MAJI PATEL FOUNDATION
Latest income
£1.1m
Latest spending
£346k
Registered
2023
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that the charity had zero total assets and zero liabilities as of 31 March 2024. The accumulated fund is reported as zero, indicating no free reserves. The charity was entitled to exemption from audit under the Charities Act 1993.
What the accounts disclose
Reserves position: below the charity's own stated reserves policy
“In approving these financial statements as Trustee's of the charity we hereby confirm: (a) that for the year ended 31st March 2024 the charity was entitled to exemption conferred by Charities Act 1993” — page 1
Per its FY2024 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 31/03/2025)
Total income
£1.1m
Total spending
£346k
Reserves (reported)
£0
Employees
0
Trustees
- MUBARAK PATELchair
- HASSAN YUSUF PATEL
- MASQUD DAWOOD PATEL
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.1m | £346k |
| 31/03/2024 | £0 | £0 |
Common questions
Is MAJI PATEL FOUNDATION financially healthy?
The accounts state that the charity had zero total assets and zero liabilities as of 31 March 2024. The accumulated fund is reported as zero, indicating no free reserves. The charity was entitled to exemption from audit under the Charities Act 1993. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| DEBMAR BENEVOLENT TRUST LIMITED | 1 | £190k |