SARJUDAS FOUNDATION
Financial health, per its FY2024 accounts
The accounts state that the Group held free reserves of approximately £10.70 million at the end of the year, which the Trustees confirmed was substantially in excess of their stated reserves policy target of at least £1 million. The Trustees consider the liquidity position to be strong, noting that operating expenditure is largely discretionary and can be reduced to mitigate income reductions, while retained reserves are sufficient to cover short or medium-term fluctuations.
What the accounts disclose
“the Trustees are of the view that maintaining cash reserves of at least £1 million will provide sufficient resources in the event of adverse conditions.”
“The Sarjudas Foundation received a donation of £4.8m (2023: £11.7m) from BAPS. There are a number of individuals who are trustees of both entities and both charities share the same aims and objectives.” — page 24
“In 2024, Sarjudas Foundation made Charitable donations of £3.025m (2023: £Nil) to Nilkanth Estates.” — page 3
“The Sarjudas Foundation received a donation of £4.8m (2023: £11.7m) from BAPS. There are a number of individuals who are trustees of both entities and both charities share the same aims and objectives.” — page 24
“In 2024, Sarjudas Foundation made Charitable donations of £3.025m (2023: £Nil) to Nilkanth Estates.” — page 3
“The Sarjudas Foundation received a donation of £4.8m (2023: £11.7m) from BAPS. There are a number of individuals who are trustees of both entities and both charities share the same aims and objectives.” — page 24
“In 2024, Sarjudas Foundation made Charitable donations of £3.025m (2023: £Nil) to Nilkanth Estates.” — page 3
“The Sarjudas Foundation received a donation of £4.8m (2023: £11.7m) from BAPS. There are a number of individuals who are trustees of both entities and both charities share the same aims and objectives.” — page 24
“In 2024, Sarjudas Foundation made Charitable donations of £3.025m (2023: £Nil) to Nilkanth Estates.” — page 3
“The Sarjudas Foundation received a donation of £4.8m (2023: £11.7m) from BAPS. There are a number of individuals who are trustees of both entities and both charities share the same aims and objectives.” — page 24
“In 2024, Sarjudas Foundation made Charitable donations of £3.025m (2023: £Nil) to Nilkanth Estates.” — page 3
“The main wholly-owned trading subsidiaries are Saya Enterprises Limited (and its wholly owned subsidiarics) and Cultural Festival of India Limited.” — page 7
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- JITENDRAKUMAR MAGANBHAI PATELchair
- AMAR PAREKH
- Bhavik Sagoonbhai Patel
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £18.8m | £17.7m |
| 31/12/2023 | £26.3m | £8.6m |
| 31/12/2022 | £16.5m | £15.2m |
| 31/12/2021 | £8.9m | £6.3m |
| 31/12/2020 | £5.9m | £6.4m |
Common questions
Is SARJUDAS FOUNDATION financially healthy?
The accounts state that the Group held free reserves of approximately £10.70 million at the end of the year, which the Trustees confirmed was substantially in excess of their stated reserves policy target of at least £1 million. The Trustees consider the liquidity position to be strong, noting that operating expenditure is largely discretionary and can be reduced to mitigate income reductions, while retained reserves are sufficient to cover short or medium-term fluctuations. Its FY2024 accounts were audited by PKF Littlejohn LLP.
Who funds SARJUDAS FOUNDATION?
Funders whose own accounts filings name SARJUDAS FOUNDATION as a grant recipient include BOCHASANWASI SHRI AKSHAR PURUSHOTTAM SWAMINARAYAN SANSTHA.
Known funders
| Funder | Year | Amount |
|---|---|---|
| BOCHASANWASI SHRI AKSHAR PURUSHOTTAM SWAMINARAYAN SANSTHA | FY2024 | £4.8m |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| NORFOLK COMMUNITY FOUNDATION | 1 | £30k |
| WESTCOMBE FOUNDATION | 1 | £500 |