BOLTON HINDUS' AGE INSPIRATION
There was a character missing in Rasik's second name. it is corrected now.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £57,890 as of 31 January 2025, which is above the stated policy target of six months' annual running costs. The charity reported a surplus for the year, with total incoming resources of £57,890 against total expenditure of £34,241, indicating stable financial health.
What the accounts disclose
“The trustees extend their gratitude to Bolton Metropolitan Borough Council who continued to support the charity. The trustees meet regularly to review additional sources of funding. The trustees also wish to express their thanks to the owners of the property who have foregone the annual rent charges as a means of contributing in support of the charity.” — page 3
“The charity has a policy of trying to maintain reserves at six months annual running costs.The trustees are actively working on the necessary resources to achieve that target.” — page 3
Trustees
- RASIK GULABBHAI MISTRYchair
- Bhagvati Parmar
- Champaklal Gulabhai Mistry
- JITENDRA KUMAR MISTRY
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/01/2026 | £37k | £41k |
| 31/01/2025 | £48k | £41k |
| 31/01/2024 | £42k | £34k |
| 31/01/2023 | £74k | £35k |
| 31/01/2022 | £30k | £24k |
Common questions
Is BOLTON HINDUS' AGE INSPIRATION financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £57,890 as of 31 January 2025, which is above the stated policy target of six months' annual running costs. The charity reported a surplus for the year, with total incoming resources of £57,890 against total expenditure of £34,241, indicating stable financial health. Its FY2025 accounts were independently examined.
Who funds BOLTON HINDUS' AGE INSPIRATION?
Funders whose own accounts filings name BOLTON HINDUS' AGE INSPIRATION as a grant recipient include BOLTON COMMUNITY AND VOLUNTARY SERVICES.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| BOLTON COMMUNITY AND VOLUNTARY SERVICES | FY2025 | £5k | |
| BOLTON COMMUNITY AND VOLUNTARY SERVICES | FY2025 | £2k |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 15/07/2022 | £10k | Installation of lift for the disabled. |