THE DEVCHANDBHAI & KANKUBEN FOUNDATION
Financial health, per its FY2025 accounts
The accounts state that unrestricted funds increased to £1,335,410 from £886,081 in the prior year, driven by significant donations and investment gains. The charity reported no staff members and incurred minimal governance costs of £500. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue operating.
What the accounts disclose
“During the year a company in which a Trustee has a controlling interest donated unquoted shares at a value of £645,000 (2024 - £Nil)” — page 14
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- KISHORILAL DEVCHAND GOSAR SHAHchair
- CHAAND SAAYER SHAH
- SHIV SHAH
- ZAVERCHAND DEVCHAND SHAH
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £652k | £181k |
| 31/03/2024 | £14k | £112k |
| 31/03/2023 | £1.1m | £7k |
Common questions
Is THE DEVCHANDBHAI & KANKUBEN FOUNDATION financially healthy?
The accounts state that unrestricted funds increased to £1,335,410 from £886,081 in the prior year, driven by significant donations and investment gains. The charity reported no staff members and incurred minimal governance costs of £500. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue operating. Its FY2025 accounts were independently examined.