KSMY SEVA TRUST UK
Holding of public celebrations of religious festivals, prayer meetings, discourses, singing ofbhajan and kirtans (Hindu prayers and hymns), classes and producing seminars and literature on SanatanDharma (Hinduism). Participation and organisation of historic and cultural traditions of religious folk-dancing, recital of ancientIndian spiritual poetry and education of Indian classical dancing
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £20,242 at year-end, maintained to ensure funds were readily available for expansion and to cover shortfalls in charitable income. The charity relies on donations and offerings, which the trustees acknowledge can fluctuate from year to year. No material matters were reported by the independent examiner regarding the accounts.
What the accounts disclose
“Reserves were maintained at their level as to ensure funds were readily available for expansion of charity works. Reserves are also maintained to fund working capital and to fund shortfalls in charitable income when income does not reach expected levels.”
Trustees
- Ketan Naglachair
- Bhavin Vinod Nagla
- Dimple Junior Trikamji
- Dipti Solanki
- Hiran Solanki
- Jeymini Wright
- Meha Ajay Nagla
- Punit Rajpara
- Vikram Rajpara
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £41k | £56k |
| 31/12/2023 | £58k | £33k |
| 31/12/2022 | £28k | £6k |
| 31/12/2021 | £7k | £4k |
Common questions
Is KSMY SEVA TRUST UK financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves stood at £20,242 at year-end, maintained to ensure funds were readily available for expansion and to cover shortfalls in charitable income. The charity relies on donations and offerings, which the trustees acknowledge can fluctuate from year to year. No material matters were reported by the independent examiner regarding the accounts. Its FY2024 accounts were independently examined.