THE DEVCHANDBHAI & KANKUBEN FOUNDATION
Education for children
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?
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. Its FY2025 accounts were independently examined.
Charities like this
- THE KERBASCOL TRUST
- THE KANTA FOUNDATION
- THE SUPPORT FOUNDATION
- RIVERSIDE FOUNDATION LIMITED
- KUSZER TZEDAKAH
- RCCG SURE FOUNDATION ASSEMBLY
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE DEVCHANDBHAI & KANKUBEN FOUNDATION | £652k | — | 0 | unclear | — | no doubt |
| THE KERBASCOL TRUST | £93k | — | 0 | above | — | no doubt |
| THE KANTA FOUNDATION | £168k | — | 0 | unclear | — | no doubt |
| THE SUPPORT FOUNDATION | £190k | — | 0 | below | — | no doubt |
| RIVERSIDE FOUNDATION LIMITED | £143k | — | 0 | unclear | — | no doubt |
| KUSZER TZEDAKAH | £141k | — | 0 | above | — | no doubt |