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SHREE SWAMINARAYAN SIDHANT SAJIVAN MANDAL LONDON

Registered charity 252726 · accounts filings on the Charity Commission register · also known as MANINAGAR SHREE SWAMINARAYAN GADI SANSTHAN, SHREE SWAMINARAYAN GADI SANSTHAN

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Latest income
£2.4m
Latest spending
£2.3m
Registered
1967
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that total reserves at year-end were £26,001,593, which is above the trustees' stated policy target of approximately £250,000 (representing 9 to 12 months of expenditure). The charity reported a net expenditure of £356,633 for the year, with unrestricted general funds decreasing from £2,206,068 to £1,671,922, while restricted funds increased due to fixed asset additions.

What the accounts disclose

Reserves policy: three months of unrestricted expenditure (held: £26.0m)
“The Trustees and Management Committee have established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets ('free reserves') held by the charity should be between 9 to 12 months of the resources expended, this equates to approximately £250,000 in general funds” — page 7
Per its FY2023 accounts as filed with the Charity Commission.

Accounts audited by Albury Associates Limited. Discloses 5 of 6 completeness components.

Public fundraising profile: JustGiving — Shree Swaminarayan Mandir, Kingsbury (matched by registered charity number).

Structured financials (annual return, FY ending 31/12/2024)

Total income
£2.4m
Total spending
£2.3m
Cost of raising funds
£169k
Reserves (reported)
£2.9m
Employees
7

Reported reserves equal ~15.3 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout London

Income and spending

Financial year endIncomeSpending
31/12/2024£2.4m£2.3m
31/12/2023£2.1m£2.4m
31/12/2022£2.0m£2.4m
31/12/2021£1.5m£438k
31/12/2020£1.2m£474k

Common questions

Is SHREE SWAMINARAYAN SIDHANT SAJIVAN MANDAL LONDON financially healthy?

The accounts state that total reserves at year-end were £26,001,593, which is above the trustees' stated policy target of approximately £250,000 (representing 9 to 12 months of expenditure). The charity reported a net expenditure of £356,633 for the year, with unrestricted general funds decreasing from £2,206,068 to £1,671,922, while restricted funds increased due to fixed asset additions. Its FY2023 accounts were audited by Albury Associates Limited.