SHREE SWAMINARAYAN CHARITABLE TRUST VADTAL DHAM (UK)
The Shree Swaminarayan Charitable Trust Vadtal Dham (UK) is dedicated to establishing a Hindu Temple that serves as a spiritual sanctuary for both the Hindu community and the wider local population. Through a diverse range of religious, cultural, and educational programmes, we aim to foster an inclusive environment where individuals from all backgrounds can engage, learn, and grow.
Objects
TO ADVANCE THE HINDU FAITH IN LONDON AND THE SURROUNDING AREA FOR THE BENEFIT OF THE PUBLIC THROUGH THE HOLDING OF PRAYER MEETINGS, PRODUCING AND/OR DISTRIBUTING LITERATURE ON THE HINDU FAITH TO ENLIGHTEN OTHERS ABOUT HINDUISM.
Financial health, per its FY2024 accounts
The accounts state that the charity made a surplus of £915,973 for the year, with total unrestricted reserves amounting to £527,087. The trustees consider the financial position to be satisfactory and the level of funding adequate to support activities. The charity purchased a freehold building for £3,218,775, financed by donations and a bank loan, but maintains sufficient cash reserves to meet its liquidity policy.
What the accounts disclose
“Donations – Building Fund 877,327”
“The Trustees review the Charity's reserves policy annually and are satisfied with the level of cash reserves at 31 December 2024 which amounted to £ 432,018. The Charity's total unrestricted reserves amounted to £527,087 which the trustees consider is sufficient given its policy to retain to fund ongoing costs of the Charity for at least one year.” — page 8
“During the year various trustees and their family members made donations to the charity totalling £316,868” — page 19
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints policy and procedures
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Daxesh Kumar Patelchair
- Pravinkumar Vaghjibhai Patel
- Pritesh Dineshbhai Patel
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £965k | £52k |
Common questions
Is SHREE SWAMINARAYAN CHARITABLE TRUST VADTAL DHAM (UK) financially healthy?
Per its FY2024 accounts: The accounts state that the charity made a surplus of £915,973 for the year, with total unrestricted reserves amounting to £527,087. The trustees consider the financial position to be satisfactory and the level of funding adequate to support activities. The charity purchased a freehold building for £3,218,775, financed by donations and a bank loan, but maintains sufficient cash reserves to meet its liquidity policy. Its FY2024 accounts were independently examined.