SHREE KUTCH SATSANG SWAMINARAYAN TEMPLE (MANDIR) LONDON
Financial health, per its FY2024 accounts
The charity reported a net income surplus of £1,657,189 for the year ended 31 December 2024, with total unrestricted reserves standing at £21,216,449. The trustees consider the financial position satisfactory and the charity to be in a strong position to continue its activities, citing sufficient funds to meet future plans and obligations. The accounts were independently audited with no material uncertainties identified regarding going concern.
What the accounts disclose
“The Executive 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, which equates to £700,000 in general funds” — page 7
“Included in creditors amounts falling due within one year is a balance of £114,854 (2023: £46,841 creditor) due to GET. The members of the company are the Trustees.” — page 27
Funders the charity credits
- Shree Kutch Satsang Swaminarayan Temple (SKSST) Harrow
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- VISHRAM VAGHJI PATELchair
- DEVJI KARSAN PATEL
- DHANJI PARBAT PATEL
- Harice Karsan Jesani
- Rikin Devshi Kerai
- SHIVJI NARAN RABADIA
- Suresh Shivji Naran Rabadiya
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £2.6m | £896k |
| 31/12/2023 | £2.1m | £920k |
| 31/12/2022 | £1.7m | £715k |
| 31/12/2021 | £1.6m | £729k |
| 31/12/2020 | £1.1m | £425k |
Common questions
Is SHREE KUTCH SATSANG SWAMINARAYAN TEMPLE (MANDIR) LONDON financially healthy?
The charity reported a net income surplus of £1,657,189 for the year ended 31 December 2024, with total unrestricted reserves standing at £21,216,449. The trustees consider the financial position satisfactory and the charity to be in a strong position to continue its activities, citing sufficient funds to meet future plans and obligations. The accounts were independently audited with no material uncertainties identified regarding going concern. Its FY2024 accounts were audited by Shaw Wallace.