KRISHNA CYMRU
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.
Objects
THE OBJECTS OF THE CIO ARE TO PROVIDE FACILITIES AND SERVICES INSPIRED BY THE IDEALS, PRACTICES AND TECHNIQUES OF THE TRADITIONAL WISDOM OF 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.
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.
What the accounts disclose
“Donations and grants 2 1,044,098 948,139 1,992,237 1,682,655” — page 16
“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
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Katrien Goemans
- Margot Truscott
- PAUL MURPHY
- Ross Jones
- Sinothando El Tagoury
- Terence Anderson
- William John Martin Fleming
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £2.1m | £1.3m |
| 31/12/2023 | £1.8m | £916k |
| 31/12/2022 | £1.2m | £686k |
| 31/12/2021 | £9k | £1k |
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
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| MOONDANCE FOUNDATION | FY2023 | £113k |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 13/05/2026 | £20k | WALES COL - Ty Krishna Farm Project |
| The National Lottery Community Fund | 06/12/2022 | £10k | Food For Life Wales |
| The National Lottery Heritage Fund | 01/11/2022 | £250k | "Ty Krishna Cymru" |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE HINDUJA FOUNDATION | 1 | £95k |
| THE RISMAN FOUNDATION | 1 | £3k |
| THE PINE RIDGE FOUNDATION | 1 | £1k |
Charities like this
- INTERNATIONAL SOCIETY FOR KRISHNA CONSCIOUSNESS LONDON
- JAYA SHREE KRISHNA CHARITABLE TRUST
- INTERNATIONAL SOCIETY FOR KRISHNA CONSCIOUSNESS LIMITED
- KRISHNAMURTI FOUNDATION TRUST LTD
- INTERNATIONAL SOCIETY FOR KRISHNA CONSCIOUSNESS BHAKTIVEDANTA MANOR
- DEVOTIONAL ASSOCIATES OF YOGESHWAR
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| KRISHNA CYMRU | £2.1m | — | 0 | unclear | — | no doubt |
| INTERNATIONAL SOCIETY FOR KRISHNA CONSCIOUSNESS LONDON | £4.8m | — | 0 | unclear | — | no doubt |
| JAYA SHREE KRISHNA CHARITABLE TRUST | £204k | — | 0 | unclear | — | no doubt |
| INTERNATIONAL SOCIETY FOR KRISHNA CONSCIOUSNESS LIMITED | £15.0m | — | 0 | unclear | — | no doubt |
| KRISHNAMURTI FOUNDATION TRUST LTD | £3.0m | — | 0 | above | — | no doubt |
| INTERNATIONAL SOCIETY FOR KRISHNA CONSCIOUSNESS BHAKTIVEDANTA MANOR | £6.6m | — | 0 | unclear | — | no doubt |