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.
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
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- ANANT RAMANBHAI PATEL
- Amritlal Damji Majevadia
- Daxesh Kumar Patel
- Dilip Chhotabhai Patel
- Prashant Chandubhai Soni
- Pravinkumar Vaghjibhai 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.