Throughout England And Wales
Income and spending
Common questions
Is KRISHNA CYMRU financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted funds totalled £635,858 at the end of the year, though the trustees note the charity does not currently hold free reserves as available funds are being invested in the Ty Krishna Cymru project. The charity reported a net income of £824,544 and total resources expended of £1,299,041, with net assets increasing to £2,263,805. The trustees have prepared the financial statements on a going concern basis, citing committed donations, group funding support, and expected trading growth. Its FY2024 accounts were audited by Hodge Bakshi Limited.
Who funds KRISHNA CYMRU?
Funders whose own accounts filings name KRISHNA CYMRU as a grant recipient include MOONDANCE FOUNDATION.
Known funders
Grants to this charity found in funders’ own accounts filings.
Government & lottery funding
Grants to this charity published as open data by government and lottery funders (360Giving).
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 INTERNATIONAL SOCIETY FOR KRISHNA CONSCIOUSNESS LONDON.
Side by side with its peers
Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.