ZOROASTRIAN TRUST FUNDS OF EUROPE (INCORPORATED)
Financial health, per its FY2025 accounts
The accounts state that total net assets decreased from £8,199,602 to £8,090,220, resulting in a net deficit of £109,382 for the year. The trustees report that substantial reserves have been prudently held to maintain current activities, and the auditor confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“Upon the sale of the freehold property at 88 Compayne Gardens in 2005, sixty-five (65) percent of the surplus was transferred to the Unrestricted Designated Funds in order to ensure that income and gains from these investments will balance or exceed the running and maintenance expenditure of the association.” — page 6
Funders the charity credits
- Phiroze, Roshan, and Late Homi D Munshi Fund
- Shapoorji Pallonji and Company Private Limited
Structured financials (annual return, FY ending 31/03/2024)
Trustees
- MALCOLM MINOO DEBOOchair
- BEHRAM RUSTOMJI KAPADIA
- Bapsy Dastur
- DORAB ERACH MISTRY OBE
- DR. KOKA KAVITA KARISHMA
- DR. RUZBEH VISTASP HODIWALA
- JAVID SOLI CANTEENWALA
- JESMIN SORAB
- KHASHAYAR KHOSHRAVIANI
- KOBAD SAVAK AVARI
- PROF. DR. ZUBIN BEHRAM SETHNA
- ROHINTON FIROZE MUNSHI
- RUSI KEKOBAD DALAL
- SHAZNEEN YAZDI MUNSHI
- YAZAD HORMAZDYAR DALAL
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £479k | £520k |
| 31/03/2024 | £1.1m | £1.1m |
| 31/03/2023 | £401k | £668k |
| 31/03/2022 | £474k | £386k |
| 31/03/2021 | £753k | £337k |
Common questions
Is ZOROASTRIAN TRUST FUNDS OF EUROPE (INCORPORATED) financially healthy?
The accounts state that total net assets decreased from £8,199,602 to £8,090,220, resulting in a net deficit of £109,382 for the year. The trustees report that substantial reserves have been prudently held to maintain current activities, and the auditor confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by Brian Paul Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| DAWAT-E-HADIYAH TRUST (UNITED KINGDOM) | 1 | £104k |
| SHREE RAJ SAUBHAG SATSANG MANDAL UK | 1 | £150 |