THE SHREE SWAMINARAYAN TEMPLE
Financial health, per its FY2024 accounts
The accounts state that the charity is in a strong financial position and able to meet all foreseeable charitable obligations, with total net assets increasing to £19,221,913. The charity holds unrestricted reserves of £15,976,991, which the trustees note are largely represented by investment in the Temple. The trustees' report indicates that the work is reliant on voluntary effort but continues to prosper through donations and rental income.
What the accounts disclose
“The Trust's policy is to build up its reserves in order to generate income and acquire further properties in which to provide facilities for religious meetings and education.”
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- KURJI DEVRAJ PATELchair
- Avnish Patel
- DEVJI BHIMJI KHETANI
- LALJI HARJI VIRJI
- Parbat Khimji Hirani
- Ravilal Hirji Kara
- Umang Bhimji Karsan Jeshani
- Vishram Hira Bhudia
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £1.7m | £1.0m |
| 31/12/2023 | £1.8m | £584k |
| 31/12/2022 | £2.4m | £561k |
| 31/12/2021 | £1.7m | £520k |
| 31/12/2020 | £954k | £305k |
Common questions
Is THE SHREE SWAMINARAYAN TEMPLE financially healthy?
The accounts state that the charity is in a strong financial position and able to meet all foreseeable charitable obligations, with total net assets increasing to £19,221,913. The charity holds unrestricted reserves of £15,976,991, which the trustees note are largely represented by investment in the Temple. The trustees' report indicates that the work is reliant on voluntary effort but continues to prosper through donations and rental income. Its FY2024 accounts were audited by Goldwins Chartered Accountants.